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Daily Dispatches
Tough liquidity rules could push more banks out of gold, LBMA says
Submitted by cpowell on Mon, 2015-10-19 14:32 Section: Daily DispatchesBy Clara Denina
Reuters
Monday, October 19, 2015
VIENNA, Austria -- New liquidity rules for banks in the European Union could raise costs for those trading gold by up to 300 percent, forcing them to withdraw from the market, the head of the London Bullion Association said.
Will critical questions be raised about central banks at LBMA conference?
Submitted by cpowell on Mon, 2015-10-19 14:14 Section: Daily Dispatches2:15p ET Monday, October 19, 2015
Dear Friend of GATA and Gold:
Reporting from the London Bullion Market Association conference in Vienna, Bullion Vault's Adrian Ash writes that LBMA chief executive Ruth Crowell is talking about incorporating all four precious metals in an organization with much wider scope. Ash wonders if she means a "World Bullion Market Association."
Correction: Sinclair takes seminar on the road again, this time with Holter and Schectman
Submitted by cpowell on Mon, 2015-10-19 13:50 Section: Daily Dispatches8:52p ET Monday, October 19, 2015
Dear Friend of GATA and Gold:
Bron Suchecki: Gold, silver manipulation study lacked enough data
Submitted by cpowell on Mon, 2015-10-19 13:12 Section: Daily Dispatches1:10p ET Monday, October 19, 2015
Dear Friend of GATA and Gold:
Perth Mint research director Bron Suchecki is not terribly impressed by the study by Peak Prosperity's Dave Fairtex, called to your attention Sunday --
Technical analysis is useless in markets as rigged by government as gold and silver are
Submitted by cpowell on Mon, 2015-10-19 12:01 Section: Daily Dispatches12:06p ET Monday, October 19, 2015
Dear Friend of GATA and Gold:
Sunday's market letter by Toronto market analyst and mining entrepreneur Michael J. Ballanger, whose work often appears at GATA Chairman Bill Murphy's LeMetropoleCafe.com, eloquently reiterates some points made often by GATA.
TF Metals Report: Infinite supply of imaginary gold is about to smash Comex price again
Submitted by cpowell on Mon, 2015-10-19 08:25 Section: Daily Dispatches8:23a ET Monday, October 19, 2015
Dear Friend of GATA and Gold:
China mounts gold liquidity grab as London market reforms
Submitted by cpowell on Mon, 2015-10-19 08:15 Section: Daily DispatchesBy Clara Denina
Reuters
Monday, October 19, 2015
VIENNA, Austria -- As the London gold market enters its next phase of reform, a sense of urgency is key because competitors, including commodity consuming giant China, are poised with new products to grab liquidity and global influence.
London gold market under scrutiny as bullion world gathers
Submitted by cpowell on Sun, 2015-10-18 22:24 Section: Daily DispatchesBy Eddie Van Der Walt
Bloomberg News
Sunday, October 18, 2015
The gold industry won't just be guessing where prices are heading at its annual gathering in Vienna this week. It will ponder how to change London's spot market, the biggest in the world.
China is selling tons of U.S. debt but Americans couldn't care less
Submitted by cpowell on Sun, 2015-10-18 22:12 Section: Daily DispatchesBy Daniel Kruger
Bloomberg News
Sunday, October 18, 2015
For all the dire warnings over China's retreat from U.S. government debt, there is one simple fact that is being overlooked: American demand is as robust as ever.
Dave Fairtex: The smoking gun proving silver and gold manipulation
Submitted by cpowell on Sun, 2015-10-18 11:10 Section: Daily Dispatches11:09a ET Sunday, October 18, 2015
Dear Friend of GATA and Gold: