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Daily Dispatches
Saudis told to prop up currency amid global devaluation war fears
Submitted by cpowell on Sun, 2016-01-10 11:45 Section: Daily DispatchesBy Mehreen Khan
The Telegraph, London
Sunday, January 10, 2016
Saudi Arabia should use its massive foreign exchange reserves to defend the riyal amid fears the world is descending into a new phase of global currency wars, the World Bank has said.
Brookings Institution posts GATA secretary's questions to Bernanke
Submitted by cpowell on Sat, 2016-01-09 20:15 Section: Daily Dispatches8:10p Saturday, January 9, 2016
Dear Friend of GATA and Gold:
TF Metals Report: Another 'conspiracy theory' becomes conspiracy fact
Submitted by cpowell on Sat, 2016-01-09 20:02 Section: Daily Dispatches8p ET Saturday, January 9, 2016
Dear Friend of GATA and Gold:
OMG -- FT prints something hopeful about gold, if for the wrong reason
Submitted by cpowell on Fri, 2016-01-08 17:24 Section: Daily DispatchesBut yes, most gold-mining executives are indeed "blithering idiots."
* * *
Golden Opportunity? The Capital Cycle Is Turning
Merryn Somerset Webb
Financial Times, London
Friday, January 8, 2016
http://www.ft.com/intl/cms/s/0/c38b6b8c-b5f3-11e5-b147-e5e5bba42e51.html
China faces currency issues beyond US dollar
Submitted by cpowell on Fri, 2016-01-08 15:56 Section: Daily DispatchesBy Roger Blitz
Financial Times, London
Friday, January 8, 2016
The renminbi's steep fall against the dollar, which has caused investors so much mayhem, has obscured its relative strength against the currencies of some of China's trading partners.
China's ICBC Standard Bank buys Deutsche's London bullion vault: Reuters
Submitted by cpowell on Fri, 2016-01-08 13:25 Section: Daily DispatchesBy Clara Denina
Reuters
Friday, January 8, 2016
LONDON -- ICBC Standard Bank is buying the lease on Deutsche Bank's London gold and silver vault, enlarging its footprint in the city's bullion market, four industry sources close to the companies said on Friday.
Bernanke avoids exchange about the dollar's decisive advantage
Submitted by cpowell on Fri, 2016-01-08 12:36 Section: Daily Dispatches12:41p ET Friday, January 8, 2016
Dear Friend of GATA and Gold:
Alasdair Macleod: Gold in 2016
Submitted by cpowell on Thu, 2016-01-07 14:04 Section: Daily Dispatches2p ET Thursday, January 7, 2016
Dear Friend of GATA and Gold:
Comex gold inventories don't matter as much as central bank inventories do
Submitted by cpowell on Wed, 2016-01-06 10:37 Section: Daily Dispatches10:42a ET Wednesday, January 6, 2016
Dear Friend of GATA and Gold:
Turk's charts show gold and silver competing well against national currencies
Submitted by cpowell on Tue, 2016-01-05 12:22 Section: Daily Dispatches12:20p ET Tuesday, January 5, 2016
Dear Friend of GATA and Gold:
GoldMoney founder James Turk today gives King World News charts of the performance of gold and silver from 2001 through 2015 in a dozen national currencies, concluding that the monetary metals have actually done pretty well. Turk's analysis is posted at KWN here:
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