Daily Dispatches

3:47p ET Wednesday, November 14, 2018

Dear Friend of GATA and Gold:

Having lured fund managers into shorting gold futures by pushing the price below the 50-day moving average, bullion banks are about to trigger a short squeeze by yanking the price up again, according to the TF Metals Report's Craig Hemke, writing at Sprott Money.

Iran Hangs Gold Coin 'Sultan' in Crackdown After U.S. Sanctions

By Ladane Nasseri
Bloomberg News
Wednesday, November 14, 2018

Iran executed a gold dealer known as the "Sultan of Coins" in a warning to merchants not to exploit the country's financial troubles as U.S. sanctions squeeze the economy.

Rising Gold Price Vindicates RBI's Investment Plan

By Gayatri Nayak
The Times of India, Mumbai
Monday, November 12, 2018

MUMBAI -- The Reserve Bank of India's gold purchase plan seems to be paying off as the monthly valuation gains have touched an eight-month high with investor demand for a safe haven rallying the yellow metal.

By Geraldine Amiel and Helene Fouquet
Bloomberg News
Sunday, November 11, 2018

French President Emmanuel Macron said that the euro is not "a clear alternative" to the dollar thanks to the U.S. currency's international "strengths."

From Reuters
Tuesday, November 13, 2018

Gold broker and storage company GoldCore said today it had opened a gold vault in Dublin, aiming to attract investors looking for an alternative to London after Brexit.

Dublin-based GoldCore, which set up the facility in partnership with security firm Loomis International, said it was Ireland's first institutional-grade vault.

11:59a ET Tuesday, November 13, 2018

Dear Friend of GATA and Gold:

6:05p ET Monday, November 12, 2018

Dear Friend of GATA and Gold:

Coin and bullion dealer USAGold's November News & Views letter has been posted, with reports on central bank gold demand, record bullion bank short positions in the monetary metals, gold price predictions, and an insightful quotation from Confucius:

http://www.usagold.com/publications/NewsViewsNoVbr2018.html

Macron Tries to Take UK's Gold Crown as Historic Rivalry Is Reborn

By Ambrose Evans-Pritchard
The Telegraph, London
Sunday, November 11, 2018

https://www.telegraph.co.uk/business/2018/11/11/macron-takes-aim-london-...

9:32p ET Sunday, November 11, 2018

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, notes that gold confiscation is not a "barbarous relic" of history but an urgent threat to gold investors, what with the Bank of England refusing to repatriate Venezuela's gold.

... Dispatch continues below ...