You are here

Daily Dispatches

Astounding volumes of paper gold and silver sales detailed by Maguire at KWN

Section: Daily Dispatches

1:25p ET Friday, May 5, 2017

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, interviewed today by King World News, details the astounding notional volumes of paper gold and silver that have been sold in the latest smashing of monetary metals prices. An excerpt from the interview is posted at KWN here:

Veteran coin and bullion dealer 'shocked' by 'panic selling'

Section: Daily Dispatches

8:11p ET Wednesday, May 3, 2017

Dear Friend of GATA and Gold:

Bill Rice Jr.: Silver miners must know their market is rigged but are too afraid to protest

Section: Daily Dispatches

By Bill Rice Jr.
Tuesday, May 2, 2107

As silver is again being pushed down hard and good for no market-related reason, I can't help but wonder what the mining company executives are thinking. One thing we know. They won't protest. Two reasons are typically given for this "grin and bear it' attitude:

TF Metals Report: Comex crime scene mechanics

Section: Daily Dispatches

9:06p ET Tuesday, May 2, 2017

Dear Friend of GATA and Gold:

Banks say gold price-fixing data errors entitle them to do-over

Section: Daily Dispatches

By Cara Mannion
Law 360, New York
Monday, May 1, 2017

NEW YORK -- Barclays and three other banks told a New York federal court Monday that they didn't waste its time when requesting a second shot at tossing a case over their alleged conspiracy to manipulate the price of gold, saying investors' use of flawed data in the suit justifies a do-over.

USAGold's News & Views for May notes gold's undervaluation

Section: Daily Dispatches

1:15p ET Monday, May 1, 2017

Dear Friend of GATA and Gold:

USAGold's News & Views letter for May, written and edited by proprietor Mike Kosares and published today, provides interesting data about what seems like gold's substantial undervaluation, at least by the standards that applied before surreptitious intervention in the gold market by central banks became pervasive.

Gold accumulation increases in April in China, India, Russia

Section: Daily Dispatches

7:08a ET Monday, May 1, 2017

Dear Friend of GATA and Gold:

Bullion Star's gold market charts for April, drawn from Nick Laird's Gold Charts R Us internet site, show increasing accumulation in China, India, and Russia, signified perhaps most notably in China by withdrawals through the Shanghai Gold Exchange. Bullion Star's report is posted here:

Goldcore's Jan Skoyles: Is regulation putting a stop to silver price manipulation?

Section: Daily Dispatches

By Jan Skoyles
Goldcore.com, Dublin
Friday, April 28, 2017

Simple economics tells us that markets and prices are driven by demand and supply. Unfortunately, this isn’t always the case in the silver market. However, the threat of new regulations may be putting a stop to some bullion banks from fiddling the London silver benchmark.

Fear of regulation causes big swings in London's silver benchmark, Reuters says

Section: Daily Dispatches

This is funny. Government regulators have NEVER done anything about manipulation of the gold and silver markets. Yes, market rigging is everywhere but gold and silver are the only markets to which regulation has NEVER been applied, lest it expose the interventions of governments themselves.

* * *

Exclusive: Fear of Regulation Causes Big Swings in London's Silver Benchmark

Alasdair Macleod: End of empire

Section: Daily Dispatches

2:42p ET Thursday, April 27, 2017

Dear Friend of GATA and Gold:

Pages