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Daily Dispatches

Technical analysts have a right to be angry, but not at 'gold bugs'

Section: Daily Dispatches

2:42p ET Tuesday, January 27, 2015

Dear Friend of GATA and Gold:

In an essay headlined "Decoding the Gold COTs: Myth vs. Reality," market analyst Dan Norcini notes that futures markets have a huge influence on commodity prices and that market participants often place trades there first in anticipation of placing trades in the cash market:

German probe finds no signs of manipulation in gold market

Section: Daily Dispatches

By Shane Strowmatt and Nicholas Comfort
Bloomberg News
Tuesday, January 27, 2015

FRANKFURT, Germany -- Germany's financial regulator BaFin has found no evidence to support allegations of manipulation in the gold market or that currency exchange rates were systematically rigged, according to its head of banking supervision, Raimund Roeseler.

Russia buys gold for ninth month, but IMF was wrong about purchase by Netherlands

Section: Daily Dispatches

By A. Ananthalakshmi
Reuters
Tuesday, January 27, 2015

SINGAPORE -- Russia extended its buying spree of gold to a ninth straight month, and the price of gold rose for the first time in five months, data from the International Monetary Fund showed today.

Koos Jansen: India's silver exports rose to record in 2014

Section: Daily Dispatches

8:26a ET Monday, January 26, 2015

Dear Friend of GATA and Gold:

Bank of England governor warns of liquidity storm as currency system turns upside down

Section: Daily Dispatches

By Ambrose Evans-Pritchard and Szu Ping Chan
The Telegraph, London
Saturday, January 24, 2015

DAVOS, Switzerland -- The governor of the Bank of England has warned markets to brace for possible trouble in 2015 as the US Federal Reserve tightens monetary policy and liquidity evaporates, fearing that the new financial order has yet to face its first real test.

Biggest private fund in Finland says QE destroying price signals

Section: Daily Dispatches

By Kati Pohjanpalo
Bloomberg News
Sunday, January 25, 2015

HELSINKI, Finland -- Finland's biggest private investor with $45 billion under management said asset purchases by the European Central Bank are undermining investors' ability to price bonds.

New York Fed's gold vaults' depositors and metal have been declining steadily

Section: Daily Dispatches

12:20a ET Monday, January 26, 2015

Dear Friend of GATA and Gold:

Thailand bourse gearing up for gold exchange

Section: Daily Dispatches

By Nuntawun Polkuamdee
Bangkok Post, Thailand
Monday, January 26, 2015

The Stock Exchange of Thailand is gearing up for the establishment of the country's first physical gold exchange after major gold dealers agreed to become members of the new spot gold exchange.

CME starts gold futures in Hong Kong in price-benchmark rivalry

Section: Daily Dispatches

By Glenys Sim
Bloomberg News
Sunday, January 25, 2015

CME Group Inc. started physically delivered kilobar gold futures in Hong Kong as it joins a slew of other exchanges vying to establish new price benchmarks in the biggest consuming region.

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