Daily Dispatches

Mike Kosares: Hoard of ancient Roman coins argues for gold ownership today

Submitted by cpowell on Tue, 2015-11-24 11:37 Section: Daily Dispatches

11:35a ET Tuesday, November 24, 2015

Dear Friend of GATA and Gold:

A recently discovered hoard of ancient Roman coins that are mostly bronze with just 5 percent silver content nevertheless makes the case for ownership of the monetary metals today, USA Gold's Mike Kosares writes.

The hoard also may demonstrate the correlation of political and societal decline with currency debasement.

Read more about Mike Kosares: Hoard of ancient Roman coins argues for gold ownership today

Avery Goodman: Defaults on gold loans in China will increase, not reduce, demand

Submitted by cpowell on Tue, 2015-11-24 00:32 Section: Daily Dispatches

12:24a ET Tuesday, November 24, 2015

Dear Friend of GATA and Gold:

Securities lawyer and gold market analyst Avery Goodman has joined GATA consultant Koos Jansen in accusing the Reuters news agency of false and possibly deliberately false reporting about gold.

Jansen's accusation was brought to you yesterday:

http://www.gata.org/node/15956

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The scandal isn't what's illegal -- it's what's perfectly legal

Submitted by cpowell on Mon, 2015-11-23 21:26 Section: Daily Dispatches

9:42p ET Monday, November 23, 2015

Dear Friend of GATA and Gold:

Citing the Bloomberg News report brought to your attention this afternoon about the New York attorney general's supposed investigation of the use of "spoofing" to manipulate the foreign-exchange market --

http://www.gata.org/node/15957

Read more about The scandal isn't what's illegal -- it's what's perfectly legal

Richard Russell, publisher of Dow Theory Letters, dies at 91

Submitted by cpowell on Mon, 2015-11-23 20:44 Section: Daily Dispatches

By Laurence Arnold
Bloomberg News
Monday, November 23, 2015

Richard Russell, who shared his technical analysis with subscribers through the influential Dow Theory Letters since 1958, has died. He was 91.

He died Nov. 21 at his home in La Jolla, California, his family said in a message to subscribers on the publication's website:

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Liquidity deteriorates for U.S. treasuries

Submitted by cpowell on Mon, 2015-11-23 13:19 Section: Daily Dispatches

Joe Rennison
Financial Times, London
Monday, November 23, 2015

NEW YORK -- Trading in the world's biggest government bond market has become increasingly challenging as the large banks that support transactions focus on slimming down their balance sheets.

Read more about Liquidity deteriorates for U.S. treasuries

Currency spoofing is said to be New York's latest target

Submitted by cpowell on Mon, 2015-11-23 13:03 Section: Daily Dispatches

By Karl Gelger
Bloomberg News
Monday, November 23, 2015

The New York attorney general is investigating possible manipulation in foreign-exchange trading, according to a person familiar with the matter, aiming more scrutiny at a market already tainted by scandals that have led to billions of dollars in fines.

Read more about Currency spoofing is said to be New York's latest target

Koos Jansen: Reuters joins gold council in concealing Chinese gold demand

Submitted by cpowell on Mon, 2015-11-23 12:01 Section: Daily Dispatches

12:01p ET Monday, November 23, 2015

Dear Friend of GATA and Gold:

GATA researcher and GATA consultant Koos Jansen writes today that Reuters has joined the World Gold Council in concealing robust demand for gold from China. Jansen's commentary is headlined "Reuters Spreads False Information Regarding The Chinese Gold Lease Market" and it's posted at Bullion Star here: