Daily Dispatches

India's love affair with gold tested as tax fight spurs jeweler shutdown

Submitted by cpowell on Thu, 2016-03-03 08:26 Section: Daily Dispatches

By Swansy Afonso
Bloomberg News
Wednesday, March 2, 2016

India's thriving gold markets have gone strangely quiet. Shops are shuttered across the world's largest consumer after China and would-be customers are getting frustrated in a country that adores bullion.

Read more about India's love affair with gold tested as tax fight spurs jeweler shutdown

Pravda: Russia aims to overthrow dollar and West with gold

Submitted by cpowell on Tue, 2016-03-01 20:07 Section: Daily Dispatches

Russia Becomes World's Largest Buyer of Gold

From Pravda, Moscow
Tuesday, March 1, 2016

http://www.pravdareport.com/russia/economics/01-03-2016/133690-russia_go...

Read more about Pravda: Russia aims to overthrow dollar and West with gold

Nanex's Hunsader wins big whistleblower prize from useless SEC

Submitted by cpowell on Tue, 2016-03-01 15:25 Section: Daily Dispatches

3:25p ET Tuesday, March 1, 2016

Dear Friend of GATA and Gold:

Read more about Nanex's Hunsader wins big whistleblower prize from useless SEC

Why would a gold-mining executive want low prices to continue? That's easy

Submitted by cpowell on Tue, 2016-03-01 14:48 Section: Daily Dispatches

2:55p ET Tuesday, March 1, 2016

Dear Friend of GATA and Gold:

GATA's friend T.L. says he is confused about why the chief executive of a major gold-mining company -- that is, Randgold's Mark Bristow -- would tell Bloomberg News yesterday that a lower gold price would be good for the industry:

Read more about Why would a gold-mining executive want low prices to continue? That's easy

TF sees stock market collapse, Moolman expects devaluations

Submitted by cpowell on Tue, 2016-03-01 13:58 Section: Daily Dispatches

1:55p ET Tuesday, March 1, 2016

Dear Friend of GATA and Gold:

For those who still follow technical analysis, the T.F. Metals Report's Turd Ferguson has commentary with charts foreshadowing a collapse in the stock market. It's headlined "The Door Slams Shut" and it's posted here:

http://www.tfmetalsreport.com/blog/7476/door-slams-shut

Read more about TF sees stock market collapse, Moolman expects devaluations

Roy Sebag: Warren Buffett's math is trumped by gold

Submitted by cpowell on Tue, 2016-03-01 10:42 Section: Daily Dispatches

10:42a ET Tuesday, March 1, 2016

Dear Friend of GATA and Gold:

Read more about Roy Sebag: Warren Buffett's math is trumped by gold

India imposes gold sales tax on top of record import duty

Submitted by cpowell on Tue, 2016-03-01 08:01 Section: Daily Dispatches

By Rejendra Jadhav
Reuters
Tuesday, March 1, 2016

MUMBAI -- India has reintroduced a local sales tax on gold jewellery after a gap of four years, on top of record import duty, in a move officials hope will dampen demand for the precious metal in the world's second biggest consumer.