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Daily Dispatches

Lassonde likes the gold price with central banks rigging the market

Section: Daily Dispatches

12:18a ET Thursday, March 1, 2018

Dear Friend of GATA and Gold:

Oh, for a journalist who would put a few serious questions to Franco-Nevada Chairman Pierre Lassonde, former chairman of the World Gold Council, when he says, as he told Daniela Cambone of Kitco News this week, that "gold is well-priced" and "where it should be."

Stephen Leeb: The gold-based monetary system is on its way

Section: Daily Dispatches

8:04p ET Tuesday, February 27, 2018

Dear Friend of GATA and Gold:

Craig Hemke at Sprott Money: Total U.S. debt and gold

Section: Daily Dispatches

7:09p ET Tuesday, February 27, 2018

Dear Friend of GATA and Gold:

Scotiabank won't sell metals business after all

Section: Daily Dispatches

By Matt Scuffham
Reuters
Tuesday, February 27, 2018

TORONTO -- Canadian lender Bank of Nova Scotia said today it would keep its ScotiaMocatta metals trading business, ending months of speculation that it could be sold, and the bank reported earnings that beat market expectations.

Hong Kong exchange wants gold trading corridor along 'Belt and Road'

Section: Daily Dispatches

By Karen Yeung
South China Morning Post, Hong Kong
Tuesday, February 20, 2018

The Chinese Gold & Silver Exchange Society, Hong Kong's gold exchange, is in talks with Singapore, Myanmar and Dubai to establish a gold commodity corridor to promote yuan-denominated products under China's Belt and Road Initiative, according to its president Haywood Cheung Tak-hay.

Silver deeply in backwardation and on verge of breakout, Turk tells KWN

Section: Daily Dispatches

8:47p ET Monday, February 26, 2018

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk, interviewed today by King World News, says silver is deeply in backwardation and seems to be on the verge of breaking up and out against the longstanding price suppression. The interview is posted at KWN here:

https://kingworldnews.com/james-turk-war-raging-silver-market/

Manipulation keeping markets from doing what they ordinarily would, Sprott says

Section: Daily Dispatches

9:31a ET Monday, February 26, 2018

Dear Friend of GATA and Gold:

Russia overtakes China in gold reserves race to end U.S. dollar dominance

Section: Daily Dispatches

From Russia Today, Moscow
Monday, February 26, 2018

The Central Bank of Russia boosted its holdings of gold by almost 20 metric tons last month, with reserves reaching 1,857 tons. It has increased its holdings every month since March 2015.

Australia's top gold miner boosts bets on Ecuador's riches

Section: Daily Dispatches

By David Stringer
Bloomberg News
Sunday, February 25, 2018

Australia's largest gold producer, Newcrest Mining Ltd., will invest $250 million for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits.

With rates low, Fed officials fret over next recession

Section: Daily Dispatches

By Jonathan Spicer and Ann Saphir
Reuters
Saturday, February 24, 2018

Federal Reserve policymakers are fretting that they could face the next U.S. recession with an arsenal of policies little different from that used in the last downturn but robbed of much of their punch because interest rates are still low.

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