Daily Dispatches

For the moment, China wants gold held down as much as Western central banks do

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11:26a ET Wednesday, June 17, 2015

Dear Friend of GATA and Gold:

A friend asks what is meant by the Bank of China's joining the London gold price-fixing process --

http://www.gata.org/node/15455

-- and whether it will tend to support the gold price, since China seems to be accumulating so much metal.

GATA's Ed Steer interviewed at Canadian Investor Conference

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10:34a ET Wednesday, June 17, 2015

Dear Friend of GATA and Gold:

GATA board member Ed Steer, editor of the daily Ed Steer's Gold and Silver Digest letter --

http://www.edsteergoldandsilver.com

Australian researchers producing cyanide-free gold with Barrick in Nevada

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Eureka! A Solid-Gold Solution to Make Archimedes Proud

By Roger Nicoll
Commonwealth Scientific and Industrial Research Organization
Canberra, Australia
Tuesday, June 16, 2015

Bank of China joins auction setting gold prices in London

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By Eddie van der Walt
Bloomberg News
Tuesday, June 16, 2015

Bank of China Ltd. will become the first Chinese bank to join the auction process that sets gold prices in the London market.

Greece has stronger position than its creditors, Turk tells KWN

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8:13p ET Monday, June 15, 2015

Dear Friend of GATA and Gold:

Greece has the stronger position in its confrontation with the European Union, the European Central Bank, and the International Monetary Fund over its unpayable debt, GoldMoney founder and GATA consultant James Turk tells King World News today.

Koos Jansen: Rectification of Chinese gold trade rules

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1:09p ET Monday, June 15, 2015

Dear Friend of GATA and Gold:

Bond traders want prices concealed to sustain liquidity

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FINRA Summons Banks and Asset Managers over Market Fears

Robin Wigglesworth and Joe Rennison
Financial Times, London
Sunday, June 14, 2015

NEW YORK -- A US financial regulator has summoned a clutch of senior executives from banks and asset managers for two meetings to explore potential solutions to a liquidity crunch confronting bond markets.

Gold smuggling into India soars despite easing of import curbs

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Five-Time Jump in Gold Smuggling; Seizure Worth Rs 1,120 Crore

From The Press Trust of India
via The Times of India, Mumbai
Sunday, June 14, 2015

NEW DELHI -- There has been an unprecedented five-time jump in cases of gold smuggling in 2014-15 over 2012-13 during which yellow metal worth Rs 1,120 crore was seized, notwithstanding easing of curbs on its import.

Ronan Manly: As World Gold Council's membership falls, it hikes fees to GLD

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11:40a ET Sunday, June 14, 2015

Dear Friend of GATA and Gold:

As the World Gold Council's membership of mining companies has been declining, reducing annual dues payments, the council now is generating most of its income through royalties from the exchange-traded gold fund GLD, gold researcher and GATA consultant Ronan Manly reports today.

Jansen disputes Klapwijk on China's gold demand

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10a ET Saturday, June 13, 2015

Dear Friend of GATA and Gold:

Gold researcher and GATA consultant Koos Jansen today disputes gold consultancy executive Phillip Klapwijk's lesser estimates of China's gold demand. Jansen's commentary is headlined "Western Consultancy Firms Continue Making Up False Arguments to Debunk SGE Withdrawals" and it's posted at Bullion Star here:

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