Ronan Manly: Chinese central bank gold buying -- on a need-to-know basis
Submitted by cpowell on Mon, 2019-11-11 19:30. Section: Daily Dispatches2:30p ET Monday, November 11, 2019
Dear Friend of GATA and Gold:
China's erratic reporting of its gold reserves is analyzed today by Bullion Star researcher Ronan Manly, who speculates that China's recent suspension of announcing a monthly acquisition of gold may have been meant simply to placate the United States in their trade dispute.
Paper gold market can't survive its exteme leverage, von Greyerz tells KWN
Submitted by cpowell on Mon, 2019-11-11 01:45. Section: Daily Dispatches8:45p ET Sunday, November 10, 2019
Dear Friend of GATA and Gold:
In comments at King World News, Swiss gold fund manager Egon von Greyerz notes the unreality of the paper gold market.
From New Orleans, GATA speakers emphasize govt.'s refusal to answer gold questions
Submitted by cpowell on Mon, 2019-11-11 01:00. Section: Daily Dispatches8p ET Monday, October 21, 2019
Dear Friend of GATA and Gold:
To Danske Bank and rich Russians, gold still looks like pretty good money
Submitted by cpowell on Sun, 2019-11-10 15:01. Section: Daily DispatchesDanske Pitched Gold to Rich Russians Eager to Avoid Attention
By Irina Reznik, Ott Ummelas, and Frances Schwartzkopff
Bloomberg News
Sunday, November 10, 2019
At the height of the Danske Bank dirty-money scandal, the lender started offering gold bars to wealthy clients to help them keep their fortunes hidden, according to documents seen by Bloomberg.
Desperate pounding of gold futures isn't discouraging buyers, Macleod tells KWN
Submitted by cpowell on Sat, 2019-11-09 22:07. Section: Daily Dispatches5:06p ET Saturday, November 9, 2019
Dear Friend of GATA and Gold:
Something very strange is happening in the gold futures market in New York, GoldMoney research director Alasdair Macleod says in an interview today with King World News.
That is, the number of contracts is exploding even as the gold price is falling, indicating enormous buying despite the falling price.
Bundesbank denies recent increase in gold reserves
Submitted by cpowell on Fri, 2019-11-08 14:47. Section: Daily Dispatches9:45a ET Friday, November 8, 2019
Dear Friend of GATA and Gold:
Replying today to GATA's request for clarification, made Monday, the press office of Germany's Bundesbank said the central bank had not increased its gold reserves recently, contrary to what had been reported obscurely by Bloomberg News:
http://www.gata.org/node/19559
CHRIS POWELL, Secretary/Treasurer
