Daily Dispatches

Mitsui to shut precious metals business in London and New York, sources tell Reuters


By Clara Denina
Monday, October 12, 2015

LONDON -- Mitsui will close its precious metals businesses in London and New York at the end of this year, two sources familiar with the situation said, due to sliding commodity prices and more stringent regulation.

"Mitsui is shutting down precious in London and New York in December," one source said.

'Gold bugs' aren't the great concealers; central banks and financial journalists are


9p ET Sunday, October 11, 2015

Dear Friend of GATA and Gold:

MarketWatch columnist Brett Arends may win this year's award for the most disinformation in financial commentary about gold. His October 9 column, "Here's the Chart Gold Bugs Don't Want You to See" --


Fed officials seem ready to deploy negative rates in next crisis


By Greg Robb
MarketWatch.com, New York
Saturday, October 10, 2015

Federal Reserve officials now seem open to deploying negative interest rates to combat the next serious recession even though they rejected that option during the darkest days of the financial crisis in 2009 and 2010.

IMF and World Bank disagree about competitive devaluations


The Real Fight to Win the International Currency Wars

By Mehreen Khan
The Telegraph, London
Saturday, October 10, 2015

China's decision to tweak its exchange rate peg with the dollar in August provoked reactionary howls of derision -- from the United States to India -- that Beijing was gearing up for a new wave of international currency warfare.

But do currency wars really work?

LBMA invites proposals on how to improve London's gold market


Why not start by getting rid of the LBMA?

* * *

LBMA Invites Proposals on How to Improve London's Gold Market

By Eddie Van Der Walt
Bloomberg News
Friday, October 9, 2015


Koos Jansen: The Chinese gold market -- lost in translation


12:58p ET Friday, October 9, 2015

Dear Friend of GATA and Gold:

Bron Suchecki: Bundesbank's gold bar list would fail an audit


11:59a ET Friday, October 9, 2015

Dear Friend of GATA and Gold:

Perth Mint research director Bron Suchecki agrees today that the German Bundesbank's gold bar list, published this week, is completely inadequate and would never be sufficient for audit purposes.

Bron Suchecki: OCC precious metal derivatives fat finger


2:40p ET Thursday, October 8, 2015

Dear Friend of GATA and Gold:

Alasdair Macleod: China and the dollar


By Alasdair Macleod
GoldMoney.com, St. Hellier, Jersey, Channel Islands
Thursday, October 8, 2015

With the benefit of hindsight, the two-day devaluation of the yuan in mid-August might have been a masterstroke of strategy.

Peter Boehringer: Bundesbank still has failed to deliver a gold bar list


1:08p ET Thursday, October 8, 2015

Dear Friend of GATA and Gold:

Peter Boehringer, leader of the campaign to repatriate Germany's national gold reserves, today brilliantly dismantles the Bundesbank's claim yesterday to have accounted for those reserves.

Syndicate content