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Daily Dispatches
Centerra Gold to buy Thompson Creek for $1.1 billion, a 32% premium
Submitted by cpowell on Tue, 2016-07-05 22:41 Section: Daily DispatchesBy Ian McGugan
The Globe and Mail, Toronto
Tuesday, July 5, 2016
Centerra Gold Inc. of Toronto, a miner looking for ways to lower its risk, has struck a US$1.1-billion deal to purchase Thompson Creek Metals Co. Inc., a Colorado-based miner seeking relief from a mountain of debt.
Analyze THIS, technically -- Part Umpteen
Submitted by cpowell on Tue, 2016-07-05 15:15 Section: Daily Dispatches3:15p ET Tuesday, July 5, 2016
Dear Friend of GATA and Gold:
Taking another look at gold futures market positioning, the TF Metals Report today says the collapse of the always-short bullion banks has gotten closer:
http://www.tfmetalsreport.com/blog/7700/onward-toward-bullion-bank-collapse
Avery Goodman: It's easy to calculate the fair-market value of gold
Submitted by cpowell on Tue, 2016-07-05 11:03 Section: Daily DispatchesBy Avery B. Goodman
Tuesday, July 5, 2016
David Jensen: Detonation of the LBMA -- it wasn't Brexit, Governor Carney
Submitted by cpowell on Tue, 2016-07-05 08:25 Section: Daily Dispatches9:25a ET Tuesday, July 5, 2016
Dear Friend of GATA and Gold:
The Bank of England has been suppressing gold prices by facilitating the London Bullion Market Association's creation of unbacked "paper gold" but the market has figured out the scheme and may be about the destroy the LBMA, market analyst and mining executive David Jensen writes.
Just making sure currency markets stayed free and unmanipulated (by anyone else)
Submitted by cpowell on Mon, 2016-07-04 19:32 Section: Daily DispatchesAnalyze THIS, technically.
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Banks Saw Unprecedented Step Up in Market Supervision Around UK Vote
By Patrick Graham
Reuters
Monday, July 4, 2016
Ronan Manly: Bullion coin sales boost revenues of world's largest mints
Submitted by cpowell on Mon, 2016-07-04 18:54 Section: Daily DispatchesBy Ronan Manly
BullionStar.com, Singapore
Monday, July 4, 2016
The world's major precious metals mints are riding high on the back of extremely strong global bullion coin demand and relatively buoyant gold and silver prices. These mints are predominantly run as commercial enterprises.
Gold has outperformed currencies and stocks, von Greyerz tells KWN
Submitted by cpowell on Mon, 2016-07-04 18:08 Section: Daily Dispatches6:07p ET Monday, July 4, 2016
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, says that for many years gold has been outperforming both currencies and stocks and that, indeed, stock appreciation has been illustory. An excerpt from von Greyerz's interview is posted at KWN here:
China buyers drive silver prices higher
Submitted by cpowell on Mon, 2016-07-04 10:25 Section: Daily DispatchesBy Rhiannon Hoyle
The Wall Street Journal
Monday, July 4, 2016
SYDNEY, Australia -- The price of silver surged to a two-year high on Monday as buyers in China made bold bets in the futures market and scooped up vast volumes of physical metal.
Gold to hit record in 18 months as bond yields crash, Swiss Asia Capital's Kiener says
Submitted by cpowell on Mon, 2016-07-04 09:13 Section: Daily DispatchesBy Huileng Tan
CNBC, New York
Monday, July 4, 2016
Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity.
The 500 tons of gold that show global rise in investor angst
Submitted by cpowell on Mon, 2016-07-04 09:04 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Sunday, July 3, 2016
Global gold holdings have expanded by more than 500 metric tons since bottoming in January in a signal of investors' rising concern about slowing growth, a Federal Reserve that's probably on hold, and the ructions caused by Britain's vote to quit the European Union.
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