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Daily Dispatches
We GATA move these DVDs, posters, and T-shirts
Submitted by cpowell on Sun, 2016-01-24 15:28 Section: Daily Dispatches3:34p 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
Submitted by cpowell on Sun, 2016-01-24 12:14 Section: Daily Dispatches12:21p 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
Submitted by cpowell on Sat, 2016-01-23 16:39 Section: Daily Dispatches4:51p 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
Submitted by cpowell on Sat, 2016-01-23 15:41 Section: Daily DispatchesBy 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
Submitted by cpowell on Sat, 2016-01-23 15:28 Section: Daily DispatchesJust 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
Submitted by cpowell on Fri, 2016-01-22 13:57 Section: Daily DispatchesBy 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
Submitted by cpowell on Fri, 2016-01-22 08:37 Section: Daily DispatchesBy 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
Submitted by cpowell on Fri, 2016-01-22 08:29 Section: Daily DispatchesBanks 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. ...
Submitted by cpowell on Thu, 2016-01-21 14:59 Section: Daily DispatchesBy 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
Submitted by cpowell on Thu, 2016-01-21 14:42 Section: Daily DispatchesBy 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.