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Daily Dispatches
Iran accepts Chinese renminbi for crude oil
Submitted by cpowell on Tue, 2012-05-08 10:50 Section: Daily DispatchesBy Henny Sender
Financial Times, London
Monday, May 7, 2012
http://www.ft.com/intl/cms/s/0/63132838-732d-11e1-9014-00144feab49a.html
Iran is accepting renminbi for some of the crude oil it supplies to China, industry executives in Beijing and Kuwait and Dubai-based bankers said, partly as a consequence of US sanctions aimed at limiting Tehran’s nuclear programme.
China's gold imports jump as country may become biggest user
Submitted by cpowell on Tue, 2012-05-08 08:37 Section: Daily DispatchesFrom Bloomberg News
Tuesday, May 8, 2012
http://www.bloomberg.com/news/2012-05-08/china-s-gold-imports-advance-as...
Mainland China's gold imports from Hong Kong surged more than sixfold in the first quarter, adding to signs that the country may displace India as the world's largest consumer of the precious metal on an annual basis.
Warren Who? Gold bugs still think they have right idea
Submitted by cpowell on Mon, 2012-05-07 20:20 Section: Daily DispatchesBy Jeff Cox
CNBC, New York
Monday, May 7, 2012
http://www.cnbc.com/id/47324444
It's not every day you can find people to take the opposite side of a trade from Warren Buffett and Bill Gates, but then gold is not your average trade.
Europe's politics will hasten rush for gold, Turk tells King World News
Submitted by cpowell on Mon, 2012-05-07 12:47 Section: Daily Dispatches12:45p ET Tuesday, May 8, 2012
Dear Friend of GATA and Gold:
India removes excise tax on gold jewelry
Submitted by cpowell on Mon, 2012-05-07 10:00 Section: Daily DispatchesBy Biman Mukherji and Debiprasad Nayak
The Wall Street Journal
Monday, May 7, 2012
http://online.wsj.com/article/SB1000142405270230436310457738944333724737...
NEW DELHI -- Indian Finance Minister Pranab Mukherjee Monday removed the excise tax on sales of all gold jewelry, a move that will calm retailers who went on strike when the scope of the levy was widened in March.
New York Sun: The Munger Games
Submitted by cpowell on Sun, 2012-05-06 19:19 Section: Daily Dispatches7:17p ET Sunday, May 6, 2012
Dear Friend of GATA and Gold:
A New York Sun editorial today talks back probably better than anyone to the shallow disparagement of gold spoken the other day by Berkshire Hathaway's Charles Munger. The Sun's editorial is headlined "The Munger Games" and it's posted at the Sun's Internet site here:
Shanghai Futures Exchange starts a silver futures trade
Submitted by cpowell on Sun, 2012-05-06 16:16 Section: Daily DispatchesBy Robin Bromby
The Australian, Sydney
Monday, May 7, 2012
http://www.theaustralian.com.au/business/opinion/shanghai-futures-exchan...
Gold is limited government, which is more 'civilized' than the alternative
Submitted by cpowell on Sun, 2012-05-06 11:08 Section: Daily Dispatches11:19a ET Sunday, May 6, 2012
Dear Friend of GATA and Gold:
At KWN, weekly metals review and Pento likes mining shares
Submitted by cpowell on Sun, 2012-05-06 10:11 Section: Daily Dispatches10:07a ET Sunday, May 6, 2012
Dear Friend of GATA and Gold:
Over at King World News, Bill Haynes of CMI Gold and Silver and futures market analyst Dan Norcini provide the weekly precious metals market review:
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2012/5/5_KWN_We...
James Turk: From government to 'robberment'
Submitted by cpowell on Sun, 2012-05-06 09:37 Section: Daily Dispatches9:40a ET Sunday, May 6, 2012
Dear Friend of GATA and Gold: