You are here

Daily Dispatches

Lawrie Williams: Shanghai gold deliveries for August were phenomenal

Section: Daily Dispatches

By Lawrie Williams
SharpsPixley.com, London
Sunday, September 6, 2015

August is always a weak month for physical gold moving through China's Shanghai Gold Exchange -- or rather it has been up until now. The big months for SGE withdrawals are normally at the beginning and the end of the year ahead of the Chinese New Year holidays, while trading in the summer months is usually thin.

Russia flirts with Saudi Arabia as OPEC pain deepens

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, September 6, 2015

CERNOBBIO, Italy -- The OPEC oil cartel cannot withstand the pain of low crude prices indefinitely and may be forced to abandon its pugnacious bid for market share within months, Russia's chief energy official has predicted.

Saudi central banker sees no threat to currency's dollar peg

Section: Daily Dispatches

By Onur Ant Ryan Chilcote Alaa Shahine
Bloomberg News
Sunday, September 6, 2015

Central bank Governor Fahad Al-Mubarak said Saudi Arabia will stick with its currency peg as long as oil underpins the economy, dismissing speculation that the country's currency system is coming under pressure.

U.S. Treasury official: G-20 sees need to 'double down' against devaluation

Section: Daily Dispatches

By David Dolan
Reuters
Saturday, September 5, 2015

ANKARA, Turkey -- There is a shared belief among the members of the Group of 20 leading economies in the need to "double down" against competitive currency devaluation and avoid it in both policy and language, a senior U.S. Treasury official said today.

Jim Rickards on China's strategy toward the dollar and gold

Section: Daily Dispatches

11:35p ET Friday, September 4, 2015

Dear Friend of GATA and Gold:

Interviewed by Tekoa Da Silva of Sprott Global Resource Investments, fund manager and author James G. Rickards outlines what he sees as China's strategy toward the U.S. dollar and gold. Rickards adds that confidence in a currency is easily lost. The interview is posted at the Sprott Global Internet site here:

Koos Jansen: Record monthly gold exports from Britain to China

Section: Daily Dispatches

11:14p ET Friday, September 4, 2015

Dear Friend of GATA and Gold:

Gold researcher and GATA consultant Koos Jansen reports that gold exports from the United Kingdom to China reached a record 32.4 tonnes in June. Jansen's report is headlined "Record Monthly Gold Exports from UK to China" and it's posted at Bullion Star here:

TF Metals Report: The Comex delivery charade

Section: Daily Dispatches

10:05a ET Friday, September 4, 2015

Dear Friend of GATA and Gold:

Supervisors should not tell whole truth about bank health, Bundesbank economist warns

Section: Daily Dispatches

By Francesco Canepa
Reuters
Tuesday, September 1, 2015

Banking supervisors should withhold some information when they publish stress test results to prevent both bank runs and excessive risk taking by lenders, according to a paper co-authored by a Bundesbank economist.

Peter Cooper: Don't dismiss the EU investigation into alleged gold and silver price fixing

Section: Daily Dispatches

By Peter Cooper
Arabian Money, Dubai, United Arab Emirates
Thursday, September 3, 2015

Gold bugs are bemused by reports that the European Union competition watchdog is investigating alleged "anti-competitive behavior" by participants in the precious metals market.

Pages