Daily Dispatches

Note ban seen shaving a third of India's gold demand in 2017

Section:

By Rejesh Bhayani
Business Standard, New Delhi
Saturday, December 31, 2016

Demonetization is expected to shave 300 tonnes off India's gold demand, which is unlikely to come back in a hurry.

India discounts widen, China premiums narrow on sluggish demand

Section:

By Rajendra Jadhav and Apeksha Nair
Reuters
Friday, December 30, 2016

Gold discounts in India widened this week as a rebound in global prices prompted buyers to postpone purchases amid a severe cash crunch, while demand across Asia remained subdued.

U.S. dollar's share of global currency reserves slips in third quarter

Section:

By Jason Lange
Reuters
Friday, December 30, 2016

The U.S. dollar's share of currency reserves reported to the International Monetary Fund slipped in the third quarter of 2016 to its lowest level in two years, data from the IMF showed today.

Currency revocation seems unlikely to generate windfall for Indian government

Section:

Indians Rush to Exchange Cash Ahead of Deadline

Demonetisation Has Seen More Money Returned to the System than Originally Expected

By Kiran Stacey
Financial Times, London
Friday, December 30, 2016

https://www.ft.com/content/699c0d30-ce56-11e6-864f-20dcb35cede2

A tally of Iran sanctions relief includes more than $10 billion in cash, gold

Section:

By Carole E. Lee and Jay Solomon
The Wall Street Journal
Friday, December 30, 2016

WASHINGTON -- In the three years since a preliminary nuclear deal was struck with Iran, Tehran has received more than $10 billion in sanctions relief from around the world in the form of cash and gold, according to current and former U.S. officials.

GATA plans important disclosure Saturday

Section:

10:16a ET Friday, December 30, 2016

Dear Friend of GATA and Gold:

On Saturday GATA expects to make an important disclosure about central bank gold reserves and the gold market.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org



ADVERTISEMENT

Market Analyst Fabrice Taylor Expects K92 Shares to Rise

Alasdair Macleod: Drifting into fascism

Section:

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, December 29, 2016

Most people regard governments and their central banks as forces for the good. Financial crises and suchlike are therefore blamed on capitalism, and people believe our leaders do their best to pick up the pieces from market failures, because they are elected to promote the public good.

Avery Goodman: JPM's gold buy hints at changes in world financial system

Section:

8a ET Friday, December 30, 2016

Dear Friend of GATA and Gold:

Getting gold back into the system with a market-based interest rate on gold

Section:

By Valentin Schmid
The Epoch Times, New York
Thursday, December 29, 2016

There are people who think the financial system based on the dollar will collapse sooner rather than later. For this event, they are hoarding gold, silver, and sometimes guns and canned food.

Gold lures investors worried about trade wars and Trump tweets

Section:

By Eddie Van Der Walt, Luzi-Ann Javier, and Ranjeetha Pakiam
Bloomberg News
Thursday, December 29, 2016

The Donald J. Trump era is marking a new age for gold as an investor safe haven.

Syndicate content