Daily Dispatches

Gold is suppressed and likely will correct overnight, BMG's Barisheff tells USA Watchdog

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7:45p ET Wednesday, June 22, 2106

Dear Friend of GATA and Gold:

TF Metals Report: Gold cartel will face trouble no matter how Britain votes

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5:25p ET Wednesday, June 22, 2016

Dear Friend of GATA and Gold:

GoldCore's O'Byrne: Bullion banks panicking amid shortage of metal

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10:04a ET Wednesday, June 22, 2016

Dear Friend of GATA and Gold:

GoldCore's Mark O'Byrne, citing confidential "senior sources at the highest level of the gold bullion industry," writes today that "illiquidity" and "supply issues" have caused "panic" in the institutional gold market, with some bullion banks cautioning that they may have to suspend trading of physical gold.

Euroclear looks to apply blockchain to gold market

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By Philip Stafford
Financial Times, London
Tuesday, June 21, 2016

Euroclear, one of the world's largest settlement houses, is to make its first foray into emerging blockchain technology by exploring creating a new settlement system for the London gold market.

Brexit fears prompting savers to stuff gold bars in safes at home

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By Kate Morley and Richard Dyson
The Telegraph, London
Tuesday, June 21, 2016

Worried savers are buying gold bars and stuffing them in safes at home, data suggests, as fears mount that a Brexit-induced financial meltdown could be just around the corner.

Fed's Powell warns that dollar-based Libor could disappear

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By Jason Lange and Jonathan Spicer
Financial Times, London
Tuesday, June 21, 2016

Robert Appel: Gold price suppression is government policy

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6:04p ET Tuesday, June 21, 2016

Dear Friend of GATA and Gold:

Switzerland gold exports jump 20% in May, highest this year

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From Platts, London
Tuesday, June 21, 2016

LONDON -- Gold exports from Switzerland totaled 177.3 metric tonnes in May, up 20 percebt from 147.8 metric tonnes reported in April, and the highest level since December, Swiss federal customs data showed Tuesday.

The figure is 69 percent higher than 105.1 metric tonnes reported a year earlier.

Gold price suppression gets more desperate, Embry tells KWN

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8p ET Monday, June 20, 2016

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry, interviewed by King World News, remarks that gold price suppression is getting ever more desperate, as by doubling margin requires for gold futures contract trading. An excerpt from the interview is posted at KWN here:

Banks weakening throughout Europe and even in U.S., Turk tells KWN

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1:38p ET Monday, June 20, 2016

Dear Friend of GATA and Gold:

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