Daily Dispatches

Swiss gold exports down 9% on month to 149 metric tonnes in September. ...

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... but up 4 percent for the year to date.

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By George King Cassell
Platts, London
Friday, October 21, 2016

Gold exports from Switzerland totaled 149 mt in September, down 9 percent from 163 metric tonnes in August, Swiss federal customs data showed Tuesday.

GATA Chairman Murphy interviewed by TF Metals Report

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3:53p Friday, October 21, 2016

Dear Friend of GATA and Gold:

TF Metals Report: Gold offtake at Comex explodes

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3:45p ET Friday, October 21, 2016

Dear Friend of GATA and Gold:

Gold offtake through contracts on the New York Commodities Exchange have exploded this year, the TF Metals Report's Turd Ferguson writes today. October deliveries have increased by nine times over the same month last year. His analysis is headlined "Comex Gold October 'Deliveries'" and it's posted at the TF Metals Report here:

Yuan's inclusion in SDR did nothing for gold, GATA chairman notes

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12:33a ET Friday, October 21, 2016

Dear Friend of GATA and Gold:

Jan Skoyles and Mark O'Byrne: War on cash to benefit gold?

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2:50p ET Thursday, October 20, 2016

Dear Friend of GATA and Gold:

Consumers will be hit by capital rules on gold, refiners say

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By Henry Sanderson
Financial Times, London
Thursday, October 20, 2016

Gold refiners are warning that regulators' plans that forces banks to utilise longer-term funding against their holdings of the precious metal will ultimately make it more costly for consumers buying jewellery.

Alasdair Macleod: Fiat money and gold

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By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, October 20, 2016

It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash.

Koos Jansen: The great physical gold supply-and-demand illusion

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8:24a ET Thursday, October 20, 2016

Dear Friend of GATA and Gold:

Gold researcher Koos Jansen writes today that the major companies providing analysis of demand for metals underestimate demand for gold because they treat it more as a commodity than a currency. Jansen's commentary is headlined "The Great Physical Gold Supply-and-Demand Illusion" and it's posted at Bullion Star here:

Gold in India trades at premium for first time in 9 months, dealers say

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By Rajendra Jadhav
Reuters
Wednesday, October 19, 2016

Gold prices in India swung to a premium for the first time in nine months today as jewellers and dealers in the world's No.2 consumer of the metal ramped up purchases ahead of major festivals.

ECB urges EU to curb virtual money for fear of losing control

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By Francesco Canepa
Reuters
Tuesday, October 18, 2016

FRANKFURT, Germany -- The European Central Bank wants EU lawmakers to tighten proposed new rules on digital currencies such as bitcoin, fearing they might one day weaken its own control over money supply in the euro zone.

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