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Somebody wants gold shares at distress prices
Submitted by cpowell on Tue, 2014-11-04 20:17 Section: Daily DispatchesPetropavlovsk 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
Submitted by cpowell on Tue, 2014-11-04 19:54 Section: Daily Dispatches7:54p 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.
Turk: Gold and silver in backwardation -- Embry: Silver is most undervalued asset ever
Submitted by cpowell on Mon, 2014-11-03 19:07 Section: Daily Dispatches7:07p ET Monday, November 3, 2014
Dear Friend of GATA and Gold:
JPMorgan faces U.S. criminal probe Into currency trading
Submitted by cpowell on Mon, 2014-11-03 18:45 Section: Daily DispatchesBy 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?
Submitted by cpowell on Mon, 2014-11-03 14:25 Section: Daily DispatchesNo. 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
Submitted by cpowell on Mon, 2014-11-03 14:08 Section: Daily Dispatches2:05p 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?
Submitted by cpowell on Mon, 2014-11-03 13:40 Section: Daily Dispatches1:51p 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
Submitted by cpowell on Mon, 2014-11-03 12:01 Section: Daily DispatchesBy 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.
Chinese gold demand insatiable, Jansen reports; in Germany, a run on silver
Submitted by cpowell on Mon, 2014-11-03 07:49 Section: Daily Dispatches7:50a ET Monday, November 3, 2014
Dear Friend of GATA and Gold:
Chinese gold demand continues to be huge, insatiable, and largely ignored or underestimated by the Western financial news media, Bullion Star market analyst and GATA consultant Koos Jansen reports today:
https://www.bullionstar.com/blog/koos-jansen/insatiable-chinese-gold-dem...
Chris Martenson interviews Ted Butler about commodity price suppression
Submitted by cpowell on Sun, 2014-11-02 19:56 Section: Daily Dispatches7:56p ET Sunday, November 2, 2014
Dear Friend of GATA and Gold: