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Daily Dispatches
Russia notes that German gold in U.S. was just a mirage
Submitted by cpowell on Sat, 2017-02-11 15:18 Section: Daily Dispatches3:23p ET Saturday, February 11, 2017
Dear Friend of GATA and Gold:
Grant Williams sees oil pricing transitioning to the yuan and gold
Submitted by cpowell on Thu, 2017-02-09 22:35 Section: Daily Dispatches10:36p ET Thursday, February 9, 2017
Dear Friend of GATA and Gold:
Market analyst Grant Williams' presentation at the Mines and Money conference in London in November, posted in the clear at Zero Hedge tonight, sees the end of the petrodollar system and its gradual replacement, already underway, with a Chinese yuan convertible into gold, transferring the gold pricing system to Asia:
Germany brings its gold stash home sooner than planned
Submitted by cpowell on Thu, 2017-02-09 09:08 Section: Daily DispatchesBy Andreas Framke
Reuters
Thursday, February 9, 2017
FRANKFURT, Germany -- Germany's central bank is bringing home gold reserves stored in places like New York and Paris faster than planned, it said today, as confidence in the euro ebbs even in the heart of the currency bloc after a decade of a sluggish economy.
Druckenmiller buys gold after reversing November stance
Submitted by cpowell on Wed, 2017-02-08 15:02 Section: Daily DispatchesBy Katherine Burton and Katia Porzecanski
Bloomberg News
Wednesday, Febrary 8, 2017
Stan Druckenmiller, the billionaire investor with one of the best long-term track records in money management, said he bought gold in late December and January, reversing the sale he made after the U.S. presidential election.
'The whole world is buying gold here,' Eric Sprott tells King World News
Submitted by cpowell on Wed, 2017-02-08 14:54 Section: Daily Dispatches2:55p ET Wednesday, February 8, 2017
Dear Friend of GATA and Gold:
Gold miners burned by bad deals are again rushing to M&A
Submitted by cpowell on Wed, 2017-02-08 07:31 Section: Daily DispatchesBy Kevin Crowley
Bloomberg News
Tuesday, February 7, 2017
It's been a dirty word in the gold-mining industry for the last three years, but now companies can't stop saying it: growth.
Ronan Manly: New gold futures contracts in London are open but no one trades them
Submitted by cpowell on Tue, 2017-02-07 20:28 Section: Daily Dispatches8:30p ET Tuesday, February 7, 2017
Dear Friend of GATA and Gold:
U.S. government has only itself to blame for dollar strength, Bundesbank chief says
Submitted by cpowell on Tue, 2017-02-07 15:38 Section: Daily DispatchesBy Andreas Framke and Frank Siebelt
Reuters
Tuesday, February 7, 2017
MAINZ, Germany -- The U.S. administration should blame itself rather than Germany for a recent strengthening of the dollar against the euro, the head of Germany's Bundesbank said on Tuesday.
Short selling of silver astounds Sprott's Embry in KWN interview
Submitted by cpowell on Tue, 2017-02-07 14:12 Section: Daily Dispatches2:13p ET Tuesday, February 7, 2017
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, explains why he is astounded at the short-selling of silver, which he considers the most undervalued asset in the world. The interview is excerpted at KWN here:
Deutsche Bank purchases ads to apologize for 'serious errors'
Submitted by cpowell on Sun, 2017-02-05 18:03 Section: Daily DispatchesBy Tino Andresen
Bloomberg News
Sunday, February 5, 2017
Deutsche Bank AG bought full-page ads in all major German newspapers over the weekend to apologize for "serious errors" after two years of losses that cost the lender billions of euros.
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