Times of India celebrates central bank's buying gold, selling treasuries

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Rising Gold Price Vindicates RBI's Investment Plan

By Gayatri Nayak
The Times of India, Mumbai
Monday, November 12, 2018

MUMBAI -- The Reserve Bank of India's gold purchase plan seems to be paying off as the monthly valuation gains have touched an eight-month high with investor demand for a safe haven rallying the yellow metal.

French president says euro is not yet an alternative to U.S. dollar

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By Geraldine Amiel and Helene Fouquet
Bloomberg News
Sunday, November 11, 2018

French President Emmanuel Macron said that the euro is not "a clear alternative" to the dollar thanks to the U.S. currency's international "strengths."

GoldCore seeks to capitalize on Brexit with Dublin gold vault

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From Reuters
Tuesday, November 13, 2018

Gold broker and storage company GoldCore said today it had opened a gold vault in Dublin, aiming to attract investors looking for an alternative to London after Brexit.

Dublin-based GoldCore, which set up the facility in partnership with security firm Loomis International, said it was Ireland's first institutional-grade vault.

Mining shares have never been cheaper relative to metal, GATA chairman says

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11:59a ET Tuesday, November 13, 2018

Dear Friend of GATA and Gold:

Long-deposed monarchs' money is still good

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6:05p ET Monday, November 12, 2018

Dear Friend of GATA and Gold:

Coin and bullion dealer USAGold's November News & Views letter has been posted, with reports on central bank gold demand, record bullion bank short positions in the monetary metals, gold price predictions, and an insightful quotation from Confucius:

http://www.usagold.com/publications/NewsViewsNoVbr2018.html

Banque de France wants Paris to compete with London for gold trade

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Macron Tries to Take UK's Gold Crown as Historic Rivalry Is Reborn

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, November 11, 2018

https://www.telegraph.co.uk/business/2018/11/11/macron-takes-aim-london-...

Gold confiscation is an urgent threat, Greyerz tells KWN

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9:32p ET Sunday, November 11, 2018

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, notes that gold confiscation is not a "barbarous relic" of history but an urgent threat to gold investors, what with the Bank of England refusing to repatriate Venezuela's gold.

... Dispatch continues below ...


BMG's Brandon White: Confession by ex-Morgan trader vindicates GATA

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9:41p Friday, November 9, 2018

Dear Friend of GATA and Gold:

Brandon White of bullion dealer BMG in Canada, commenting in his "This Week in 3 Minutes" video, remarks that this week's confession to gold and silver market rigging by a former trader for JPMorganChase --

http://www.gata.org/node/18598

-- is vindication for GATA.

Deutsche, other bullion banks seeking insurance with physical gold, Maguire tells KWN

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12:07p ET Friday, November 9, 2018

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, interviewed today by King World News, says Deutsche Bank and other bullion banks are buying large amounts of physical gold in pursuit of insurance against the bursting of market bubbles that were inflated in part by shorting gold. Maguire's interview is excerpted at KWN here:

With BIS intervention rising sharply in October, gold price stalled

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By Robert Lambourne
Friday, November 9, 2018

After falling in August and September, intervention in the gold market by the Bank for International Settlements via gold swaps increased substantially in October, according to the bank's monthly statement of account, published this week:

https://www.bis.org/banking/balsheet/statofacc181031.pdf