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Daily Dispatches

We GATA move these DVDs, posters, and T-shirts

Section: Daily Dispatches

3:34p ET Sunday, January 24, 2016

We gotta install microwave ovens,
Custom kitchen deliveries.
We gotta move these refrigerators.
We gotta move these color TVs.

https://www.youtube.com/watch?v=lAD6Obi7Cag

Dear Friend of GATA and Gold:

Currency reset is more likely than China to goose the gold price

Section: Daily Dispatches

12:21p ET Sunday, January 24, 2016

Dear Friend of GATA and Gold:

GATA's friend R.B. sends a note that may be paraphrased this way:

Having helped cripple Suriname, IMF swoops down to mortgage the country

Section: Daily Dispatches

4:51p ET Saturday, January 23, 2016

Dear Friend of GATA and Gold:

Having helped to cripple the economy of the gold- and commodity-producing South American country of Suriname, the International Monetary Fund is on the way there to put a mortgage on the little multi-racial democracy's vastly undervalued natural resources.

Ambrose Evans-Pritchard: China's banking stress looms like Banquo's Ghost in Davos

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Saturday, January 23, 2016

Bad debts in the Chinese banking system are four or five times higher than officially admitted and pose a mounting risk to the country's financial stability, the world's leading expert on debt has warned.

Indian government's gold scheme paperizes 9/10ths of a tonne of gold

Section: Daily Dispatches

Just 22,999 more to go.

* * *

By the Indo-Asian News Service
via The Times of India, Mumbai
Saturday, January 23, 2016

http://timesofindia.indiatimes.com/business/india-business/More-than-900...

LME said to be in talks with banks to list London gold contracts

Section: Daily Dispatches

By Eddie van der Walt and Agnieszka De Sousa
Bloomberg News
Friday, January 22, 2016

The London Metal Exchange is in talks with the World Gold Council and five banks about the possibility of introducing futures contracts on gold and standardized central clearing, according to two people familiar with the matter.

Saudi Arabia's secret holdings of U.S. debt are suddenly a big deal

Section: Daily Dispatches

By Andrea Wong and Liz McCormick
Bloomberg News
Friday, January 22, 2016

It's a secret of the vast U.S. Treasury market, a holdover from an age of oil shortages and mighty petrodollars: Just how much of America's debt does Saudi Arabia own?

Indian gold paperization scheme is failing so govt. boosts subsidy to banks

Section: Daily Dispatches

Banks to Get Commission for Unlocking Household Gold, RBI Says

By Rajendra Jadhav
Reuters
Friday, January 22, 2016

MUMBAI -- The government will pay banks a 2.5 percent commission to unlock the country's massive stash of gold under a new monetization scheme, the Reserve Bank of India said, as the ambitious plan received a poor response from banks and customers.

Alasdair Macleod: Out of the mouths of babes. ...

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, January 21, 2016

Parents will tell you the most difficult questions to answer sometimes come from their children.

China vice president vows to 'look after' stock market investors

Section: Daily Dispatches

By John Micklethwait and John Fraher
Bloomberg News
Thursday, January 21, 2016

China is willing to keep intervening in the stock market to make sure that a few speculators don't benefit at the expense of regular investors, China's vice president said in an interview.

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