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Daily Dispatches

Texas governor signs gold depository legislation

Section: Daily Dispatches

The governor says here the state's gold is now at the Federal Reserve Bank of New York. But last month the gold was reported to be vaulted with HSBC in New York:

http://www.gata.org/node/15412

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Abbott Signs Law Creating Texas Depository for State Gold

From the Associated Press
via Beaumont (Texas) Enterprise
Friday, June 12, 2015

TF Metals Report: Here we go again -- another silver short squeeze looms

Section: Daily Dispatches

4:21p ET Friday, June 12, 2015

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today explains why he believes that a substantial short squeeze in silver is imminent, set up by the bullion banks, which will crush the hedge funds that are short and allow the bullion banks to prepare the next silver price smashdown.

All they had to do was monetize the gold from their own mines

Section: Daily Dispatches

Another rich country insisting on being poor.

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Zimbabwe to Phase Out Worthless Local Dollar

From Agence France-Presse
via Raidio Teilifis Eireann, Dublin
Thursday, June 11, 2015

http://www.rte.ie/news/business/2015/0611/707434-zimbabwe-dollar/

Alasdair Macleod: The fallacies of GDP

Section: Daily Dispatches

2:09p ET Thursday, June 11, 2015

Dear Friend of GATA and Gold:

GoldMoney's head of research, Alasdair Macleod, today explains why gross domestic product, a statistic worshipped by some economists, is misleading and does only harm.

Real Vision has great interview with Andrew Maguire about gold suppression

Section: Daily Dispatches

1:58p ET Thursday, June 11, 2015

Dear Friend of GATA and Gold:

Singapore-based fund manager Grant Williams has just done an outstanding and detailed interview with London metals trader Andrew Maguire in the Real Vision series of in-depth interviews with leading figures in the financial markets.

Among the topics discussed by Maguire and Williams:

Justice Department looks for rigging in Treasuries, gold, silver, oil

Section: Daily Dispatches

Treasuries Collusion Said to Be Hunted in New Wave of Probes

By Keri Geiger and Matthew Leising
Bloomberg News
Wednesday, June 10, 2015

Kranzler concurs with Goodman on Fed's rescue of Comex gold contract

Section: Daily Dispatches

12:42p ET Wednesday, June 10, 2015

Dear Friend of GATA and Gold:

Dave Kranzler of Investment Research Dynamics today concurs completely with Avery Goodman's analysis, published last night --

http://www.gata.org/node/15441

-- concluding that intervention by the Federal Reserve rescued the Comex gold contract from a default last month.

Koos Jansen and Miriam Campanella: The redeployment of Asia's FX reserves

Section: Daily Dispatches

9:27p ET Tuesday, June 9, 2015

Dear Friend of GATA and Gold:

The redeploying of Asia's foreign exchange reserves, Koos Jansen and Miriam Campanella write today, is likely to give a boost not just to the infrastructure of the developing world but also to gold's monetary role. Their commentary, "The Redeployment of Asia's Forex Reserves," is posted at Bullion Star here:

TF Metals Report: The 'war on cash'

Section: Daily Dispatches

1:20p ET Tuesday, June 9, 2015

Dear Friend of GATA and Gold:

Dave Kranzler: A derivatives bomb exploded within the last two weeks

Section: Daily Dispatches

10:14a ET Tuesday, June 9, 2015

Dear Friend of GATA and Gold:

Yesterday GoldMoney founder and GATA consultant James Turk, interviewed by King World News, warned of a financial collapse caused by a disastrous problem with derivatives:

http://www.gata.org/node/15437

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