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Daily Dispatches
Digital currency is Ecuador's scheme to increase money supply
Submitted by cpowell on Sat, 2014-08-30 21:27 Section: Daily DispatchesEcuador to be First Country to Issue Its Own Digital Currency
From The Associated Press
via South China Morning Post, Hong Kong
Friday, August 29, 2014
http://www.scmp.com/news/world/article/1581896/ecuador-set-be-first-coun...
Alasdair Macleod: The wages-fuel-demand fallacy
Submitted by cpowell on Fri, 2014-08-29 12:09 Section: Daily Dispatches12:05p ET Friday, August 29, 2014
Dear Friend of GATA and Gold:
Currency debasement, GoldMoney research director Alasdair Macleod argues today, can't succeed as economic stimulus because it only impoverishes people. Macleod's commentary is headlined "The Wages-Fuel-Demand Fallacy" and it's posted at GoldMoney here:
Koos Jansen: Precious metals markets -- China vs. U.S.
Submitted by cpowell on Fri, 2014-08-29 11:56 Section: Daily Dispatches11:55a ET Friday, August 28, 2014
Dear Friend of GATA and Gold:
GoldCore: Referendum on Swiss gold would repatriate it from UK, Canada
Submitted by cpowell on Thu, 2014-08-28 16:10 Section: Daily Dispatches4:10p ET Thursday, August 28, 2014
Dear Friend of GATA and Gold:
GoldCore's daily commentary today remarks on the impending gold repatriation referendum in Switzerland and notes that much Swiss gold is vaulted at the Bank of England in London and the Bank of Canada in Ottawa, the latter bank vaulting gold for three other nations as well:
Natural law and economic law are with gold, but laws no longer apply
Submitted by cpowell on Thu, 2014-08-28 11:42 Section: Daily Dispatches11:57a ET Thursday, August 28, 2014
Dear Friend of GATA and Gold:
Gold Switzerland interview: Alasdair Macleod on the reasons for owning gold
Submitted by cpowell on Wed, 2014-08-27 22:46 Section: Daily Dispatches10:46p ET Wednesday, August 27, 2014
Dear Friend of GATA and Gold:
FT still can only hint at market rigging by central banks
Submitted by cpowell on Wed, 2014-08-27 11:49 Section: Daily Dispatches11:49p ET Wednesday, August 27, 2014
Dear Friend of GATA and Gold:
In the conclusion of a series of articles about "asset bubbles," today's Financial Times shows that it is fully aware of market manipulation by central banks but still can't bring itself to put those words together in the same sentence, nor to mention gold in that context.
London Metal Exchange dismissed from U.S. price-fixing lawsuits
Submitted by cpowell on Wed, 2014-08-27 08:21 Section: Daily DispatchesBy Jonathan Stempel
Reuters
Tuesday, August 26, 2014
NEW YORK -- A judge has dismissed London Metal Exchange Ltd as a defendant from U.S. antitrust litigation accusing banks and commodity companies of conspiring to drive up aluminum prices by restricting supply, hurting manufacturers and purchasers.
Koos Jansen: Comparison of Chinese silver price is complicated by 17% tax
Submitted by cpowell on Wed, 2014-08-27 08:16 Section: Daily Dispatches8:17a ET Wednesday, August 27, 2014
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that silver prices reported from Shanghai have been including a 17-percent sales tax, complicating their comparison to prices outside the country. Jansen writes that he'll be investigating this subject. His commentary is posted at Bullion Star here:
Leeb suspects a Chinese 'put' under the gold price
Submitted by cpowell on Tue, 2014-08-26 17:24 Section: Daily Dispatches5:22p ET Tuesday, August 26, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News today that he thinks China again has placed a "put" under the gold price:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/8/26_Ex...
CHRIS POWELL, Secretary/Treasurer
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