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Daily Dispatches
No limit on holding gold if it matches income declaration, Indian govt. says
Submitted by cpowell on Fri, 2016-12-02 08:25 Section: Daily DispatchesBy the Press Trust of India
via the Hindustan Times, New Delhi
Friday, December 2, 2016
The government on Thursday sought to quell rumors by clarifying that there is no limit on legitimate holding of gold and jewellery, including from inheritance, and there would be no seizure of bullion up to a certain limit even if that does not seem to match income.
Lawrie Williams: Major gold price divergence between Shanghai and London
Submitted by cpowell on Thu, 2016-12-01 19:01 Section: Daily Dispatches7p ET Thursday, December 1, 2016
Dear Friend of GATA and Gold:
Alasdair Macleod: Credit cycles and gold
Submitted by cpowell on Thu, 2016-12-01 17:55 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, December 1, 2016
The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold.
GoldSeek Radio's Chris Waltzek interviews Sprott's John Embry
Submitted by cpowell on Thu, 2016-12-01 15:17 Section: Daily Dispatches3:15p ET Thursday, December 1, 2016
Dear Friend of GATA and Gold:
China tightens gold import quotas to curb dollar outflow
Submitted by cpowell on Thu, 2016-12-01 08:35 Section: Daily DispatchesBy Henry Sanderson and Lucy Hornby
Financial Times, London
Wednesday, November 30, 2016
China has curbed gold imports in the wake of government attempts to clamp down on capital leaving the country, according to traders and bankers.
Michael Oliver suspects, Paul Roberts denounces gold market rigging
Submitted by cpowell on Wed, 2016-11-30 22:46 Section: Daily Dispatches10:45p ET Wednesday, November 30, 2016
Dear Friend of GATA and Gold:
In commentary at King World News, Michael Oliver of Momentum Structural Analysis sees the recent lockdown of the gold price as evidence of market manipulation:
http://kingworldnews.com/michael-oliver-conspiracy-theorists-would-use-t...
The world is feeling the might of China's commodity traders
Submitted by cpowell on Wed, 2016-11-30 10:54 Section: Daily DispatchesFrom Bloomberg News
Tuesday, November 29, 2016
The Chinese speculators shaking up global commodity markets are switched-on, flush with cash and probably not getting enough sleep.
For treasury secretary Trump picks former Goldman Sachs partner
Submitted by cpowell on Tue, 2016-11-29 18:48 Section: Daily DispatchesSteven Mnuchin Is Donald Trump's Expected Choice for Treasury Secretary
By Binyamin Appelbaum and Maggie Haberman
The New York Times
Tuesday, November 29, 2016
Central banks were ready to smash gold upon Trump's election, Embry says
Submitted by cpowell on Tue, 2016-11-29 14:17 Section: Daily Dispatches2:20p ET Tuesday, November 29, 2016
Dear Friend of GATA and Gold:
Store your gold with the British govt., if you think they'll let you have it in a pinch
Submitted by cpowell on Tue, 2016-11-29 11:33 Section: Daily DispatchesRoyal Mint, CME Group Launch Blockchain-Based Gold Trading Platform
By Jemima Kelly
Reuters
Tuesday, November 29, 2016
LONDON -- Britain's Royal Mint and leading U.S.-based derivatives exchange CME Group have teamed up to create a blockchain-based digital platform for dealing in gold in a drive to cut the costs involved in trading the precious metal.