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Daily Dispatches
TF Metals Report: Gold offtake at Comex explodes
Submitted by cpowell on Fri, 2016-10-21 15:43 Section: Daily Dispatches3:45p ET Friday, October 21, 2016
Dear Friend of GATA and Gold:
Gold offtake through contracts on the New York Commodities Exchange have exploded this year, the TF Metals Report's Turd Ferguson writes today. October deliveries have increased by nine times over the same month last year. His analysis is headlined "Comex Gold October 'Deliveries'" and it's posted at the TF Metals Report here:
Yuan's inclusion in SDR did nothing for gold, GATA chairman notes
Submitted by cpowell on Fri, 2016-10-21 00:32 Section: Daily Dispatches12:33a ET Friday, October 21, 2016
Dear Friend of GATA and Gold:
Jan Skoyles and Mark O'Byrne: War on cash to benefit gold?
Submitted by cpowell on Thu, 2016-10-20 14:49 Section: Daily Dispatches2:50p ET Thursday, October 20, 2016
Dear Friend of GATA and Gold:
Consumers will be hit by capital rules on gold, refiners say
Submitted by cpowell on Thu, 2016-10-20 13:13 Section: Daily DispatchesBy Henry Sanderson
Financial Times, London
Thursday, October 20, 2016
Gold refiners are warning that regulators' plans that forces banks to utilise longer-term funding against their holdings of the precious metal will ultimately make it more costly for consumers buying jewellery.
Alasdair Macleod: Fiat money and gold
Submitted by cpowell on Thu, 2016-10-20 12:47 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, October 20, 2016
It is time to revisit the Fiat Money Quantity (FMQ), which totals US dollar money deposited in the banking system, the commercial banks’ money on deposit at the Fed and physical cash.
Koos Jansen: The great physical gold supply-and-demand illusion
Submitted by cpowell on Thu, 2016-10-20 08:22 Section: Daily Dispatches8:24a ET Thursday, October 20, 2016
Dear Friend of GATA and Gold:
Gold researcher Koos Jansen writes today that the major companies providing analysis of demand for metals underestimate demand for gold because they treat it more as a commodity than a currency. Jansen's commentary is headlined "The Great Physical Gold Supply-and-Demand Illusion" and it's posted at Bullion Star here:
Gold in India trades at premium for first time in 9 months, dealers say
Submitted by cpowell on Wed, 2016-10-19 08:28 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Wednesday, October 19, 2016
Gold prices in India swung to a premium for the first time in nine months today as jewellers and dealers in the world's No.2 consumer of the metal ramped up purchases ahead of major festivals.
ECB urges EU to curb virtual money for fear of losing control
Submitted by cpowell on Wed, 2016-10-19 08:23 Section: Daily DispatchesBy Francesco Canepa
Reuters
Tuesday, October 18, 2016
FRANKFURT, Germany -- The European Central Bank wants EU lawmakers to tighten proposed new rules on digital currencies such as bitcoin, fearing they might one day weaken its own control over money supply in the euro zone.
Central banks, not bullion banks, long have been GATA's primary target
Submitted by cpowell on Tue, 2016-10-18 19:34 Section: Daily Dispatches7:40p ET Tuesday, October 18, 2016
Dear Friend of GATA and Gold:
In commentary today (http://www.gata.org/node/16850) Sharps Pixley CEO Ross Norman rebutted your secretary/treasurer's skepticism about the need for a price benchmarking mechanism in gold like the venerable daily gold price fixings in London, which are operated by a few large investment banks (http://www.gata.org/node/16845).
New York Sun: The alt-Trump?
Submitted by cpowell on Tue, 2016-10-18 13:55 Section: Daily DispatchesFrom The New York Sun
Tuesday, October 18, 2016
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