Daily Dispatches

South African gold miners awarded $32.5 million in compensation

Submitted by cpowell on Sat, 2016-03-05 15:22 Section: Daily Dispatches

By the Associated Press
via The Guardian, London
Saturday, March 5, 2016

South African gold miners infected with lung diseases brought on by repeated exposure to dust have won a multimillion-dollar out-of-court settlement, their lawyers have said.

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BlackRock gold fund expects to resume issuing shares by Wednesday

Submitted by cpowell on Sat, 2016-03-05 09:57 Section: Daily Dispatches

BlackRock Stops Issuing Shares in Physical Gold Trust, Citing Demand

From Reuters
Friday, March 4, 2016

NEW YORK -- BlackRock Inc. said Friday it had suspended the issuing of shares in its physically backed gold exchange traded product due to a historic surge in buying as global economic uncertainty rekindled bullion's safe-haven appeal among investors.

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Rob McEwen calls Bank of Canada 'idiots' for selling gold at market bottom

Submitted by cpowell on Fri, 2016-03-04 21:11 Section: Daily Dispatches

9:09p ET Friday, March 4, 2016

Dear Friend of GATA and Gold:

Read more about Rob McEwen calls Bank of Canada 'idiots' for selling gold at market bottom

Gold derivative markets are being overwhelmed, Maguire tells KWN

Submitted by cpowell on Fri, 2016-03-04 15:25 Section: Daily Dispatches

3:24p ET Friday, March 4, 2016

Dear Friend of GATA and Gold:

Read more about Gold derivative markets are being overwhelmed, Maguire tells KWN

Turk explains why he thinks governments are losing control of the markets

Submitted by cpowell on Fri, 2016-03-04 15:09 Section: Daily Dispatches

3:08p ET Friday, March 4, 2016

Dear Friend of GATA and Gold:

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TF Metals Report: Massive inflows into GLD -- really?

Submitted by cpowell on Fri, 2016-03-04 13:09 Section: Daily Dispatches

1:07p ET Friday, March 4, 2016

Dear Friend of GATA and Gold:

The T.F. Metal Report's Turd Ferguson today expresses skepticism that, while BlackRock's gold exchange-traded fund is having trouble locating metal, the exchange-traded fund GLD really has obtained all the gold it claims to have obtained lately. His commentary is headlined "Massive Inflows Into GLD" and it's posted here:

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Gold demand trips up BlackRock as ETF suspends share creation

Submitted by cpowell on Fri, 2016-03-04 13:03 Section: Daily Dispatches

By Sabrina Willmer
Bloomberg News
Friday, March 4, 2016

BlackRock Inc. today temporarily stopped issuing new shares in its $7.7 billion iShares Gold Trust, as surging interest in the precious metal caught the world's largest money manager off guard.