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Daily Dispatches
France's Hollande proposes creation of euro-zone government
Submitted by cpowell on Sun, 2015-07-19 10:15 Section: Daily DispatchesBy Angeline Benoit
Bloomberg News
Sunday, July 19, 2015
French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget and parliament to cooperate better and overcome the Greek crisis.
Koos Jansen: China likely has more gold than announced but isn't ready to rock the world
Submitted by cpowell on Sun, 2015-07-19 08:58 Section: Daily Dispatches9a ET Sunday, July 19, 2015
Dear Friend of GATA and Gold:
And now for what is probably the most informed analysis of last week's announcement by the People's Bank of China about its gold reserves -- the analysis by gold researcher and GATA consultant Koos Jansen.
Jansen's main assertions:
1) The announced reserve total is probably an understatement of actual reserves.
Central bank interventions overwhelm markets, Pento tells KWN
Submitted by cpowell on Sat, 2015-07-18 20:27 Section: Daily Dispatches8:25p ET Saturday, July 18, 2015
Dear Friend of GATA and Gold:
At KWN, China's gold reserves announcement ridiculed by Leeb, von Greyerz, Maguire
Submitted by cpowell on Sat, 2015-07-18 11:35 Section: Daily Dispatches11:34a ET Saturday, July 18, 2015
Dear Friend of GATA and Gold:
In interviews with King World News, fund managers Stephen Leeb and Egon von Greyerz and London metals trader Andrew Maguire ridicule Friday's announcement by China about its gold reserves, which, they maintain, are much greater than announced. The interviews are posted here:
Market rigging cited in gold discussion with O'Byrne, Eliseo, Suchecki, Stoeferle
Submitted by cpowell on Sat, 2015-07-18 11:10 Section: Daily Dispatches11:10a ET Saturday, July 18, 2015
Dear Friend of GATA and Gold:
An hour-long discussion about world market conditions and gold, conducted this week, includes GoldCore's Mark O'Byrne, ABC Bullion's Jordan Eliseo, the Perth Mint's Bron Suchecki, and Incrementum's Ron Stoeferle, and manipulation of the gold market is a major topic. The discussion is linked from GoldCore's Internet site here:
Tocqueville's Hathaway summarizes and updates the gold suppression scheme
Submitted by cpowell on Sat, 2015-07-18 10:55 Section: Daily Dispatches10:55a ET Saturday, July 18, 2015
Dear Friend of GATA and Gold:
In his new gold strategy letter, Tocqueville Asset Management's senior portfolio manager, John Hathaway, updates and summarizes the central bank gold price suppression scheme, which is getting more obvious every day with the counterintuitive behavior of the markets.
Hathaway writes:
Bron Suchecki: Where did 110 tonnes of CME Hong Kong gold go?
Submitted by cpowell on Fri, 2015-07-17 20:33 Section: Daily Dispatches8:35p ET Friday, July 17, 2015
Dear Friend of GATA and Gold:
New York Sun: The Hubris of the Fed
Submitted by cpowell on Fri, 2015-07-17 20:20 Section: Daily DispatchesFrom The New York Sun
Friday, July 17, 2015
China finally says how much gold it has, but nobody believes it
Submitted by cpowell on Fri, 2015-07-17 20:02 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch.com
Friday, July 17, 015
China released data on its gold holdings for the first time in about six years, but investors say the guessing game about the country's actual inventory continues.
China's official gold reserves total is still phony -- and so is most everybody else's
Submitted by cpowell on Fri, 2015-07-17 18:58 Section: Daily Dispatches7:41p ET Friday, July 17, 2015
Dear Friend of GATA and Gold:
Most people in the gold business seem disappointed with China's announcement today of its gold reserve total, which, as Sharps Pixley CEO Ross Norman told The Wall Street Journal, was only about half of what the market expected, since it was the first updating of gold reserves by the People's Bank of China in six years:








