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Daily Dispatches
Eric King: Gold/oil ratio hits extreme in gold's favor
Submitted by cpowell on Mon, 2016-01-11 19:43 Section: Daily Dispatches7:40p ET Monday, January 11, 2016
Dear Friend of GATA and Gold:
Eric King of King World News reports tonight that the gold/oil ratio has just reached an extreme in gold's favor, signifying that gold has held up well amid the collapse in other commodities:
http://kingworldnews.com/the-gold-market-has-just-experienced-a-stunning...
Investors fleeing China's stock-market turmoil seek safety in gold
Submitted by cpowell on Mon, 2016-01-11 16:59 Section: Daily DispatchesBy Biman Mukherji
The Wall Street Journal
Monday, January 11, 2016
HONG KONG -- China's stock-market volatility is driving up the price of gold as investors seeking safety pile into the yellow metal, reversing expectations that the price would slump this year in the wake of a strengthening dollar.
Scrap Bank of England's powers after century of boom and bust, think-tank says
Submitted by cpowell on Mon, 2016-01-11 08:23 Section: Daily DispatchesBy Peter Spence
The Telegraph, London
Monday, January 11, 2016
The Bank of England should abolish the Monetary Policy Committee and dump its inflation target because the regime has been responsible for creating a century of boom and bust, a think-tank has claimed.
Saudis told to prop up currency amid global devaluation war fears
Submitted by cpowell on Sun, 2016-01-10 11:45 Section: Daily DispatchesBy Mehreen Khan
The Telegraph, London
Sunday, January 10, 2016
Saudi Arabia should use its massive foreign exchange reserves to defend the riyal amid fears the world is descending into a new phase of global currency wars, the World Bank has said.
Brookings Institution posts GATA secretary's questions to Bernanke
Submitted by cpowell on Sat, 2016-01-09 20:15 Section: Daily Dispatches8:10p Saturday, January 9, 2016
Dear Friend of GATA and Gold:
TF Metals Report: Another 'conspiracy theory' becomes conspiracy fact
Submitted by cpowell on Sat, 2016-01-09 20:02 Section: Daily Dispatches8p ET Saturday, January 9, 2016
Dear Friend of GATA and Gold:
OMG -- FT prints something hopeful about gold, if for the wrong reason
Submitted by cpowell on Fri, 2016-01-08 17:24 Section: Daily DispatchesBut yes, most gold-mining executives are indeed "blithering idiots."
* * *
Golden Opportunity? The Capital Cycle Is Turning
Merryn Somerset Webb
Financial Times, London
Friday, January 8, 2016
http://www.ft.com/intl/cms/s/0/c38b6b8c-b5f3-11e5-b147-e5e5bba42e51.html
China faces currency issues beyond US dollar
Submitted by cpowell on Fri, 2016-01-08 15:56 Section: Daily DispatchesBy Roger Blitz
Financial Times, London
Friday, January 8, 2016
The renminbi's steep fall against the dollar, which has caused investors so much mayhem, has obscured its relative strength against the currencies of some of China's trading partners.
China's ICBC Standard Bank buys Deutsche's London bullion vault: Reuters
Submitted by cpowell on Fri, 2016-01-08 13:25 Section: Daily DispatchesBy Clara Denina
Reuters
Friday, January 8, 2016
LONDON -- ICBC Standard Bank is buying the lease on Deutsche Bank's London gold and silver vault, enlarging its footprint in the city's bullion market, four industry sources close to the companies said on Friday.
Bernanke avoids exchange about the dollar's decisive advantage
Submitted by cpowell on Fri, 2016-01-08 12:36 Section: Daily Dispatches12:41p ET Friday, January 8, 2016
Dear Friend of GATA and Gold:
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