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Daily Dispatches
USAGold: Reflections on the election
Submitted by cpowell on Mon, 2016-12-05 13:02 Section: Daily Dispatches1p ET Monday, December 5, 2016
Dear Friend of GATA and Gold:
USAGold's December News & Views newsletter, edited by Michael Kosares, contains some pretty insightful observations on the economy and the U.S. presidential election from a dozen or so market analysts, many of them bearing heavily on gold. It's headlined "Reflections on the Election" and it's posted at USAGold here:
Who needs real metal if paper will do?
Submitted by cpowell on Mon, 2016-12-05 12:51 Section: Daily DispatchesAnd who needs gold miners if they can never figure out why the metal's price doesn't behave as it should?
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Fears Rise over Future Supply of Gold
By Henry Sanderson
Financial Times, London
Monday, December 5, 2016
"For the first time in history, gold supply into the future is under enormous pressure."
Now Muslims can help bullion banks undermine gold investments with GLD
Submitted by cpowell on Mon, 2016-12-05 12:37 Section: Daily DispatchesGold Standard Approved for Islamic Finance, Opening New Market
By Claudia Carpenter
Bloomberg News
Monday, December 5, 2016
Gold is acceptable for the first time as an investment in Islamic finance after the group that sets standards for the industry adopted Shariah-compliant rules for trading the metal.
There are no markets anymore and capitalism is dead, Sinclair tells USA Watchdog
Submitted by cpowell on Sat, 2016-12-03 20:02 Section: Daily Dispatches8p ET Saturday, December 3, 2016
Dear Friend of GATA and Gold:
Koos Jansen: Debunking GFMS' gold demand statistics
Submitted by cpowell on Sat, 2016-12-03 11:07 Section: Daily DispatchesBy Koos Jansen
BullionStar.com, Singapore
Saturday, December 3, 2016
What came to light as on odd discrepancy between GFMS' Chinese gold demand and "apparent supply" has proven to be a tenacious cover-up by the oldest consultancy firm in the gold market.
China gold premiums near 3-year high while cash crunch curbs Indian demand
Submitted by cpowell on Sat, 2016-12-03 10:47 Section: Daily DispatchesBy Sethuraman N.R. and Rajendra Jadhav
Reuters
Friday, December 2, 2016
Gold premiums in China held near three-year highs this week amid limited supply of the precious metal, with traders saying Beijing was restricting imports, while prices in India swung to a discount as a severe cash crunch dampened appetite.
Court allows IRS to seek user info from blockchain firm Coinbase
Submitted by cpowell on Fri, 2016-12-02 11:40 Section: Daily DispatchesBy Ismail Shakil and Sruthi Shankarin Bengaluru
Reuters
Thursday, December 1, 2016
A federal court in California on Wednesday allowed the Internal Revenue Service to seek three years of information from blockchain firm Coinbase Inc. about its American users, the U.S. Department of Justice said.
TF Metals Report: U.S. economic data shows weakness, not strength
Submitted by cpowell on Fri, 2016-12-02 11:34 Section: Daily Dispatches11:34a ET Friday, December 2, 2016
Dear Friend of GATA and Gold:
The TF Metals Report today details how the U.S. economic data that is being spun to suggest strength actually demonstrates appalling weakness. The report is headlined "More BLS BS" and it's posted here:
http://www.tfmetalsreport.com/blog/8022/more-bls-bs
CHRIS POWELL, Secretary/Treasurer
No limit on holding gold if it matches income declaration, Indian govt. says
Submitted by cpowell on Fri, 2016-12-02 08:25 Section: Daily DispatchesBy the Press Trust of India
via the Hindustan Times, New Delhi
Friday, December 2, 2016
The government on Thursday sought to quell rumors by clarifying that there is no limit on legitimate holding of gold and jewellery, including from inheritance, and there would be no seizure of bullion up to a certain limit even if that does not seem to match income.
Lawrie Williams: Major gold price divergence between Shanghai and London
Submitted by cpowell on Thu, 2016-12-01 19:01 Section: Daily Dispatches7p ET Thursday, December 1, 2016
Dear Friend of GATA and Gold:
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