You are here
Daily Dispatches
Hugo Salinas Price: Fiat money and independence for Scotland
Submitted by cpowell on Fri, 2014-09-12 13:09 Section: Daily Dispatches1:05p ET Friday, September 12, 2014
Dear Friend of GATA and Gold:
Fiat currency is a cause of national separatism, currency wars, and social division between rich and poor, Hugo Salinas Price of the Mexican Civic Association for Silver writes this week in commentary headlined "Fiat Money and Independence for Scotland," posted at the association's Internet site, Plata.com, here.
Alasdair Macleod: Dollar 'strength' may be only deflationary collapse
Submitted by cpowell on Fri, 2014-09-12 11:38 Section: Daily Dispatches11:33a ET Friday, September 12, 2014
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes today than the U.S. dollar's recent strength may be less an indication of economic recovery in the United States than of a deflationary collapse of the world economy:
http://www.goldmoney.com/research/analysis/currency-turbulence?gmrefcode...
Gene Arensberg: Gold shorting could reverse violently
Submitted by cpowell on Fri, 2014-09-12 11:10 Section: Daily Dispatches11:09a ET Friday, September 12, 2014
Dear Friend of GATA and Gold:
The Got Gold Report's Gene Arensberg writes today that there is a lot of opportunistic shorting going on in gold and when it reverses it may do so violently. His commentary is headlined "Speculator 'Insurance Shorts' and Swap Dealer Shorts Likely to Spark a Counter Rally in Gold" and it's posted at the GGR here:
Koos Jansen: India's gold imports for June were highest in 12 months
Submitted by cpowell on Fri, 2014-09-12 10:34 Section: Daily Dispatches10:35a ET Friday, September 12, 2014
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that India's official gold imports for June were the highest in 12 months, which seems to contrast strangely with the Reuters report from a few hours ago that India may be falling out of love with gold:
No risk in fixed deposits? Tell it to Cyprus!
Submitted by cpowell on Thu, 2014-09-11 21:57 Section: Daily DispatchesIndia's Love Affair with Gold May Be Over as Prices Slide
By Rajendra Jadhav and Indulal PM
Reuters
Friday, September 12, 2014
VANGAL, India -- Kiran Laxman Salunkhe used to buy jewellery during religious festivals, but sliding gold prices have led the young Indian farmer to break with his family's traditional investment.
U.S. to sanction Sberbank, tighten limits on other Russian banks, sources tell Reuters
Submitted by cpowell on Thu, 2014-09-11 17:17 Section: Daily DispatchesBy Arshad Mohammed
Reuters
Thursday, September 11, 2014
WASHINGTON -- The United States will take new steps on Friday to limit the access of major Russian banks, including Sberbank, to U.S. debt and equity markets to punish Russia for its intervention in Ukraine, sources familiar with the matter said.
The Bank of England has already issued a dozen certificates for this gold
Submitted by cpowell on Thu, 2014-09-11 16:58 Section: Daily DispatchesGold Engagement Ring from 17th Century Discovered in Field by Pensioner
By Sophie Jane Evans
Daily Mail, London
Wednesday, September 10, 2014
http://www.dailymail.co.uk/news/article-2750977/Gold-engagement-ring-17t...
TF Metals Report: Watching the flows
Submitted by cpowell on Thu, 2014-09-11 10:26 Section: Daily Dispatches10:25a ET Thursday, September 11, 2014
Dear Friend of GATA and Gold:
Weak hands have been shaken out of gold, Butler and Skoyles contend
Submitted by cpowell on Wed, 2014-09-10 14:31 Section: Daily Dispatches2:30p ET Wednesday, September 10, 2014
Dear Friend of GATA and Gold:
Russia and China agree to settle more trade in their own currencies
Submitted by cpowell on Wed, 2014-09-10 14:12 Section: Daily DispatchesBy Chen Aizhu
Reuters
Tuesday, September 9, 2014
BEIJING -- Russia and China pledged on Tuesday to settle more bilateral trade in ruble and yuan and to enhance cooperation between banks, First Deputy Prime Minister Igor Shuvalov said, as Moscow seeks to cushion the effects of Western economic sanctions.