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Daily Dispatches
China putting floor under gold, Maguire tells KWN
Submitted by cpowell on Fri, 2016-06-03 20:27 Section: Daily Dispatches8:26p ET Friday, June 3, 2016
Dear Friend of GATA and Gold:
Ronan Manly: LBMA gold and silver data is full of mistakes
Submitted by cpowell on Fri, 2016-06-03 10:45 Section: Daily Dispatches10:45a ET Friday, June 3, 2016
Dear Friend of GATA and Gold:
Negative-yield debt breaks $10 trillion level for first time
Submitted by cpowell on Fri, 2016-06-03 10:27 Section: Daily DispatchesBy Eric Platt and Mamta Badkar
Financial Times, London
Friday, June 3, 2016
Negative-yielding government debt has risen above $10 trillion for the first time, enveloping an increasingly large part of the financial markets after being fueled by central bank stimulus and a voracious investor appetite for sovereign paper.
Michael Ballanger: Why technical analysis does not work for gold and silver
Submitted by cpowell on Thu, 2016-06-02 15:55 Section: Daily DispatchesBy Michael Ballanger
Thursday, June 2, 2016
I often include charts in my weekly missives for a number of reasons, but the truth of the matter is that they add a little color to what would normally be a pretty drab bombardment of opinion delivered via text.
Torgny Persson: Offshore bullion storage or three eggs?
Submitted by cpowell on Thu, 2016-06-02 13:51 Section: Daily Dispatches1:50p ET Thursday, June 2, 2016
Dear Friend of GATA and Gold:
Bullion Star proprietor Torgy Persson explains this week why Singapore, where Bullion Star is located, has become the superior jurisdiction for buying, selling, and vaulting gold. Persson's commentary is headlined "Offshore Bullion Storage or Three Eggs?" and it's posted at Bullion Star here:
Alasdair Macleod: Gold -- a reasonable correction?
Submitted by cpowell on Thu, 2016-06-02 13:43 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney, St. Helier, Jersey, Channel Islands
Thursday, June 2, 2016
Gold weakened during May by about $100, from a high point of $1300 to a low of $1,200.
This, for technical analysts, is entirely within the normal correction zone of a third to two-thirds of the previous rise, which would be 84 to 167 points.
Ted Butler: Hidden in full view
Submitted by cpowell on Thu, 2016-06-02 13:32 Section: Daily Dispatches1:32p ET Thursday, June 2, 2016
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler today details his belief that JPMorganChase has cornered the silver market by rigging futures prices low while acquiring real metal in anticipation of running the price up. Butler's commentary is headlined "Hidden in Full View" and it's posted at GoldSeek's companion site, SilverSeek, here:
Auto, housing debt worsens as petrodollar fades, Embry tells KWN
Submitted by cpowell on Wed, 2016-06-01 18:26 Section: Daily Dispatches6:25p ET Wednesday, June 1, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that auto loan debt in the United States has gotten junkier than mortgage debt, which is pretty junky itself, while the U.S. dollar is losing support from the oil trade. An excerpt from the interview is posted at KWN here:
Mike Kosares: Global mints report record silver coin sales for 2015
Submitted by cpowell on Wed, 2016-06-01 14:54 Section: Daily DispatchesBy Michael Kosares
USAGold.com, Centennial, Colorado
Wednesday, June 1, 2016
GoldSeek Radio interviews GATA Chairman Bill Murphy
Submitted by cpowell on Wed, 2016-06-01 13:17 Section: Daily Dispatches1:15p ET Wednesday, June 1, 2016
Dear Friend of GATA and Gold:
GoldSeek Radio's Chris Waltzek today interviews GATA Chairman Bill Murphy about the changing dynamics of gold and silver trading. The interview is 11 minutes long and can be head at GoldSeek here:
http://radio.goldseek.com/nuggets/murphy.05.31.16.mp3
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.