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Daily Dispatches

End of London fixes might liberate gold price, GoldCore speculates

Section: Daily Dispatches

6:10 ET Thursday, April 30, 2014

Dear Friend of GATA and Gold:

GoldCore's daily commentary speculates that the end of the daily gold fixings in London would diminish gold price suppression and facilitate a freer market in the monetary metal:

http://www.goldcore.com/goldcore_blog/Gold_Fix_Demise_May_Free_Gold_s_Pr...

CHRIS POWELL, Secretary/Treasurer

Russia, China have much more gold than they acknowledge, Kaye tells KWN

Section: Daily Dispatches

6p ET Wednesday, April 30, 2014

Dear Friend of GATA and Gold:

Hong Kong fund manager William S. Kaye tells King World News that Russia and China have much more gold than they acknowledge officially:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/4/30_Ru...

CHRIS POWELL, Secretary/Treasurer

TF Metals Report: Waiting on the Fellen

Section: Daily Dispatches

6p ET Wednesday, April 30, 2014

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson today covers the latest attempts to manipulate the gold, silver, interest rate, and oil markets. His commentary is headlined "Waiting on the Fellen" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/5704/waiting-fellen

CHRIS POWELL, Secretary/Treasurer

Reduction of banks in London gold and silver fixes worries UK regulator

Section: Daily Dispatches

UK Financial Conduct Authority Could Intervene If Fewer Set Commodity Prices

By Clara Denina and Susan Thomas
Reuters
Tuesday, April 29, 2014

LONDON -- Britain's financial watchdog could intervene if there are too few participants to set commodity benchmarks including gold and silver, a senior official at the Financial Conduct Authority (FCA) said.

Stung by 'flash crashes,' Comex considers volatility limits in gold and silver futures

Section: Daily Dispatches

CME Mulls Price Fluctuation Limits for Gold, Silver Futures

By Frank Tang
Reuters
Tuesday, April 29, 2014

U.S. futures exchange CME Group Inc. is considering the introduction of daily limits on price moves in gold and silver futures in a bid to rein in wild volatility that has spooked investors in recent years, a CME official said Tuesday.

Central banks soon may not have any intermediaries for rigging gold

Section: Daily Dispatches

Deutsche Bank Resigns Gold, Silver Fix Seat with No Buyer

By Clara Denina
Reuters
Tuesday, April 29, 2014

LONDON -- Deutsche Bank has resigned its seat on the London precious metal fixes without finding a buyer, a spokesman for the lender said today, leaving four banks to set the global gold price benchmark under increasing regulatory scrutiny.

Ted Butler: The world's most undervalued asset

Section: Daily Dispatches

8:20p ET Monday, April 28, 2014

Dear Friend of GATA and Gold:

Embry: Russia is fitter fiscally than U.S. and knows West's vulnerability with gold

Section: Daily Dispatches

5:40p ET Monday, April 28, 2014

Dear Friend of GATA and Gold:

Judging by debt burdens, Russia is in better economic shape than the United States, Sprott Asset Management's John Embry tells King World News today, and Russian President Vladimir Putin knows very well the West's vulnerability to a puncturing of paper gold. An excerpt from the interview is posted at the KWN blog here:

Mine closings drop Ghana's gold production by 14%

Section: Daily Dispatches

Ghana Gold Output Seen Falling 500,000 Ounces on Mine Closings

By Ekow Dontoh
Bloomberg News
Monday, April 28, 2014

Gold production in Ghana, the continent's second-largest producer after South Africa, may fall 500,000 ounces this year as declining prices prompted some mines to suspend operations, the Minerals Commission said.

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