Daily Dispatches

Bitcoin's supposed creator reported to have tried to buy gold

Submitted by cpowell on Sun, 2015-12-13 11:07 Section: Daily Dispatches

Bitcoin Mystery: Sydney 'Founder' Sold $85 Million in Currency for Gold

By Leo Shanahan
The Australian, Sydney
Monday, December 14, 2015

The Sydney businessman outed as the possible creator of Bitcoin paid almost $85 million worth of the digital currency to a controversial business figure to buy gold in an attempt to build his business, according to a Federal Court claim.

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Bullion dealers, Bombay Stock Exchange agree on India's first physical gold exchange

Submitted by cpowell on Sat, 2015-12-12 20:48 Section: Daily Dispatches

BSE, Bullion Body Sign Agreement to Set Up India's First Physical Gold Exchange

From the Press Trust of India
via Daily News and Analysis, Mumbai
Saturday, December 12, 2015

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Austria celebrates gold repatriation but really isn't coming clean

Submitted by cpowell on Sat, 2015-12-12 20:13 Section: Daily Dispatches

8:15p Saturday, December 12, 2015

Dear Friend of GATA and Gold:

Reporting today that Austria's central bank has produced an explanatory video celebrating its repatriation last week of 15 more tonnes of gold from the Bank of England --

http://www.gata.org/node/16023

-- Zero Hedge contrasts this openness with the secrecy the United States continues to weave around its gold reserves:

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Zero Hedge: China's devaluation plan is warning to Fed against raising rates

Submitted by cpowell on Fri, 2015-12-11 13:28 Section: Daily Dispatches

1:28p ET Friday, December 11, 2015

Dear Friend of GATA and Gold:

Zero Hedge argues today that China's de-pegging its currency, the yuan, from the U.S. dollar and re-pegging it to a basket of recently depreciated currencies foretells a devaluation of the yuan of 15 percent and a dumping of Chinese foreign exchange reserves to control the descent amid capital outflows.

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China signals aim to loosen yuan's peg to dollar and use currency basket instead

Submitted by cpowell on Fri, 2015-12-11 11:58 Section: Daily Dispatches

By Lingling Wei
The Wall Street Journal
Friday, December 11, 2015

BEIJING, China -- China's central bank signaled its intention to change the way it manages the yuan's value by potentially loosening its peg to the U.S. dollar and instead letting it track the currencies of its broader trading partners.

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Austria repatriates 15 tonnes of gold from London

Submitted by cpowell on Fri, 2015-12-11 11:53 Section: Daily Dispatches

From Reuters
Friday, December 11, 2015

VIENNA, Austria -- Austria has repatriated 15 tonnes of its gold reserves as part of a plan to hold half its stock of the precious metal within the country's borders, the Austrian National Bank said today.

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Gold and currency market rigging controls the world, GATA secretary tells Daily Coin

Submitted by cpowell on Thu, 2015-12-10 13:52 Section: Daily Dispatches

1:53p ET Thursday, December 10, 2015

Dear Friend of GATA and Gold:

Read more about Gold and currency market rigging controls the world, GATA secretary tells Daily Coin

China said to delay launch of yuan gold benchmark to April

Submitted by cpowell on Thu, 2015-12-10 13:28 Section: Daily Dispatches

From Reuters
via The Times of India, Mumbai
Thursday, December 10, 2015

SINGAPORE -- China has delayed the launch of its yuan-denominated gold benchmark on the Shanghai Gold Exchange to next year, two sources familiar with the matter said.