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Daily Dispatches
Record BIS intervention against gold signifies panic, Turk tells KWN
Submitted by cpowell on Sat, 2017-09-23 09:47 Section: Daily Dispatches9:48a ET Saturday, September 23, 2017
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, inteviewed this week by King World News, says the recent record intervention in the gold market by the Bank for International Settlements (http://www.gata.org/node/17646) signifies "panic behind the scenes" among governments and central banks.
TF Metals Report: Time to lay low
Submitted by cpowell on Fri, 2017-09-22 11:20 Section: Daily Dispatches11:20a ET Friday, September 22, 2017
Dear Friend of GATA and Gold:
Bullion banks are flushing speculative longs out of the gold and silver futures markets again, the TF Metals Report says today, gunning for the moving averages of prices, which had been bullish.
Charles Hugh Smith: The demise of the dollar? Don't hold your breath
Submitted by cpowell on Fri, 2017-09-22 09:28 Section: Daily Dispatches9:31a ET Friday, September 22, 2017
Dear Friend of GATA and Gold:
The U.S. dollar is not likely to be displaced as the world reserve currency by another country's currency, financial writer Charles Hugh Smith argues this week, because no other country has an economy large enough to support a reserve currency and the willingness to let its currency trade freely.
Philippine dictator Marcos' gold bars: Fact or fiction?
Submitted by cpowell on Thu, 2017-09-21 19:33 Section: Daily DispatchesSome very interesting photos at the internet link below.
* * *
By Gerry Lirio
ABS-CBN News, Quezon City, Philippines
Thursday, September 21, 2017
http://news.abs-cbn.com/focus/09/21/17/marcos-gold-bars-fact-or-fiction
Macleod on the next crisis, Salinas Price on gold's prospects
Submitted by cpowell on Thu, 2017-09-21 16:29 Section: Daily Dispatches4:27p ET Thursday, September 21, 2017
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod today writes that increased borrowing by smaller businesses soon will lead to the crisis phase of the credit cycle. His commentary is headlined "The Forthcoming Global Crisis" and it's posted at GoldMoney here:
Russian government again shows it knows all about gold price suppression
Submitted by cpowell on Wed, 2017-09-20 19:42 Section: Daily Dispatches7:40p ET Wednesday, September 20, 2017
Dear Friend of GATA and Gold:
Interviewing GATA's friend the gold market researcher, author, and financial letter writer Dimitri Speck of SeasonalCharts.com, the Russian government news agency Sputnik today demonstrates again that Russia knows all about the gold price suppression scheme of Western governments and central banks.
LBMA pledges 'transparency,' so where are the gold swaps and leases?
Submitted by cpowell on Wed, 2017-09-20 11:08 Section: Daily Dispatches11:08a ET Wednesday, September 20, 2017
Dear Friend of GATA and Gold:
Don't be fooled by anti-gold disinformation, Embry and Hathaway say
Submitted by cpowell on Wed, 2017-09-20 10:46 Section: Daily Dispatches10:45a ET Wednesday, September 20, 2017
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that market rigging by Western governments is blatant now and not fooling Asia, which is responding by buying gold in anticipation of the end of the U.S. dollar's use as the world reserve currency. Embry's interview is excerpted at KWN here:
Bullion Star details Chinese gold mining as a source of gold supply
Submitted by cpowell on Tue, 2017-09-19 22:05 Section: Daily Dispatches10:05p ET Tuesday, September 19, 2017
Dear Friend of GATA and Gold:
Bullion Star tonight provides a detailed summary of gold production in China, the world's leading gold producer, detailing the country's in-ground reserves and its major gold mining companies. The summary is headlined "Ghinese Gold Mining as a Source of Gold Supply" and it's posted at Bullion Star here:
Turkey will strive to paperize 2,200 tonnes of gold in home savings
Submitted by cpowell on Mon, 2017-09-18 19:55 Section: Daily DispatchesTreasury Sets Eye on 2,200 Tons of Gold ‘Kept under Mattresses'
From Hurriyet Daily News, Istanbul
Monday, September 18, 2017
ANKARA, Turkey -- The Turkish Treasury will issue two types of bonds to attract into the economy 2,200 tons of gold stashed under mattresses, which has a market value of around 300 billion Turkish Liras, Deputy Prime Minister Mehmet Simsek has said.