Daily Dispatches

Reuters: South Africa to promote platinum as central bank reserve asset

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So why haven't they figured this out for gold too? Are there no patriots in South Africa's government?

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South African Mine Industry Job Plan Targets Platinum as Central Bank Reserve Asset

By Ed Stoddard
Reuters
Wednesday, August 26, 2015

At KWN, Maguire cites 'permanent' backwardation, repatriation delays

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3p ET Friday, August 28, 2015

Dear Friend of GATA and Gold:

Interviewed today by King World News, London metals trader Andrew Maguire describes increasing strains in the gold banking system, including "permanent" backwardation and delays in gold repatriations. Maguire's interview is excerpted at the KWN blog here:

TF Metals Report: August gold delivery update

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10:35a ET Friday, August 28, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today reviews deliveries reported for August gold contracts on the New York Commodities Exchange and concludes:

Is the Fed behind the stock market and commodity crashes?

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5:32p ET Thursday, August 27, 2015

Dear Friend of GATA and Gold:

Suspicion is growing that the Federal Reserve is behind the crash of the stock market as well as the crash of the commodity market.

Financial writer Charles Hugh Smith, in commentary reposted at Zero Hedge yesterday, headlined his analysis "What If the Crash Is as Rigged as Everything Else?":

Avery Goodman: Fed spent $23 billion in three days but still had trouble pushing up stocks

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5:03p ET Thursday, August 27, 2015

Dear Friend of GATA and Gold:

Mike Kosares: Key trade in gold market signals China's intentions

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1:14p ET Thursday, August 27, 2015

Dear Friend of GATA and Gold:

Despite the slowing of its economy, China will have increasing influence on the price of gold and will push the gold trade toward physical delivery, USAGold's Michael Kosares writes today. His commentary is headlined "Key Trade in Gold Market Signals China's Intentions" and it's posted at USAGold's Internet site here:

Alasdair Macleod: Economics of a crash

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By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, August 27, 2015

New York Sun: Another 'barbarous relic'

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Another 'Barbarous Relic'

From the New York Sun
Thursday, August 27, 2015

China sells U.S. Treasuries to support yuan

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From Bloomberg News
Thursday, August 27, 2015

China has cut its holdings of U.S. Treasuries this month to raise dollars needed to support the yuan in the wake of a shock devaluation two weeks ago, according to people familiar with the matter.

Dave Kranzler: Silver shortage update -- another delay from Apmex

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3:40p ET Wednesday, August 26, 2015

Dear Friend of GATA and Gold:

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