You are here
Daily Dispatches
European Central Bank contemplates negative rates, purchase of bank assets
Submitted by cpowell on Thu, 2013-11-14 15:39 Section: Daily DispatchesECB's Praet: All Options on Table
By Brian Blackstone
The Wall Street Journal
Wednesday, November 13, 2013
FRANKFURT, Germany -- The European Central Bank could adopt negative interest rates or purchase assets from banks if needed to lift inflation closer to its target, a top ECB official said, rebutting concerns that the central bank is running out of tools or is unwilling to use them.
Central banks know vulnerability of fractional-reserve gold, GATA secretary tells KWN
Submitted by cpowell on Thu, 2013-11-14 15:11 Section: Daily Dispatches2:10p CT Thursday, November 14, 2013
Dear Friend of GATA and Gold:
Bernanke congratulates himself for transparency while Fed hides gold records
Submitted by cpowell on Thu, 2013-11-14 09:45 Section: Daily DispatchesAs retiring Federal Reserve Chairman Ben Bernanke congratulates himself on his administration's supposed transparency, why is the Fed refusing to disclose its records about gold? And why are financial journalists just regurgitating the Fed's public-relations slop instead of demanding to see those records?:
* * *
JPMorgan reaps mostly mockery when it solicits questions on Twitter
Submitted by cpowell on Thu, 2013-11-14 09:18 Section: Daily DispatchesJPMorgan Twitter Hashtag Trends Against Bank
By Dawn Kopecki
Bloomberg News
Thursday, November 14, 2013
http://www.bloomberg.com/news/2013-11-14/jpmorgan-twitter-hashtag-trends...
World Gold Council just shrugs at India's financial repression
Submitted by cpowell on Thu, 2013-11-14 09:07 Section: Daily DispatchesWGC Sees China Well Ahead of India as World's No.1 Gold Consumer
By A. Ananthalakshmi
Reuters
Thursday, November 14, 2013
SINGAPORE -- China is this year set to usurp India as the world's biggest gold consumer by a convincing margin as strict import rules introduced by New Delhi bite, forecasts from the World Gold Council showed on Thursday.
Hugo Salinas Price: The siren song of the welfare state
Submitted by cpowell on Wed, 2013-11-13 18:15 Section: Daily Dispatches5:10p CT Wednesday, November 13, 2013
Dear Friend of GATA and Gold:
Sprott says central banks smashed gold in April to liquidate GLD's metal
Submitted by cpowell on Wed, 2013-11-13 16:15 Section: Daily Dispatches3:30p CT Wednesday, November 13, 2013
Dear Friend of GATA and Gold (and Silver):
Russell's Dow Theory Letter notes GATA's work in New Orleans
Submitted by cpowell on Wed, 2013-11-13 15:41 Section: Daily Dispatches2:42p CT Wednesday, November 13, 2013
Dear Friend of GATA and Gold:
Richard Russell's Dow Theory Letter (http://ww2.dowtheoryletters.com/) sent a deputy to the New Orleans Investment Conference and today took note of your secretary/treasurer's presentation there.
An excerpt from the report:
David Franklin: Vaults are booming -- in Asia
Submitted by cpowell on Wed, 2013-11-13 15:26 Section: Daily Dispatches2:21p CT Wednesday, November 13, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's David Franklin notes today that the great boom in vault construction in Asia suggests that that part of the world is planning a bright future for gold.
Russian legislative proposal would outlaw U.S. dollar
Submitted by cpowell on Wed, 2013-11-13 15:19 Section: Daily DispatchesBy Mark Bennetts
The Washington Times
Wednesday, November 13, 2013
http://www.washingtontimes.com/news/2013/nov/13/bill-would-outlaw-us-dol...
MOSCOW -- Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker submitted a bill to the country's parliament on Wednesday that would ban the use or possession of the American currency.