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Daily Dispatches
Central banks are already doing the unthinkable -- you just don't know it
Submitted by cpowell on Sat, 2016-03-19 22:58 Section: Daily DispatchesUnless, of course, you follow GATA.
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Central Banks Are Already Doing the Unthinkable -- You Just Don't Know It
By Mehreen Khan
The Telegraph, London
Saturday, March 19, 2016
The lords of finance are losing their touch.
MarketWatch can report market-rigging rumor, so why not market-rigging fact?
Submitted by cpowell on Sat, 2016-03-19 22:21 Section: Daily Dispatches10:20p ET Saturday, March 19, 2016
Dear Friend of GATA and Gold:
MarketWatch tonight produces a true wonder of financial journalism. It's a story acknowledging a rumor about "conspiracy theory" involving central banks, a rumor that MarketWatch blithely declines to investigate by questioning any central banker.
Indian jewellers calls off strike; gold imports to rise
Submitted by cpowell on Sat, 2016-03-19 21:07 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Saturday, March 19, 2016
Indian jewellers called off a 19-day strike late today after the government assured them they will not be "harassed" by the excise department in collecting a new tax, the head of a trade body told Reuters.
Here's why surging gold miner stocks may still be bargains
Submitted by cpowell on Fri, 2016-03-18 17:41 Section: Daily DispatchesLuzi-Ann Javier
Bloomberg News
Thursday, March 17, 2016
Gold-mining companies that are seeing their shares surge the most in decades are still cheap, based on historic measures of their reserves.
ECB's bazooka has not run out of ammunition, chief economist says
Submitted by cpowell on Fri, 2016-03-18 11:23 Section: Daily DispatchesBy Szu Ping Chan
The Telegraph, London
Friday, March 18, 2016
The European Central Bank is prepared to slash interest rates deeper into negative territory if the economic outlook deteriorates, according to its chief economist.
India's gold paperizing scheme strains for its fourth tonne of metal
Submitted by cpowell on Fri, 2016-03-18 11:13 Section: Daily DispatchesMumbai's Siddhivinayak Temple to Mobilize Gold as India Scrambles to Cut Imports
By Rajendra Jadhav, Sankalp Phartiyal, Neha Dasgupta, and Krishna N. Das
Reuters
Friday, March 18, 2016
Financial letter writer, mining investor Ian McAvity dies
Submitted by cpowell on Fri, 2016-03-18 08:54 Section: Daily Dispatches8:53a ET Friday, March 18, 2016
Dear Friend of GATA and Gold:
Toronto-based financial letter writer and mining industry investor and executive Ian McAvity died this week, according to an announcement by Duncan Park Holdings Corp., which he served as president and chief executive officer:
Alasdair Macleod: The European Central Bank and John Law
Submitted by cpowell on Thu, 2016-03-17 21:33 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, March 17, 2016
Last week the European Central Bank extended its monetary madness, pushing deposit rates further into negative figures.
Ronan Manly: Venezuela's gold keeps moving to Switzerland
Submitted by cpowell on Wed, 2016-03-16 15:23 Section: Daily Dispatches3:20p ET Wednesday, March 16, 2016
Dear Friend of GATA and Gold:
Venezuela continues to ship its gold reserves to Switzerland as part of gold swap arrangements to finance the Venezuelan government, gold researcher Ronan Manly reports today, with 12 1/2 tonnes sent via Paris on March 8. Manly's report is posted at Bullion Star here:
Imagine how much they'd save if they NEVER went back to work
Submitted by cpowell on Wed, 2016-03-16 13:22 Section: Daily DispatchesVenezuela to Shut Down for a Week to Cope With Electricity Crisis
By Andrew Rosati
Bloomberg News
Wednesday, March 16, 2016
Venezuela is shutting down for a week as the government struggles with a deepening electricity crisis.
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