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Daily Dispatches
1,000 tonnes in paper gold dumped today to help bullion banks cover, Maguire tells KWN
Submitted by cpowell on Tue, 2016-10-04 14:55 Section: Daily Dispatches2:56p ET Tuesday, October 4, 2016
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News that today's smashing of gold involved about 1,000 tonnes' worth of paper gold.
In KWN interview, Turk sees bank failures heralding another depression
Submitted by cpowell on Mon, 2016-10-03 19:59 Section: Daily Dispatches8p ET Monday, October 3, 2016
Dear Friend of GATA and Gold:
GoldMoney founder and GATA consultant James Turk, interviewed today by King World News, predicts that another Great Depression will begin with bank failures in Italy and then the failure of Deutsche Bank:
http://kingworldnews.com/james-turk-deutsche-bank-failure-to-usher-in-th...
Goldcorp slumps most among major gold miners on Mexico shutdown
Submitted by cpowell on Mon, 2016-10-03 19:48 Section: Daily DispatchesBy Danielle Bochove
Bloomberg News
Monday, October 3, 2016
Goldcorp Inc. fell the most among large gold producers after the Vancouver-based company said it was halting work at one of its biggest mines amid a labor protest.
Summers floats idea of sustained stock purchases by government
Submitted by cpowell on Mon, 2016-10-03 11:15 Section: Daily DispatchesBy Chris Anstey
Bloomberg News
Friday, September 30, 2016
Former U.S. Treasury Secretary Lawrence Summers floated the idea of continuous purchases of stocks as a potential ingredient in a recipe for the developed world to strengthen economies struggling with subdued growth and inflation.
Many Canadian mint workers fired for theft, gold-in-rectum trial hears
Submitted by cpowell on Mon, 2016-10-03 08:32 Section: Daily DispatchesKelly Egan
Ottawa Citizen
Sunday, October 2, 2016
The employee suspected of smuggling gold up his rectum from the Royal Canadian Mint would not be the first inside job at the Crown corporation on Sussex Drive.
India's gold imports drop for ninth month, GFMS says
Submitted by cpowell on Mon, 2016-10-03 08:28 Section: Daily DispatchesBy Rajendra Jadhav
Reuters
Monday, October 3, 2016
India's gold imports fell for a ninth straight month in September as weak retail demand and higher discounts prompted banks and refineries to cut overseas purchases of the bullion, provisional data from consultancy GFMS showed today.
Commentaries by Leeb and von Greyerz at King World News
Submitted by cpowell on Sun, 2016-10-02 20:49 Section: Daily Dispatches8:51p ET Sunday, October 2, 2016
Dear Friend of GATA and Gold:
King World News this weekend has commentaries by fund manager Stephen Leeb, who cautions that China is seeking control of both the world financial system and the internet --
http://kingworldnews.com/protect-yourself-as-china-seizes-control-of-the...
Sean Corrigan: Flow my tears, the policeman said
Submitted by cpowell on Sun, 2016-10-02 20:27 Section: Daily Dispatches8:25p ET Sunday, October 2, 2016
Dear Friend of GATA and Gold:
Ronan Manly: LBMA's new 'independent' chairman really isn't independent at all
Submitted by cpowell on Sun, 2016-10-02 13:16 Section: Daily Dispatches1:16p ET Sunday, October 2, 2016
Dear Friend of GATA and Gold:
China's yuan joins IMF reserves in first revision since 1999
Submitted by cpowell on Sun, 2016-10-02 10:04 Section: Daily DispatchesBy Robin Ganguly
Bloomberg News
Saturday, October 1, 2016
The yuan took on the mantle of a global reserve currency Saturday, a milestone that is seen breathing life into China's bond markets by prompting estimated inflows of as much as $1 trillion over the next five years.
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