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Daily Dispatches
Barrick weighs sale of $1.9 billion Acacia stake, sources tell Reuters
Submitted by cpowell on Wed, 2016-07-27 10:18 Section: Daily DispatchesBy John Tilak and Nicole Mordant
Reuters
Tuesday, July 28, 2016
Barrick Gold Corp, the world's largest gold producer, is weighing a sale of its majority stake in African unit Acacia Mining and has approached several South African miners, according to sources familiar with the situation.
Nick Barisheff: Gold and pork bellies
Submitted by cpowell on Tue, 2016-07-26 15:57 Section: Daily DispatchesThe former is always money, the latter is breakfast.
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By Nick Barisheff
BMG Bullion, Markham, Ontario, Canada
Tuesday, July 26, 2016
'Impending gold production cliff' may deliver a jolt to prices
Submitted by cpowell on Tue, 2016-07-26 15:48 Section: Daily DispatchesAssuming, of course, that buyers want actual metal instead of "paper gold."
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By Myra P. Saefong
Marketwatch.com, New York
Tuesday, July 26, 2016
Gold discoveries peaked in 2007 and production will soon follow, strengthening the value of the yellow metal and possibly fueling a boom in mergers and acquisitions in the gold-mining sector, according to Sprott Asset Management.
Events are against monetary metals this week, Turk tells KWN
Submitted by cpowell on Mon, 2016-07-25 18:06 Section: Daily Dispatches6:04p ET Monday, July 25, 2016
Dear Friend of GATA and Gold:
Events are against the monetary metals this week, GoldMoney founder and GATA consultant James Turk tells King World News today. Turk adds that if the metals show any strength at all this week, it will be a sign that governments are losing control of the market. An excerpt from the interview is posted at KWN here:
Lawrie Williams: Swiss gold stats show continuing flows back to West
Submitted by cpowell on Mon, 2016-07-25 15:24 Section: Daily Dispatches3:23p ET Monday, July 25, 2016
Dear Friend of GATA and Gold:
Paul Mylchreest: Standoff in gold between speculators and price-suppressing banks
Submitted by cpowell on Mon, 2016-07-25 15:10 Section: Daily Dispatches3:09p ET Monday, July 25, 2016
Dear Friend of GATA and Gold:
Market analyst Paul Mylchreest of ADM Investor Services International in London --
Mike Kosares: In Bankrate survey, 1 in 6 choose gold for 10-year investment
Submitted by cpowell on Mon, 2016-07-25 14:56 Section: Daily DispatchesBy Michael Kosares
USAGold.com, Centennial, Colorado
Monday, July 25, 2016
One in six investors chose gold as the best place to park money they wouldn't need for more than 10 years -- the same number that chose stocks, according to a recent Bankrate survey. Another 6 percent chose bonds, while 25 percent chose real estate and 23 percent said they would simply bank the money.
Rising prices fail to induce Indians to sell their gold
Submitted by cpowell on Sun, 2016-07-24 21:49 Section: Daily DispatchesGold May Have Rallied High, But Indians Unwilling to Profit From It
By Sutanuka Ghosal
The Times of India, Mumbai
Monday, July 25, 2016
http://economictimes.indiatimes.com/markets/commodities/gold-may-have-ra...
China mines gold uneconomically because it plans to boost the price, Leeb says
Submitted by cpowell on Sun, 2016-07-24 11:08 Section: Daily Dispatches11:07a Sunday, July 24, 2016
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News that China is mining much low-grade gold uneconomically and he figures it's because the Chinese government aims to drive the gold price way up. An excerpt from Leeb's interview is posted at KWN here:
The magic charts of technical analysis can't penetrate central bank trading rooms
Submitted by cpowell on Thu, 2016-07-21 16:37 Section: Daily Dispatches4:42p ET Thursday, July 21, 2016
Dear Friend of GATA and Gold:
With his commentary written yesterday, "Damn Manipulators," posted today at GoldSeek and Gold-Eagle --
http://news.goldseek.com/GoldSeek/1469110080.php
http://www.gold-eagle.com/article/damn-manipulators
-- was Elliott Wave Trader's Avi Gilburt sneering about GATA?
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