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Daily Dispatches
U.S. gold dealer launches first digital currency backed by bullion
Submitted by cpowell on Thu, 2014-07-17 08:30 Section: Daily DispatchesBy Frank Tang
Reuters
Wednesday, July 16, 2014
NEW YORK -- U.S. precious metals dealer Anthem Vault Inc. said on Wednesday it has launched the first digital currency backed by physical gold, with an aim to increase the use of bullion as an accepted form of electronic money.
Bron Suchecki: How Eastern gold demand is transforming the gold market
Submitted by cpowell on Wed, 2014-07-16 23:24 Section: Daily Dispatches11:18p ET Wednesday, July 16, 2014
Dear Friend of GATA and Gold:
The Perth Mint's Bron Suchecki today adds his comments about last month's London Bullion Market Association conference in Singapore, where speakers emphasized that Asia is increasingly serious about getting its hands on metallic gold rather than paper gold.
Koos Jansen: Huge increases in silver imports by India
Submitted by cpowell on Wed, 2014-07-16 21:45 Section: Daily Dispatches9:44p ET Wednesday, July 16, 2014
Dear Friend of GATA and Gold:
India is reporting huge increases in silver imports, gold researcher and GATA consultant Koos Jansen reports today at Bullion Star:
https://www.bullionstar.com/article/india%20imported%20713%20mt%20of%20s...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Leeb says Germany will never get its gold; Rule warns of bank collapses
Submitted by cpowell on Wed, 2014-07-16 15:30 Section: Daily Dispatches3:30p ET Wednesday, July 16, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News that because of its cozying up to Russia and China, Germany will never recover its gold from the Federal Reserve Bank of New York:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/16_No...
Gold fix banks said to propose changes to pricing process
Submitted by cpowell on Wed, 2014-07-16 12:56 Section: Daily DispatchesBy Nicholas Larkin
Bloomberg News
Wednesday, July 16, 2014
LONDON -- The banks running the century-old London gold fixing that's used by miners and central banks to trade and value metal are proposing changes to the process, according to two people with knowledge of the matter.
Bron Suchecki: GLD worries about failure of unallocated gold
Submitted by cpowell on Wed, 2014-07-16 10:09 Section: Daily Dispatches10:08a ET Wednesday, July 16, 2014
Dear Friend of GATA and Gold:
The Perth Mint's Bron Suchecki reports that gold exchange-traded fund GLD is proposing an amendment to its procedures that expresses concern about the reliability of unallocated gold.
Koos Jansen: A new global currency setup is being conceived
Submitted by cpowell on Wed, 2014-07-16 08:44 Section: Daily Dispatches8:40a ET Wednesday, July 16, 2014
Dear Friend of GATA and Gold:
The more obvious they are, the closer the day of deliverance
Submitted by cpowell on Tue, 2014-07-15 23:40 Section: Daily Dispatches11:50p ET Tuesday, July 15, 2014
Dear Friend of GATA and Gold:
With the only news today that seemed to have any bearing on the gold price being bullish -- Federal Reserve Chairwoman Janet Yellen's testimony to a Senate committee that interest rates will remain low long after the current round of "quantitative easing" ends --
Rule glad that resource firms are out of favor, pitches conference in Vancouver
Submitted by cpowell on Tue, 2014-07-15 22:40 Section: Daily Dispatches10:41p ET Tuesday, July 15, 2014
Dear Friend of GATA and Gold:
With gold running out, Sprott expects a delivery failure
Submitted by cpowell on Tue, 2014-07-15 22:23 Section: Daily Dispatches10:17p ET Tuesday, July 15, 2014
Dear Friend of GATA and Gold:
In a two-part interview today with King World News, Sprott Asset Management CEO Eric Sprott explains why he thinks the gold available for price suppression is running out --
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/7/15_Bi...
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