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Daily Dispatches
Hong Kong exchange tries gold futures again, with physical delivery this time
Submitted by cpowell on Sun, 2017-05-07 11:10 Section: Daily DispatchesBy Enoch Yiu
South China Morning Post, Hong Kong
Sunday, May 7, 2017
Hong Kong Exchanges and Clearing will undertake in the third quarter its third attempt to launch a gold futures contract after two previous failures, but traders have mixed views on its chances for success.
Those attacks on gold don't come from Adam Hamilton's mere 'speculators'
Submitted by cpowell on Sun, 2017-05-07 09:40 Section: Daily Dispatches10a ET Sunday, May 7, 2017
Dear Friend of GATA and Gold:
Every day it seems that the manipulation of the monetary metals markets can't get any more obvious, and every day it does. But at least the manipulation is starting to aggravate certain mining stock touts who have paid little heed to it.
Thai central bank chief welcomes proposal to reduce U.S. dollar transactions
Submitted by cpowell on Sun, 2017-05-07 08:40 Section: Daily DispatchesBy Shotaro Tani
Nikkei Asian Review, Tokyo
Sunday, May 7, 2017
YOKOHAMA, Japan -- Thailand's central bank chief said Saturday he welcomed moves to wean Southeast Asia off its reliance on the U.S. dollar, as Japanese representatives put forward a bilateral currency swap proposal on the sidelines of the Asian Development Bank's annual summit.
Lower prices bolster gold demand; premiums rise in India, China
Submitted by cpowell on Sat, 2017-05-06 11:00 Section: Daily DispatchesBy Koustav Samanta
Reuters
Friday, May 5, 2017
Gold demand in Asia rose this week, helped by a correction in prices, but traders said some buyers have held back from purchases while they wait for bullion prices to drop further.
George Gilder: Currency trading is in chaos, so reconsider the gold standard
Submitted by cpowell on Sat, 2017-05-06 10:37 Section: Daily DispatchesBy George Gilder
Dallas Morning News
Friday, May 5, 2017
https://www.dallasnews.com/opinion/commentary/2017/05/05/bankers-failed-...
Astounding volumes of paper gold and silver sales detailed by Maguire at KWN
Submitted by cpowell on Fri, 2017-05-05 13:24 Section: Daily Dispatches1:25p ET Friday, May 5, 2017
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, interviewed today by King World News, details the astounding notional volumes of paper gold and silver that have been sold in the latest smashing of monetary metals prices. An excerpt from the interview is posted at KWN here:
Veteran coin and bullion dealer 'shocked' by 'panic selling'
Submitted by cpowell on Wed, 2017-05-03 20:11 Section: Daily Dispatches8:11p ET Wednesday, May 3, 2017
Dear Friend of GATA and Gold:
Bill Rice Jr.: Silver miners must know their market is rigged but are too afraid to protest
Submitted by cpowell on Tue, 2017-05-02 21:49 Section: Daily DispatchesBy Bill Rice Jr.
Tuesday, May 2, 2107
As silver is again being pushed down hard and good for no market-related reason, I can't help but wonder what the mining company executives are thinking. One thing we know. They won't protest. Two reasons are typically given for this "grin and bear it' attitude:
TF Metals Report: Comex crime scene mechanics
Submitted by cpowell on Tue, 2017-05-02 21:05 Section: Daily Dispatches9:06p ET Tuesday, May 2, 2017
Dear Friend of GATA and Gold:
Banks say gold price-fixing data errors entitle them to do-over
Submitted by cpowell on Tue, 2017-05-02 20:55 Section: Daily DispatchesBy Cara Mannion
Law 360, New York
Monday, May 1, 2017
NEW YORK -- Barclays and three other banks told a New York federal court Monday that they didn't waste its time when requesting a second shot at tossing a case over their alleged conspiracy to manipulate the price of gold, saying investors' use of flawed data in the suit justifies a do-over.