Daily Dispatches

TF Metals Report: July 19 raid on gold was meant to drain GLD

Submitted by cpowell on Sun, 2015-08-02 14:38 Section: Daily Dispatches

2:37p ET Sunday, August 2, 2015

Dear Friend of GATA and Gold:

The raid on gold of Sunday night, July 19, was staged by bullion banks to drain more tonnage from the exchange-traded fund GLD to be sent to Asia, the TF Metals Report's Turd Ferguson writes.

Read more about TF Metals Report: July 19 raid on gold was meant to drain GLD

India's gold imports up 61% at 155 tonnes in April-May

Submitted by cpowell on Sun, 2015-08-02 14:27 Section: Daily Dispatches

From the Press Trust of India
via The Times of India, Mumbai
Sunday, August 2, 2015

NEW DELHI -- India's gold imports shot up by about 61 percent to 155 tonnes in the first two months of the current fiscal mainly due to weak prices globally and the easing of restrictions by the Reserve Bank.

Read more about India's gold imports up 61% at 155 tonnes in April-May

South African mineworkers union rejects wage hike from gold producers

Submitted by cpowell on Sun, 2015-08-02 14:20 Section: Daily Dispatches

By Zandi Shabalala
Reuters
Sunday, August 2, 2015

http://www.reuters.com/article/2015/08/02/safrica-gold-unions-idUSL5N10D...

Members of South Africa's Association of Mineworkers and Construction Union on Sunday rejected a wage offer from gold producers of increases of up to 17 percent, spokesman Manzini Zungu said.

Read more about South African mineworkers union rejects wage hike from gold producers

No need for 'theories' with gold -- just address the facts and documentation

Submitted by cpowell on Fri, 2015-07-31 23:44 Section: Daily Dispatches

11:40p ET Friday, July 31, 2015

Dear Friend of GATA and Gold:

Here's another financial analyst who can't be bothered with actual analysis, at least when it comes to gold: Peter Hodson of 5i Research Inc. of Waterloo, Ontario, former chairman of Sprott Asset Management.

Read more about No need for 'theories' with gold -- just address the facts and documentation

Ted Butler: Price takers and price makers

Submitted by cpowell on Thu, 2015-07-30 13:28 Section: Daily Dispatches

1:27p ET Thursday, July 30, 2015

Dear Friend of GATA and Gold:

Read more about Ted Butler: Price takers and price makers

TF Metals Report: Heavy silver futures contract deliveries in July

Submitted by cpowell on Thu, 2015-07-30 13:14 Section: Daily Dispatches

1:13p ET Thursday, July 30, 2015

Dear Friend of GATA and Gold:

Read more about TF Metals Report: Heavy silver futures contract deliveries in July

As gold price falls, miners pick derivatives to protect income

Submitted by cpowell on Thu, 2015-07-30 12:55 Section: Daily Dispatches

By Jan Harvey
Reuters
Thursday, July 30, 2015

LONDON -- Gold mining companies are turning increasingly to derivatives to lock in future revenues, as an industry still smarting from losing out on a 12-year bull run gets creative over protecting its income during the metal's current downturn.