Daily Dispatches

Bullion Star's gold demand charts for June

Submitted by cpowell on Wed, 2017-06-28 23:43 Section: Daily Dispatches

11:47p ET Wednesday, June 28, 2017

Dear Friend of GATA and Gold:

Bullion Star's gold demand charts for June, posted today, suggest that people outside North America remain eager to get the monetary metal:

https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

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TF Metals Report explains why gold isn't rising despite dollar index's fall

Submitted by cpowell on Wed, 2017-06-28 11:16 Section: Daily Dispatches

11:19a 5:18p ET Friday, June 23, 2017

Dear Friend of GATA and Gold:

With the dollar index falling, why isn't the gold price rising? The TF Metals Report explains the complications today in commentary headlined "POSX Continues to S(t)ink," which can be found here:

https://www.tfmetalsreport.com/blog/8418/posx-continues-stink

CHRIS POWELL, Secretary/Treasurer

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Dave Kranzler: Central banks try to scare the crap out of the gold market

Submitted by cpowell on Mon, 2017-06-26 12:48 Section: Daily Dispatches

12:51p ET Monday, June 26, 2017

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics today quotes an explanation for today's central bank flash crash in gold, provided by gold market analyst John Brimelow of John Brimelow's Gold Jottings report:

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Financial Times calls gold's flash crash 'mysterious'

Submitted by cpowell on Mon, 2017-06-26 12:31 Section: Daily Dispatches

But the newspaper will be damned before it puts to central banks any questions about their gold trading.

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Gold Remains Under Pressure After Mysterious Drop

By Adam Samson
Financial Times, Lodon
Monday, June 26, 2017

Gold, one of this year's best-performing commodities, is still pinned around the day's lows after a mysterious tumble earlier today.

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David Haggith: Central banks buying stocks have rigged U.S. market beyond recovery

Submitted by cpowell on Mon, 2017-06-26 12:01 Section: Daily Dispatches

12:05p ET Monday, June 26, 2017

Dear Friend of GATA and Gold:

Read more about David Haggith: Central banks buying stocks have rigged U.S. market beyond recovery

For mainstream news agencies, gold's flash crash must be somebody's 'mistake'

Submitted by cpowell on Mon, 2017-06-26 10:26 Section: Daily Dispatches

Nobody dares to ask central banks about their gold trading, which is not a "mistake" but longstanding policy, as documented here:

http://www.gata.org/node/14839

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Gold Plunges After 1.8 Million Ounces Were Traded in 1 Minute

By Eddie Van Der Walt
Bloomberg News
Monday, June 26, 2017

Read more about For mainstream news agencies, gold's flash crash must be somebody's 'mistake'

Another flash crash in gold but few will express curiosity about it

Submitted by cpowell on Mon, 2017-06-26 07:21 Section: Daily Dispatches

7:24a ET Monday, June 26, 2017

Dear Friend of GATA and Gold:

Zero Hedge this morning seems first to notice the punishment inexplicably inflicted on the gold futures market "on a surge in volume with 18,000 contracts, or just over $2 billion notional, trading in a one-minute window, with "volumes running around 150 percent of recent averages" as of 9:20 a.m. London time.