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Daily Dispatches
Koos Jansen: China's rising gold ETF market -- a hybrid
Submitted by cpowell on Thu, 2016-09-08 14:39 Section: Daily Dispatches2:38p ET Thursday, September 8, 2016
Dear Friend of GATA and Gold:
Gold researcher Koos Jansen today examines the Chinese market in exchange-traded gold funds, concluding that they are growing fast and seem more democratic than Western gold ETFs. His analysis is headlined "China's Rising Gold ETF Market: a Hybrid" and it's posted at Bullion Star here:
Backed by Sprott, 'Flash Boys' protagonists aim a new exchange at gold
Submitted by cpowell on Wed, 2016-09-07 15:09 Section: Daily DispatchesBy John McCrank
Reuters
Wednesday, September 7, 2016
NEW YORK -- IEX Group, which rose to prominence with its bid to shake up stock trading in the United States, now aims to do the same in the more than $5 trillion-a-year gold market with a new exchange being created by its spinoff TradeWind Markets, a board member of the new venture said on Tuesday.
In KWN interview, Embry scoffs at prospect of interest rate hike
Submitted by cpowell on Tue, 2016-09-06 18:10 Section: Daily Dispatches6:10p ET Tuesday, September 6, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that an interest rate increase is unlikely in the United States as the national economy weakens, and he expects a good fall season for gold and silver. An excerpt from the interview is posted at KWN here:
Join GATA at the New Orleans conference in October because you can't lose
Submitted by cpowell on Mon, 2016-09-05 21:28 Section: Daily Dispatches9:28p ET Monday, September 5, 2016
Dear Friend of GATA and Gold:
Will you join GATA Chairman Bill Murphy and your secretary/treasurer at the New Orleans Investment Conference in the last week of October?
Roberts and Embry interviewed by GoldSeek Radio
Submitted by cpowell on Mon, 2016-09-05 21:06 Section: Daily Dispatches9:05p ET Monday, September 5, 2016
Dear Friend of GATA and Gold:
GoldSeek Radio's Chris Waltzek does excellent interviews this weekend with former U.S. Assistant Treasury Secretary Paul Craig Roberts and Sprott Asset Management's John Embry.
Barrick to focus on scaled-back Pascua-Lama project in Argentina
Submitted by cpowell on Sat, 2016-09-03 23:36 Section: Daily DispatchesBy Susan Taylor
Reuters
Thursday, September 1, 2016
TORONTO -- Barrick Gold Corp, the world's largest gold miner, said Thursday it has brought back a former executive to advance a scaled-back development plan for its suspended Pascua-Lama project that will first focus on Argentina.
Miners' second-quarter gold hedging is highest for six years
Submitted by cpowell on Sat, 2016-09-03 11:04 Section: Daily DispatchesFrom Reuters
Friday, September 2, 2016
Gold mining companies expanded the global hedge book by a further 21 tonnes in the second quarter to the highest level in six years, an industry report showed on Friday.
Hedging, usually by selling future gold production forward, allows miners to lock in prices and guarantee returns for their output.
Zero Hedge: Deutsche Bank tries to explain why it failed to deliver gold as promised
Submitted by cpowell on Fri, 2016-09-02 13:15 Section: Daily Dispatches1:15p ET Friday, September 2, 2016
Dear Friend of GATA and Gold:
Zero Hedge today summarizes developments in what seems to be the default of a bank-backed commodity fund in Germany to deliver gold to investors as was promised. Zero Hedge's report is headlined "Deutsche Bank Tries to Explain Why It Did Not Deliver Physical Gold, Fails" and it's posted here:
GATA board member Ed Steer interviewed about gold market manipulation
Submitted by cpowell on Fri, 2016-09-02 08:41 Section: Daily Dispatches8:41a ET Friday, September 2, 2016
Dear Friend of GATA and Gold:
Asia loosens London’s grip on FX trading
Submitted by cpowell on Thu, 2016-09-01 13:02 Section: Daily DispatchesBy Katie Martin
Financial Times, London
Thursday, September 1, 2016
London is losing its grip on a global currencies-trading business that is tilting toward Asia, the latest benchmark survey of the industry from the Bank for International Settlements reveals.