You are here
Daily Dispatches
Gold demand in China slumps 52% as buying frenzy subsides, WGC says
Submitted by cpowell on Thu, 2014-08-14 11:30 Section: Daily DispatchesFrom Bloomberg News
Thursday, August 14, 2014
Gold demand in China shrank in the second quarter as consumers in the biggest user bought fewer bars, coins, and jewelry amid a clampdown on corruption and as the buying spurred by last year's price slump wasn't sustained.
Putin says Russia should aim to sell energy in rubles
Submitted by cpowell on Thu, 2014-08-14 08:44 Section: Daily DispatchesBy Alexei Anishchuk and Dmitry Zhdannikov
Reuters
Thursday, August 14, 2014
YALTA, Crimea -- President Vladimir Putin said on Thursday Russia should aim to sell its oil and gas for roubles globally because the dollar monopoly in energy trade was damaging Russia's economy. ...
... For the remainder of the story:
Silver price going electronic in quest for transparency
Submitted by cpowell on Thu, 2014-08-14 08:39 Section: Daily DispatchesBy Nicholas Larkin
Bloomberg News
Thursday, August 14, 2014
http://www.bloomberg.com/news/2014-08-14/silver-price-going-electronic-i...
LONDON -- The silver-pricing method begun during the reign of Queen Victoria ends today in London as the $5 trillion market shifts to a more transparent process and regulators expand scrutiny of how commodity benchmarks are set.
Economies are not improving, Barron and Celente tell King World News
Submitted by cpowell on Thu, 2014-08-14 00:54 Section: Daily Dispatches12:51a ET Thursday, August 14, 2014
Dear Friend of GATA and Gold:
Propaganda about improving economies is disinformation, mining entrepreneur and geologist Keith Barron tells King World News from Europe:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/14_It...
At Australian mint, history thwarts a golden opportunity
Submitted by cpowell on Thu, 2014-08-14 00:37 Section: Daily DispatchesHeritage Cops Stand in Way of Harvesting Dust Trove Trapped in Walls
By Rhiannon Hoyle
The Wall Street Journal
Thursday, August 13, 2014
PERTH, Australia -- Greg Cooke knows where gold worth hundreds of thousands of dollars is hidden. But like many people in this mining city, his problem isn't finding the precious metal; it is being able to recover it.
On CNBC Asia, GATA secretary cites growing documentation of gold price suppression
Submitted by cpowell on Thu, 2014-08-14 00:20 Section: Daily Dispatches12:25a ET Thursday, August 13, 2014
Dear Friend of GATA and Gold:
U.S. gold reserve is leased but undeliverable, Jim Rickards tells Peter Schiff
Submitted by cpowell on Thu, 2014-08-14 00:02 Section: Daily Dispatches12:02a ET Thursday, August 14, 2014
Dear Friend of GATA and Gold:
Interviewed by fund manager Peter Schiff, geo-political strategist, author, and fund manager James G. Rickards asserts, among other things, that:
-- The U.S. gold reserve has been leased out but has not left its vaults.
London gold fix lawsuits to be consolidated in New York
Submitted by cpowell on Wed, 2014-08-13 17:39 Section: Daily DispatchesBy Andrew Longstreth
Reuters
Wednesday, August 13, 2014
A federal judicial panel on Wednesday ordered that 18 lawsuits alleging a conspiracy to manipulate gold prices be consolidated into one proceeding in New York.
The cases will be sent to U.S. District Judge Valerie Caproni in Manhattan, who has already been overseeing more than two dozen cases.
No interest rate rise in UK this year as Bank of England slashes wage growth forecast
Submitted by cpowell on Wed, 2014-08-13 08:29 Section: Daily DispatchesBy Peter Spence
The Telegraph, London
Wednesday, August 13, 2014
The Bank of England's interest rates are set to stay at their historic lows until next year, after the central bank signalled that it does not expect to see strong growth in earnings.
Bloomberg notes that India's gold import limits are currency market intervention
Submitted by cpowell on Wed, 2014-08-13 08:12 Section: Daily Dispatches8:11a ET Wednesday, August 13, 2014
Dear Friend of GATA and Gold:
Pages
