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Daily Dispatches
Koos Jansen: GOFO and the gold wholesale market
Submitted by cpowell on Mon, 2016-02-22 21:36 Section: Daily Dispatches9:32p ET Monday, February 22, 2016
Dear Friend of GATA and Gold:
New York Sun: Ronald Reagan's gold
Submitted by cpowell on Mon, 2016-02-22 17:11 Section: Daily DispatchesFrom the New York Sun
Monday, February 22, 2016
Fed official warns on rush to 'government-only' U.S. money funds
Submitted by cpowell on Mon, 2016-02-22 16:17 Section: Daily DispatchesBy Jonathan Spicer
Reuters
Monday, February 22, 2016
NEW YORK -- The Federal Reserve's top markets official warned on Monday that a trend of U.S. money market firms converting funds from "prime" to "government-only" could be sharply reversed and harm the overall execution of policy when a new Fed tool is eventually dismantled.
GoldMoney's Turk sees potential for short squeeze in silver
Submitted by cpowell on Mon, 2016-02-22 16:08 Section: Daily Dispatches4:06p ET Monday, February 22, 2016
Dear Friend of GATA and Gold:
Longs and shorts alike are nervous about the option expirations in silver this week, GoldMoney founder and GATA consultant James Turk tells King World News today. The elements are present for a short squeeze in the metal, Turk says. An excerpt from the interview is posted at the KWN blog here:
Douglas Pollitt: Just 30 tonnes of gold can be troublesome these days
Submitted by cpowell on Sun, 2016-02-21 13:56 Section: Daily Dispatches1:55p ET Sunday, February 21, 2016
Dear Friend of GATA and Gold:
In his firm's market letter for February, Douglas Pollitt of Pollitt & Co. in Toronto notes what seem to be much tighter conditions in the market for physical gold and remarks that an order for even 30 tonnes of metal can seem troublesome these days.
Will next weekend bring 'the big reset'?
Submitted by cpowell on Sat, 2016-02-20 13:44 Section: Daily DispatchesWhy, According to One Bank, Massive Central Bank Intervention Is Imminent
From Zero Hedge, New York
Saturday, February 20, 2016
Any time the relative performance of global financials to U.S. Treasuries has stumbled as far as it has, as shown in the chart below, it has meant one thing -- a major central bank intervention was imminent.
Sensitive data removed from China central bank report on capital flows
Submitted by cpowell on Sat, 2016-02-20 13:35 Section: Daily DispatchesLooks like the People's Bank of China has learned from the gold accounting fog used by the International Monetary Fund.
* * *
By Zhou Xin and Wendy Wu
South China Morning Post, Hong Kong
Friday, February 19, 2016
Sensitive data is missing from a regular Chinese central bank report amid concerns about capital outflow as the economy slows and the yuan weakens.
Koos Jansen: Gold from Venezuelan reserve lands in Switzerland
Submitted by cpowell on Fri, 2016-02-19 16:06 Section: Daily Dispatches4p ET Friday, February 19, 2016
Dear Friend of GATA and Gold:
Physical purchases thwart gold price suppression, Maguire tells KWN
Submitted by cpowell on Fri, 2016-02-19 12:38 Section: Daily Dispatches12:37p ET Friday, February 19, 2016
Dear Friend of GATA and Gold:
New York Fed warns that asset managers are vulnerable to 'runs'
Submitted by cpowell on Thu, 2016-02-18 16:20 Section: Daily DispatchesBy Robin Wigglesworth
Financial Times, London
Thursday, February 18, 2016
The New York Federal Reserve has warned that asset managers are vulnerable to quasi-bank runs that can cause "significant negative spillovers" across financial markets.