You are here
Daily Dispatches
Closer look at London Metal Exchange aluminum prices reveals anomalies
Submitted by cpowell on Tue, 2016-03-15 20:18 Section: Daily DispatchesBy Pratima Desai
Reuters
Tuesday, March 15, 2016
LONDON -- A first glance at aluminum prices on the London Metal Exchange yields few surprises, yet a closer look often reveals anomalies caused by one market participant holding large amounts of metal.
U.S. inflation rears its ugly head as global cycle nears danger zone
Submitted by cpowell on Tue, 2016-03-15 20:10 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, March 15, 2016
The trigger for the next global recession is at last coming into view after a series of loud distractions and false alarms.
TF Metals Report: Gold futures market again in smashdown position
Submitted by cpowell on Tue, 2016-03-15 13:57 Section: Daily Dispatches1:56p ET Tuesday, March 15, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today examines the charts of the gold futures market positions of the bullion banks and the small speculators and notes that the two groups are positioned as they always are just before the gold is smashed down in the famous "wash, rinse, repeat" cycle of gold price suppression.
So where's all that imaginary gold coming from and why?
Submitted by cpowell on Mon, 2016-03-14 20:22 Section: Daily Dispatches8:23p ET Monday, March 14, 2016
Dear Friend of GATA and Gold:
Damned Turks! Who the hell do they think they are -- Indians?
Submitted by cpowell on Mon, 2016-03-14 19:54 Section: Daily DispatchesWhy Turks Are Skipping Banks and Keeping Their Gold at Home
By Mehmet Cetingulec
Al-Monitor, Washington, D.C.
Monday, March 13, 2016
BlackRock was buying lots of GLD while fumbling its own gold fund
Submitted by cpowell on Mon, 2016-03-14 13:44 Section: Daily DispatchesHow BlackRock Took a Shine to a Competitor's Gold ETF
By Leslie Josephs
The Wall Street Journal
Monday, March 14, 2016
BlackRock, whose popular exchange-traded gold product briefly suspended the creation of new shares this month due to an administrative error amid a surge in demand, has been making a hefty bet on a gold ETF lately.
But here's the twist: It was a competitor's ETF.
Keith Barron's real-life adventure story of gold discovery in Ecuador, Part 2
Submitted by cpowell on Mon, 2016-03-14 13:28 Section: Daily Dispatches1:27p ET Monday, March 14, 2016
Dear Friend of GATA and Gold:
Part 2 of geologist and mining entrepreneur Keith Barron's account of his discovery of the Fruta del Norte gold deposit in Ecuador is even more of an adventure story than Part 1. It's amazing that he lived to tell the tale. It's posted at his Internet site, Straight Talk on Mining, here:
A 'radical economic theory' is gaining converts, except it's not radical at all
Submitted by cpowell on Sun, 2016-03-13 21:31 Section: Daily Dispatches9:50p ET Sunday, March 13, 2016
Dear Friend of GATA and Gold:
Central banks aim to beat bitcoin at own game with rival supercurrency
Submitted by cpowell on Sun, 2016-03-13 11:57 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, March 13, 2016
Computer scientists have devised a digital crypto-currency in league with the Bank of England that could pose a devastating threat to large tranches of the financial industry and profoundly change the management of monetary policy.
Gold just collects dust? Two more financial companies disagree
Submitted by cpowell on Fri, 2016-03-11 13:00 Section: Daily Dispatches1:05p ET Friday, March 11, 2016
Dear Friend of GATA and Gold:
"Bullion is not liquid," says Ian Lee, a business school professor at Carleton University in Ottawa, Ontario, Canada. "It sits down in the basement and collects dust":
http://www.ctvnews.ca/business/canada-s-gold-reserve-sell-off-makes-sens...
Tell that to, among others, AuSecure --