Daily Dispatches

Central banks are boosting their gold reserves

Submitted by cpowell on Thu, 2015-02-12 00:46 Section: Daily Dispatches

"The government doesn't care about gold. ... They don't care about its price." -- Doug Casey, February 11, 2015.

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By Eddie Van Der Walt and Nicholas Larkin
Bloomberg News
Thursday, February 12, 2015

LONDON -- Central banks purchased enough gold in 2014 to buy 75 Boeing Co. Dreamliners.

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Doug Casey's omniscience vs. the many records of gold price suppression

Submitted by cpowell on Wed, 2015-02-11 16:07 Section: Daily Dispatches

4:19p ET Wednesday, February 11, 2015

Dear Friend of GATA and Gold:

Doug Casey, founder of Casey Research, may be admired for his omniscience anyway. In an interview today with Dan Steinhart of The Casey Report --

http://www.caseyresearch.com/cdd/doug-casey-on-isis-gold-oil-and-what-to...

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Gold miners are on the hunt for assets as prices climb

Submitted by cpowell on Wed, 2015-02-11 13:40 Section: Daily Dispatches

By Jesse Riseborough, Kevin Crowley, Thomas Biesheuvel
Bloomberg News
Wednesday, February 11, 2015

Gold producers with cash on hand are on the hunt for cheap mining assets as rising prices drive shares higher.

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Swiss bank says investors favor gold amid charges on cash

Submitted by cpowell on Wed, 2015-02-11 13:37 Section: Daily Dispatches

By Giles Broom
Bloomberg News
Wednesday, February 11, 2015

GENEVA, Switzerland -- Investors are buying more gold as an alternative to hold Swiss franc cash deposits, according Vontobel Holding AG, a Swiss bank and wealth manager.

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New York Sun: Richard Fisher's next job?

Submitted by cpowell on Wed, 2015-02-11 10:46 Section: Daily Dispatches

From the New York Sun
Wednesday, February 11, 2015

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In Canada too, clamor for the banks to get out of the governing business

Submitted by cpowell on Tue, 2015-02-10 22:32 Section: Daily Dispatches

10:53p ET Tuesday, February 10, 2015

Dear Friend of GATA and Gold:

What's left of Canada's Social Credit movement has brought a lawsuit challenging the operation of the country's monetary and banking systems, and apparently the powers that be are having a hard time getting the lawsuit dismissed.

Read more about In Canada too, clamor for the banks to get out of the governing business

Low gold price causes Kinross to shelve expansion of African mine

Submitted by cpowell on Tue, 2015-02-10 20:28 Section: Daily Dispatches

Kinross Decides Not to Expand Tasiast Gold Mine in Africa

By Nicole Mordant
Reuters
Tuesday, February 10, 2015

VANCOUVER, British Columbia, Canada -- Kinross Gold Corp. will not go ahead with a $1.6 billion expansion of its Tasiast mine in Africa's northwest because of the weak gold price, the Toronto-based miner said today as it reported an unexpected fourth-quarter loss.