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Daily Dispatches
Asian market hubs move into gold
Submitted by cpowell on Sun, 2014-10-12 18:32 Section: Daily DispatchesAsian Market Hubs Move Into Gold
Demand From Region Is World's Largest but Most Trading Is in West
By Biman Mukherji and Ese Erhereine
The Wall Street Journal
via EIN News, Washington
Sunday, October 12, 2014
Asians buy most of the world's gold, but nearly all of it trades in London. Now, with Western investors souring on the metal, the region is making a bid for some of the action.
China gold market researcher Koos Jansen interviewed by TF Metals Report
Submitted by cpowell on Sun, 2014-10-12 12:05 Section: Daily Dispatches12:02p ET Sunday, October 12, 2014
Dear Friend of GATA and Gold:
Draghi says growing ECB balance sheet is last stimulus tool left
Submitted by cpowell on Sun, 2014-10-12 09:35 Section: Daily DispatchesBy Stefan Riecher and Scott Hamilton
Bloomberg News
Saturday, October 11, 2014
WASHINGTON -- European Central Bank President Mario Draghi said expanding the bank's balance sheet is the last monetary tool left to revive inflation, although there is no target for how much it might be increased.
China's Zhou says some countries already use yuan in reserves
Submitted by cpowell on Sat, 2014-10-11 18:11 Section: Daily DispatchesBy Belinda Cao
Bloomberg News
Saturday, October 11, 2014
WASHINGTON -- Some countries are already using the Chinese yuan in their foreign-currency reserves without announcing it, China central bank governor Zhou Xiaochuan said.
Banks accept derivatives rule change to end 'too big to fail' scenario
Submitted by cpowell on Sat, 2014-10-11 18:07 Section: Daily DispatchesBy Huw Jones
Reuters
Saturday, October 11, 2014
LONDON -- The $700 trillion financial derivatives industry has agreed to a fundamental rule change from January to help regulators to wind down failed banks without destabilising markets.
China now takes nearly all world gold production, Shanghai exchange chief confirms
Submitted by cpowell on Sat, 2014-10-11 13:55 Section: Daily Dispatches1:56p ET Saturday, October 11, 2014
Dear Friend of GATA and Gold:
China's annual non-government gold consumption has been officially confirmed as having reached 2,000 tonnes, gold researcher and GATA consultant Koos Jansen reports. That figure is close to annual world gold mine production.
Jim Sinclair plans market seminar in San Francisco on Nov. 15
Submitted by cpowell on Sat, 2014-10-11 09:31 Section: Daily Dispatches9:30a ET Saturday, October 11, 2014
Dear Friend of GATA and Gold:
Mining entrepreneur and gold advocate Jim Sinclair will hold his next market seminar from 10 a.m. to 3 p.m. on Saturday, November 15, at the Holiday Inn at San Francisco International Airport in South San Francisco, California. Admission will be $100. For more information and to register, please visit:
TF Metals Report: Swiss National Bank claims credit for resolving crisis, not for causing it
Submitted by cpowell on Sat, 2014-10-11 09:26 Section: Daily Dispatches9:27a ET Saturday, October 11, 2014
Dear Friend of GATA and Gold:
Chinese gold buying picks up after holiday and premiums rise
Submitted by cpowell on Fri, 2014-10-10 11:33 Section: Daily DispatchesFrom Reuters
Friday, October 10, 2014
Buying activity in China's physical gold exchange ticked up this week, indicating retailers in the top consumer of the metal saw good sales during the week-long National Day holiday.
Goldcorp CEO visits Australia and predicts 'peak gold' next year
Submitted by cpowell on Fri, 2014-10-10 08:44 Section: Daily DispatchesBut can there ever be 'peak paper'?
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The Bullion Price Will Rise to Meet 'Peak' Gold Next Year
By Barry FitzGerald
The Australian, Sydney
Friday, October 10, 2014
http://www.theaustralian.com.au/business/the-bullion-price-will-rise-to-...
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