Daily Dispatches

China's 'tapering' counts more than Fed's, Kaye tells KWN

Submitted by cpowell on Wed, 2013-10-23 03:09 Section: Daily Dispatches

2:05p ICT Wednesday, October 23, 2013

Dear Friend of GATA and Gold:

Read more about China's 'tapering' counts more than Fed's, Kaye tells KWN

Jim Sinclair plans next seminar in Kissimmee, Florida

Submitted by cpowell on Wed, 2013-10-23 02:59 Section: Daily Dispatches

2p ICT Wednesday, October 23, 2013

Dear Friend of GATA and Gold:

Gold mining entrepreneur and gold advocate Jim Sinclair plans to hold his next financial seminar in Kissimmee, Florida, near Orlando, on Saturday, November 2. Details can be found at his Internet site, JSMineSet, here:

http://www.jsmineset.com/2013/10/22/florida-qa-session-announced/

CHRIS POWELL, Secretary/Treasurer

Read more about Jim Sinclair plans next seminar in Kissimmee, Florida

Tocqueville's Hathaway links ETF gold outflows with exports to Asia

Submitted by cpowell on Tue, 2013-10-22 22:52 Section: Daily Dispatches

9:47a ICT Wednesday, October 23, 2013

Dear Friend of GATA and Gold:

In commentary posted at King World News, Tocqueville Gold Fund manager John Hathaway joins those correlating the depletion of metal in exchange-traded gold fund accounts with the flow of Western gold to Asia. Hathaway sees the gold market as being ready for a major advance. His commentary is posted at KWN here:

Read more about Tocqueville's Hathaway links ETF gold outflows with exports to Asia

World Gold Council consistently understates gold demand, Sprott charges

Submitted by cpowell on Tue, 2013-10-22 22:33 Section: Daily Dispatches

9:30a ICT Wednesday, October 23, 2013

Dear Friend of GATA and Gold:

Gold demand statistics reported by the World Gold Council "consistently misrepresent reality" by understating metal flowing to Asia, Sprott Asset Management CEO Eric Sprott charges this week in an open letter to the council.

Read more about World Gold Council consistently understates gold demand, Sprott charges

Talk shifts away from 'tapering' and toward increased bond buying

Submitted by cpowell on Tue, 2013-10-22 22:02 Section: Daily Dispatches

Fed Likely to Delay Taper After Disappointing US Jobs Data

By Katherine Rushton
The Telegraph, London
Tuesday, October 22, 2013

http://www.telegraph.co.uk/finance/economics/10396946/Fed-likely-to-dela...

Read more about Talk shifts away from 'tapering' and toward increased bond buying

China makes renminbi-trading agreement with Singapore

Submitted by cpowell on Tue, 2013-10-22 21:37 Section: Daily Dispatches

By Jeremy Grant and Josh Noble
Financial Times, London
Tuesday, October 22, 2013

http://www.ft.com/intl/cms/s/0/f3fe0f00-3ae8-11e3-87fa-00144feab7de.html

China is to further internationalise its currency by allowing Singapore-based investors to buy renminbi-denominated securities, paving the way for direct trading between the two countries' currencies.