Daily Dispatches

London gold dealers report surge in coin, bar demand on Brexit vote

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By Jan Harvey
Reuters
Friday, June 24, 2016

LONDON -- Gold dealers in London reported surging demand for coins and bars on Friday, with some saying stocks were tight, after a shock vote for Britain to leave the European Union sent financial markets into meltdown and drove the pound lower.

Alasdair Macleod: The consequences of leaving the party

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By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Friday, June 24, 2016

The collective decision of the British electorate is to reject the recommendation of its government, excepting those of its few dissenting ministers, that Britain should remain in Europe.

Rule, Britannia! Britannia, rule THYSELF!

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The nations not so blest as thee
Must in their turn to tyrants fall,
While thou shalt flourish great and free,
The dread and envy of them all.

* * *

Britain Votes to Leave the European Union

By Steven Erlanger
The New York Times
Friday, June 24, 2016

GATA secretary explains gold price suppression and news suppression

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10:29p ET Thursday, June 23, 2016

Dear Friend of GATA and Gold:

Gold is suppressed and likely will correct overnight, BMG's Barisheff tells USA Watchdog

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7:45p ET Wednesday, June 22, 2106

Dear Friend of GATA and Gold:

TF Metals Report: Gold cartel will face trouble no matter how Britain votes

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5:25p ET Wednesday, June 22, 2016

Dear Friend of GATA and Gold:

GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal

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10:04a ET Wednesday, June 22, 2016

Dear Friend of GATA and Gold:

GoldCore's Mark O'Byrne, citing confidential "senior sources at the highest level of the gold bullion industry," writes today that "illiquidity" and "supply issues" have caused "panic" in the institutional gold market, with some bullion banks cautioning that they may have to suspend trading of physical gold.

Euroclear looks to apply blockchain to gold market

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By Philip Stafford
Financial Times, London
Tuesday, June 21, 2016

Euroclear, one of the world's largest settlement houses, is to make its first foray into emerging blockchain technology by exploring creating a new settlement system for the London gold market.

Brexit fears prompting savers to stuff gold bars in safes at home

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By Kate Morley and Richard Dyson
The Telegraph, London
Tuesday, June 21, 2016

Worried savers are buying gold bars and stuffing them in safes at home, data suggests, as fears mount that a Brexit-induced financial meltdown could be just around the corner.

Fed's Powell warns that dollar-based Libor could disappear

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By Jason Lange and Jonathan Spicer
Financial Times, London
Tuesday, June 21, 2016

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