GATA

Sovereign gold buyers know how to play the paper game, Maguire tells KWN

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9:22a ICT Saturday, March 24, 2017

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News this week that manipulation of the gold derivatives market is well understood by sovereign buyers, who time their purchases accordingly.

Alasdair Macleod: Trump's hostility to free trade will weaken dollar, boost gold

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8:53a ICT Saturday, March 25, 2017

Dear Friend of GATA and Gold:

Reviving South Africa's gold industry means getting mine workers off their knees

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By Kevin Crowley
Bloomberg News
Thursday, March 23, 2017

During his early years as a miner in South Africa, Joas Mahanuque spent six hours a day on his knees drilling for Impala Platinum Holdings Ltd. The dust-filled tunnels half a mile underground were too low for him to stand, and temperatures reached 105 degrees Fahrenheit (40 degrees Celsius).

Ted Butler: Dead men walking?

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11:55p ICT Thursday, March 23, 2017

Dear Friend of GATA and Gold:

UBS charges customers to deposit euros

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... And they say gold doesn't pay interest.

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From the British Broadcasting Corp., London
Wednesday, March 22, 2017

Swiss bank UBS will start charging customers who deposit more than a million euros, as negative interest rates hit banks' profits.

The annual 0.6 percent charge will take affect from May.

Libor mastermind Tom Hayes deserves a lot of company in prison

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By Nick Summers
Bloomberg News
Wednesday, March 22, 2017