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Daily Dispatches
AngloGold Ashanti to dispose of remaining South African mines
Submitted by cpowell on Thu, 2019-05-09 11:11 Section: Daily DispatchesBy Allan Seccombe
Business Day, Johannesburg
Thursday, May 9, 2019
https://www.businesslive.co.za/bd/companies/mining/2019-05-09-anglogold-...
Congressman proposes U.S. gold audit that covers leases, swaps
Submitted by cpowell on Wed, 2019-05-08 12:15 Section: Daily DispatchesFrom Money Metals News Service, Eagle, Idaho
Wednesday, May 8, 2019
WASHINGTON -- U.S. Rep., R-West Virginia, this week introduced legislation to provide for the first audit of United States gold reserves since the Eisenhower administration.
China announces fifth straight month of growth in gold reserves
Submitted by cpowell on Wed, 2019-05-08 09:57 Section: Daily DispatchesChina's Central Bank Stocks up on Gold as It Seeks to Diversify
By Henry Sanderson
Financial Times, London
Wednesday, May 8, 2019
China's central bank added gold to its reserves for the fifth month in a row in April, the latest emerging market central bank to stock up on the yellow metal.
Craig Hemke: Two inglorious anniversaries for gold and silver
Submitted by cpowell on Tue, 2019-05-07 17:25 Section: Daily Dispatches5:25p ET Tuesday, May 7, 2019
Dear Friend of GATA and Gold:
Craig Hemke of the TF Metals Report, writing at Sprott Money, today recalls the anniversaries of the Bank of England's infamous gold sales of 1999 and what he calls the May Day Massacre of silver by JPMorganChase in 2011.
Ronan Manly: Churning membership curses London gold banking cartel
Submitted by cpowell on Mon, 2019-05-06 12:49 Section: Daily Dispatches12:50p ET Monday, May 6, 2019
Dear Friend of GATA and Gold:
Bullion Star's gold market analyst Ronan Manly today examines the churning membership of the London gold banking cartel, from which Societe Generale has just resigned.
Manly's commentary is headlined "Curse of the London Gold Fix Strikes Again as SocGen Abandons Ship" and it's posted at Bullion Star here:
If gold investors are puzzled, it's from a lack of financial journalism
Submitted by cpowell on Mon, 2019-05-06 11:56 Section: Daily Dispatches12:06p Monday, May 6, 2019
Dear Friend of GATA and Gold:
Gold investors, Kitco News market analyst Jim Wyckoff writes today, "are scratching their heads and wondering why their metal has not reacted more positively to unsettling developments on the geopolitical front":
Sentencing of former JPM metals trader delayed again
Submitted by cpowell on Sat, 2019-05-04 11:38 Section: Daily DispatchesSentencing of former JP Morgan Chase Precious Metals Trader Delayed as Federal Probe Continues
By Dawn Giel
CNBC, New York
Thursday, May 2, 2019
The criminal sentencing of former J.P. Morgan Chase precious metals trader John Edmonds has been postponed six more months, to December, as federal investigators continue to probe possible manipulation of metals markets.
India's central bank denies moving gold abroad in 2014 or since
Submitted by cpowell on Sat, 2019-05-04 09:43 Section: Daily DispatchesNo Gold Shifted Outside India in 2014 or After, RBI Says
From the Press Trust of India
via The Times of India, Mumbai
Friday, May 3, 2019
https://economictimes.indiatimes.com/news/economy/finance/no-gold-shifte...
Silver backwardation signals rally, Maguire tells KWN
Submitted by cpowell on Fri, 2019-05-03 16:46 Section: Daily Dispatches4:46p ET Friday, May 3, 2019
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire, interviewed today by King World News, says the cash price for silver is so far above the recent futures contract price -- deep backwardation -- that a rally is imminent.
Bron Suchecki: Silver manipulation can be unethical but legal
Submitted by cpowell on Fri, 2019-05-03 10:17 Section: Daily Dispatches10:17a ET Friday, May 3, 2019
Dear Friend of GATA and Gold:
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