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Daily Dispatches

Zero Hedge: More foreign gold withdrawn from NY Fed in July

Section: Daily Dispatches

11:28p ET Sunday, August 30, 2015

Dear Friend of GATA and Gold:

Zero Hedge reports today that foreign government gold continued to be withdrawn from the Federal Reserve Bank of New York in July, another 9.5 tonnes:

http://www.zerohedge.com/news/2015-08-30/2014-foreign-central-banks-have...

CHRIS POWELL, Secretary/Treasurer

ISIS advertises its new gold coins but still pays its gunmen in U.S. dollars

Section: Daily Dispatches

ISIS Release Pictures of Their New Gold Coins They Say Will 'Break Capitalist Enslavement' -- So Why Are They Still Paying Their Deranged Gunmen in U.S. Dollars?

By Tom Wyke
Daily Mail, London
Sunday, August 30, 2015

ISIS have released a new hour-long video, showing off their latest propaganda tool -- their very own coin currency.

App for that? BitGold looks to take gold savings mainstream

Section: Daily Dispatches

By Ian Bickis
The Canadian Press
via CTV News, Toronto
August 30, 2015

CALGARY, Alberta, Canada -- Want to buy gold as a savings alternative? Well, you guessed it -- there's an app for that.

Reuters: South Africa to promote platinum as central bank reserve asset

Section: Daily Dispatches

So why haven't they figured this out for gold too? Are there no patriots in South Africa's government?

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South African Mine Industry Job Plan Targets Platinum as Central Bank Reserve Asset

By Ed Stoddard
Reuters
Wednesday, August 26, 2015

At KWN, Maguire cites 'permanent' backwardation, repatriation delays

Section: Daily Dispatches

3p ET Friday, August 28, 2015

Dear Friend of GATA and Gold:

Interviewed today by King World News, London metals trader Andrew Maguire describes increasing strains in the gold banking system, including "permanent" backwardation and delays in gold repatriations. Maguire's interview is excerpted at the KWN blog here:

TF Metals Report: August gold delivery update

Section: Daily Dispatches

10:35a ET Friday, August 28, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today reviews deliveries reported for August gold contracts on the New York Commodities Exchange and concludes:

Is the Fed behind the stock market and commodity crashes?

Section: Daily Dispatches

5:32p ET Thursday, August 27, 2015

Dear Friend of GATA and Gold:

Suspicion is growing that the Federal Reserve is behind the crash of the stock market as well as the crash of the commodity market.

Financial writer Charles Hugh Smith, in commentary reposted at Zero Hedge yesterday, headlined his analysis "What If the Crash Is as Rigged as Everything Else?":

Mike Kosares: Key trade in gold market signals China's intentions

Section: Daily Dispatches

1:14p ET Thursday, August 27, 2015

Dear Friend of GATA and Gold:

Despite the slowing of its economy, China will have increasing influence on the price of gold and will push the gold trade toward physical delivery, USAGold's Michael Kosares writes today. His commentary is headlined "Key Trade in Gold Market Signals China's Intentions" and it's posted at USAGold's Internet site here:

Alasdair Macleod: Economics of a crash

Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, August 27, 2015

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