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Daily Dispatches
Gold's counterintuitive movement is an old story but it can't be told
Submitted by cpowell on Thu, 2017-06-08 11:45 Section: Daily Dispatches11:54a ET Thursday, June 8, 2017
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics reports that a huge amount of "paper" gold was dumped on the futures exchange in New York today, apparently in connection with the anticipated congressional testimony of former FBI Director James Comey:
Mexico owes Canadian miners more than $360 million, Reuters says
Submitted by cpowell on Thu, 2017-06-08 11:15 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
The new gold rush is all about vaults
Submitted by cpowell on Thu, 2017-06-08 06:57 Section: Daily DispatchesBy Eddie Van Der Walt and Thomas Seal
Bloomberg News
Wednesday, June 7, 2017
From safety-deposit boxes in leafy west London to high-security facilities housing gold and silver in Frankfurt, companies that store valuables are expanding to meet demand.
ICE expands London gold contract ahead of LME's rival offering
Submitted by cpowell on Wed, 2017-06-07 20:08 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
$1,300 is key level for gold, Raymond James analyst and KWN say
Submitted by cpowell on Wed, 2017-06-07 18:23 Section: Daily Dispatches6:25p ET Wednesday, June 7, 2017
Dear Friend of GATA and Gold:
Raymond James analyst Andrew Adams and King World News say that $1,300 is a key technical level for the gold price, which explains the heavy resistance to the monetary metal's continued rise here:
http://kingworldnews.com/alert-this-is-the-reason-why-there-was-a-panic-...
Turk tells KWN of another indication of a short squeeze in gold
Submitted by cpowell on Wed, 2017-06-07 18:14 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
TF Metals Report: Banks playing same old game
Submitted by cpowell on Wed, 2017-06-07 11:10 Section: Daily Dispatches11:15a ET Wednesday, June 7, 2017
Dear Friend of GATA and Gold:
The TF Metals Report today asserts that things are back to normal with "Comex Digital Gold," with the bullion banks selling as much unbacked paper as speculators demand, confident that no one will ever try taking delivery. The report is headlined "Banks Playing Same Old Game" and it's posted here:
HSBC faces fresh suit alleging forex manipulation
Submitted by cpowell on Wed, 2017-06-07 11:00 Section: Daily DispatchesKenadyr Announces Partial Drill Results at the South Zone:
Intersects 40 Meters at 6.17 Grams of Gold per Ton
Company Announcement
Friday, May 25, 2017
China's gold imports seen jumping 50% as haven demand booms
Submitted by cpowell on Tue, 2017-06-06 09:28 Section: Daily DispatchesBy Ranjeetha Pakiam
Bloomberg News
Monday, June 5, 2017
China, the world's biggest gold market, may boost imports through Hong Kong by about half this year as local investors seek to protect their wealth from currency risks, a slowing property market, and volatile stocks, according to the Chinese Gold & Silver Exchange Society.
Singapore's gold hub strategy bears fruit as imports, exports rise
Submitted by cpowell on Mon, 2017-06-05 12:57 Section: Daily DispatchesBy Andrea Soh
The Business Times, Singapore
Monday, June 5, 2017
Singapore's strategy to develop itself as a gold hub has proven successful, as its imports and exports almost doubled in the years after the goods and services tax was removed for investment-grade precious metals in 2012.