You are here

Daily Dispatches

Draghi says growing ECB balance sheet is last stimulus tool left

Section: Daily Dispatches

By Stefan Riecher and Scott Hamilton
Bloomberg News
Saturday, October 11, 2014

WASHINGTON -- European Central Bank President Mario Draghi said expanding the bank's balance sheet is the last monetary tool left to revive inflation, although there is no target for how much it might be increased.

China's Zhou says some countries already use yuan in reserves

Section: Daily Dispatches

By Belinda Cao
Bloomberg News
Saturday, October 11, 2014

WASHINGTON -- Some countries are already using the Chinese yuan in their foreign-currency reserves without announcing it, China central bank governor Zhou Xiaochuan said.

Banks accept derivatives rule change to end 'too big to fail' scenario

Section: Daily Dispatches

By Huw Jones
Reuters
Saturday, October 11, 2014

LONDON -- The $700 trillion financial derivatives industry has agreed to a fundamental rule change from January to help regulators to wind down failed banks without destabilising markets.

China now takes nearly all world gold production, Shanghai exchange chief confirms

Section: Daily Dispatches

1:56p ET Saturday, October 11, 2014

Dear Friend of GATA and Gold:

China's annual non-government gold consumption has been officially confirmed as having reached 2,000 tonnes, gold researcher and GATA consultant Koos Jansen reports. That figure is close to annual world gold mine production.

Jim Sinclair plans market seminar in San Francisco on Nov. 15

Section: Daily Dispatches

9:30a ET Saturday, October 11, 2014

Dear Friend of GATA and Gold:

Mining entrepreneur and gold advocate Jim Sinclair will hold his next market seminar from 10 a.m. to 3 p.m. on Saturday, November 15, at the Holiday Inn at San Francisco International Airport in South San Francisco, California. Admission will be $100. For more information and to register, please visit:

Chinese gold buying picks up after holiday and premiums rise

Section: Daily Dispatches

From Reuters
Friday, October 10, 2014

Buying activity in China's physical gold exchange ticked up this week, indicating retailers in the top consumer of the metal saw good sales during the week-long National Day holiday.

Goldcorp CEO visits Australia and predicts 'peak gold' next year

Section: Daily Dispatches

But can there ever be 'peak paper'?

* * *

The Bullion Price Will Rise to Meet 'Peak' Gold Next Year

By Barry FitzGerald
The Australian, Sydney
Friday, October 10, 2014

http://www.theaustralian.com.au/business/the-bullion-price-will-rise-to-...

Alasdair Macleod: A market reset is due

Section: Daily Dispatches

8:35a ET Friday, October 10, 2014

Dear Friend of GATA and Gold:

Bill Holter: An open letter to the mining industry

Section: Daily Dispatches

10:18p ET Thursday, October 9, 2014

Dear Friend of GATA and Gold:

Gold and silver mining companies should note the documentation GATA has produced about central bank suppression of the price of the monetary metals and act against it before many companies are driven out of business, Miles Franklin market analyst Bill Holter writes today in "An Open Letter to the Mining Industry":

Pages