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Daily Dispatches

World Gold Council has nothing to say about Swiss gold referendum

Section: Daily Dispatches

... or about anything else that matters. The council won't help gold if it might offend a central bank.

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1,500 Tons of Gold on the Line in Swiss Vote to Buy Back Bullion

By Nicholas Larkin and Catherine Bosley
Bloomberg News
Wednesday, November 5, 2014

Plunging gold price has mining companies selling at a loss

Section: Daily Dispatches

Anybody heard a peep from the World Gold Council, or from the miners themselves?

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Plunging Gold Price Has Mining Companies Selling at Loss

By Liezel Hill and Kevin Crowley
Bloomberg News
Wednesday, November 5, 2014

Somebody wants gold shares at distress prices

Section: Daily Dispatches

Petropavlovsk Shares Jump on Consortium's Rescue Bid

By Ashley Armstrong
The Telegraph, London
Tuesday, November 4, 2014

Shares in Peter Hambro's Russian mining business jumped by almost 20 percent after it emerged that a consortium fronted by Oleg Deripaska's right-hand man was attempting to gatecrash its rights issue plans.

Dave Kranzler: Proof that gold is manipulated using paper gold

Section: Daily Dispatches

7:54p ET Tuesday, November 4, 2014

Dear Friend of GATA and Gold:

Echoing the work of GATA's late board member Adrian Douglas from 2010, market analyst and fund manager Dave Kranzler of Investment Research Dynamics in Denver today published a chart showing that gold almost always rises when the Asian physical markets are open and falls when the London and New York paper markets are open.

JPMorgan faces U.S. criminal probe Into currency trading

Section: Daily Dispatches

By Hugh Son and Michael J. Moore
Bloomberg News
Monday, November 3, 2014

NEW YORK -- JPMorgan Chase & Co. said today it faces a U.S. criminal probe into the firm's foreign-exchange business and increased the upper end of its "reasonably possible losses" related to legal matters.

Is that where all that gold going into China is coming from?

Section: Daily Dispatches

No. 1 Gold ETF Sees Biggest Monthly Outflow This Year in October

By Jan Harvey
Reuters
Monday, November 3, 2014

LONDON -- The world's largest gold-backed exchange-traded fund, New York's SPDR Gold Shares, saw an outflow of over $1 billion of metal last month as investors lightened holdings in anticipation of a further price drop from current four-year lows.

GoldCore details Swiss National Bank's dissembling about gold reserves

Section: Daily Dispatches

2:05p ET Monday, November 3, 2014

Dear Friend of GATA and Gold:

The Swiss National Bank's evasiveness and dissembling about the location and disposition of Switzerland's gold reserves is explored in detail in GoldCore's daily gold market commentary, written today by Ronan Manley:

http://www.goldcore.com/goldcore_blog/Where_Is_Swiss_Gold_Location_Locat...

What kind of financial journalism doesn't care and doesn't ask questions?

Section: Daily Dispatches

1:51p ET Monday, November 3, 2014

Dear Friend of GATA and Gold:

With his sneering at GATA today, commodity letter writer Dennis Gartman (https://www.thegartmanletter.com/) inadvertently signifies what's wrong about Western financial journalism -- its fear of committing journalism.

Germany's euroskeptic party sells gold bars and coins to raise funds

Section: Daily Dispatches

By Justin Huggler
The Telegraph, London
Monday, November 3, 2014

BERLIN -- Germany's rising eurosceptic party, riding high following its recent electoral successes, has branched out in a somewhat surprising direction -- and entered the gold-trading market.

The Alternative for Germany (AfD) has started selling gold bars and coins online to raise funds for its operations.

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