You are here
Daily Dispatches
Gold trading systems experience growing pains
Submitted by cpowell on Wed, 2017-04-19 20:44 Section: Daily DispatchesBy Shelley Goldberg
Bloomberg News
Wednesday, April 19, 2017
On the afternoon of April 11, London's daily gold price benchmark fix took a peculiar turn: It was about $12 under the spot price. The auction appeared to be stuck on a descending escalator from an initial $1,265.75, before fixing at $1,252.90.
Trump 'absolutely not' trying to talk down dollar, Treasury's Mnuchin says
Submitted by cpowell on Wed, 2017-04-19 07:02 Section: Daily DispatchesBy David Milliken
Reuters
Wednesday, April 19, 2017
U.S. President Donald Trump is "absolutely not" trying to talk down the strength of the dollar, Treasury Secretary Steven Mnuchin was quoted as saying in the Financial Times today.
New York Sun: Ron Paul's IMF question emerges in sharp relief in the era of Trump
Submitted by cpowell on Tue, 2017-04-18 15:02 Section: Daily DispatchesFrom The New York Sun
Tuesday, April 18, 2017
If the International Monetary Fund does nothing else at its meeting that starts Thursday in Washington, it would be nice to see it — or someone — answer the Ron Paul question: Why do its articles of agreement actually prohibit members from linking their currencies to gold?
Today's dumping of paper gold failed, Embry tells KWN
Submitted by cpowell on Tue, 2017-04-18 14:56 Section: Daily Dispatches2:56p ET Tuesday, April 18, 2017
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, discusses this morning's attack on gold with the dumping of $3 billion in contracts on the futures market, an attack that nevertheless seems to have been repelled. Embry's comments are excerpted at KWN here:
GATA Chairman Murphy interviewed by Kennedy Financial and Future Money Trends
Submitted by cpowell on Tue, 2017-04-18 07:50 Section: Daily Dispatches7:49a ET Tuesday, April 18, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy has just done two interviews about the battle in the gold market between governments and market forces.
The first is with market analyst Philip Kennedy of Kennedy Financial. It's 25 minutes long and begins at the 18:45 mark at You Tube here:
Ronan Manly: Death spiral for LBMA gold and silver auctions?
Submitted by cpowell on Fri, 2017-04-14 06:46 Section: Daily Dispatches12:19p ET Friday, April 14, 2017
Dear Friend of GATA and Gold:
GoldSeek Radio interviews GATA Chairman Bill Murphy
Submitted by cpowell on Thu, 2017-04-13 15:40 Section: Daily Dispatches3:40p ET Thursday, April 13, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed by GoldSeek Radio's Chris Waltzek, says he doesn't expect geo-political events to have much effect on the price of gold but that silver is giving real trouble to the price-suppression cartel. The interview is 10 minutes long and can be heard at GoldSeek here:
Ted Butler: Another opportunity to induce the CFTC to do its job
Submitted by cpowell on Thu, 2017-04-13 10:04 Section: Daily DispatchesBy Ted Butler
SilverSeek.com
Thursday, April 13, 2017
An unusual confluence of seemingly unrelated factors may have created an opportunity to do something about the silver (and gold) manipulation.
Trump warns that dollar is 'getting too strong'
Submitted by cpowell on Wed, 2017-04-12 20:17 Section: Daily DispatchesTrump Backs Away from Labeling China a 'Currency Manipulator'
By David Lawder
Reuters
Wednesday, April 12, 2017
WASHINGTON -- President Donald Trump said today that his administration will not label China a currency manipulator, backing away from a campaign promise, even as he said the U.S. dollar was "getting too strong" and would eventually hurt the economy.
London gold benchmark fixes $12/oz off spot price
Submitted by cpowell on Wed, 2017-04-12 11:03 Section: Daily DispatchesBy Peter Hobson and Jan Harvey
Reuters
via Nasdaq.com, New York
Tuesday, April 11, 2017
LONDON -- London's gold price benchmark fixed some $12 below the spot price on Tuesday afternoon as the auction appeared to become locked in a downward spiral.
Pages
