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Daily Dispatches
Zero Hedge: Gold and silver slammed in mini-flash crash
Submitted by cpowell on Wed, 2015-06-24 10:49 Section: Daily DispatchesFrom Zero Hedge, New York
Wednesday, June 24, 2015
Fifteen minutes after GDP data was released -- showing Q1 was indeed as weak as expected and inventories suggesting Q2 will be just as weak -- someone decided it was an appropriate time to dump over half a billion dollars of notional gold on the futures market. ...
... For the remainder of the report:
New York Sun: The Bernanke ten-spot
Submitted by cpowell on Tue, 2015-06-23 20:35 Section: Daily DispatchesFrom the New York Sun
Tuesday, June 23, 2015
Now he tells us. The former chairman of the Federal Reserve, Ben Bernanke, is claiming in a blog post that he's a huge fan of Alexander Hamilton.
Ronan Manly: London gold fix prior to this year wasn't really so primitive
Submitted by cpowell on Mon, 2015-06-22 23:23 Section: Daily Dispatches11:20p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Ted Butler: The ultimate confirmation
Submitted by cpowell on Mon, 2015-06-22 21:58 Section: Daily Dispatches10:02p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Larry Parks: Free trade is impossible when one side controls trade currency
Submitted by cpowell on Mon, 2015-06-22 13:41 Section: Daily Dispatches1:40p ET Monday, June 22, 2015
Dear Friend of GATA and Gold:
Free trade is impossible when one side in the transaction has exclusive power to issue the currency in which trade is conducted, Larry Parks, executive director of the Foundation for the Advancement of Monetary Education, writes this week.
India's central bank opposes letting commercial banks count gold as money
Submitted by cpowell on Mon, 2015-06-22 08:51 Section: Daily DispatchesRBI Opposes Finance Ministry Plan to Use Gold Deposits as Bank CRR
From The Times of India, Mumbai
Monday, June 22, 2015
NEW DELHI -- The Centre's attempt at monetising gold lying with Indian households may face a roadblock with the Reserve Bank of India writing to the finance ministry opposing a plan to use gold deposits for bank Cash Reserve Ratios.
China Construction Bank said preparing to join London gold price fix
Submitted by cpowell on Mon, 2015-06-22 08:40 Section: Daily DispatchesICE Benchmark Administration Announces Two New Direct Participants to the Gold Auction
Company Press Release
via Business Wire
Monday, June 22, 2015
China's Zijin targets Australian gold miner in M&A spree
Submitted by cpowell on Mon, 2015-06-22 08:34 Section: Daily DispatchesBy James Regan
Reuters
Monday, June 22, 2015
SYDNEY, Australia -- Zijin Mining Group launched a bid for Australian gold explorer Phoenix Gold on Monday, the Chinese company's third planned acquisition of a foreign mining asset in less than a month.
Koos Jansen: Chinese gold demand seems strong but harder to read
Submitted by cpowell on Sun, 2015-06-21 16:57 Section: Daily Dispatches4:55p ET Sunday, June 21, 2015
Dear Friend of GATA and Gold:
Gold demand continues to appear strong in China but it is getting harder to evaluate because of the growing international component of the Shanghai Gold Exchange, gold researcher and GATA consultant Koos Jansen reports today. His analysis is posted at Bullion Star here:
Justice Dept. won't do anything about metals market rigging, GATA chairman says
Submitted by cpowell on Sun, 2015-06-21 16:36 Section: Daily Dispatches4:35p ET Sunday, June 21, 2015
Dear Friend of GATA and Gold: