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Daily Dispatches
Greece to shut banks and stock exchange on Monday as crisis deepens
Submitted by cpowell on Sun, 2015-06-28 13:47 Section: Daily DispatchesBy Lefteris Papadimas and John O'Donnell
Reuters
Sunday, June 28, 2015
Greece's banks and stock exchange will be shut on Monday after creditors refused to extend the country's bailout and savers queued to withdraw cash, taking Athens' standoff with the European Union and the International Monetary Fund to a dangerous new level. ...
BIS scolds its own central bank members: You've made a mess of everything
Submitted by cpowell on Sun, 2015-06-28 12:26 Section: Daily DispatchesWorld Is Defenseless Against Next Financial Crisis, BIS Warns
By Peter Spence
The Telegraph, London
Sunday, June 28, 2015
http://www.telegraph.co.uk/finance/economics/11704051/The-world-is-defen...
Brien Lundin: Proof of gold market manipulation
Submitted by cpowell on Sun, 2015-06-28 11:20 Section: Daily DispatchesBy Brien Lundin, Editor
Gold Newsletter, Metairie, Louisiana
Thursday, June 25, 2015
https://jeffersoncompanies.com/gold-newsletter/about-gold-newsletter
Shanghai Gold Exchange in talks to list products on CME
Submitted by cpowell on Fri, 2015-06-26 10:50 Section: Daily DispatchesFrom Reuters
Friday, June 26, 2015
SHANGHAI -- The Shanghai Gold Exchange is in talks to list its bullion products on CME Group's trading platform and launch yuan-denominated bullion contracts in Dubai, an exchange official said.
Incrementum's 'In Gold We Trust' report for 2015 -- valuation anomalies galore
Submitted by cpowell on Thu, 2015-06-25 22:21 Section: Daily Dispatches10:28p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Liechtenstein-based asset management firm Incrementum partners Ronald-Peter Stoeferle and Mark J. Valek today published the firm's annual "In Gold We Trust" report, a magisterial review of gold's standing in the financial markets.
Alasdair Macleod: Managing trade deficits
Submitted by cpowell on Thu, 2015-06-25 15:34 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, June 25, 2015
Currency devaluation is seen by nearly every macro-economist to be the cure for trade deficits.
LBMA to start reporting OTC gold trade soon; exchange model seen costly
Submitted by cpowell on Thu, 2015-06-25 08:40 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, June 25, 2015
SHANGHAI -- The London Bullion Market Association could soon take steps to report trades of the over-the-counter gold market, but the prospect of higher costs makes an exchange-traded model unattractive to participants for now, its chief executive said.
China plans to launch yuan gold fix by end of this year
Submitted by cpowell on Thu, 2015-06-25 08:28 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, June 25, 2015
SHANGHAI -- China plans to launch a yuan-denominated gold fix by the end of 2015 via the Shanghai Gold Exchange in a move aimed at giving the world's biggest bullion producer and consumer more influence over pricing.
San Diegans shun chance to get $160 silver bar for $10
Submitted by cpowell on Wed, 2015-06-24 16:29 Section: Daily Dispatches4:32p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Political provocateur Mark Dice today posted an amusing video demonstrating the financial ignorance of pedestrians outside a coin shop in San Diego, California, where he tried without success to sell a 10-ounce silver bar for $10, about $150 less than what the shop presumably would have purchased it for.
TF Metals Report: The silver short bubble
Submitted by cpowell on Wed, 2015-06-24 15:48 Section: Daily Dispatches3:45p ET Wednesday, June 24, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today marvels at the record open interest in silver futures on the New York Commodity Exchange, which, he argues, is a "short bubble" about to pop.
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