You are here
Daily Dispatches
Koos Jansen: U.S. gold reserve audits weren't serious
Submitted by cpowell on Mon, 2015-02-09 22:24 Section: Daily Dispatches10:25p ET Monday, February 9, 2015
Dear Friend of GATA and Gold:
Bullion Star market analyst and GATA consultant Koos Jansen today begins examining what have been called audits of the U.S. gold reserve and discovers that they really were not serious audits at all. Jansen's analysis is headlined "Second Thoughts on U.S. Official Gold Reserves Audits" and it's posted at Bullion Star here:
New York Sun: Return of the drachma?
Submitted by cpowell on Mon, 2015-02-09 13:08 Section: Daily DispatchesFrom the New York Sun
Monday, February 9, 2015
A Greek exit from the euro is looking more likely to the economist David Malpass, according to the latest cable from the sage of Encima Global. ...
We can't wait. ...
Greece may present us for the first time since the introduction of the euro a crisis of legal tender. ...
U.S. intervention is alienating Western Europe, Faber tells KWN
Submitted by cpowell on Mon, 2015-02-09 13:00 Section: Daily Dispatches1p ET Monday, February 9, 2015
Dear Friend of GATA and Gold:
Financial letter writer Marc Faber today tells King World News that much of the world is tiring of U.S. government intervention all over the place and that it may drive Western Europe out of NATO and into alliance with Russia. An excerpt from the interview is posted at the KWN blog here:
Greek investors buying more gold coins from U.K. Royal Mint
Submitted by cpowell on Mon, 2015-02-09 12:55 Section: Daily DispatchesBy Eddie Van Der Walt
Bloomberg News
Monday, February 9, 2015
LONDON -- Greek demand for gold coins is rising as investors search for a safe haven from the country's political turmoil, according to the U.K. Royal Mint.
TF Metals Report: Banks on the run
Submitted by cpowell on Mon, 2015-02-09 11:00 Section: Daily Dispatches11a ET Monday, February 9, 2015
Dear Friend of GATA and Gold:
U.S. scrutiny of Barclays and UBS widens forex trading probe
Submitted by cpowell on Sun, 2015-02-08 19:24 Section: Daily DispatchesCaroline and Gina Chon
Financial Times, London
Sunday, February 8, 2015
The U.S. Department of Justice is scrutinising currency-linked investments marketed by Barclays and UBS in an indication that the sprawling global probe into the foreign exchange market may become more troubling for banks.
Marcia Christoff-Kurapovna: Is Russia planning a gold-based currency?
Submitted by cpowell on Sat, 2015-02-07 17:57 Section: Daily DispatchesMarcia Christoff-Kurapovna
Mises Institute, Auburn, Alabama
Friday, February 6, 2015
Kosares has 10 gold charts that won't make CNBC; TF reviews futures maneuvers
Submitted by cpowell on Fri, 2015-02-06 16:55 Section: Daily Dispatches4:55p ET Friday, February 6, 2015
Dear Friend of GATA and Gold:
USAGold's Mike Kosares today provides 10 gold price charts that, he confidently predicts, will never be shown on CNBC because they put the monetary metal in a surprisingly favorable light:
Koos Jansen: Shanghai gold offtake in January was 'staggering'
Submitted by cpowell on Fri, 2015-02-06 15:02 Section: Daily Dispatches3p ET Friday, February 6, 2015
Dear Friend of GATA and Gold:
Bullion Star market analyst and GATA consultant Koos Jansen reports today that withdrawals from the Shanghai Gold Exchange in January were a "staggering" 255 tonnes, up 4 percent from last January. Jansen's analysis is posted at Bullion Star here:
Spectacular volatility in currencies means spectacular derivatives losses, Sprott says
Submitted by cpowell on Fri, 2015-02-06 14:11 Section: Daily Dispatches2:10p ET Friday, February 6, 2015
Dear Friend of GATA and Gold:
Fund manager Eric Sprott tells King World News today that the spectacular volatility in currency markets must be causing spectacular losses in derivative instruments that will be defaulted upon. Another financial house collapse may be imminent, Sprott says. His interview is posted at the KWN blog here: