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Daily Dispatches

World Gold Council endorses Indian government's gold paperization plan

Section: Daily Dispatches

World Gold Council Welcomes Government's Draft Policy on Sovereign Gold Bonds

From The Press Trust of India
via The Times of India, Mumbai
Friday, June 19, 2015

NEW DELHI -- The government's proposed policy on sovereign gold bonds would provide investment choice to consumers and integrate gold further into regulated financial sector, the World Gold Council said today.

So why don't South African mines and unions agitate against gold price suppression?

Section: Daily Dispatches

South African Mine Employers to Offer Unions Pay Linked to Gold Price

From Platt's, London
Friday, June 19, 2015

Greece needs its gold to back a new currency, Commerzbank says

Section: Daily Dispatches

Greek Gold Sales to Raise Funds Seen Unlikely by Commerzbank

By Eddie van der Walt
Bloomberg News
Friday, June 19, 2015

Greece is unlikely to resort to selling gold because disposing of the hoard valued at about $4.3 billion would only postpone a default, Commerzbank AG said.

Bloomberg News confirms Texas' gold isn't at NY Fed

Section: Daily Dispatches

There's a Pile of Gold in Manhattan, and Texas Wants It Back

By Lauren Etter
Bloomberg News
Friday, June 19, 2015

Texas wants its gold back from the Yankees, wherever they're keeping it.

Indian bond proposal aims to paperize gold

Section: Daily Dispatches

India Proposes Gold-Linked Bonds to Lower Bullion Imports

By Rajendra Jadhav and A. Ananthalakshmi
Bloomberg News
Friday, June 19, 2015

India is planning to issue sovereign bonds linked to the bullion price in an effort to divert some of the estimated 300 tonnes of annual demand for gold bars and coins, and reduce bullion imports that can push up the trade deficit.

IMF official foresees central banks buying everything in next market crash

Section: Daily Dispatches

Don't look now, Jose, but central banks are ALREADY trading everything, to keep gold and commodities down and equities and bonds up:

http://www.gata.org/node/14385

http://www.gata.org/node/14411

http://www.gata.org/node/14818

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IMF's Vinals Says Central Banks May Have to Be 'Market Makers'

By Huw Jones
Reuters
Thursday, June 18, 2015

TF Metals Report: More oddities in the Comex vaults

Section: Daily Dispatches

10:15a ET Thursday, June 18, 2015

Dear Friend of GATA and Gold:

Koos Jansen: Bank of England custodial gold drops 351 tonnes

Section: Daily Dispatches

8:08a ET Thursday, June 18, 2015

Dear Friend of GATA and Gold:

Deutsche Bank FX trader admits manipulation of markets by central banks

Section: Daily Dispatches

And at Deutsche Bank they should know all about market rigging. Unfortunately the Bloomberg reporter lacked the sense or nerve to ask the guy to specify the markets most under manipulation.

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You've Been Warned: Central Bankers Turning Less Market-Friendly

By Simon Kennedy
Bloomberg News
Wednesday, June 17, 2015

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