Daily Dispatches

Swiss gold refineries to reopen at sharply reduced capacity

Submitted by cpowell on Sun, 2020-04-05 12:58 Section: Daily Dispatches

Swiss Gold Refiners to Resume Work, Easing Supply Constraints

By Peter Hobson
Reuters
Sunday, April 5, 2020

LONDON -- Three of the biggest gold refineries says they will partially reopen after a two-week closure that disrupted global supply of the metal.

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How much gold does China really have and how will it be used?

Submitted by cpowell on Sat, 2020-04-04 13:24 Section: Daily Dispatches

1:43p ET Saturday, April 4, 2020

Dear Friend of GATA and Gold:

A friend writes:

"Here's a question for you.

"People like GoldMoney's Alasdair Macleod have stated that China has 20,000 to 25,000 tonnes of gold. Does this total refer just to the People's Bank of China or does it include all the gold that the central bank and the people of China have?

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Miners are back, so follow them with Tom Calandra's report and help GATA

Submitted by cpowell on Sat, 2020-04-04 11:46 Section: Daily Dispatches

11:50a Saturday, April 4, 2020

Dear Friend of GATA and Gold:

Now that the monetary metals industry is suddenly back in business after a couple of weeks in which the metals were smashed in the futures markets to prepare the way for distribution of infinite money, financial letter writer Thom Calandra is renewing his generous offer to GATA supporters.

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Bloomberg News resentfully notices that gold is starting to win

Submitted by cpowell on Sat, 2020-04-04 01:16 Section: Daily Dispatches

Gold Bugs Finally See Their Predictions of Doom Coming True

By Eddie van der Walt, Ranjeetha Pakiam, and Jan-Patrick Barnert
Bloomberg News
Friday, April 3, 2020

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Alasdair Macleod: A primer for gold newbies

Submitted by cpowell on Fri, 2020-04-03 16:33 Section: Daily Dispatches

By Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, April 2, 2020

The purpose of this article is purely educational.

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Dave Kranzler: The Comex does not really trade gold, just derivatives

Submitted by cpowell on Fri, 2020-04-03 12:57 Section: Daily Dispatches

By Dave Kranzler
Investment Research Dynamics, Denver
Friday, April 3, 2020

Unequivocally, gold does not trade on the Comex. The Comex trades paper gold derivatives. It is a futures and options exchange on which a small amount of 100-ounce gold bars changes ownership each contract month.

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Ronan Manly: The bullion banks are panicking

Submitted by cpowell on Fri, 2020-04-03 10:46 Section: Daily Dispatches

10:49a ET Friday, April 3, 2020

Dear Friend of GATA and Gold:

The London Bullion Market Association and the New York Commodities Exchange, Bullion Star researcher Ronan Manly writes today, have issued another misleading statement in an effort to calm the gold market and discourage investors from converting to real metal their mere paper claims to gold.