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Daily Dispatches
Arizona legislature votes to scrap gains tax on gold and silver coins
Submitted by cpowell on Thu, 2017-05-11 08:58 Section: Daily DispatchesLawmakers: All That Glitters Shouldn't Be Taxed
By Howard Fischer
Arizona Capitol Times, Phoenix
Wednesday, May 10, 2017
Want a way to avoid taxes on your capital gains?
State lawmakers gave final approval to legislation today providing a way to do just that. But it remains unclear whether Gov. Doug Ducey is willing to go along.
Gold imports by India said to rise more than four-fold in April
Submitted by cpowell on Wed, 2017-05-10 18:05 Section: Daily DispatchesBy Shruti Srivastava and Swansy Afonso
Bloomberg News
Wednesday, May 10, 2017
Gold imports by India gained more than four-fold in April driven by jewelers restocking in anticipation of a recovery in sales during the wedding season that will last until mid-June.
Anomalous calm in markets, not volatility, has become the sign of crisis
Submitted by cpowell on Wed, 2017-05-10 17:58 Section: Daily Dispatches6p ET Wednesday, May 10, 2017
Dear Friend of GATA and Gold:
Kitco's Sarah Benali notes that CNBC market analyst Jim Cramer today marveled at gold's inability to rise despite the growing political turmoil in Washington, particularly President Trump's firing of FBI Director James Comey.
At retirement dinner, Eric Sprott praises GATA's work
Submitted by cpowell on Wed, 2017-05-10 17:37 Section: Daily Dispatches5:40p ET Wednesday, May 10, 2017
Dear Friend of GATA and Gold:
GATA Chairman Murphy discusses increasingly desperate attacks on gold and silver
Submitted by cpowell on Wed, 2017-05-10 00:26 Section: Daily Dispatches12:27a ET Wednesday, May 10, 2017
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy, interviewed by Dunagun Kaiser of Reluctant Preppers, discusses the increasingly desperate attacks on gold and silver in the futures markets and speculates on what they will lead to. The interview is a half-hour long and can be heard at You Tube here:
Ronan Manly: LBMA says it will report London gold vault holdings this summer
Submitted by cpowell on Tue, 2017-05-09 10:08 Section: Daily Dispatches10:08a ET Tuesday, May 9, 2017
Dear Friend of GATA and Gold:
Sprott, Neumeyer explain how too much demand drove junior miner prices down
Submitted by cpowell on Mon, 2017-05-08 11:00 Section: Daily Dispatches11a ET Monday, May 8, 2017
Dear Friend of GATA and Gold:
Gold leasing by central banks is used to attack gold price, von Greyerz tells KWN
Submitted by cpowell on Mon, 2017-05-08 10:40 Section: Daily Dispatches10:40a ET Monday, May 8, 2017
Dear Friend of GATA and Gold:
India's April gold imports more than double from year ago, GFMS says
Submitted by cpowell on Mon, 2017-05-08 09:48 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Monday, May 8, 2017
MUMBAI, India -- India's gold imports in April more than doubled from a year ago to 75 tonnes on strong demand during a festival that prompts purchases and as jewellers stocked up ahead of a new national sales tax, provisional data from consultancy GFMS showed.
LME introduces gold and silver trading on July 10
Submitted by cpowell on Mon, 2017-05-08 09:44 Section: Daily DispatchesBy Enoch Yiu
South China Morning Post, Hong Kong
Monday, May 8, 2017
London Metal Exchange, a subsidiary of Hong Kong Exchanges and Clearing, will launch gold and silver spot and futures trading in London on July 10 in a bid to capture the increasing demand for trading of precious metals in London, the exchange said today.
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