Daily Dispatches

Fed's capital takes a big hit, Turk tells KWN

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1:30p ET Monday, January 25, 2016

Dear Friend of GATA and Gold:

Is GATA good or bad for the monetary metals business?

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1:15p Monday, January 25, 2016

Dear Friend of GATA and Gold:

Our friend T.W. writes:

"I just read GATA's dispatch about China and the possibility of an international currency reset --

http://www.gata.org/node/16120

-- and I must say I am confused about all this.

GFMS claims demand for gold is weak, sees price falling this year

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Gold, Silver Set for More Pain into 2016, Poll Says

By Jan Harvey
Reuters
Thursday, October 15, 2015

LONDON -- Gold prices are expected to post another year of losses in 2016, with more pain still in store for the precious metal this year after a weak third quarter, a Reuters poll showed on Thursday.

Von Greyerz expects more QE, negative rates, hyperinflation

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4:35p ET Sunday, January 24, 2016

Dear Friend of GATA and Gold:

We GATA move these DVDs, posters, and T-shirts

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3:34p ET Sunday, January 24, 2016

We gotta install microwave ovens,
Custom kitchen deliveries.
We gotta move these refrigerators.
We gotta move these color TVs.

https://www.youtube.com/watch?v=lAD6Obi7Cag

Dear Friend of GATA and Gold:

Currency reset is more likely than China to goose the gold price

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12:21p ET Sunday, January 24, 2016

Dear Friend of GATA and Gold:

GATA's friend R.B. sends a note that may be paraphrased this way:

Having helped cripple Suriname, IMF swoops down to mortgage the country

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4:51p ET Saturday, January 23, 2016

Dear Friend of GATA and Gold:

Having helped to cripple the economy of the gold- and commodity-producing South American country of Suriname, the International Monetary Fund is on the way there to put a mortgage on the little multi-racial democracy's vastly undervalued natural resources.

Ambrose Evans-Pritchard: China's banking stress looms like Banquo's Ghost in Davos

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By Ambrose Evans-Pritchard
The Telegraph, London
Saturday, January 23, 2016

Bad debts in the Chinese banking system are four or five times higher than officially admitted and pose a mounting risk to the country's financial stability, the world's leading expert on debt has warned.

Indian government's gold scheme paperizes 9/10ths of a tonne of gold

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Just 22,999 more to go.

* * *

By the Indo-Asian News Service
via The Times of India, Mumbai
Saturday, January 23, 2016

http://timesofindia.indiatimes.com/business/india-business/More-than-900...

LME said to be in talks with banks to list London gold contracts

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By Eddie van der Walt and Agnieszka De Sousa
Bloomberg News
Friday, January 22, 2016

The London Metal Exchange is in talks with the World Gold Council and five banks about the possibility of introducing futures contracts on gold and standardized central clearing, according to two people familiar with the matter.

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