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Daily Dispatches
Bond king Gross says Fed has 'mastered market manipulation'
Submitted by cpowell on Wed, 2016-08-31 10:08 Section: Daily DispatchesWhere has he been all this time? And he doesn't know the half of it. But better late than never.
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By Jeff Cox
CNBC, New York
Wednesday, August 31, 2016
Gold withdrawals from New York Fed are increasing
Submitted by cpowell on Wed, 2016-08-31 08:30 Section: Daily Dispatches8:30a Wednesday, August 31, 2016
Dear Friend of GATA and Gold:
Zero Hedge reports that foreign governments lately have hastened their withdrawal of gold held in custody at the Federal Reserve Bank of New York. The headline on Zero Hedge's report is "Gold Withdrawals from the NY Fed Accelerate, Hit 388 Tons Since 2014" and it's posted here:
Mike Kosares: Gold's strong summer may be harbinger of things to come
Submitted by cpowell on Tue, 2016-08-30 18:27 Section: Daily DispatchesBy Michael J. Kosares
USAGold.com, Centennial, Colorado
Tuesday, August 30, 2016
We are now wrapping up one of the stronger summers in memory at USAGold and heading into the strongest time of year seasonally for gold and silver -- September through February.
Bron Suchecki: Dutch central bank hides gold bar list to conceal leasing
Submitted by cpowell on Tue, 2016-08-30 10:41 Section: Daily Dispatches10:40a ET Tuesday, August 30, 2016
Dear Friend of GATA and Gold:
Bron Suchecki, formerly an executive at the Perth Mint and now vice president for operations at Monetary Metals LLC, speculates today that the Netherlands central bank has refused to make public a list of its gold reserve bars because changes in the list would indicate how much gold leasing the bank has been doing.
No one can ask why gold isn't keeping up with central bank balance sheets
Submitted by cpowell on Tue, 2016-08-30 08:21 Section: Daily Dispatches8:20p ET Tuesday, August 30, 3016
Dear Friend of GATA and Gold:
A market note by two market analysts for Deutsche Bank, publicized Monday by a few news organizations, including Business Insider (see below), observed that gold's price ordinarily correlates with central bank balance sheets but that lately it has not been keeping up with the vast expansion of those balance sheets.
Resolute Mining to pay dividends in gold bullion
Submitted by cpowell on Tue, 2016-08-30 07:57 Section: Daily DispatchesBy Tess Ingram
Australian Financial Review, Sydney
Tuesday, August 30, 2016
Shareholders in Resolute Mining will have the option of collecting dividend payments in gold bullion, under a new policy believed to be the first of its kind in the world.
Central bankers get tired of gold as lower exports cut cash
Submitted by cpowell on Tue, 2016-08-30 07:48 Section: Daily DispatchesBy Camilla Naschert and Eddie Van Der Walt
Bloomberg News
Monday, August 30, 2016
The biggest owners of gold are tiring of the metal.
Hugo Salinas Price: The night that is upon us and the dawn of a new era
Submitted by cpowell on Mon, 2016-08-29 19:00 Section: Daily Dispatches7p ET Monday, August 29, 2016
Dear Friend of GATA and Gold:
Fed preparing to monetize 'everything,' Turk tells KWN
Submitted by cpowell on Mon, 2016-08-29 18:28 Section: Daily Dispatches6:25p ET Monday, August 29, 2016
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, interviewed by King World News, says the Federal Reserve is preparing to monetize "everything" and he sees signs of hyperinflation in certain divergences in stock market sector prices. An excerpt from the interview is posted at KWN here:
T.F. Metals Report: Fed jawboned Friday's markets into submission
Submitted by cpowell on Sun, 2016-08-28 15:31 Section: Daily Dispatches1:20p ET Tuesday, August 2, 2016
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson elaborates on Friday's several attempts by Federal Reserve officials, ultimately successful, to jawbone the markets into doing what the Fed desires. Ferguson's commentary is headlined simply "Ridiculousness" and it's posted here: