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Daily Dispatches
If only they had bought real metal. ...
Submitted by cpowell on Tue, 2016-01-12 10:45 Section: Daily DispatchesInvestors on Gold ETF Buying Spree Amid Global Stock Rout
By Ranjeetha Pakiam
Bloomberg News
Tuesday, January 12, 2016
Investors embarked on the biggest three-day buying spree in gold-backed exchange traded funds for a year as bullion rallied at the start of 2016 amid a stock-market slump.
John Hathaway: Paper gold -- Utopia for alchemists
Submitted by cpowell on Tue, 2016-01-12 10:03 Section: Daily Dispatches10:02a ET Tuesday, January 12, 2016
Dear Friend of GATA and Gold:
In his new investor letter for the Tocqueville funds, gold fund manager John Hathaway provides a timely overview of the gold "market" and the gold-mining industry, which is quickly contracting under an avalanche of paper gold and the burden of its own debts.
Rand Paul, NY Sun denounce Fed's plutocratic objectives
Submitted by cpowell on Mon, 2016-01-11 21:03 Section: Daily Dispatches9p ET Monday, January 11, 2015
Dear Friend of GATA and Gold:
Incisive criticism of the plutocratic objectives and effects of the Federal Reserve comes tonight from U.S. Sen. Rand Paul and the New York Sun.
RBS cries 'sell everything' as deflationary crisis nears
Submitted by cpowell on Mon, 2016-01-11 20:08 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, January 11, 2016
RBS has advised clients to brace for a "cataclysmic year" and a global deflationary crisis, warning that major stock markets could fall by a fifth and oil may plummet to $16 a barrel.
Eric King: Gold/oil ratio hits extreme in gold's favor
Submitted by cpowell on Mon, 2016-01-11 19:43 Section: Daily Dispatches7:40p ET Monday, January 11, 2016
Dear Friend of GATA and Gold:
Eric King of King World News reports tonight that the gold/oil ratio has just reached an extreme in gold's favor, signifying that gold has held up well amid the collapse in other commodities:
http://kingworldnews.com/the-gold-market-has-just-experienced-a-stunning...
Investors fleeing China's stock-market turmoil seek safety in gold
Submitted by cpowell on Mon, 2016-01-11 16:59 Section: Daily DispatchesBy Biman Mukherji
The Wall Street Journal
Monday, January 11, 2016
HONG KONG -- China's stock-market volatility is driving up the price of gold as investors seeking safety pile into the yellow metal, reversing expectations that the price would slump this year in the wake of a strengthening dollar.
Scrap Bank of England's powers after century of boom and bust, think-tank says
Submitted by cpowell on Mon, 2016-01-11 08:23 Section: Daily DispatchesBy Peter Spence
The Telegraph, London
Monday, January 11, 2016
The Bank of England should abolish the Monetary Policy Committee and dump its inflation target because the regime has been responsible for creating a century of boom and bust, a think-tank has claimed.
Saudis told to prop up currency amid global devaluation war fears
Submitted by cpowell on Sun, 2016-01-10 11:45 Section: Daily DispatchesBy Mehreen Khan
The Telegraph, London
Sunday, January 10, 2016
Saudi Arabia should use its massive foreign exchange reserves to defend the riyal amid fears the world is descending into a new phase of global currency wars, the World Bank has said.
Brookings Institution posts GATA secretary's questions to Bernanke
Submitted by cpowell on Sat, 2016-01-09 20:15 Section: Daily Dispatches8:10p Saturday, January 9, 2016
Dear Friend of GATA and Gold:
TF Metals Report: Another 'conspiracy theory' becomes conspiracy fact
Submitted by cpowell on Sat, 2016-01-09 20:02 Section: Daily Dispatches8p ET Saturday, January 9, 2016
Dear Friend of GATA and Gold:
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