You are here
Daily Dispatches
Alasdair Macleod: Eurozone banks and contagion risk
Submitted by cpowell on Sun, 2012-03-18 11:57 Section: Daily Dispatches11:55a ET Sunday, March 18, 2012
Dear Friend of GATA and Gold:
Economist and former banker Alasdair Macleod, writing at GoldMoney, predicts that not just the debt of the marginal European Union nations but all government debt will soon be impugned by Greece's bond default. Macleod's commentary is headlined "Eurozone Banks and Contagion Risk" and it's posted at GoldMoney here:
Reuters' James Saft tells Buffett that gold is insurance against bad money
Submitted by cpowell on Sun, 2012-03-18 11:48 Section: Daily DispatchesWhat Is Gold For?
By James Saft
Reuters
Friday, March 16, 2012
http://www.reuters.com/article/2012/03/16/us-column-gold-saft-idUSBRE82F...
An apparent economic recovery and a recent tumble in the price of gold has investors wondering if the precious metal has lost its place in a portfolio.
Brazil vows to protect manufacturing with currency devaluation
Submitted by cpowell on Sun, 2012-03-18 11:37 Section: Daily DispatchesBy Joe Leahy
Financial Times, London
Friday, March 16, 2012
http://www.ft.com/intl/cms/s/0/b1d9f05a-6f8b-11e1-b368-00144feab49a.html
BRASILIA -- Brazil's finance minister has vowed to hold down the value of the real and enact new measures to protect domestic industries, in an attempt to revive the country's slumping economic growth.
Financial Sense Newshour interviews Ted Butler on silver market rigging
Submitted by cpowell on Sat, 2012-03-17 12:08 Section: Daily Dispatches12:10p ET Saturday, March 17, 2012
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler, discoverer of the long-term rigging of the silver market via the concentrated short position in the futures market, is interviewed about the market rigging today by Jim Puplava on the Financial Sense Newshour. You can listen to it here:
Counterintuitive takedowns in gold drawing notice, Norini tells King World News
Submitted by cpowell on Sat, 2012-03-17 11:50 Section: Daily Dispatches11:49a ET Saturday, March 17, 2012
Dear Friend of GATA and Gold (and Silver):
Central banks pounce on falling gold, buying it through BIS
Submitted by cpowell on Sat, 2012-03-17 11:17 Section: Daily DispatchesBy Jack Farchy
Financial Times, London
Friday, March 16, 2012
http://www.ft.com/intl/cms/s/0/4f9a6076-6f92-11e1-b3f9-00144feab49a.html
A sharp fall in gold prices has triggered large purchases of bullion by central banks in recent weeks, according to several traders with knowledge of the transactions.
Court overturns order to slash Dutch pension fund's gold allocation
Submitted by cpowell on Sat, 2012-03-17 11:04 Section: Daily DispatchesBy Leen Preesman
Investments & Pensions Europe, London
Friday, March 16, 2012
http://www.ipe.com/news/court-overturns-dutch-regulators-order-to-slash-...
A Rotterdam, Netherlands, court has overturned the Dutch pensions regulator's recent demand that SPVG, the pension fund for glass manufacturers, divest more than three-quarters of its 13% gold allocation.
Intervention will be reduced to 'a blip on a chart,' von Greyerz says
Submitted by cpowell on Fri, 2012-03-16 13:16 Section: Daily Dispatches1:10p ET Friday, March 16, 2012
Dear Friend of GATA and Gold:
Hinde Capital's Ben Davies on financial and political repression
Submitted by cpowell on Fri, 2012-03-16 11:44 Section: Daily Dispatches11:42a ET Friday, March 16, 2012
Dear Friend of GATA and Gold:
Indian government again raises tax on gold imports to swat people into line
Submitted by cpowell on Fri, 2012-03-16 10:39 Section: Daily DispatchesThe essence of this is that the Indian people want gold to be their money and the Indian government doesn't want to let them have it because gold as money restricts government power.
* * *
India Raises Gold-Import Tax for Second Time; Prices Drop
By Pratik Parija and Prabhudatta Mishra
Bloomberg News
Friday, March 16, 2012
Pages
