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Daily Dispatches
Gold sales tumble at Perth Mint after rout deters buyers
Submitted by cpowell on Thu, 2013-07-04 11:04 Section: Daily DispatchesBy Phoebe Sedgman
Bloomberg News
Thursday, July 4, 2013
http://www.bloomberg.com/news/2013-07-04/gold-sales-slump-at-australia-s...
MELBOURNE, Australia -- Gold sales from Australia's Perth Mint, which refines nearly all of the bullion mined in the country, declined for a second month in June as prices extended a bear-market slump, deterring buyers.
Huge premium on gold in India as government tries to destroy the industry
Submitted by cpowell on Wed, 2013-07-03 14:25 Section: Daily DispatchesGold at a Huge Premium as Imports Dry Up;
Survival of Small Jewellers at Stake
By Sutanuka Ghosal
The Times of India, Mumbai
Wednesday, July 3, 2013
http://economictimes.indiatimes.com/markets/commodities/gold-at-a-huge-p...
Jan Skoyles: London gold market is too secret to judge its reliability
Submitted by cpowell on Wed, 2013-07-03 13:49 Section: Daily Dispatches1:40p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Stoeferle stresses that gold production has little effect on price
Submitted by cpowell on Wed, 2013-07-03 13:35 Section: Daily Dispatches1:30p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Elaborating on his seventh annual "In Gold We Trust" report on the gold market --
http://www.incrementum.li/research-analysis/in-gold-we-trust-2013/
Mark Mahaffey: Where has all the gold gone?
Submitted by cpowell on Wed, 2013-07-03 13:03 Section: Daily Dispatches1p ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Hinde Capital's co-founder and chief financial officer, Mark Mahaffey, writes today that the World Gold Council's new metric for calculating gold mining costs --
http://www.gold.org/media/press_releases/archive/2013/06/guidance_note_o...
Tocqueville gold fund's Hathaway earns a probationary tin-foil hat
Submitted by cpowell on Wed, 2013-07-03 08:52 Section: Daily Dispatches9a ET Wednesday, July 3, 2013
Dear Friend of GATA and Gold:
Tocqueville gold fund manager John Hathaway's new investor letter attributes the recent fall in the gold price to a bear raid by investment banks and hedge funds doing naked shorting.
Another gold market observer suspects West-to-East arbitrage
Submitted by cpowell on Tue, 2013-07-02 16:27 Section: Daily Dispatches4:26p ET Tuesday, July 2, 2013
Dear Friend of GATA and Gold:
UBS opens gold vault in Singapore
Submitted by cpowell on Tue, 2013-07-02 14:20 Section: Daily DispatchesBy Francesa Freeman and Clementine Wallop
The Wall Street Journal
Tuesday, July 2, 2013
http://online.wsj.com/article/SB1000142412788732393640457858134142731584...
Swiss bank UBS said Tuesday that for the first time it has started storing gold in Asia, a move that reflects continued strong demand for the precious metal in the region as Western investors dump their holdings.
Gene Arensberg: Comex commercials nearly net long gold
Submitted by cpowell on Tue, 2013-07-02 13:49 Section: Daily Dispatches1:46p ET Tuesday, July 2, 2013
Dear Friend of GATA and Gold:
Gene Arensberg's new edition of the Got Gold Report focuses on the remarkable transformation of the largest commercial traders from short to long gold.
Arensberg writes:
Turk suspects panic dishoarding of Western gold to rescue insolvent banks
Submitted by cpowell on Tue, 2013-07-02 13:14 Section: Daily Dispatches1:22p ET Tuesday, July 2, 2013
Dear Friend of GATA and Gold:
Unprecedented volumes of gold are moving around the world, probably about 500 tonnes each month, GoldMoney founder and GATA consultant James Turk tells King World News today, and he says it likely is a matter of panic dishoarding by Western central banks to rescue failing commercial banks.