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Daily Dispatches
China finally says how much gold it has, but nobody believes it
Submitted by cpowell on Fri, 2015-07-17 20:02 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch.com
Friday, July 17, 015
China released data on its gold holdings for the first time in about six years, but investors say the guessing game about the country's actual inventory continues.
China's official gold reserves total is still phony -- and so is most everybody else's
Submitted by cpowell on Fri, 2015-07-17 18:58 Section: Daily Dispatches7:41p ET Friday, July 17, 2015
Dear Friend of GATA and Gold:
Most people in the gold business seem disappointed with China's announcement today of its gold reserve total, which, as Sharps Pixley CEO Ross Norman told The Wall Street Journal, was only about half of what the market expected, since it was the first updating of gold reserves by the People's Bank of China in six years:
China gold reserves top Russia in first disclosure since 2009
Submitted by cpowell on Fri, 2015-07-17 09:45 Section: Daily DispatchesFrom Bloomberg News
Friday, July 17, 2015
China increased its gold reserves 57 percent, overtaking Russia to become the country with the fifth-largest hoard in its first disclosure in six years.
In GoldSilver.com interview, Steer cites gradual acceptance of GATA's work
Submitted by cpowell on Fri, 2015-07-17 07:48 Section: Daily Dispatches7:45a ET Friday, July 17, 2015
Dear Friend of GATA and Gold:
In the final segment of his interview with Mike Maloney of GoldSilver.com, GATA board member and newsletter writer Ed Steer discusses GATA's work exposing the manipulation of the gold market and the gradual acceptance of that work. The segment is five minutes long and is posted at GoldSilver.com here:
Alasdair Macleod: Credit deflation and gold
Submitted by cpowell on Thu, 2015-07-16 21:18 Section: Daily Dispatches9:17p ET Thursday, July 16, 2015
Dear Friend of GATA and Gold:
Connecticut Public Radio program on gold includes GATA secretary
Submitted by cpowell on Wed, 2015-07-15 21:01 Section: Daily Dispatches9p ET Wednesday, July 15, 2015
Dear Friend of GATA and Gold:
TF Metals Report: Another Comex oddity
Submitted by cpowell on Wed, 2015-07-15 16:32 Section: Daily Dispatches4:30p ET Wednesday, July 15, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today describes indications of surprisingly strong delivery claims for silver contracts on the New York Commodities Exchange, possibly an indication of tightness in supply. His commentary is headlined "Another Comex Oddity" and it's posted at the TF Metals Report here:
Paul Mylchreest: Signs of a trend change in the monetary metals
Submitted by cpowell on Wed, 2015-07-15 00:31 Section: Daily Dispatches12:30a ET Wednesday, July 15, 2015
Dear Friend of GATA and Gold:
Market analyst Paul Mylchreest of ADM Investor Services International Ltd. in London, who a year and a half ago speculated that gold was being shorted and suppressed as part of a trade that was long the Japanese stock index --
Bron Suchecki: China to control the gold price, but with physical or paper?
Submitted by cpowell on Tue, 2015-07-14 21:38 Section: Daily Dispatches9:37p ET Tuesday, July 14, 2015
Dear Friend of GATA and Gold:
GATA's Ed Steer interviewed on the big anomaly in monetary metals prices
Submitted by cpowell on Tue, 2015-07-14 21:30 Section: Daily Dispatches9:30p ET Tuesday, July 14, 2015
Dear Friend of GATA and Gold: