Daily Dispatches

Analyze THIS, technically -- Part Umpteen

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3:15p ET Tuesday, July 5, 2016

Dear Friend of GATA and Gold:

Taking another look at gold futures market positioning, the TF Metals Report today says the collapse of the always-short bullion banks has gotten closer:

http://www.tfmetalsreport.com/blog/7700/onward-toward-bullion-bank-colla...

Avery Goodman: It's easy to calculate the fair-market value of gold

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By Avery B. Goodman
Tuesday, July 5, 2016

David Jensen: Detonation of the LBMA -- it wasn't Brexit, Governor Carney

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9:25a ET Tuesday, July 5, 2016

Dear Friend of GATA and Gold:

The Bank of England has been suppressing gold prices by facilitating the London Bullion Market Association's creation of unbacked "paper gold" but the market has figured out the scheme and may be about the destroy the LBMA, market analyst and mining executive David Jensen writes.

Just making sure currency markets stayed free and unmanipulated (by anyone else)

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Analyze THIS, technically.

* * *

Banks Saw Unprecedented Step Up in Market Supervision Around UK Vote

By Patrick Graham
Reuters
Monday, July 4, 2016

Ronan Manly: Bullion coin sales boost revenues of world's largest mints

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By Ronan Manly
BullionStar.com, Singapore
Monday, July 4, 2016

The world's major precious metals mints are riding high on the back of extremely strong global bullion coin demand and relatively buoyant gold and silver prices. These mints are predominantly run as commercial enterprises.

Gold has outperformed currencies and stocks, von Greyerz tells KWN

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6:07p ET Monday, July 4, 2016

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, says that for many years gold has been outperforming both currencies and stocks and that, indeed, stock appreciation has been illustory. An excerpt from von Greyerz's interview is posted at KWN here:

China buyers drive silver prices higher

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By Rhiannon Hoyle
The Wall Street Journal
Monday, July 4, 2016

SYDNEY, Australia -- The price of silver surged to a two-year high on Monday as buyers in China made bold bets in the futures market and scooped up vast volumes of physical metal.

Gold to hit record in 18 months as bond yields crash, Swiss Asia Capital's Kiener says

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By Huileng Tan
CNBC, New York
Monday, July 4, 2016

Gold prices may hit all-time highs in the next 18 months amid low to negative global bond yields, said a fund manager on Monday, joining a chorus of bullish calls on the safe haven commodity.

The 500 tons of gold that show global rise in investor angst

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By Ranjeetha Pakiam
Bloomberg News
Sunday, July 3, 2016

Global gold holdings have expanded by more than 500 metric tons since bottoming in January in a signal of investors' rising concern about slowing growth, a Federal Reserve that's probably on hold, and the ructions caused by Britain's vote to quit the European Union.

GoldSeek interview with GATA secretary covers gold suppression comprehensively

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9:50p ET Sunday, July 3, 2016

Dear Friend of GATA and Gold:

GoldSeek Radio and its host, Chris Waltzek, have given your secretary/treasurer an opportunity to explain gold price suppression in a comprehensive interview.

Among your secretary/treasurer's observations:

-- Central banks obscure their gold transactions to facilitate their currency market interventions.

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