Daily Dispatches

Senate report criticizes Goldman and JPMorgan over their roles in commodities market

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By Nathaniel Popper and Peter Eavis
The New York Times
Wednesday, November 19, 2014

http://dealbook.nytimes.com//2014/11/19/senate-report-criticizes-goldman...

Support for Swiss gold referendum proposal weakens as campaign heats up

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By Katharina Bart and Jan Harvey
Reuters
Wednesday, November 19, 2014

Support among Swiss voters for a referendum proposal that would force a huge increase in the central bank's gold reserves has slipped to 38 percent, an opinion poll showed on Wednesday, falling short of the majority backing it needs to become law.

Gold is being pounded to discourage support for Swiss initiative, Davies tells KWN

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4:41p ET Wednesday, November 19, 2014

Dear Friend of GATA and Gold:

Koos Jansen: Why did European central banks sell gold?

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10:53a ET Wednesday, November 19, 2014

Dear Friend of GATA and Gold:

Jim Otis: An open letter to monetary metals mining executives

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12:01a ET Wednesday, November 19, 2014

Dear Friend of GATA and Gold:

In an essay posted at Kitco, blogger Jim Otis itemizes the simple ways monetary metals mining companies could fight suppression of the price of their product in the futures markets. Otis' advice is headlined "An Open Letter to Mining Company Executives" and it's posted here:

German gold repatriation movement is going strong, Peter Boehringer tells KWN

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11:55p ET Tuesday, November 18, 2014

Dear Friend of GATA and Gold:

One way or another, Ukraine's gold reserves have gone away

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1:23p ET Tuesday, November 18, 2014

Dear Friend of GATA and Gold:

Zero Hedge reports today that one way or another, Ukraine's gold reserves have disappeared:

http://www.zerohedge.com/news/2014-11-18/ukraine-admits-its-gold-gone

A report about their supposed removal from Kiev in the dead of night last March is posted at GATA's Internet site here:

http://www.gata.org/node/13754

Platinum miners realize that their metal is money

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Maybe gold miners will figure it out for their own metal eventually as well.

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Platinum Producers Launch Trade Body to Attract Asset Investors

By Arthur England
Financial Times, London
Tuesday, November 18, 2014

Despite gold's rebound, backwardation has gotten worse, Turk tells KWN

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11:13p ET Monday, November 17, 2014

Dear Friend of GATA and Gold:

Despite the big increase in the gold price over the last week, backwardation in the monetary metal has gotten worse, GoldMoney founder and GATA consultant James Turk tells King World News tonight. Turk adds that gold shorts seem to be operating on a hair trigger. An excerpt from the interview is posted at the KWN blog here:

Lending gold pays record high as 400-oz bars are lost to insatiable Asian demand

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Gold Lending Rate Most Negative Since 2001 on Longer Refining

By Nicholas Larkin and Laura Clarke
Bloomberg News
Monday, November 17, 2014

LONDON -- The rate at which gold is lent for dollars is the most negative in 13 years as refineries spend longer recasting bars from vaults to meet demand from Asia, where consumers prefer smaller ingots and jewelry.

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