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Daily Dispatches
China's central bank sees no basis for further yuan depreciation
Submitted by cpowell on Thu, 2015-08-13 11:01 Section: Daily DispatchesBy Kevin Yao and Pete Sweeney
Reuters
Thursday, August 13, 2015
SHANGHAI -- China's central bank said on Thursday that there is no basis for further depreciation in the yuan currency given strong economic fundamentals, in a bid to reassure jittery global financial markets after it devalued the currency earlier in the week.
China cuts yuan rate against US dollar for second day
Submitted by cpowell on Wed, 2015-08-12 08:32 Section: Daily DispatchesFrom Agence France-Presse
via Yahoo News
Wednesday, August 12, 2015
SHANGHAI -- China cut the yuan's value against the dollar for the second consecutive day Wednesday, roiling global financial markets and driving expectations the currency could be set for further falls.
New York Sun editorial: The fiat yuan
Submitted by cpowell on Tue, 2015-08-11 18:27 Section: Daily DispatchesFrom the New York Sun
Tuesday, August 11, 2015
Bill Holter: An open letter to the mining industry
Submitted by cpowell on Tue, 2015-08-11 11:14 Section: Daily DispatchesBy Bill Holter
Tuesday, August 11, 2015
Last year at this time I asked readers who owned shares in gold and silver producers to send their companies a letter. I ask that you do this once again.
China's devaluation raises currency war fear as Greece strikes deal
Submitted by cpowell on Tue, 2015-08-11 07:58 Section: Daily DispatchesBy Nigel Stephenson
Reuters
Tuesday, August 11, 2015
LONDON -- China's shock 2 percent devaluation of the yuan on Tuesday pushed the dollar higher and raised the prospect of a new round of currency wars, just as Greece reached a new deal to contain its debt crisis.
Avery Goodman: Goldman, HSBC tell you to sell gold but they're buying
Submitted by cpowell on Mon, 2015-08-10 12:51 Section: Daily Dispatches12:50p ET Monday, August 10, 2015
Dear Friend of GATA and Gold:
TF Metals Report: China's gold reserves rise 1.5% since July announcement
Submitted by cpowell on Mon, 2015-08-10 12:45 Section: Daily Dispatches12:45p ET Monday, August 10, 2015
Dear Friend of GATA and Gold:
Banks obstruct supply as gold demand soars in Nepal
Submitted by cpowell on Mon, 2015-08-10 06:34 Section: Daily DispatchesGold in Short Supply as Buying Rush Continues
From the Kathmandu Post
Kathmandu, Nepal
Sunday, August 9, 2015
Bundesbank hasn't secured Germany's gold, repatriation campaign leader says
Submitted by cpowell on Sun, 2015-08-09 19:38 Section: Daily Dispatches7:38p ET Sunday, August 9, 2015
Dear Friend of GATA and Gold:
Alasdair Macleod: Gibson's paradox -- the consequences
Submitted by cpowell on Sun, 2015-08-09 11:49 Section: Daily Dispatches11:51a Sunday, August 9, 2015
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod has revisited the old correlation in economics between the general price level and interest rates, "Gibson's paradox," which economists long debated, or at least did before it seemed to break down in recent decades.