Daily Dispatches

Koos Jansen: Chinese gold demand seems strong but harder to read

Submitted by cpowell on Sun, 2015-06-21 16:57 Section: Daily Dispatches

4:55p 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:

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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 Dispatches

4:35p ET Sunday, June 21, 2015

Dear Friend of GATA and Gold:

Read more about Justice Dept. won't do anything about metals market rigging, GATA chairman says

First Majestic Silver's Neumeyer elaborates on market manipulation complaint to CFTC

Submitted by cpowell on Sun, 2015-06-21 16:14 Section: Daily Dispatches

4:14p ET Sunday, June 21, 2015

Dear Friend of GATA and Gold:

Read more about First Majestic Silver's Neumeyer elaborates on market manipulation complaint to CFTC

World Gold Council endorses Indian government's gold paperization plan

Submitted by cpowell on Fri, 2015-06-19 23:29 Section: Daily Dispatches

World Gold Council Welcomes Government's Draft Policy on Sovereign Gold Bonds

From The Press Trust of India
via The Times of India, Mumbai
Friday, June 19, 2015

NEW DELHI -- The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said today.

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So why don't South African mines and unions agitate against gold price suppression?

Submitted by cpowell on Fri, 2015-06-19 13:34 Section: Daily Dispatches

South African Mine Employers to Offer Unions Pay Linked to Gold Price

From Platt's, London
Friday, June 19, 2015

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Greece needs its gold to back a new currency, Commerzbank says

Submitted by cpowell on Fri, 2015-06-19 10:52 Section: Daily Dispatches

Greek Gold Sales to Raise Funds Seen Unlikely by Commerzbank

By Eddie van der Walt
Bloomberg News
Friday, June 19, 2015

Greece is unlikely to resort to selling gold because disposing of the hoard valued at about $4.3 billion would only postpone a default, Commerzbank AG said.

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Bloomberg News confirms Texas' gold isn't at NY Fed

Submitted by cpowell on Fri, 2015-06-19 10:48 Section: Daily Dispatches

There's a Pile of Gold in Manhattan, and Texas Wants It Back

By Lauren Etter
Bloomberg News
Friday, June 19, 2015

Texas wants its gold back from the Yankees, wherever they're keeping it.

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Indian bond proposal aims to paperize gold

Submitted by cpowell on Fri, 2015-06-19 10:44 Section: Daily Dispatches

India Proposes Gold-Linked Bonds to Lower Bullion Imports

By Rajendra Jadhav and A. Ananthalakshmi
Bloomberg News
Friday, June 19, 2015

India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.