Daily Dispatches

There are no markets anymore and capitalism is dead, Sinclair tells USA Watchdog

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8p ET Saturday, December 3, 2016

Dear Friend of GATA and Gold:

Koos Jansen: Debunking GFMS' gold demand statistics

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By Koos Jansen
BullionStar.com, Singapore
Saturday, December 3, 2016

What came to light as on odd discrepancy between GFMS' Chinese gold demand and "apparent supply" has proven to be a tenacious cover-up by the oldest consultancy firm in the gold market.

China gold premiums near 3-year high while cash crunch curbs Indian demand

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By Sethuraman N.R. and Rajendra Jadhav
Reuters
Friday, December 2, 2016

Gold premiums in China held near three-year highs this week amid limited supply of the precious metal, with traders saying Beijing was restricting imports, while prices in India swung to a discount as a severe cash crunch dampened appetite.

Court allows IRS to seek user info from blockchain firm Coinbase

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By Ismail Shakil and Sruthi Shankarin Bengaluru
Reuters
Thursday, December 1, 2016

A federal court in California on Wednesday allowed the Internal Revenue Service to seek three years of information from blockchain firm Coinbase Inc. about its American users, the U.S. Department of Justice said.

TF Metals Report: U.S. economic data shows weakness, not strength

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11:34a ET Friday, December 2, 2016

Dear Friend of GATA and Gold:

The TF Metals Report today details how the U.S. economic data that is being spun to suggest strength actually demonstrates appalling weakness. The report is headlined "More BLS BS" and it's posted here:

http://www.tfmetalsreport.com/blog/8022/more-bls-bs

CHRIS POWELL, Secretary/Treasurer

No limit on holding gold if it matches income declaration, Indian govt. says

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By the Press Trust of India
via the Hindustan Times, New Delhi
Friday, December 2, 2016

The government on Thursday sought to quell rumors by clarifying that there is no limit on legitimate holding of gold and jewellery, including from inheritance, and there would be no seizure of bullion up to a certain limit even if that does not seem to match income.

Lawrie Williams: Major gold price divergence between Shanghai and London

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7p ET Thursday, December 1, 2016

Dear Friend of GATA and Gold:

Alasdair Macleod: Credit cycles and gold

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By Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, December 1, 2016

The Trump shock produced some unexpected market reactions, partly explained by investors buying into a risk-on argument,equities over bonds and buying dollars by selling other currencies and gold.

GoldSeek Radio's Chris Waltzek interviews Sprott's John Embry

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3:15p ET Thursday, December 1, 2016

Dear Friend of GATA and Gold:

China tightens gold import quotas to curb dollar outflow

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By Henry Sanderson and Lucy Hornby
Financial Times, London
Wednesday, November 30, 2016

China has curbed gold imports in the wake of government attempts to clamp down on capital leaving the country, according to traders and bankers.

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