Daily Dispatches

Interviews with Maguire, Embry, and Turk

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3:37p ET Friday, May 27, 2016

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News today that bullion banks and central banks are covering short positions in gold today as speculators are scared out of their longs again, the prerequisite for gold's move back up:

http://kingworldnews.com/andrew-maguire-on-the-war-in-the-gold-silver-ma...

India's banks still dragging their feet with gold monetization scheme

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By Sutanuka Ghosal
The Times of India, Mumbai
Friday, May 27, 2016

http://economictimes.indiatimes.com/industry/banking/finance/banking/ban...

Miner sees silver price surging ninefold as global gadgets boom

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By Natalie Obiko Pearson
Bloomberg News
Thursday, May 26, 2016

http://www.bloomberg.com/news/articles/2016-05-26/miner-sees-silver-pric...

Citigroup to pay $425 million to end CFTC benchmark probes

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Matt Robinson and Matthew Leising
Bloomberg News
Wednesday, May 25, 2016

Citigroup Inc. will pay $425 million to resolve U.S. Commodity Futures Trading Commission claims that the bank attempted to manipulate global benchmarks for interest-rate products multiple times from 2007 to 2012.

Nick Barisheff: The billionaires are wrong on gold

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8p ET Wednesday, May 25, 2016

Dear Friend of GATA and Gold:

Paul Brodsky: The monetary system has devalued 47% in 10 years

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10a ET Wednesday, May 25, 2016

Dear Friend of GATA and Gold:

China wants to set prices for the world's commodities

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From Bloomberg News
Wednesday, May 25, 2016

China has put the world's traditional financial centers on notice that it wants to develop its raw material markets as hubs for setting prices, seeking to marry the country's commercial heft with a much greater say in determining how much commodities cost.

Venezuela fights crisis with biggest sovereign gold sale since 2007

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By Ranjeetha Pakiam and Eddie Van Der Walt
Bloomberg News
Wednesday, May 25, 2016

Venezuela held the biggest gold sale by a central bank in eight years as the country's economic crisis deepened and the government faced concern that it may struggle to honor bond payments.

The gold mine Barrick might regret selling

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8:04p ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold:

Resource company publicist Tommy Humphreys of CEO.CA today issued a report that may be most interesting for showing how insanely cheap the junior gold mining business remains despite the rise in the monetary metal's price since the start of the year.

Embry sees dollar vulnerable, expects change in market sentiment

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5:35p ET Tuesday, May 24, 2016

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that the U.S. dollar is vulnerable because of the decline of its use in the oil trade. Embry adds that he thinks a major change in market sentiment is coming. An excerpt from the interview is posted at the KWN Internet site here:

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