Daily Dispatches

Gold acting like safe-haven investment, Norcini tells King World News

Submitted by cpowell on Thu, 2012-05-31 00:45 Section: Daily Dispatches

12:43a ET Thursday, May 31, 2012

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini tells King World News that gold is finding big central bank buying below $1,550 and that this week's action shows that the monetary metal is being considered a safe-haven investment. An excerpt from the interview is posted at the King World News blog here:

Read more about Gold acting like safe-haven investment, Norcini tells King World News

Big commercials aggressively covering gold and silver shorts, Arensberg says

Submitted by cpowell on Thu, 2012-05-31 00:36 Section: Daily Dispatches

12:35a ET Thursday, May 31, 2012

Dear Friend of GATA and Gold:

At the Got Gold Report, Gene Arensberg examines trader positions on the gold and silver futures exchanges and finds them as bullish as they've been in years. He says the large commercial traders are aggressively covering their short positions. This particular report is presented as a video and it's posted here:

Read more about Big commercials aggressively covering gold and silver shorts, Arensberg says

Embry elaborates on counterintuitive moves in gold 'market'

Submitted by cpowell on Wed, 2012-05-30 13:59 Section: Daily Dispatches

2p ET Wednesday, May 30, 2012

Dear Friend of GATA and Gold:

Read more about Embry elaborates on counterintuitive moves in gold 'market'

Currency depreciation will keep driving gold up, Embry tells MineWeb

Submitted by cpowell on Wed, 2012-05-30 13:34 Section: Daily Dispatches

1:30p ET Wednesday, May 30, 2012

Dear Friend of GATA and Gold:

Interviewed by Geoff Candy at MineWeb, Sprott Asset Management's John Embry says that only market interference has gotten in the way of gold's fundamentals, foremost among which is the growing realization that government currencies soon will be worth a lot less. The interview is posted at MineWeb here:

Read more about Currency depreciation will keep driving gold up, Embry tells MineWeb

Vancouver conference offers spectacular cruise next Sunday evening

Submitted by cpowell on Tue, 2012-05-29 22:40 Section: Daily Dispatches

10:40p ET Tuesday, May 29, 2012

Dear Friend of GATA and Gold:

Read more about Vancouver conference offers spectacular cruise next Sunday evening

Newmont CEO reviews China's gold hunger, depression in mining shares

Submitted by cpowell on Tue, 2012-05-29 16:18 Section: Daily Dispatches

4:15p ET Tuesday, May 29, 2012

Dear Friend of GATA and Gold:

Newmont Mining CEO Richard O'Brien today tells King World News that China is scrambling to get all the gold it can. He also speculates on the reasons for the depression in mining shares. An excerpt from the interview is posted at the King World News blog here: