You are here
Daily Dispatches
Indian government encourages 'gold' funds NOT to hold real metal
Submitted by cpowell on Tue, 2013-02-19 11:19 Section: Daily DispatchesBaubles to Bars: India's Gold Culture Defies Curbs
Kay Johnson
Associated Press
via U.S. News and World Report
Tuesday, February 19, 2013
http://www.usnews.com/news/world/articles/2013/02/19/baubles-to-bars-ind...
Central planners may be losing control, Turk tells King World News
Submitted by cpowell on Tue, 2013-02-19 08:13 Section: Daily Dispatches8:12a ET Tuesday, February 19, 2013
Dear Friend of GATA and Gold:
Central bank intervention against gold has become so extreme and obvious, GoldMoney founder and GATA consultant James Turk tells King World News today, that "we may be reaching the tipping point when the central planners completely lose control."
Robert Wenzel: Get ready for some major disinformation about America's gold
Submitted by cpowell on Mon, 2013-02-18 16:07 Section: Daily Dispatches4p ET Monday, February 18, 2013
Dear Friend of GATA and Gold:
Robert Wenzel, editor of Economic Policy Journal, today notes the phoniness and irrelevance of the audit supposedly undertaken recently of gold at the Federal Reserve Bank of New York, reported today by the Los Angeles Times:
Bill Fleckenstein: They've been saying the gold bull is over for 12 years
Submitted by cpowell on Mon, 2013-02-18 15:04 Section: Daily Dispatches3p ET Monday, February 18, 2013
Dear Friend of GATA and Gold:
Audit of gold at New York Fed fails to cover leases and swaps
Submitted by cpowell on Mon, 2013-02-18 14:09 Section: Daily DispatchesMultiple claims to the same metal are far more important than any possible imperfections in particular bars.
* * *
Gold at New York Fed is Intact, Some Purer than Thought, Audit Finds
By Andrew Tangel
Los Angeles Times
Monday, February 18, 2013
http://www.latimes.com/business/money/la-fi-mo-gold-new-york-fed-audit-p...
Shanghai Gold Exchange benchmark contract volume jumps to record
Submitted by cpowell on Mon, 2013-02-18 08:33 Section: Daily DispatchesBy Glenys Sim and Feiwen Rong
Bloomberg News
Monday, February 18, 2013
http://www.bloomberg.com/news/2013-02-18/shanghai-gold-exchange-benchmar...
Gold volumes for the benchmark cash contract on the Shanghai Gold Exchange climbed to a record today as the market re-opened after a weeklong break and lower prices lured buyers.
Royal Mint to strike first gold coins in India for nearly 100 years
Submitted by cpowell on Mon, 2013-02-18 08:19 Section: Daily DispatchesBy Rebecca Clancy
The Telegraph, London
Monday, February 18, 2013
http://www.telegraph.co.uk/finance/currency/9877224/Royal-Mint-strikes-f...
The Royal Mint's gold Sovereign commemorative coins will be struck in India for the first time in nearly a century.
David P. Goldman: Gold gives you extremely important signals
Submitted by cpowell on Sun, 2013-02-17 17:00 Section: Daily Dispatches5p ET Sunday, February 17, 2013
Dear Friend of GATA and Gold:
Grandich laments mining industry's obtuseness in face of price suppression
Submitted by cpowell on Sat, 2013-02-16 10:52 Section: Daily Dispatches10:50a ET Saturday, February 16, 2013
Dear Friend of GATA and Gold:
Market analyst and mining company consultant Peter Grandich yesterday wrote an open letter to GATA, lamenting the failure of much of the mining industry to recognize government-inspired suppression of monetary metals prices even as it intensifies. Grandich's letter is posted at his Internet site here:
GoldMoney's Macleod: Banks closing gold shorts but can't in silver
Submitted by cpowell on Fri, 2013-02-15 14:51 Section: Daily Dispatches2:44p ET Friday, February 15, 2013
Dear Friend of GATA and Gold:
GoldMoney research director Alasdair Macleod reports today that bullion banks have been aggressively closing their short positions in gold but have been unable to close them in silver. His report is headlined "Spike in Banks' Net Short Silver Position" and it's posted at the research section of GoldMoney's Internet site here:
Pages
