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Daily Dispatches
Alasdair Macleod: A potential crisis in Comex gold
Submitted by cpowell on Tue, 2020-07-07 20:30 Section: Daily Dispatches8:30p Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod writes tonight that it seems increasingly difficult for bullion banks to cover their short positions in gold futures in New York.
Craig Hemke at Sprott Money: Sinking real rates drive gold higher
Submitted by cpowell on Tue, 2020-07-07 19:57 Section: Daily Dispatches7:58p Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
Gold's rising price closely correlates with the trend toward negative real interest rates, the TF Metals Report's Craig Hemke explains today in commentary at Sprott Money.
USAGold's July letter: Gold has had a very good year and it's only half over
Submitted by cpowell on Tue, 2020-07-07 11:46 Section: Daily Dispatches11:46a Tuesday, July 7, 2020
Dear Friend of GATA and Gold:
USAGold's July newsletter, written by proprietor Mike Kosares, notes gold's unusual strength during what are supposed to be its summer doldrums. The newsletter also reports the growing belief in gold's prospects among major investment banks. "Gold," Kosares writes, "has had a very good year and it's only half over."
BMG's Nick Barisheff plans for gold business without Scotiabank
Submitted by cpowell on Mon, 2020-07-06 12:22 Section: Daily Dispatches12:23p ET Monday, July 6, 2020
Dear Friend of GATA and Gold:
Frenzy of deals by China's state gold miners may stall on regulatory hurdles from Canada, Australia
Submitted by cpowell on Mon, 2020-07-06 11:12 Section: Daily DispatchesBy Jeff Lewis and Melanie Burton
The Globe and Mail, Toronto
Monday, July 6, 2020
Growing scrutiny by mineral-rich Australia and Canada may cut short a deal frenzy led by China's state miners and limit Beijing's role in gold-sector consolidation, bankers and analysts said.
Gold miners glitter as spot price nears 9-year high
Submitted by cpowell on Mon, 2020-07-06 11:03 Section: Daily DispatchesBy Neil Hume
Financial Times, London
Monday, July 6, 2020
Gold miners' share prices are soaring with the value of the precious metal, while increased dividends are helping push these stocks higher still.
Ronan Manly: Comex gold supplies weren't 'healthy' as claimed
Submitted by cpowell on Mon, 2020-07-06 10:47 Section: Daily Dispatches10:50a ET Monday, July 6, 2020
Dear Friend of GATA and Gold:
Three months ago amid chaos in the gold market, Bullion Star researcher Ronan Manly recalls today, the London Bullion Market Association and CME Group, operator of the New York Commodities Exchange, declared that gold supplies in New York were "healthy."
They weren't.
Interviews with GATA's Bill Murphy, bullion dealer Andy Schectman, and market analyst Michael Oliver
Submitted by cpowell on Sun, 2020-07-05 11:17 Section: Daily Dispatches11:15a ET Sunday, July 5, 2020
Dear Friend of GATA and Gold:
Two interviews of interest today.
At Arcadia Economics, Chris Marcus talks about the prospects for the monetary metals with GATA Chairman Bill Murphy and Andy Schectman of the Miles Franklin bullion shop. The interview is 33 minutes long and can be heard at You Tube here:
Profit in mining shares and help GATA -- subscribe to The Calandra Report
Submitted by cpowell on Sat, 2020-07-04 09:23 Section: Daily Dispatches9:23a ET Saturday, July 4, 2020
Dear Friend of GATA and Gold:
With gold and silver straining to break higher and their mining shares already starting to fly, our friend Thom Calandra's financial letter is an ever-more compelling read, and Thom is renewing his generous offer to GATA and to GATA supporters who subscribe.
Chaos in gold markets ripples to other precious metals
Submitted by cpowell on Sat, 2020-07-04 09:21 Section: Daily Dispatches"Chaos" here seems to mean the conversion of trading paper to trading real metal.
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By Justina Vasquez
Bloomberg News
Friday, July 3, 2020
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