Daily Dispatches

Despite lousy sentiment, gold and silver are doing well this year, Turk tells KWN


4:15p ET Monday, July 3, 2017

Dear Friend of GATA and Gold:

Gold and silver have done well in the first half of the year despite the terrible sentiment in the monetary metals sector, GoldMoney founder and GATA consultant James Turk tells King World News today, adding that both the monetary meals are in backwardation in the futures markets. Turk's comments are posted at KWN here:

Ronan Manly: How many silver bars are in the LBMA vaults in London?


7:14a ET Monday, July 3, 2017

Dear Friend of GATA and Gold:

Digital-payments firm Paytm joins jewellers in India to promote gold


Paytm Goes Gaga over Gold

By Yuthika Bhargave
The Hindu, Chennai, India
Saturday, July 2, 2017


Paytm, which has sold more than 100 kilograms of gold on its platform, is in discussions with jewellers across the country to enable buyers to redeem their digital gold in the form of jewellery.

Few in U.S. want gold and silver coins when stocks seem strong


U.S. Mint's 1st-Half Sales of American Eagle Gold Coins Weakest Since 2007

By Marcy Nicholson
Friday, June 30, 2017

U.S. Mint American Eagle gold coin sales in the first half of 2017 were the lowest for this period in a decade, while sales of silver in the period were the weakest since 2008, government data showed on Friday. ...

Romania hit by $4.4-billion damage claim over stalled gold mine project


By Neil Buckley
Financial Times, London
Thursday, June 29, 2017

A Toronto-listed mining company is claiming $4.4 billion in damages from Romania at the World Bank's arbitration tribunal, accusing Bucharest of unfairly blocking its $2 billion project to create one of Europe's biggest gold mines and expropriating its assets.

Bullion Star's gold demand charts for June


11:47p ET Wednesday, June 28, 2017

Dear Friend of GATA and Gold:

Bullion Star's gold demand charts for June, posted today, suggest that people outside North America remain eager to get the monetary metal:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

TF Metals Report explains why gold isn't rising despite dollar index's fall


11:19a 5:18p ET Friday, June 23, 2017

Dear Friend of GATA and Gold:

With the dollar index falling, why isn't the gold price rising? The TF Metals Report explains the complications today in commentary headlined "POSX Continues to S(t)ink," which can be found here:


CHRIS POWELL, Secretary/Treasurer

Dave Kranzler: Central banks try to scare the crap out of the gold market


12:51p ET Monday, June 26, 2017

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics today quotes an explanation for today's central bank flash crash in gold, provided by gold market analyst John Brimelow of John Brimelow's Gold Jottings report:

Financial Times calls gold's flash crash 'mysterious'


But the newspaper will be damned before it puts to central banks any questions about their gold trading.

* * *

Gold Remains Under Pressure After Mysterious Drop

By Adam Samson
Financial Times, Lodon
Monday, June 26, 2017

Gold, one of this year's best-performing commodities, is still pinned around the day's lows after a mysterious tumble earlier today.

David Haggith: Central banks buying stocks have rigged U.S. market beyond recovery


12:05p ET Monday, June 26, 2017

Dear Friend of GATA and Gold:

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