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Daily Dispatches
India's top gold import bank suspends some bullion dealer accounts
Submitted by cpowell on Mon, 2016-12-12 11:32 Section: Daily DispatchesBy Rajendra Jadhav and Devidutta Tripathy
Reuters
Monday, December 12, 2016
MUMBAI, India -- Axis Bank Ltd., India's top importer of gold, has suspended the bank accounts of some bullion dealers and jewellers after two of its executives at a branch were arrested over alleged money laundering.
Forced into digital transactions, Indians resume buying gold anyway
Submitted by cpowell on Mon, 2016-12-12 11:26 Section: Daily DispatchesGold Jewellery Sales Pick Up Slowly After Falling 80%
By Sutanuka Ghosal
The Times of India, Mumbai
Monday, December 12, 2016
KOLKATA, India -- Gold sales have picked up by 40-50 percent this month as consumers are getting used to digital transactions to purchase the metal.
Inflation-hit Venezuela to pull largest bill from circulation
Submitted by cpowell on Sun, 2016-12-11 22:00 Section: Daily DispatchesBy Girish Gupta
Reuters
Sunday, December 11, 2016
CARACAS, Venezuela -- Mired in an economic crisis and facing the world's highest inflation, Venezuela will pull its largest bill, worth two U.S. cents on the black market, from circulation this week ahead of introducing new higher-value notes, President Nicolas Maduro said today.
Avery Goodman: India's attacks on gold are just posturing and will have little effect
Submitted by cpowell on Sun, 2016-12-11 09:47 Section: Daily Dispatches9:47a ET Sunday, December 11, 2016
Dear Friend ofGATA and Gold:
Silver price charts annotated with messages between market-rigging traders
Submitted by cpowell on Sat, 2016-12-10 23:13 Section: Daily Dispatches11:13p ET Saturday, December 10, 2016
Dear Friend of GATA and Gold:
Nick Laird of Gold Charts R Us has built charts of silver prices that link price movements with the messages between traders disclosed this week in the anti-trust lawsuit against the investment banks accused of rigging the market. The annotated charts can be viewed at Laird's internet site here:
Mike Kosares: Trump, Reagan economies at polar opposites
Submitted by cpowell on Sat, 2016-12-10 15:22 Section: Daily Dispatches3:20p ET Saturday, December 10, 2016
Dear Friend of GATA and Gold:
Deutsche Bank's 'smoking gun' evidence cited in bid to expand U.S. silver rigging case
Submitted by cpowell on Sat, 2016-12-10 09:50 Section: Daily DispatchesBy Nate Raymond
Reuters
Thursday, December 8, 2016
Lawyers for investors accusing several major banks of conspiring to rig silver prices are seeking to add five new defendants to the case, based what they call "smoking gun" evidence they obtained from Deutsche Bank following a settlement.
Trump to name Goldman Sachs veteran to head National Economic Council
Submitted by cpowell on Fri, 2016-12-09 15:27 Section: Daily DispatchesAt least Hillary might have appointed someone from JPMorganChase.
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By Renae Merle, Ylan Q. Mui, and Philip Rucker
Washington Post
Friday, December 9, 2016
South Africa's Sibanye Gold to buy Stillwater Mining for $2.2 billion in latest platinum push
Submitted by cpowell on Fri, 2016-12-09 10:41 Section: Daily DispatchesBy Alexandra Wexler
The Wall Street Journal
Friday, December 9, 2016
JOHANNESBURG -- South Africa's Sibanye Gold Ltd. said today it plans to buy U.S. palladium and platinum miner Stillwater Mining Co. for $2.2 billion, the company's first foray outside of southern Africa and the latest bold move to diversify beyond gold mining.
Deutsche Bank proves what GATA told CFTC six years ago, Murphy tells GoldSeek Radio
Submitted by cpowell on Fri, 2016-12-09 10:19 Section: Daily Dispatches10:19a ET Friday, December 9, 2016
Dear Friend of GATA and Gold: