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Daily Dispatches

TF Metals Report: Gold futures market again in smashdown position

Section: Daily Dispatches

1:56p ET Tuesday, March 15, 2016

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today examines the charts of the gold futures market positions of the bullion banks and the small speculators and notes that the two groups are positioned as they always are just before the gold is smashed down in the famous "wash, rinse, repeat" cycle of gold price suppression.

So where's all that imaginary gold coming from and why?

Section: Daily Dispatches

8:23p ET Monday, March 14, 2016

Dear Friend of GATA and Gold:

Damned Turks! Who the hell do they think they are -- Indians?

Section: Daily Dispatches

Why Turks Are Skipping Banks and Keeping Their Gold at Home

By Mehmet Cetingulec
Al-Monitor, Washington, D.C.
Monday, March 13, 2016

BlackRock was buying lots of GLD while fumbling its own gold fund

Section: Daily Dispatches

How BlackRock Took a Shine to a Competitor's Gold ETF

By Leslie Josephs
The Wall Street Journal
Monday, March 14, 2016

BlackRock, whose popular exchange-traded gold product briefly suspended the creation of new shares this month due to an administrative error amid a surge in demand, has been making a hefty bet on a gold ETF lately.

But here's the twist: It was a competitor's ETF.

Keith Barron's real-life adventure story of gold discovery in Ecuador, Part 2

Section: Daily Dispatches

1:27p ET Monday, March 14, 2016

Dear Friend of GATA and Gold:

Part 2 of geologist and mining entrepreneur Keith Barron's account of his discovery of the Fruta del Norte gold deposit in Ecuador is even more of an adventure story than Part 1. It's amazing that he lived to tell the tale. It's posted at his Internet site, Straight Talk on Mining, here:

Central banks aim to beat bitcoin at own game with rival supercurrency

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, March 13, 2016

Computer scientists have devised a digital crypto-currency in league with the Bank of England that could pose a devastating threat to large tranches of the financial industry and profoundly change the management of monetary policy.

Gold just collects dust? Two more financial companies disagree

Section: Daily Dispatches

1:05p ET Friday, March 11, 2016

Dear Friend of GATA and Gold:

"Bullion is not liquid," says Ian Lee, a business school professor at Carleton University in Ottawa, Ontario, Canada. "It sits down in the basement and collects dust":

http://www.ctvnews.ca/business/canada-s-gold-reserve-sell-off-makes-sens...

Tell that to, among others, AuSecure --

TF Metals Report interviews GATA chairman on resilience of monetary metals

Section: Daily Dispatches

12:14p ET Friday, March 11, 2016

Dear Friend of GATA and Gold:

Ambrose Evans-Pritchard: ECB's Draghi plays his last card to stave off deflation

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, March 10, 2016

The European Central Bank has pulled out all the stops to avert a dangerous deflation trap, launching a blast of triple stimulus despite angry criticism from Germany that it is entirely unnecessary and will do more harm than good.

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