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Daily Dispatches

Puerto Rico passes bill allowing halt to debt payments

Section: Daily Dispatches

Is Illinois next?

* * *

By Mary Williams Walsh
The New York Times
Wednesday, April 6, 2016

Gov. Alejandro García Padilla of Puerto Rico on Wednesday signed a bill that would allow him to declare an emergency and give him authority to halt payments on the island's crushing $72 billion debt.

The gold miner excavating nothing but 13 years of red tape

Section: Daily Dispatches

By Swansy Afonso, Rajesh Kumar Singh, and Archana Chaudhary
Bloomberg News
Wednesday, April 6, 2016

After more than a decade struggling to cut through red tape to mine gold in India, Sandeep Lakhwara could be forgiven for thinking things couldn't get much worse. Then they did.

Robert Appel: Here's what the Fed doesn't want you to know about gold prices

Section: Daily Dispatches

10:33a HKT Wednesday, April 6, 2016

Dear Friend of GATA and Gold:

Mike Kosares: Quietly the advantage in gold goes to private investors

Section: Daily Dispatches

Big Banks, Hedge Funds Key Factors in 2016 Gold Surge

By Michael Kosares, Editor
USAGold's News & Views
USAGold, Denver
Tuesday, April 5, 2016

Two traders fined over gold spoofing

Section: Daily Dispatches

From the Financial Times, London
Tuesday, April 5, 2016

China's gold intent -- ICBC bank reclassified as an LBMA market maker

Section: Daily Dispatches

By Mark O'Byrne
GoldCore, Dublin
Tuesday, April 5, 2016

ICBC Standard Bank, China and the world's largest bank, has been reclassified as a spot market making member of the London Bullion Market Association with effect from today, according to a note posted on the LBMA website last night. ...

... For the remainder of the report:

New York Fed president refuses a question about gold swaps in public

Section: Daily Dispatches

3:20p HKT Tuesday, April 3, 2016

Dear Friend of GATA and Gold:

Last week at a public forum the president of the Federal Reserve Bank of New York, William Dudley, was asked whether the Federal Reserve has engaged in gold swaps with other central banks. He refused to answer.

New York Sun: The Gilder

Section: Daily Dispatches

From the New York Sun
Monday, April 4, 2016

Ronan Manly: Singapore Exchange's gold kilobar contract flops

Section: Daily Dispatches

7:16p HKT Monday, April 4, 2016

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly reports today that the Singapore Exchange's touted gold kilobar contract has failed utterly, with trading volume practically zero. Manly's report is headlined "SGX Kilobar Gold Contract vs. Trading with BullionStar" and it's posted at Bullion Star here:

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