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Daily Dispatches
Embry: Russia is fitter fiscally than U.S. and knows West's vulnerability with gold
Submitted by cpowell on Mon, 2014-04-28 17:41 Section: Daily Dispatches5:40p ET Monday, April 28, 2014
Dear Friend of GATA and Gold:
Judging by debt burdens, Russia is in better economic shape than the United States, Sprott Asset Management's John Embry tells King World News today, and Russian President Vladimir Putin knows very well the West's vulnerability to a puncturing of paper gold. An excerpt from the interview is posted at the KWN blog here:
Mine closings drop Ghana's gold production by 14%
Submitted by cpowell on Mon, 2014-04-28 14:59 Section: Daily DispatchesGhana Gold Output Seen Falling 500,000 Ounces on Mine Closings
By Ekow Dontoh
Bloomberg News
Monday, April 28, 2014
Gold production in Ghana, the continent's second-largest producer after South Africa, may fall 500,000 ounces this year as declining prices prompted some mines to suspend operations, the Minerals Commission said.
Currencies weaken and gold flows from West to Asia, Sprott says
Submitted by cpowell on Mon, 2014-04-28 14:51 Section: Daily Dispatches2:50 ET Monday, April 28, 2014
Dear Friend of GATA and Gold:
Gold offtake in Shanghai resumes rise
Submitted by cpowell on Mon, 2014-04-28 13:59 Section: Daily Dispatches2p ET Monday, April 28, 2014
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that after a few weeks of decline, gold offtake from the Shanghai Gold Exchange rose during the week of April 14:
http://www.ingoldwetrust.ch/sge-withdrawals-29-mt-week-16-ytd-635-mt
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Barrick Gold says Newmont terminates takeover talks
Submitted by cpowell on Mon, 2014-04-28 08:12 Section: Daily DispatchesBy Liezel Hill
Bloomberg News
Monday, April 28, 2014
TORONTO -- Barrick Gold Corp. said Newmont Mining Corp. ended talks about a takeover, which would have combined the world's two largest gold producers.
Barrick said today in a statement that it was informed by Greenwood Village, Colorado-based Newmont of the termination of the discussions.
Gold rose fast in recent years and will do so again soon, von Greyerz tells KWN
Submitted by cpowell on Sun, 2014-04-27 21:22 Section: Daily Dispatches9:20p ET Sunday, April 27, 2014
Dear Friend of GATA and Gold:
While the gold sector couldn't be more demoralized, Swiss gold fund manager Egon von Greyerz today tells King World News that the gold price can rise very quickly and indeed did rise very quickly in recent years, and he expects it to rise quickly again. An excerpt from the interview is posted at the KWN blog here:
Lars Schall interviews Bill Kaye about gold suppression and the aftermath
Submitted by cpowell on Sun, 2014-04-27 21:17 Section: Daily Dispatches9:15p ET Sunday, April 27, 2014
Dear Friend of GATA and Gold:
U.S. Justice Department raises stakes in forex probe
Submitted by cpowell on Sun, 2014-04-27 20:13 Section: Daily DispatchesBy Caroline Binham and Kara Scannell
Financial Times, London
Sunday, April 27, 2014
U.S. criminal prosecutors have flown to London to question individuals as part of their probe into the alleged rigging of foreign exchange rates in a sign that the stakes are getting higher for the traders involved in the sprawling probe.
Zulauf, Ing, and Rule interviewed at King World News
Submitted by cpowell on Sat, 2014-04-26 22:59 Section: Daily Dispatches10:55p ET Saturday, April 26, 2014
Dear Friend of GATA and Gold:
At King World News, fund manager Felix Zulauf says currency devaluations will lead to capital controls internationally:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/25_Zu...
TF Metal Report: Whistling past the graveyard
Submitted by cpowell on Sat, 2014-04-26 10:53 Section: Daily Dispatches10:52a ET Saturday, April 26, 2014
Dear Friend of GATA and Gold:
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