Daily Dispatches

Indian central bank pressing for more limits on gold imports

Section:

By Manoj Kumar
Reuters
Mnoday, November 17, 2014

The Reserve Bank of India is in talks with the government for a decision on increasing curbs on gold imports, RBI Deputy Governor S.S. Mundra said on Monday.

The RBI deputy also said attention needed to be paid to the surge in gold imports at a briefing with reporters in the capital. ...

... For the remainder of the report:

ECB official says central bank could buy gold to boost inflation

Section:

ECB Could Buy Gold to Revive Economy

By Peter Spence
The Telegraph, London
Monday, November 17, 2014

Gold, shares, and exchange-traded funds -- the European Central Bank (ECB) may turn to buying any or all of these in an attempt to boost inflation in the currency bloc.

Four key observations from the Deutsche Bank report on the Swiss Gold Initiative

Section:

7p ET Sunday, November 16, 2014

Dear Friend of GATA and Gold:

A full copy of last week's Deutsche Bank report on the Swiss Gold Initiative, provided by GATA consultant R.M., conveys these four major points:

Low gold prices set off buying surge in UAE

Section:

By Manoj Nair
Gulf News, Dubai, United Arab Emirates
Sunday, November 16, 2014

Swiss National Bank chairman forswears 'tricks' to circumvent gold referendum

Section:

SNB Head Says No Sovereign Fund for Gold if Referendum Passes

By Katharina Bart
Reuters
Sunday, November 16, 2014

ZURICH, Switzerland -- The chairman of the Swiss central bank ruled out creating a sovereign wealth fund to manage Switzerland's gold reserves if a referendum on banning the bank from selling them passes, according to a newspaper interview published on Sunday.

Koos Jansen: Who's feeding China's gold hunger?

Section:

9:29p ET Saturday, November 15, 2014

Dear Friend of GATA and Gold:

Turk says mining shares have never been been cheaper, mining executives are clueless

Section:

1:45p ET Saturday, November 15, 2014

Dear Friend of GATA and Gold:

In an hour-long interview with the TF Metals Report's Turd Ferguson, GoldMoney founder and GATA consultant James Turk says, among other things:

-- Shares of monetary metals mining companies have never been cheaper.

Swiss central bank could nullify gold initiative with overnight gold swaps

Section:

12:58p ET Saturday, November 15, 2014

Dear Friend of GATA and Gold:

Zero Hedge reports today that a market analyst for Deutsche Bank has figured out an easy way for the Swiss National Bank to nullify the Swiss Gold Initiative if it is approved at Switzerland's national referendum on November 30.

Iran said to open refinery as 'resistance,' doubling annual gold production

Section:

From The Associated Press
via ABC News, New York
Saturday, November 15, 2014

http://abcnews.go.com/International/wireStory/report-iran-opens-gold-pla...

Iranian state television is reporting that the country has inaugurated a new gold-processing plant that will double the country's annual production to 6 tons.

Confidence in central banks is fading and markets will rediscover gold, Stockman says

Section:

10:28p ET Friday, November 14, 2014

Dear Friend of GATA and Gold:

Former U.S. budget director David Stockman tells King World News tonight that central banks are losing the confidence of the markets and eventually the markets will rediscover a currency more reliable than anything printed by central banks -- gold. An excerpt from the interview is posted at the KWN blog here:

Syndicate content