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Daily Dispatches
GoldCore: New LBMA silver price still not transparent
Submitted by cpowell on Fri, 2014-08-15 11:35 Section: Daily Dispatches11:33a ET Friday, August 15, 2014
Dear Friend of GATA and Gold:
GoldCore's daily commentary today complains that the new silver pricing mechanism in London is not transparent and seems rushed and incomplete. The commentary is headlined "New LBMA Silver Price Still Not Transparent" and it's posted at GoldCore here:
Alasdair Macleod: No escape from the dollar as the currency standard
Submitted by cpowell on Fri, 2014-08-15 11:05 Section: Daily Dispatches11a ET Friday, August 15, 2014
Dear Friend of GATA and Gold:
China's fourth gold ETF raises about $50 million
Submitted by cpowell on Thu, 2014-08-14 22:51 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, August 14, 2014
SINGAPORE -- Bosera Funds has raised $50 million for China's fourth gold-backed exchange-traded fund that it aims to launch soon, at a time when investment demand for the precious metal has been sluggish in the world's biggest bullion consumer.
Euro-zone economy grinds to halt even before Russia sanctions bite
Submitted by cpowell on Thu, 2014-08-14 12:53 Section: Daily DispatchesBy Michelle Martin and Martin Santa
Reuters
Thursday, August 14, 2014
Euro-zone economic growth ground to a halt in the second quarter as Germany's economy shrank and France's stagnated.
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:
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