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Daily Dispatches
Turk, Lassonde startled by fall in metals' open interest, hinting at trend change
Submitted by cpowell on Mon, 2018-12-03 18:04 Section: Daily Dispatches6:06p ET Monday, December 3, 2018
Dear Friend of GATA and Gold:
GoldMoney founder James Turk and mining entrepreneur Pierre Lassonde, interviewed today by King World News, note the sharply declining open interest in the gold and silver futures markets and speculate that a change in trend is underway. Both say they can't recall a sharper drop.
Turk's remarks are posted at KWN here:
Clint Siegner: Will 2019 bring free and fair gold and silver markets?
Submitted by cpowell on Mon, 2018-12-03 15:29 Section: Daily DispatchesBy Clint Siegner
Money Metals Exchange, Eagle, Idaho
Monday, December 3, 2018
JPMorgan Chase and a number of other bullion banks are in a whole lot of trouble. Evidence detailing years of rigging markets and swindling clients is piling up.
Hugo Salinas Price: Story of a gold coin
Submitted by cpowell on Mon, 2018-12-03 15:10 Section: Daily Dispatches3:12p ET Monday, December 3, 2018
Dear Friend of GATA and Gold:
Here's how Europe plans to challenge the U.S. dollar's dominance
Submitted by cpowell on Mon, 2018-12-03 14:58 Section: Daily DispatchesAssuming, of course, there's anything left of Europe in a few months.
* * *
By Viktoria Dendrinou and Nikos Chrysoloras
Bloomberg News
Monday, December 3, 2018
Fifth devaluation spurs Pakistan to mull new currency management
Submitted by cpowell on Mon, 2018-12-03 10:27 Section: Daily DispatchesBy Kamran Haider and Faseeh Mangi
Bloomberg News
Monday, December 3, 2018
Pakistan's government is considering setting up a new mechanism that will help the nation's central bank smooth volatility in exchange rate movements after the currency was devalued for a fifth time this year.
Russia nudges Indian policymakers to move away from the dollar
Submitted by cpowell on Mon, 2018-12-03 10:18 Section: Daily DispatchesBy Zia Haq
Hindustan Times, New Delhi
Monday, December 3, 2018
https://www.hindustantimes.com/india-news/russia-nudges-indian-policymak...
Lots of talk about gold but only a hint about manipulation
Submitted by cpowell on Sat, 2018-12-01 18:02 Section: Daily Dispatches6:04p ET Saturday, December 1, 2018
Dear Friend of GATA and Gold:
A tiny bit of progress in the struggle to expose gold market manipulation by central banks can be found today at Forbes, where asset manager and economist Nathan Lewis contemplates mechanisms for restoring a gold standard.
In an essay headlined "The Mythical Problem of Finding 'The Right Gold Price'" --
Bloomberg rationalizes government's commandeering the financial markets
Submitted by cpowell on Fri, 2018-11-30 21:57 Section: Daily DispatchesThis Scholar Says the Government Should Buy Stocks When They Plunge
By Peter Coy
Bloomberg / Business Week, New York
Friday, November 30, 2018
Bullion Star's gold market charts for November look bullish
Submitted by cpowell on Fri, 2018-11-30 21:43 Section: Daily Dispatches9:45p ET Friday, November 30, 2018
Dear Friend of GATA and Gold:
Bullion Star's gold market charts for November seem bullish, with strong accumulation in China, Russia, and Switzerland, even as the London gold "market" seems to be mostly unallocated paper. The charts and accompanying commentary are posted at Bullion Star here:
Venezuelan opposition leaders urge Bank of England not to give gold to Maduro
Submitted by cpowell on Fri, 2018-11-30 21:34 Section: Daily DispatchesFrom the Associated Press
via Tacoma News-Tribune, Tacoma, Washington
Friday, November 30, 2018
CARACAS, Venezuela -- A pair of Venezuelan opposition leaders today urged the Bank of England not to hand over $550 million worth of gold sought by President Nicolas Maduro, saying officials in the South American country would either steal the gold or use it to finance its dictatorial government.
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