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Daily Dispatches
Ronan Manly: The curious case of Comex gold deliveries
Submitted by cpowell on Fri, 2020-06-19 11:20 Section: Daily Dispatches11:18a ET Friday, June 19, 2020
Dear Friend of GATA and Gold:
Central banks capped Comex gold last week, Turk tells KWN
Submitted by cpowell on Fri, 2020-06-19 11:06 Section: Daily Dispatches11:04a ET Friday, June 19, 2020
Dear Friend of GATA and Gold:
Venezuela's rival presidents prepare to battle over gold in London vaults
Submitted by cpowell on Fri, 2020-06-19 10:56 Section: Daily DispatchesBy Angus Berwick and Mayela Armas
Reuters
Friday, July 19, 2020
In the vaults beneath the Bank of England, where foreign nations stash parts of their vast gold reserves, lie 1.7 billion euros ($1.9 billion) of disputed gold bars. Two parties claim access to them.
Alasdair Macleod: The crisis goes up a gear
Submitted by cpowell on Thu, 2020-06-18 23:32 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, June 18, 2020
Dollar-denominated financial markets appeared to suffer a dramatic change on or about the 23 March. This article examines the possibility that it marks the beginning of the end for the Fed’s dollar.
World's ultra-wealthy go for gold amid stimulus bonanza
Submitted by cpowell on Thu, 2020-06-18 22:20 Section: Daily DispatchesBy Brenna Hughes Neghaiwi and Simon Jessup
Reuters
Thursday, June 18, 2020
As stock markets roar back from the coronavirus-led rout, advisers to the world's wealthy are urging them to hold more gold, questioning the strength of the rally and the long-term impact of global central banks' cash splurge.
Regulators are kicking Scotiabank out of gold, London trader Maguire says
Submitted by cpowell on Thu, 2020-06-18 12:52 Section: Daily Dispatches12:51p ET Thursday, June 18, 2020
Dear Friend of GATA and Gold:
European Central Bank will pay banks not to shrink loan books
Submitted by cpowell on Thu, 2020-06-18 10:36 Section: Daily DispatchesBanks Borrow Record 1.31 Trillion Euros from ECB
By Balazs Koranyi
Reuters
Thursday, June 18, 2020
FRANKFURT, Germany -- Euro zone banks borrowed a record 1.31 trillion euros ($1.47 trillion) from the European Central Bank today, taking advantage of negative interest rates to meet growing demand for credit from companies hit by the deepest recession in living memory.
Perth Mint stops taking artisanal gold after sourcing allegations
Submitted by cpowell on Wed, 2020-06-17 15:24 Section: Daily DispatchesBy Swati Verma
Reuters
Wednesday, June 17, 2020
Australia's Perth Mint, one of the world's biggest gold refiners, said it would stop processing metal from artisanal and small-scale miners after allegations that it took gold dug in Papua New Guinea using child labor and toxic mercury.
Craig Hemke at Sprott Money: Declining use of EFPs hints at demise of Comex
Submitted by cpowell on Tue, 2020-06-16 22:23 Section: Daily Dispatches10:24p ET Tuesday, June 16, 2020
Dear Friend of GATA and Gold:
The collapsing number of Comex gold futures contracts being resolved by the mysterious "exchange for physicals" mechanism may foretell the collapse of the Comex and the fractional-reserve gold banking system itself, the TF Metals Report's Craig Hemke writes today at Sprott Money.
Australian Financial Review: Perth Mint annually buys up to $200 million in 'conflict gold' from murderer
Submitted by cpowell on Mon, 2020-06-15 15:08 Section: Daily DispatchesBy Angus Grigg
Australian Financial Review, Sydney
Thursday, June 11, 2020
https://www.afr.com/companies/mining/revealed-perth-mint-and-the-convict...
The Perth Mint, owned by the West Australian government, buys up to $200 million of "conflict gold" annually from a convicted killer in Papua New Guinea, a breach of its global accreditation and internal policies.