Daily Dispatches

Der Spiegel: Federal auditors call for inventory of German gold reserves

Submitted by cpowell on Tue, 2012-10-23 11:24 Section: Daily Dispatches

Thanks again to GATA's friends Lars Schall and Peter Boehringer for the translation from German to English.

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Federal Court of Auditors Calls for Inventory of Gold Reserves

Germany owns the world's second largest gold reserves, nearly 3,400 tons. Allegedly, that is.

Read more about Der Spiegel: Federal auditors call for inventory of German gold reserves

Die Welt's Monday report on the growing clamor over Germany's gold stored abroad

Submitted by cpowell on Tue, 2012-10-23 11:00 Section: Daily Dispatches

Thanks to GATA's friends Lars Schall and Peter Boehringer for the translation from German to English.

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CDU Politician Wants to Bring German Gold Home

By Daniel Eckert and Holger Zschapitz
Die Welt, Berlin
Monday, October 22, 2012

http://www.welt.de/finanzen/article110105525/CDU-Politiker-will-deutsche...

Read more about Die Welt's Monday report on the growing clamor over Germany's gold stored abroad

Turkish gold trade to Iran booms via Dubai

Submitted by cpowell on Tue, 2012-10-23 10:30 Section: Daily Dispatches

By Humeyra Pamuk
Reuters
Tuesday, October 23, 2012

http://www.reuters.com/article/2012/10/23/us-emirates-iran-gold-idUSBRE8...

To see one of Iran's financial lifelines at work, pay a visit to Istanbul's Ataturk International Airport and find a gate for a flight to Dubai.

Read more about Turkish gold trade to Iran booms via Dubai

Ambrose Evans-Pritchard: Japan to join currency wars as exports slump

Submitted by cpowell on Mon, 2012-10-22 15:46 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, October 22, 2012

http://www.telegraph.co.uk/finance/financialcrisis/9626542/Japan-to-join...

Japan is poised to join the world's "currency wars" as it battles a triple crisis of crashing exports, recession, and a suffocatingly-strong yen.

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Gold, shares holding up well amid pre-election assault, Embry says

Submitted by cpowell on Mon, 2012-10-22 15:24 Section: Daily Dispatches

2:20p ET Monday, October 22, 2012

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that gold and the mining shares are holding up well against the U.S. government's pre-election assault. The shares, Embry says, remain very underpriced compared to bullion. An excerpt from the interview is posted at the King World News blog here:

Read more about Gold, shares holding up well amid pre-election assault, Embry says

Germany getting suspicious about gold to the point of taking action

Submitted by cpowell on Mon, 2012-10-22 12:18 Section: Daily Dispatches

11:17a ET Monday, October 22, 2012

Dear Friend of GATA and Gold:

The German press today is full of stories of concern about the German gold reserves.

Read more about Germany getting suspicious about gold to the point of taking action

MineWeb's Lawrence Williams: What is China really doing in the gold markets?

Submitted by cpowell on Mon, 2012-10-22 10:00 Section: Daily Dispatches

8:55a CT Monday, October 22, 2012

Dear Friend of GATA and Gold:

MineWeb's Lawrence Williams today offers a thoughtful speculation on China's interest in gold, an interest he says is matched by China's interest in not collapsing its U.S. dollar reserves.