Daily Dispatches

Are these north Wales hills sitting on a gold mine?

Submitted by cpowell on Sat, 2018-11-24 21:40. Section: Daily Dispatches

By Nick Bourne
BBC News, London
Saturday, November 24, 2018

Experts think there's potential for a gold rush in north Wales as Alba Mineral Resources is carrying out research across a 20-mile area known as the Dolgellau gold belt in Gwynedd.

A survey has been conducted around the site of Clogau St David's gold mine at Bontddu, Dolgellau, which shut in 1989.

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Gold price hits record high in Pakistan as inflation looms

Submitted by cpowell on Sat, 2018-11-24 21:33. Section: Daily Dispatches

Gold Prices Shoot Up to Historic High at Rs63,700 Per Tola

By Salman Siddiqui
The Express Tribune, Karachi, Pakistan
Saturday, November 24, 2018

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GATA chairman discusses confession by ex-JPM trader

Submitted by cpowell on Sat, 2018-11-24 14:33. Section: Daily Dispatches

9:34a ET Saturday, November 24, 2018

Dear Friend of GATA and Gold:

In an interview with Chris Marcus for StockPulse and Miles Franklin, GATA Chairman Bill Murphy discusses the confession to monetary metals market rigging by a former trader for JPMorganChase. Murphy also discusses the Bank of England's refusal to repatriate Venezuela's gold as well as the prospects for silver.

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Citigroup, JPMorgan to pay $182.5 million to settle rate-rigging lawsuit

Submitted by cpowell on Fri, 2018-11-23 17:36. Section: Daily Dispatches

By Jonathan Stempel
Reuters
Friday, November 23, 2018

NEW YORK -- Citigroup Inc and JPMorgan Chase & Co will pay $182.5 million to settle U.S. investor litigation claiming they violated antitrust law by conspiring with other banks to rig a key European interest rate benchmark.

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Support GATA by subscribing to The Calandra Report

Submitted by cpowell on Thu, 2018-11-22 14:12. Section: Daily Dispatches

11:19a ET Thursday, November 22, 2018

Dear Friend of GATA and Gold:

Our longtime friend the intrepid world-traveling market analyst Thom Calandra, publisher of The Calandra Report financial letter, is generously offering GATA supporters a deeply discounted one-year subscription offer in which half the price will be donated to GATA.

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Ronan Manly: LBMA 'trading data' is empty, suggests removal of central bank activity

Submitted by cpowell on Wed, 2018-11-21 15:24. Section: Daily Dispatches

10:23a ET Wednesday, November 21, 2018

Dear Friend of GATA and Gold:

Indispensable gold market analyst Ronan Manly, writing for Bullion Star today, writes that the London Bullion Market's new trading data report contains no trading data at all but does contain an anomaly suggesting that central bank trading has been erased from the data.

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JPMorgan metals rigging probe prompts U.S. to seek delay in civil suit

Submitted by cpowell on Wed, 2018-11-21 15:06. Section: Daily Dispatches

By Chris Dolmetsch
Bloomberg News
Tuesday, November 20, 2018

The Justice Department's investigation of manipulation in the precious-metals markets at JPMorgan Chase & Co. spurred prosecutors to ask a judge to delay a civil lawsuit focusing on similar misconduct.

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Craig Hemke at Sprott Money: Another great oxymoron -- LBMA 'transparency'

Submitted by cpowell on Wed, 2018-11-21 01:38. Section: Daily Dispatches

8:38p ET Tuesday, November 20, 2018

Dear Friend of GATA and Gold:

London gold market data published today by the London Bullion Market Association, the TF Metal Report's Craig Hemke writes at Sprott Money, demonstrates what a fraud the market is, as it purports to trade every day more than a third of the world's annual gold production and 42 percent of annual silver production.

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