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Daily Dispatches
Once booming, Nevada gold output falls to 1988 level
Submitted by cpowell on Sun, 2015-09-13 09:51 Section: Daily DispatchesBy Sean Whaley
Las Vegas (Nevada) Review-Journal
Saturday, September 12, 2015
CARSON CITY, Nevada -- Gold production in Nevada fell to less than 5 million ounces in 2014, the first time since 1988 that output of the precious metal has dipped so low.
Eric Sprott discusses contrarian investing and metals price suppression
Submitted by cpowell on Sat, 2015-09-12 10:32 Section: Daily Dispatches10:30a ET Saturday, September 12, 2015
Dear Friend of GATA and Gold:
Alasdair Macleod: Equity markets and credit contraction
Submitted by cpowell on Sat, 2015-09-12 10:13 Section: Daily Dispatches10:12a ET Saturday, September 12, 2015
Dear Friend of GATA and Gold:
Founder of Bitcoin exchange MtGox charged with embezzlement
Submitted by cpowell on Sat, 2015-09-12 09:58 Section: Daily DispatchesFrom Agence France-Presse
via The Telegraph, London
Friday, September 11, 2015
Japanese prosecutors have charged the head of collapsed Bitcoin exchange MtGox with embezzlement, amid fraud allegations over the disappearance of hundreds of millions of dollars' worth of the virtual currency.
Mounties allege inside theft at Royal Canadian Mint
Submitted by cpowell on Sat, 2015-09-12 09:54 Section: Daily DispatchesBy Kelly Eagan
Ottawa Citizen
Friday, September 11, 2015
On Sept. 16, in Courtroom No. 5, an Ottawa man is to appear on charges with a Hollywood ring: smuggling gold from the fortress-like Royal Canadian Mint.
Big banks in $1.87 billion swaps price-fixing settlement
Submitted by cpowell on Fri, 2015-09-11 12:40 Section: Daily DispatchesBy Jonathan Stempel
Reuters
Friday, September 11, 2015
NEW YORK -- Twelve major banks have reached a $1.865 billion settlement to resolve investor claims that they conspired to fix prices and restrain competition in the roughly $16 trillion market for credit default swaps, a lawyer for the investors said today.
Citi shared central bank trading info with clients, former trader says
Submitted by cpowell on Thu, 2015-09-10 20:12 Section: Daily DispatchesBy Jamie McGeever
Reuters
Thursday, September 10, 2015
LONDON -- Citigroup sent details of its central bank customers' trading activity to another client and handed out details of its foreign exchange order book to customers in electronic chat rooms, a former foreign exchange trader said in a witness statement to a London court today.
Bron Suchecki: Indian government's gold bond plan aims to depress gold price
Submitted by cpowell on Thu, 2015-09-10 18:53 Section: Daily Dispatches6:50p ET Thursday, September 10, 2015
Dear Friend of GATA and Gold:
Shanghai Gold Exchange expands trading collateral to help volume
Submitted by cpowell on Thu, 2015-09-10 10:50 Section: Daily DispatchesFrom Bloomberg News
Thursday, September 10, 2015
The Shanghai Gold Exchange, the world's largest physical bullion marketplace, plans to expand trading collateral to precious metals, foreign exchange, and securities from local currency now, according to statements posted on its website Thursday. The move is designed to "boost market services," it said.
Koos Jansen: It's virtually impossible to get physical gold in London
Submitted by cpowell on Thu, 2015-09-10 09:47 Section: Daily Dispatches9:46a ET Thursday, September 10, 2015
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen today notes indications that gold and silver supplies are tight. His commentary is headlined "It's Virtually Impossible to Get Physical Gold in London" and it's posted at Bullion Star here: