You are here

Daily Dispatches

Gene Arensberg: Gold shorting could reverse violently

Section: Daily Dispatches

11:09a ET Friday, September 12, 2014

Dear Friend of GATA and Gold:

The Got Gold Report's Gene Arensberg writes today that there is a lot of opportunistic shorting going on in gold and when it reverses it may do so violently. His commentary is headlined "Speculator 'Insurance Shorts' and Swap Dealer Shorts Likely to Spark a Counter Rally in Gold" and it's posted at the GGR here:

Koos Jansen: India's gold imports for June were highest in 12 months

Section: Daily Dispatches

10:35a ET Friday, September 12, 2014

Dear Friend of GATA and Gold:

Gold researcher and GATA consultant Koos Jansen reports today that India's official gold imports for June were the highest in 12 months, which seems to contrast strangely with the Reuters report from a few hours ago that India may be falling out of love with gold:

No risk in fixed deposits? Tell it to Cyprus!

Section: Daily Dispatches

India's Love Affair with Gold May Be Over as Prices Slide

By Rajendra Jadhav and Indulal PM
Reuters
Friday, September 12, 2014

VANGAL, India -- Kiran Laxman Salunkhe used to buy jewellery during religious festivals, but sliding gold prices have led the young Indian farmer to break with his family's traditional investment.

U.S. to sanction Sberbank, tighten limits on other Russian banks, sources tell Reuters

Section: Daily Dispatches

By Arshad Mohammed
Reuters
Thursday, September 11, 2014

WASHINGTON -- The United States will take new steps on Friday to limit the access of major Russian banks, including Sberbank, to U.S. debt and equity markets to punish Russia for its intervention in Ukraine, sources familiar with the matter said.

The Bank of England has already issued a dozen certificates for this gold

Section: Daily Dispatches

Gold Engagement Ring from 17th Century Discovered in Field by Pensioner

By Sophie Jane Evans
Daily Mail, London
Wednesday, September 10, 2014

http://www.dailymail.co.uk/news/article-2750977/Gold-engagement-ring-17t...

TF Metals Report: Watching the flows

Section: Daily Dispatches

10:25a ET Thursday, September 11, 2014

Dear Friend of GATA and Gold:

Weak hands have been shaken out of gold, Butler and Skoyles contend

Section: Daily Dispatches

2:30p ET Wednesday, September 10, 2014

Dear Friend of GATA and Gold:

Russia and China agree to settle more trade in their own currencies

Section: Daily Dispatches

By Chen Aizhu
Reuters
Tuesday, September 9, 2014

BEIJING -- Russia and China pledged on Tuesday to settle more bilateral trade in ruble and yuan and to enhance cooperation between banks, First Deputy Prime Minister Igor Shuvalov said, as Moscow seeks to cushion the effects of Western economic sanctions.

Either market or Asia will revalue gold with an upward spike, Turk tells KWN

Section: Daily Dispatches

12:35a ET Wednesday, September 10, 2014

Dear Friend of GATA and Gold:

Increased money creation requires more gold price suppression, Embry says

Section: Daily Dispatches

5:30p ET Wednesday, September 10, 2014

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that the West's agitation in Ukraine risks war and that increased money creation has increased the need of governments to suppress the gold price:

Pages