You are here
Daily Dispatches
Incrementum's 'In Gold We Trust' report for 2015 -- valuation anomalies galore
Submitted by cpowell on Thu, 2015-06-25 22:21 Section: Daily Dispatches10:28p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Liechtenstein-based asset management firm Incrementum partners Ronald-Peter Stoeferle and Mark J. Valek today published the firm's annual "In Gold We Trust" report, a magisterial review of gold's standing in the financial markets.
Alasdair Macleod: Managing trade deficits
Submitted by cpowell on Thu, 2015-06-25 15:34 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, June 25, 2015
Currency devaluation is seen by nearly every macro-economist to be the cure for trade deficits.
LBMA to start reporting OTC gold trade soon; exchange model seen costly
Submitted by cpowell on Thu, 2015-06-25 08:40 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, June 25, 2015
SHANGHAI -- The London Bullion Market Association could soon take steps to report trades of the over-the-counter gold market, but the prospect of higher costs makes an exchange-traded model unattractive to participants for now, its chief executive said.
China plans to launch yuan gold fix by end of this year
Submitted by cpowell on Thu, 2015-06-25 08:28 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Thursday, June 25, 2015
SHANGHAI -- China plans to launch a yuan-denominated gold fix by the end of 2015 via the Shanghai Gold Exchange in a move aimed at giving the world's biggest bullion producer and consumer more influence over pricing.
San Diegans shun chance to get $160 silver bar for $10
Submitted by cpowell on Wed, 2015-06-24 16:29 Section: Daily Dispatches4:32p ET Thursday, June 25, 2015
Dear Friend of GATA and Gold:
Political provocateur Mark Dice today posted an amusing video demonstrating the financial ignorance of pedestrians outside a coin shop in San Diego, California, where he tried without success to sell a 10-ounce silver bar for $10, about $150 less than what the shop presumably would have purchased it for.
TF Metals Report: The silver short bubble
Submitted by cpowell on Wed, 2015-06-24 15:48 Section: Daily Dispatches3:45p ET Wednesday, June 24, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today marvels at the record open interest in silver futures on the New York Commodity Exchange, which, he argues, is a "short bubble" about to pop.
Another excuse for U.S. government to keep shorting gold futures
Submitted by cpowell on Wed, 2015-06-24 15:07 Section: Daily DispatchesTerror Group Supporters Reveal Photographs of Gold Coins on Social Media
From the Daily Mail, London
Tuesday, June 23, 2015
ISIS supporters have been showing off the depraved jihadi group's latest propaganda ploy on social media -- the Islamic State's own currency.
Zero Hedge: Gold and silver slammed in mini-flash crash
Submitted by cpowell on Wed, 2015-06-24 10:49 Section: Daily DispatchesFrom Zero Hedge, New York
Wednesday, June 24, 2015
Fifteen minutes after GDP data was released -- showing Q1 was indeed as weak as expected and inventories suggesting Q2 will be just as weak -- someone decided it was an appropriate time to dump over half a billion dollars of notional gold on the futures market. ...
... For the remainder of the report:
New York Sun: The Bernanke ten-spot
Submitted by cpowell on Tue, 2015-06-23 20:35 Section: Daily DispatchesFrom the New York Sun
Tuesday, June 23, 2015
Now he tells us. The former chairman of the Federal Reserve, Ben Bernanke, is claiming in a blog post that he's a huge fan of Alexander Hamilton.
Ronan Manly: London gold fix prior to this year wasn't really so primitive
Submitted by cpowell on Mon, 2015-06-22 23:23 Section: Daily Dispatches11:20p ET Monday, June 22, 2015
Dear Friend of GATA and Gold: