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Daily Dispatches
Dave Kranzler: Anti-gold propaganda reaches bubble proportions
Submitted by cpowell on Thu, 2015-07-23 13:03 Section: Daily Dispatches1:02p ET Thursday, July 23, 2015
Dear Friend of GATA and Gold:
In his new commentary, "Anti-Gold Propaganda Reaches Bubble Proportions," Dave Kranzler of Investment Research Dynamics argues that there really isn't any gold "market" now that central banks and governments are rigging it so much. Kranzler's commentary is posted at the IRD Internet site here:
Alasdair Macleod: Gold and Gibson's paradox
Submitted by cpowell on Thu, 2015-07-23 12:59 Section: Daily Dispatches1p ET Thursday, July 23, 2015
Dear Friend of GATA and Gold:
Rising interest rates don't necessarily mean falling gold prices, GoldMoney research chief Alasdair Macleod writes today, noting the gold and interest rates rose together in the 1970s. Macleod's commentary is headlined "Gold and Gibson's Paradox" and it's posted at GoldMoney here:
Now even Reuters acknowledges gold market rigging ....
Submitted by cpowell on Thu, 2015-07-23 11:34 Section: Daily Dispatches... but like all news services Reuters may need another few hundred years before it questions any central bank about its surreptitious trading.
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Bullion Dealers Trade Blame in Hunt for 'Bear Raid' Leader
By Manolo Serapio Jr. and Ruby Lian
Reuters
Thursday, July 23, 2015
Marcia Christoff-Kurapovna: Central banks and our dysfunctional gold markets
Submitted by cpowell on Thu, 2015-07-23 11:21 Section: Daily Dispatches11:20a ET Thursday, July 23, 2015
Dear Friend of GATA and Gold:
GATA's account of gold market rigging has made its way to the Mises Institute, thanks to an essay by financial writer Marcia Christoff-Kurapovna, "Central Banks and Our Dysfunctional Gold Markets." Your secretary/treasurer even gets quoted, which doesn't happen much on this planet.
Seth Lipsky in The Wall Street Journal: Fifty years of debasing money
Submitted by cpowell on Wed, 2015-07-22 10:39 Section: Daily DispatchesBy Seth Lipsky
The Wall Street Journal
Wednesday, July 22, 2105
July 23 marks the 50th anniversary of the Coinage Act of 1965, which stripped U.S. coins of silver and made legal tender out of base metal slugs. It's an anniversary that comes at an apt time, as Congress considers monetary reform.
Bron Suchecki: What's the spin on the gold smash?
Submitted by cpowell on Wed, 2015-07-22 08:34 Section: Daily Dispatches8:30a ET Wednesday, July 22, 2015
Dear Friend of GATA and Gold:
Gold's plunge sparks retail demand in China, India
Submitted by cpowell on Wed, 2015-07-22 08:29 Section: Daily DispatchesBy Biman Mukherji, Alice Kantor, and Rhiannon Hoyle
The Wall Street Journal
Wednesday, July 22, 2015
HONG KONG -- Gold's plunge to five-year lows this week has prompted a swift rise in demand from jewelry retailers in China and India, the world's top consumers of gold, leading to a doubling of premiums paid on physical gold.
Mark O'Byrne: Sunday night's brazen attack on gold starts to prompt questions
Submitted by cpowell on Tue, 2015-07-21 15:56 Section: Daily Dispatches3:55p ET Tuesday, July 21, 2015
Dear Friend of GATA and Gold:
GoldCore's Mark O'Byrne today notes that Monday's brazen bear raid on the gold price has prompted questions from a few usually oblivious sources. His commentary is headlined "Gold Hammered Down In Sunday Night's 2-Minute, $2.7 Billion 'Unprecedented Attack'" and it's posted at GoldCore here:
Telegraph sniffs out a little disinformation surrounding gold smash
Submitted by cpowell on Mon, 2015-07-20 16:31 Section: Daily DispatchesBut might not those "powerful speculators" be central banks themselves?
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Speculators Smash Gold as Dollar Squeeze Tightens
By Ambrose Evans-Pritchard
The Telegraph, London
Monday, July 20, 2015
Dave Kranzler: Gold and silver shortages acute, GLD is being looted again
Submitted by cpowell on Mon, 2015-07-20 15:08 Section: Daily Dispatches3:07p ET Monay, July 20, 2015
Dear Friend of GATA and Gold: