Daily Dispatches

Greece scrapes bottom of barrel in hunt for cash to stay afloat

Section:

By Lefteris Papadimas and Deepa Babington
Reuters
Friday, April 17, 2015

ATHENS -- Greece will need to tap all the remaining cash reserves across its public sector -- a total of 2 billion euros ($2.16 billion) -- to pay civil service wages and pensions at the end of the month, according to finance ministry officials.

Mike Kosares: Don't be a Mr. or Mrs. Unicorn

Section:

2:40p ET Thursday, April 16, 2015

Dear Friend of GATA and Gold:

Perpetuating "quantitative easing," USAGold's Mike Kosares writes today, will be inflationary and tend to support the gold price, while ending QE likely will shake the markets and support the gold price as well. Kosares' commentary is headlined "Don't Be a Mr. or Mrs. Unicorn" and it's posted at USAGold here:

Your taxes have nothing to do with the government's need for money

Section:

4:55 ET Wednesday, April 15, 2015

Dear Friend of GATA and Gold:

Record dive recovers $50 million in wartime silver from ocean floor

Section:

From the British Broadcasting Corp., London
Wednesday, April 15, 2015

In the deepest salvage operation in history, a British-led team has recovered a $50 million (L34 million, E47 million) trove of coins that has lain on the seabed since the steamship carrying them from Bombay to England was sunk in 1942.

Asian demand turns Massachusetts into major gold exporter

Section:

State's Exports Enjoying a Gold Rush

Massachusetts Shipped Nearly $2 Billion of the Precious Metal to Far-Flung Markets Last Year

By Megan Woolhouse
The Boston Globe
Tuesday, April 14, 2015

http://www.bostonglobe.com/business/2015/04/14/golden-mystery-massachuse...

TF Metals Report: Another silver short squeeze looms

Section:

2:10p ET Wednesday, April 15, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson is expecting a substantial short squeeze in silver futures in about two weeks. His commentary is headlined "Another Silver Short Squeeze Looms" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/6767/another-silver-short-squeeze-loo...

Gold Reserve makes push in Luxembourg to collect Venezuela award

Section:

By Alexandra Ulmer
Reuters
Monday, April 13, 2015

Gold Reserve Inc. has served banks in Luxembourg with the equivalent of writs of garnishment relating to around $700 million in interest payments on Venezuelan bonds and funds, cranking up its push to collect an arbitration award from the South American country.

FT: Greece prepares for debt default if talks with creditors fail

Section:

Kerin Hope and Tony Barber
Financial Times, London
Monday, April 13, 2015

Greece is preparing to take the dramatic step of declaring a debt default unless it can reach a deal with its international creditors by the end of April, according to people briefed on the radical leftist government's thinking.

Ronan Manly: IMF's gold moves around and changes quality

Section:

8:07p ET Monday, April 13, 2015

Dear Friend of GATA and Gold:

Central bankers gather privately in Washington this Friday to discuss gold

Section:

3p ET Monday, April 13, 2015

Dear Friend of GATA and Gold:

Attention, mainstream financial journalists! Here's something else important for you to ignore this week, thanks to the diligent eye of gold researcher and GATA consultant Ronan Manly.

Syndicate content