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Daily Dispatches
As yuan sinks, Goldman sees rising gold demand in China
Submitted by cpowell on Tue, 2016-10-25 08:59 Section: Daily DispatchesFrom Bloomberg News
Tuesday, October 25, 2016
Further weakness in China's currency and investors' concerns over the outlook for the nation's property market may spur gold demand in Asia's top economy, according to Goldman Sachs Group Inc., which made the forecast as the offshore yuan sank to a record.
Ronan Manly: How central banks and bullion banks work together to create imaginary gold
Submitted by cpowell on Tue, 2016-10-25 08:16 Section: Daily Dispatches8:16a ET Tuesday, October 25, 2016
Dear Friend of GATA and Gold:
Russia to sell gold amid budget problems, Pravda reports on source basis
Submitted by cpowell on Mon, 2016-10-24 19:57 Section: Daily DispatchesBy Alexey Viazovsky
Pravda, Moscow
Sunday, October 23, 2016
The Russian Finance Ministry intends to reduce purchases by the state fund of precious metals and stones. At the same time, it is planned to begin selling gold and diamonds to replenish the treasury.
Gold coin worth L250,000 discovered in child's pirate treasure collection
Submitted by cpowell on Mon, 2016-10-24 19:40 Section: Daily DispatchesBy Louie Smith
Daily Mirror, London
Monday, October 24, 2016
An 18th-century gold coin worth up to L250,000 has been discovered in a child's pirate treasure collection.
The anonymous owner had been given the rare Queen Anne Vigo five guinea piece as a youngster by his grandfather.
Hugo Salinas Price: How I became a gold bug
Submitted by cpowell on Mon, 2016-10-24 19:08 Section: Daily Dispatches6:10p CT Monday, October 24, 2016
Dear Friend of GATA and Gold:
Overindebtedness can be resolved only by hyperinflation or hyperdeflation, Embry says
Submitted by cpowell on Mon, 2016-10-24 13:02 Section: Daily DispatchesOr maybe by Venezuela-style rationing, shortages, and totalitarianism.
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12:03p CT Monday, October 24, 2016
Dear Friend of GATA and Gold:
Koos Jansen: Austrian central bank conceals gold audit and bar list
Submitted by cpowell on Sat, 2016-10-22 19:06 Section: Daily Dispatches7:05p ET Saturday, October 22, 2016
Dear Friend of GATA and Gold:
Torgny Persson: Report from LBMA conference in Singapore
Submitted by cpowell on Sat, 2016-10-22 09:59 Section: Daily Dispatches10a ET Saturday, October 22, 2016
Dear Friend of GATA and Gold:
Reporting on the London Bullion Market Association conference just concluded in Singapore, Bullion Star's Torgny Persson writes, among other things:
Swiss gold exports down 9% on month to 149 metric tonnes in September. ...
Submitted by cpowell on Fri, 2016-10-21 16:02 Section: Daily Dispatches... but up 4 percent for the year to date.
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By George King Cassell
Platts, London
Friday, October 21, 2016
Gold exports from Switzerland totaled 149 mt in September, down 9 percent from 163 metric tonnes in August, Swiss federal customs data showed Tuesday.
GATA Chairman Murphy interviewed by TF Metals Report
Submitted by cpowell on Fri, 2016-10-21 15:51 Section: Daily Dispatches3:53p Friday, October 21, 2016
Dear Friend of GATA and Gold:
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