Daily Dispatches

Will India try restricting gold ownership? Anonymous sources are contradictory

Submitted by cpowell on Sat, 2016-11-26 10:11 Section: Daily Dispatches

India May Impose Curbs on Domestic Gold Holdings

By Neha Dasgupta
From Reuters
Friday, November 25, 2016

The government may impose curbs on domestic holdings of gold as Prime Minister Narendra Modi intensifies a fight against "black money," news agency NewsRise reported, citing an unnamed finance ministry official.

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Gold not safe enough in India so hoarders opt for silver bars

Submitted by cpowell on Sat, 2016-11-26 09:47 Section: Daily Dispatches

By M. Sabari
The New Indian Express, Chennai
Saturday, November 26, 2016

http://www.newindianexpress.com/states/tamil-nadu/2016/nov/26/gold-not-s...

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A diagram of secret interventions in gold and currency markets by central banks

Submitted by cpowell on Fri, 2016-11-25 11:38 Section: Daily Dispatches

11:40a ET Friday, November 25, 2016

Dear Friend of GATA and Gold:

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John Crudele: Retail sales numbers are fake but the harm is real

Submitted by cpowell on Fri, 2016-11-25 10:40 Section: Daily Dispatches

By John Crudele
New York Post
Monday, November 21, 2016

There's an old saying that no one should ever see how laws or sausages are made. I'll add to that: Nobody should know how the government comes up with its retail sales figures.

But I'm going to tell you anyway because the sales figures that were put out last week were so arbitrary, so random, so ridiculous -- yet so important.

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Alasdair Macleod: The economic consequences of Mr. Modi

Submitted by cpowell on Thu, 2016-11-24 13:50 Section: Daily Dispatches

1:53p ET Thursday, November 24, 2016

Dear Friend of GATA and Gold:

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John Hathaway: What does Trump's victory mean for gold?

Submitted by cpowell on Thu, 2016-11-24 12:08 Section: Daily Dispatches

12:10p ET Thursday, November 24, 2016

Dear Friend of GATA and Gold:

In his latest market letter, Tocqueville Gold Fund manager John Hathaway notes that the smashing of gold after the U.S. presidential election involved the dumping of futures contracts nominally equivalent to two years of production.