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Daily Dispatches
Few in U.S. want gold and silver coins when stocks seem strong
Submitted by cpowell on Sat, 2017-07-01 09:07 Section: Daily DispatchesU.S. Mint's 1st-Half Sales of American Eagle Gold Coins Weakest Since 2007
By Marcy Nicholson
Reuters
Friday, June 30, 2017
U.S. Mint American Eagle gold coin sales in the first half of 2017 were the lowest for this period in a decade, while sales of silver in the period were the weakest since 2008, government data showed on Friday. ...
Romania hit by $4.4-billion damage claim over stalled gold mine project
Submitted by cpowell on Fri, 2017-06-30 13:18 Section: Daily DispatchesBy Neil Buckley
Financial Times, London
Thursday, June 29, 2017
A Toronto-listed mining company is claiming $4.4 billion in damages from Romania at the World Bank's arbitration tribunal, accusing Bucharest of unfairly blocking its $2 billion project to create one of Europe's biggest gold mines and expropriating its assets.
Bullion Star's gold demand charts for June
Submitted by cpowell on Wed, 2017-06-28 23:43 Section: Daily Dispatches11:47p ET Wednesday, June 28, 2017
Dear Friend of GATA and Gold:
Bullion Star's gold demand charts for June, posted today, suggest that people outside North America remain eager to get the monetary metal:
https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
TF Metals Report explains why gold isn't rising despite dollar index's fall
Submitted by cpowell on Wed, 2017-06-28 11:16 Section: Daily Dispatches11:19a 5:18p ET Friday, June 23, 2017
Dear Friend of GATA and Gold:
With the dollar index falling, why isn't the gold price rising? The TF Metals Report explains the complications today in commentary headlined "POSX Continues to S(t)ink," which can be found here:
https://www.tfmetalsreport.com/blog/8418/posx-continues-stink
CHRIS POWELL, Secretary/Treasurer
Dave Kranzler: Central banks try to scare the crap out of the gold market
Submitted by cpowell on Mon, 2017-06-26 12:48 Section: Daily Dispatches12:51p ET Monday, June 26, 2017
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics today quotes an explanation for today's central bank flash crash in gold, provided by gold market analyst John Brimelow of John Brimelow's Gold Jottings report:
Financial Times calls gold's flash crash 'mysterious'
Submitted by cpowell on Mon, 2017-06-26 12:31 Section: Daily DispatchesBut the newspaper will be damned before it puts to central banks any questions about their gold trading.
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Gold Remains Under Pressure After Mysterious Drop
By Adam Samson
Financial Times, Lodon
Monday, June 26, 2017
Gold, one of this year's best-performing commodities, is still pinned around the day's lows after a mysterious tumble earlier today.
David Haggith: Central banks buying stocks have rigged U.S. market beyond recovery
Submitted by cpowell on Mon, 2017-06-26 12:01 Section: Daily Dispatches12:05p ET Monday, June 26, 2017
Dear Friend of GATA and Gold:
For mainstream news agencies, gold's flash crash must be somebody's 'mistake'
Submitted by cpowell on Mon, 2017-06-26 10:26 Section: Daily DispatchesNobody dares to ask central banks about their gold trading, which is not a "mistake" but longstanding policy, as documented here:
http://www.gata.org/node/14839
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Gold Plunges After 1.8 Million Ounces Were Traded in 1 Minute
By Eddie Van Der Walt
Bloomberg News
Monday, June 26, 2017
Another flash crash in gold but few will express curiosity about it
Submitted by cpowell on Mon, 2017-06-26 07:21 Section: Daily Dispatches7:24a ET Monday, June 26, 2017
Dear Friend of GATA and Gold:
Zero Hedge this morning seems first to notice the punishment inexplicably inflicted on the gold futures market "on a surge in volume with 18,000 contracts, or just over $2 billion notional, trading in a one-minute window, with "volumes running around 150 percent of recent averages" as of 9:20 a.m. London time.
Monetary metals will follow cryptocurrencies upward, Embry tells KWN
Submitted by cpowell on Sun, 2017-06-25 19:47 Section: Daily Dispatches7:50p ET Sunday, June 25, 2017
Dear Friend of GATA and Gold:
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