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Daily Dispatches
CME calls time on New York open outcry options floor
Submitted by cpowell on Wed, 2016-04-13 20:52 Section: Daily DispatchesBy Lindsay Whipp
Financial Times, London
Thursday, April 14, 2016
CHICAGO -- Another nail has been knocked into the coffin of commodities pit trading in America, as the Chicago Mercantile Exchange said it is to close its open outcry options floor in New York because of a lack of volume.
Is CME Group preparing for a Comex default?
Submitted by cpowell on Wed, 2016-04-13 15:10 Section: Daily Dispatches3:10a SFT Thursday, April 14, 2016
Dear Friend of GATA and Gold:
China's big four banks, StanChart, ANZ to join yuan gold benchmark
Submitted by cpowell on Wed, 2016-04-13 12:04 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Wednesday, April 13, 2016
Top Chinese banks, alongside Standard Chartered and ANZ, will be among 18 members to join a new yuan-denominated gold benchmark that signals China's biggest step toward becoming a price-setter for the metal.
In India broadcast, GATA secretary slams central bank gold rigging and ETFs
Submitted by cpowell on Wed, 2016-04-13 11:49 Section: Daily Dispatches11:45p SGT Wednesday, April 13, 2016
Dear Friend of GATA and Gold:
China's yuan gold benchmark to launch with 18 members, source tells Reuters
Submitted by cpowell on Wed, 2016-04-13 03:21 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Wednesday, April 13, 2016
SINGAPORE -- Top Chinese banks and gold miners, along with the world's biggest jewellery retailer, will be among 18 members taking part in Beijing's new yuan-denominated gold benchmark, a source familiar with the matter said.
GATA Chairman Murphy interviewed by CrushTheStreet.com
Submitted by cpowell on Wed, 2016-04-13 01:27 Section: Daily Dispatches1:26p SGT Wednesday, April 13, 2016
Dear Friend of GATA and Gold:
'Systemically important,' derivatives hustler CME Group gets account at Fed
Submitted by cpowell on Wed, 2016-04-13 01:05 Section: Daily DispatchesCME Group Says It Is Preparing to Open Account at the Fed
By Ann Saphir
Reuters
Tuesday, April 12, 2016
CME Group Inc. said on Tuesday it has received notice from the Federal Reserve that it is authorized to open an account at the U.S. central bank, allowing it to better safeguard cash deposited by its traders.
Former Yellen adviser proposes sweeping reform of Fed system
Submitted by cpowell on Tue, 2016-04-12 05:13 Section: Daily DispatchesBy Craig Torres
Bloomberg News
Monday, April 11, 2016
A former aide to Federal Reserve Chair Janet Yellen has broken ranks with his former employer and issued a blueprint for a sweeping reform of the U.S. central bank, including regular government audits and shorter term limits for policy makers.
Strength of HUI gold share index impresses Embry
Submitted by cpowell on Tue, 2016-04-12 04:58 Section: Daily Dispatches4:55p SGT Tuesday, April 12, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed by King World News, says gold price suppression is showing strains, the strength of the gold mining index HUI is impressive, and the Sprott silver fund is about to take a huge chunk of metal off the market. An excerpt from the interview is posted at KWN here:
Bloomberg TV and Times of India TV interview GATA secretary about gold market rigging
Submitted by cpowell on Tue, 2016-04-12 03:57 Section: Daily Dispatches3:55p SGT Tuesday, April 12, 2016
Dear Friend of GATA and Gold: