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Daily Dispatches
Turk tells KWN when it's easy and when it's hard to suppress gold
Submitted by cpowell on Mon, 2015-05-04 19:29 Section: Daily Dispatches7:30p ET Monday, May 4, 2015
Dear Friend of GATA and Gold:
Embry, in KWN interview, slams Kitco for anti-gold propaganda
Submitted by cpowell on Mon, 2015-05-04 12:27 Section: Daily Dispatches12:25p ET Monday, May 4, 2015
Dear Friend of GATA and Gold:
Kitco.com has become an Internet site of anti-gold propaganda, Sprott Asset Management's John Embry tells King World News today. Embry adds that he fears that Canada's real-estate bubble is about to pop, devastating recent buyers. An except from the interview is posted at the KWN blog here:
Reserve Bank says no sign of misconduct in trading of Australian dollar
Submitted by cpowell on Mon, 2015-05-04 12:04 Section: Daily DispatchesFrom Reuters
via South China Morning Post, Hong Kong
Monday, May 3, 2015
SYDNEY -- Australia's securities regulator said today it could not find any signs of market misconduct in trading of the local dollar moments ahead of recent central bank interest rate decisions.
Gold paperization in India won't be happening any time soon
Submitted by cpowell on Sun, 2015-05-03 16:27 Section: Daily Dispatches4:30p ET Sunday, May 3, 2015
Dear Friend of GATA and Gold:
Sprott's John Embry interviewed by Dave Kranzler of Investment Research Dynamics
Submitted by cpowell on Fri, 2015-05-01 22:19 Section: Daily Dispatches10:17p ET Friday, May 1, 2015
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry was interviewed this week by Dave Kranzler of Investment Research Dynamics, discussing the suppression of the monetary metals markets and the possible triggers for their breakouts. The interview is 40 minutes long and it's posted at YouTube here:
London gold is too tight for traders to risk arbitrage, Maguire tells KWN
Submitted by cpowell on Fri, 2015-05-01 13:24 Section: Daily Dispatches1:23p ET Friday, May 1, 2015
Dear Friend of GATA and Gold:
London's gold market is heavily in backwardation, offering lucrative arbitrage opportunities that traders won't take because they fear that they won't be able to recover metal they sell short, London metals trader Andrew Maguire tells King World News today.
CME Group suspends two gold traders for 60 days for spoofing
Submitted by cpowell on Thu, 2015-04-30 22:17 Section: Daily DispatchesCME Group Bars Two Gold Futures Traders for Allegedly Spoofing
By Ann Saphir
Reuters
Thursday, April 30, 2015
CME Group Inc. on Thursday barred two traders from its markets for allegedly colluding to enter orders repeatedly with no intention of trading, a strategy that has been fingered as a key contributor to the 2010 Wall Street flash crash.
Alasdair Macleod: Why deflation is unlikely
Submitted by cpowell on Thu, 2015-04-30 20:18 Section: Daily Dispatches8:18p ET Thursday, April 30, 2015
Dear Friend of GATA and Gold:
Central banks consider joining the LBMA. (So much for transparency.)
Submitted by cpowell on Thu, 2015-04-30 15:51 Section: Daily Dispatches4p ET Thurday, April 30, 2015
Dear Friend of GATA and Gold:
Central banks have expressed interest in joining the London Bullion Market Association, which pretty much runs the London gold market, according to a report by the LBMA's chief executive officer in the May edition of its newsletter, The Alchemist.
For now, India brushes off concerns over gold import spike
Submitted by cpowell on Wed, 2015-04-29 08:27 Section: Daily DispatchesBy Suvashree Choudhury and Meenakshi Sharma
Reuters
Wednesday, April 29, 2015
MUMBAI, India -- Weak oil and commodity prices are offsetting concerns at India's central bank over the impact of a spike in gold imports on the broader economy, officials say, even as the industry forecasts another three months of strong buying.