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Daily Dispatches
Russia is winning confrontation with West, Leeb tells KWN
Submitted by cpowell on Tue, 2014-11-11 19:18 Section: Daily Dispatches7:20p ET Tuesday, November 11, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News today that Russia is winning its confrontation with the West, that China is the biggest buyer of oil on the current dip, and that he wouldn't be surprised if oil is 70 to 90 percent higher within a year. An excerpt from the interview is posted at the KWN blog here:
Wall Street for Main Street's Jason Burack interviews GATA secretary
Submitted by cpowell on Tue, 2014-11-11 19:08 Section: Daily Dispatches7:09p ET Tuesday, November 11, 2014
Dear Friend of GATA and Gold:
If history repeats itself, Turk says, gold downdraft will end soon
Submitted by cpowell on Mon, 2014-11-10 22:37 Section: Daily Dispatches10:35p ET Monday, November 10, 2014
Dear Friend of GATA and Gold:
Sprott's Embry criticizes Randgold's Bristow for claiming that gold is oversupplied
Submitted by cpowell on Mon, 2014-11-10 17:34 Section: Daily Dispatches5:35p ET Monday, November 10, 2014
Dear Friend of GATA and Gold:
GoldCore: UBS shows gold-rigging conspiracies aren't mere theory
Submitted by cpowell on Mon, 2014-11-10 15:10 Section: Daily Dispatches3:09p ET Monday, November 10, 2014
Dear Friend of GATA and Gold:
Noting the Financial Times' report that UBS has agreed to confess to manipulating the gold market --
Judge upholds Liberty Dollar founder's conviction and schedules sentencing
Submitted by cpowell on Mon, 2014-11-10 14:50 Section: Daily Dispatches2:53p ET Monday, November 10, 2014
Dear Friend of GATA and Gold:
The federal judge in the Liberty Dollar counterfeiting case from North Carolina today upheld the jury's March 2011 conviction of the alternative currency system's founder, Bernard von NotHaus. (For an account of von NotHaus' conviction, see: http://www.gata.org/node/9715.)
Russian central bank buys up domestic gold output as sanctions bite
Submitted by cpowell on Mon, 2014-11-10 14:04 Section: Daily DispatchesBy Clara Denina
Reuters
Monday, November 10, 2014
Russia's central bank has been forced to step up its gold buying this year to absorb domestic production that Western sanctions are making it hard for miners to sell abroad, and to boost liquidity in its foreign reserves, sources said.
Why not defend the ruble by buying gold instead?
Submitted by cpowell on Mon, 2014-11-10 12:14 Section: Daily DispatchesIt sure would kick all the other currencies down a peg or two, and the best defense is a good offense.
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In Shift, Russia Lets Ruble Float Free in Markets
By Vladimir Isachenvov and Laura Mills
Associated Press
via Yahoo News
Monday, November 10, 2014
Koos Jansen: Chinese gold demand strong, mainstream media twisting
Submitted by cpowell on Mon, 2014-11-10 09:59 Section: Daily Dispatches10a ET Monday, November 11, 2014
Dear Friend of GATA and Gold:
Western news agencies are still misrepresenting gold demand in China, Bullion Star market analyst and GATA consultant Koos Jansen notes today. His commentary is headlined "Chinese Gold Demand Strong, Mainstream Media Twisting" and it's posted at Bullion Star here:
Swiss franc cap tested as gold bugs push referendum
Submitted by cpowell on Mon, 2014-11-10 08:06 Section: Daily DispatchesBy Lucy Meakin
Bloomberg News
Monday, November 10, 2014
LONDON -- Switzerland's referendum on boosting gold reserves is already increasing pressure on the franc's cap against the euro, even as polls show voters remain undecided.
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