Daily Dispatches

On CNBC Asia, GATA secretary discusses gold market rigging and its consequences

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11:17a HKT Monday, March 23, 2015

Dear Friend of GATA and Gold:

Ethiopian warplanes reported to have attacked Nevsun gold mine in Eritrea

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Ethiopian Planes Raided Bisha Gold Mine

From the Asmarino Independent
(Eritrean exile Internet site)
Saturday, March 21, 2015

Ethiopian fighter planes bombed the site of Eritrea's Bisha gold mine, reported Al-Sahafa, a leading Sudanese Arab daily in its March 21 edition.

Alasdair Macleod: The new order emerges

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11:20a SGT Saturday, March 20, 2015

Dear Friend of GATA and Gold:

Shanghai gold withdrawals remain strong at 51 tonnes for week

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9:10a SGT Saturday, March 21, 2105

Dear Friend of GATA and Gold:

Withdrawals from the Shanghai Gold Exchange, a proxy for China's gold demand, were 51 tonnes for the most recent week reported, Bullion Star market analyst and GATA consultant Koos Jansen reports today, continuing a strong pattern. Jansen's report is posted at Bullion Star here:

London's 'reformed' gold fix mechanism gets all of two new participants

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Goldman, UBS Join Former 'Fixing' Banks for New LBMA Gold Price

By Jan Harvey
Reuters
Friday, January 20, 2015

LONDON -- The new London Bullion Market Association Gold Price went live for the first time on Friday, with Goldman Sachs and UBS joining the four members of the now-defunct gold "fix" in setting its electronic replacement.

Romania gets its gold back -- after 1,900 years

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Maybe there's hope for the Bundesbank.

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Gold Looted From Ancient Empire Returned to Romania

By Andrew Curry
National Geographic, Washington
Friday, March 20, 2015

Ronan Manly: London gold trading data disappears as new fix mechanism begins

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10:08a SGT Friday, March 20, 2015

Dear Friend of GATA and Gold:

Bank of New York Mellon will settle currency trade case for $714 million

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By Ben Protess
The New York Times
Thursday, March 19, 2015

Hugo Salinas Price: Greece's currency options go beyond predatory euro and laughable drachma

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12:45p SGT Thursday, March 19, 2015

Dear Friend of GATA and Gold:

Chinese banks won't be part of new gold benchmarking at start, source tells Reuters

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New Era of Gold Benchmarking to Start with Handful of Pioneers

By Clara Denina
Reuters
Thursday, March 19, 2015

LONDON -- A handful of banks will start setting gold prices electronically on Friday, sources with direct knowledge of the matter said, as Intercontinental Exchange completes a sweeping change to London's bullion benchmarks and dispenses with the century-old gold "fix."

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