You are here
Daily Dispatches
China plans to launch yuan gold fix by end of this year
Submitted by cpowell on Thu, 2015-06-25 08:28 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, June 25, 2015
SHANGHAI -- China plans to launch a yuan-denominated gold fix by the end of 2015 via the Shanghai Gold Exchange in a move aimed at giving the world's biggest bullion producer and consumer more influence over pricing.
San Diegans shun chance to get $160 silver bar for $10
Submitted by cpowell on Wed, 2015-06-24 16:29 Section: Daily Dispatches4:32p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Political provocateur Mark Dice today posted an amusing video demonstrating the financial ignorance of pedestrians outside a coin shop in San Diego, California, where he tried without success to sell a 10-ounce silver bar for $10, about $150 less than what the shop presumably would have purchased it for.
TF Metals Report: The silver short bubble
Submitted by cpowell on Wed, 2015-06-24 15:48 Section: Daily Dispatches3:45p ET Wednesday, June 24, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today marvels at the record open interest in silver futures on the New York Commodity Exchange, which, he argues, is a "short bubble" about to pop.
Another excuse for U.S. government to keep shorting gold futures
Submitted by cpowell on Wed, 2015-06-24 15:07 Section: Daily DispatchesTerror Group Supporters Reveal Photographs of Gold Coins on Social Media
From the Daily Mail, London
Tuesday, June 23, 2015
ISIS supporters have been showing off the depraved jihadi group's latest propaganda ploy on social media -- the Islamic State's own currency.
Zero Hedge: Gold and silver slammed in mini-flash crash
Submitted by cpowell on Wed, 2015-06-24 10:49 Section: Daily DispatchesFrom Zero Hedge, New York
Wednesday, June 24, 2015
Fifteen minutes after GDP data was released -- showing Q1 was indeed as weak as expected and inventories suggesting Q2 will be just as weak -- someone decided it was an appropriate time to dump over half a billion dollars of notional gold on the futures market. ...
... For the remainder of the report:
New York Sun: The Bernanke ten-spot
Submitted by cpowell on Tue, 2015-06-23 20:35 Section: Daily DispatchesFrom the New York Sun
Tuesday, June 23, 2015
Now he tells us. The former chairman of the Federal Reserve, Ben Bernanke, is claiming in a blog post that he's a huge fan of Alexander Hamilton.
Ronan Manly: London gold fix prior to this year wasn't really so primitive
Submitted by cpowell on Mon, 2015-06-22 23:23 Section: Daily Dispatches11:20p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Ted Butler: The ultimate confirmation
Submitted by cpowell on Mon, 2015-06-22 21:58 Section: Daily Dispatches10:02p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Larry Parks: Free trade is impossible when one side controls trade currency
Submitted by cpowell on Mon, 2015-06-22 13:41 Section: Daily Dispatches1:40p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Free trade is impossible when one side in the transaction has exclusive power to issue the currency in which trade is conducted, Larry Parks, executive director of the Foundation for the Advancement of Monetary Education, writes this week.
India's central bank opposes letting commercial banks count gold as money
Submitted by cpowell on Mon, 2015-06-22 08:51 Section: Daily DispatchesRBI Opposes Finance Ministry Plan to Use Gold Deposits as Bank CRR
From The Times of India, Mumbai
Monday, June 22, 2015
NEW DELHI -- The Centre's attempt at monetising gold lying with Indian households may face a roadblock with the Reserve Bank of India writing to the finance ministry opposing a plan to use gold deposits for bank Cash Reserve Ratios.
Pages
