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Daily Dispatches
New York Fed's gold vaults' depositors and metal have been declining steadily
Submitted by cpowell on Mon, 2015-01-26 00:22 Section: Daily Dispatches12:20a ET Monday, January 26, 2015
Dear Friend of GATA and Gold:
Thailand bourse gearing up for gold exchange
Submitted by cpowell on Sun, 2015-01-25 23:03 Section: Daily DispatchesBy Nuntawun Polkuamdee
Bangkok Post, Thailand
Monday, January 26, 2015
The Stock Exchange of Thailand is gearing up for the establishment of the country's first physical gold exchange after major gold dealers agreed to become members of the new spot gold exchange.
CME starts gold futures in Hong Kong in price-benchmark rivalry
Submitted by cpowell on Sun, 2015-01-25 22:58 Section: Daily DispatchesBy Glenys Sim
Bloomberg News
Sunday, January 25, 2015
CME Group Inc. started physically delivered kilobar gold futures in Hong Kong as it joins a slew of other exchanges vying to establish new price benchmarks in the biggest consuming region.
Precious metals coveted once more as Draghi acts
Submitted by cpowell on Sun, 2015-01-25 22:54 Section: Daily DispatchesBy Luzi Ann Javier
Bloomberg News
Sunday, January 25, 2015
Investors' desire for precious metals is deepening after Mario Draghi's $1.3 trillion pledge drove gold to a five-month high and silver to the brink of a bull market.
Financial Times begins to wonder if central banking is even crazier than gold
Submitted by cpowell on Sun, 2015-01-25 22:46 Section: Daily Dispatches"Unconventional central bank policies have thoroughly distorted markets."
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Lenin's Despised Gold Becomes the Ultimate Hedge
By John Plender
Financial Times, London
Sunday, January 25, 2015
http://www.ft.com/intl/cms/s/0/6a4655a6-a0c7-11e4-8ad8-00144feab7de.html
Mike Kosares: Gold spike in major currencies is a remarkable start to 2015
Submitted by cpowell on Sat, 2015-01-24 16:06 Section: Daily DispatchesBy Michael J. Kosares
USAGold.com, Denver
Saturday, January 24, 2015
The new year has ushered in a remarkable and unexpected turn of events for gold. It is up significantly in four of the seven top currencies (the euro, British pound, and Australian and Canadian dollars), up respectably in two others (U.S. dollar and Japanese yen), and down slightly in the last (Swiss franc).
Koos Jansen: Amazingly heavy withdrawals from Shanghai Gold Exchange
Submitted by cpowell on Sat, 2015-01-24 15:08 Section: Daily Dispatches3:05p ET Saturday, January 24, 2015
Dear Friend of GATA and Gold:
First commercial gold mine planned in Scotland
Submitted by cpowell on Sat, 2015-01-24 14:16 Section: Daily DispatchesScots Village of Tyndrum Is Braced to Become Modern Klondike as L200 Million of Gold Is Discovered in Hills
By David Taylor
The Daily Record, Glasgow, Scotland
Friday, January 23, 2015
A tiny Scots village is bracing itself for a gold rush after L200 million of the precious metal was discovered in its hills.
Currency turbulence is destructive, will push people toward monetary metals, Sprott says
Submitted by cpowell on Sat, 2015-01-24 10:51 Section: Daily Dispatches10:50a ET Saturday, January 24, 2015
Dear Friend of GATA and Gold:
Turbulence in currencies is destructive and will push people toward the monetary metals, Sprott Asset Management founder Eric Sprott remarks in his weekly interview with Geoff Rutherford of Sprott Money News. The interview is nine minutes long and can be heard at the Sprott Money Internet site here:
U.S. Treasury's Lew backs strong dollar, points to improved economy
Submitted by cpowell on Fri, 2015-01-23 13:48 Section: Daily DispatchesBy Jason Lange
Reuters
Friday, January 23, 2015
U.S. Treasury Secretary Jack Lew said today a strong U.S. dollar was good for America and that the robust performance of the U.S. economy was driving movements in currency markets.
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