Daily Dispatches

Gold withdrawals from New York Fed are increasing

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8:30a Wednesday, August 31, 2016

Dear Friend of GATA and Gold:

Zero Hedge reports that foreign governments lately have hastened their withdrawal of gold held in custody at the Federal Reserve Bank of New York. The headline on Zero Hedge's report is "Gold Withdrawals from the NY Fed Accelerate, Hit 388 Tons Since 2014" and it's posted here:

Mike Kosares: Gold's strong summer may be harbinger of things to come

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By Michael J. Kosares
USAGold.com, Centennial, Colorado
Tuesday, August 30, 2016

We are now wrapping up one of the stronger summers in memory at USAGold and heading into the strongest time of year seasonally for gold and silver -- September through February.

Bron Suchecki: Dutch central bank hides gold bar list to conceal leasing

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10:40a ET Tuesday, August 30, 2016

Dear Friend of GATA and Gold:

Bron Suchecki, formerly an executive at the Perth Mint and now vice president for operations at Monetary Metals LLC, speculates today that the Netherlands central bank has refused to make public a list of its gold reserve bars because changes in the list would indicate how much gold leasing the bank has been doing.

No one can ask why gold isn't keeping up with central bank balance sheets

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8:20p ET Tuesday, August 30, 3016

Dear Friend of GATA and Gold:

A market note by two market analysts for Deutsche Bank, publicized Monday by a few news organizations, including Business Insider (see below), observed that gold's price ordinarily correlates with central bank balance sheets but that lately it has not been keeping up with the vast expansion of those balance sheets.

Resolute Mining to pay dividends in gold bullion

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By Tess Ingram
Australian Financial Review, Sydney
Tuesday, August 30, 2016

Shareholders in Resolute Mining will have the option of collecting dividend payments in gold bullion, under a new policy believed to be the first of its kind in the world.

Central bankers get tired of gold as lower exports cut cash

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By Camilla Naschert and Eddie Van Der Walt
Bloomberg News
Monday, August 30, 2016

The biggest owners of gold are tiring of the metal.

Hugo Salinas Price: The night that is upon us and the dawn of a new era

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7p ET Monday, August 29, 2016

Dear Friend of GATA and Gold:

Fed preparing to monetize 'everything,' Turk tells KWN

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6:25p ET Monday, August 29, 2016

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk, interviewed by King World News, says the Federal Reserve is preparing to monetize "everything" and he sees signs of hyperinflation in certain divergences in stock market sector prices. An excerpt from the interview is posted at KWN here:

T.F. Metals Report: Fed jawboned Friday's markets into submission

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1:20p ET Tuesday, August 2, 2016

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson elaborates on Friday's several attempts by Federal Reserve officials, ultimately successful, to jawbone the markets into doing what the Fed desires. Ferguson's commentary is headlined simply "Ridiculousness" and it's posted here:

http://www.tfmetalsreport.com/blog/7824/ridiculousness

Stock touting may be a lot easier when 'nobody knows anything'

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11:27a ET Sunday, August 28, 2016

Dear Friend of GATA and Gold:

Mining stock promoter Bob Moriarty, proprietor of 321Gold.com and author of the new book "Nobody Knows Anything," was at least speaking for himself the other day when he claimed that central banks care a lot about interest rates but not at all about gold.

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