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Daily Dispatches
China's commodity collateral scandal will press gold up, Pento tells KWN
Submitted by cpowell on Sun, 2014-06-29 11:52 Section: Daily Dispatches11:50a Sunday, June 29, 2014
Dear Friend of GATA and Gold:
Fund manager Michael Pento tells King World News that the commodity collateral scandal in China is likely to put upward pressure on gold as real metal is sought to replace imaginary metal:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/29_Ch...
Gene Arensberg: 'Managed money' shifts from short to long in gold
Submitted by cpowell on Sun, 2014-06-29 11:46 Section: Daily Dispatches11:40a ET Sunday, June 29, 2014
Dear Friend of GATA and Gold:
Gene Arensberg of the Got Gold Report today analyzes the recent short-covering in gold futures by "managed money" traders who apparently have concluded that gold's next move is up. Arensberg's commentary is headlined "COMEX Managed Money Traders Cover One-Week Record Number of Gold Shorts" at it's posted at the GGR here:
Gold analyst Stoferle interviewed about his latest report
Submitted by cpowell on Sun, 2014-06-29 11:36 Section: Daily Dispatches11:35a ET Sunday, June 29, 2014
Dear Friend of GATA and Gold:
Gene Arensberg: Comex managed money traders covering silver shorts big-time
Submitted by cpowell on Sat, 2014-06-28 12:29 Section: Daily Dispatches12:25p ET Saturday, June 28, 2014
Dear Friend of GATA and Gold:
South African miners quit World Gold Council because of costs
Submitted by cpowell on Sat, 2014-06-28 12:19 Section: Daily DispatchesIf the World Gold Council ever got interested in helping to overthrow gold price suppression, maybe its South African members could afford to rejoin.
* * *
By Kevin Crowley
Bloomberg News
Friday, June 27, 2014
http://www.bloomberg.com/news/2014-06-27/south-african-miners-quit-world...
Hathaway says paper gold won't work when needed; Celente suspects gold is gone
Submitted by cpowell on Fri, 2014-06-27 22:43 Section: Daily Dispatches10:45p Friday, June 27, 2014
Dear Friend of GATA and Gold:
Tocqueville Gold Fund manager John Hathaway tells King World News tonight that paper gold won't do when gold is really needed:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/6/27_Ha...
Market regulators defer to supporting the corrupt banking system, Sprott says
Submitted by cpowell on Fri, 2014-06-27 22:37 Section: Daily Dispatches10:36p ET Friday, June 27, 2014
Dear Friend of GATA and Gold:
Market regulators are declining to do their jobs because the primary objective of government policy now is only to support the corrupt banking system, Sprott Asset Management CEO Eric Sprott remarks on the Sprott Money News weekly review. The interview is six minutes long and can be heard here:
Gene Arensberg: Biggest traders go hugely short silver
Submitted by cpowell on Fri, 2014-06-27 21:48 Section: Daily Dispatches9:48p ET Friday, June 27, 2014
Dear Friend of GATA and Gold:
Over at the Got Gold Report, Gene Arensberg writes tonight that the biggest traders have gone heavily short in silver, ordinarily terribly bearish.
Roberts says the gold is gone; Barron says to watch Iraq
Submitted by cpowell on Fri, 2014-06-27 14:32 Section: Daily Dispatches2:30p ET Friday, June 27, 2014
Dear Friend of GATA and Gold:
Interviewed by King World News, former Assistant U.S. Treasury Paul Craig Roberts explains why he thinks the U.S. gold reserve and the gold of other countries held in custody by the United States are gone:
Mike Kosares: Three developing situations bearing on gold
Submitted by cpowell on Fri, 2014-06-27 13:49 Section: Daily Dispatches1:45p Friday. June 27, 2014
Dear Friend of GATA and Gold:
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