Daily Dispatches

San Diegans shun chance to get $160 silver bar for $10

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4:32p ET Thursday, June 25, 2015

Dear Friend of GATA and Gold:

Political provocateur Mark Dice today posted an amusing video demonstrating the financial ignorance of pedestrians outside a coin shop in San Diego, California, where he tried without success to sell a 10-ounce silver bar for $10, about $150 less than what the shop presumably would have purchased it for.

TF Metals Report: The silver short bubble

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3:45p ET Wednesday, June 24, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today marvels at the record open interest in silver futures on the New York Commodity Exchange, which, he argues, is a "short bubble" about to pop.

Another excuse for U.S. government to keep shorting gold futures

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Terror Group Supporters Reveal Photographs of Gold Coins on Social Media

From the Daily Mail, London
Tuesday, June 23, 2015

ISIS supporters have been showing off the depraved jihadi group's latest propaganda ploy on social media -- the Islamic State's own currency.

Zero Hedge: Gold and silver slammed in mini-flash crash

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From Zero Hedge, New York
Wednesday, June 24, 2015

Fifteen minutes after GDP data was released -- showing Q1 was indeed as weak as expected and inventories suggesting Q2 will be just as weak -- someone decided it was an appropriate time to dump over half a billion dollars of notional gold on the futures market. ...

... For the remainder of the report:

New York Sun: The Bernanke ten-spot

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From the New York Sun
Tuesday, June 23, 2015

Now he tells us. The former chairman of the Federal Reserve, Ben Bernanke, is claiming in a blog post that he's a huge fan of Alexander Hamilton.

Ronan Manly: London gold fix prior to this year wasn't really so primitive

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11:20p ET Monday, June 22, 2015

Dear Friend of GATA and Gold:

Ted Butler: The ultimate confirmation

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10:02p ET Monday, June 22, 2015

Dear Friend of GATA and Gold:

Larry Parks: Free trade is impossible when one side controls trade currency

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1:40p ET Monday, June 22, 2015

Dear Friend of GATA and Gold:

Free trade is impossible when one side in the transaction has exclusive power to issue the currency in which trade is conducted, Larry Parks, executive director of the Foundation for the Advancement of Monetary Education, writes this week.

India's central bank opposes letting commercial banks count gold as money

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RBI Opposes Finance Ministry Plan to Use Gold Deposits as Bank CRR

From The Times of India, Mumbai
Monday, June 22, 2015

NEW DELHI -- The Centre's attempt at monetising gold lying with Indian households may face a roadblock with the Reserve Bank of India writing to the finance ministry opposing a plan to use gold deposits for bank Cash Reserve Ratios.

China Construction Bank said preparing to join London gold price fix

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ICE Benchmark Administration Announces Two New Direct Participants to the Gold Auction

Company Press Release
via Business Wire
Monday, June 22, 2015

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