Daily Dispatches

Traders suspicious of bear raid in gold amid low liquidity

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Gold Bugs Squashed by Aggressive Selling

Henry Sanderson, Neil Hume, and David Sheppard
Financial Times, London
Monday, July 20, 2015

Now that they're being destroyed, even respectable people can admit that GATA is right

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11a ET Sunday, July 19, 2015

Dear Friend of GATA and Gold:

Our friend R.B. writes:

"Once China or any country comes out with an official statement saying it has X tonnes of gold when it really as a lot more (as China certainly does), how does it turn around later and say it has (and had, in fact, at the time of the previous statement) much more?

France's Hollande proposes creation of euro-zone government

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By Angeline Benoit
Bloomberg News
Sunday, July 19, 2015

French President Francois Hollande said that the 19 countries using the euro need their own government complete with a budget and parliament to cooperate better and overcome the Greek crisis.

Koos Jansen: China likely has more gold than announced but isn't ready to rock the world

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9a ET Sunday, July 19, 2015

Dear Friend of GATA and Gold:

And now for what is probably the most informed analysis of last week's announcement by the People's Bank of China about its gold reserves -- the analysis by gold researcher and GATA consultant Koos Jansen.

Jansen's main assertions:

1) The announced reserve total is probably an understatement of actual reserves.

Central bank interventions overwhelm markets, Pento tells KWN

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8:25p ET Saturday, July 18, 2015

Dear Friend of GATA and Gold:

At KWN, China's gold reserves announcement ridiculed by Leeb, von Greyerz, Maguire

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11:34a ET Saturday, July 18, 2015

Dear Friend of GATA and Gold:

In interviews with King World News, fund managers Stephen Leeb and Egon von Greyerz and London metals trader Andrew Maguire ridicule Friday's announcement by China about its gold reserves, which, they maintain, are much greater than announced. The interviews are posted here:

Market rigging cited in gold discussion with O'Byrne, Eliseo, Suchecki, Stoeferle

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11:10a ET Saturday, July 18, 2015

Dear Friend of GATA and Gold:

An hour-long discussion about world market conditions and gold, conducted this week, includes GoldCore's Mark O'Byrne, ABC Bullion's Jordan Eliseo, the Perth Mint's Bron Suchecki, and Incrementum's Ron Stoeferle, and manipulation of the gold market is a major topic. The discussion is linked from GoldCore's Internet site here:

Tocqueville's Hathaway summarizes and updates the gold suppression scheme

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10:55a ET Saturday, July 18, 2015

Dear Friend of GATA and Gold:

In his new gold strategy letter, Tocqueville Asset Management's senior portfolio manager, John Hathaway, updates and summarizes the central bank gold price suppression scheme, which is getting more obvious every day with the counterintuitive behavior of the markets.

Hathaway writes:

Bron Suchecki: Where did 110 tonnes of CME Hong Kong gold go?

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8:35p ET Friday, July 17, 2015

Dear Friend of GATA and Gold:

New York Sun: The Hubris of the Fed

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From The New York Sun
Friday, July 17, 2015

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