Daily Dispatches

CME resolving physical gold squeeze with 100-ounce, 400-ounce, and 1-kg bars


By Neils Christensen
Kitco News, Montreal
Tuesday, March 24, 2020

Increasing pressure from market players and significant liquidity issues in the gold market are prompting CME Group to make some changes in how it delivers its physical gold.

Dutch bank ABN AMRO closing customer gold accounts


9:31p ET Tuesday, March 24, 2020

Dear Friend of GATA and Gold:

End of metals price suppression is near, GATA chairman says


9:15p ET Tuesday, March 24, 2020

Dear Friend of GATA and Gold:

Interviewed last week by digital silver vendor AGXpay, GATA Chairman Bill Murphy forecast the end of gold and silver price suppression. It may not be here yet but he had good timing. The interview is nine minutes long and can be viewed at YouTube here:


CME is asked to change gold delivery rules amid coronavirus lockdown, sources tell Reuters


By Peter Hobson
via Nasdaq.com, New York
Tuesday, March 24, 2020


'Are they losing control' at the Comex?


3:30p ET Tuesday, March 24, 2020

Dear Friend of GATA and Gold:

Reacting to today's Financial Times report acknowledging "liquidity" problems in gold at the New York Commodities Exchange --


-- a Middle Eastern source who long has been intimately involved with the gold market says:

LBMA acknowledges gold liquidity problems amid price volatility


It's at the bottom of the Financial Times report below. Maybe liquidity problems are inevitable when people try to convert infinite paper to finite metal.

* * *

Goldman Sachs Tells Clients It Is Time to Buy Gold

By Neil Hume and Henry Sanderson
Financial Times, London
Tuesday, March 24, 2020

Pam and Russ Martens: The fear chart that Wall Street's smart money is watching


By Pam and Russ Martens
Wall Street on Parade
Tuesday, March 24, 2020

The chart that tells you how all today's economic troubles are going to end --


$1 billion poured by traders into biggest credit ETF to front-run Fed


By Katherine Greifeld
Bloomberg News
Tuesday, March 24, 2020

The rush into investment-grade bonds picked up after the Federal Reserve said it will step into the market, with the world's largest credit exchange-traded fund seeing the second-biggest inflows in its 18-year history.

Physical silver supply squeeze to get worse, First Majestic's Keith Neumeyer warns


11:06p ET Monday, March 23, 2020

Dear Friend of GATA and Gold:

First Majestic Silver CEO Keith Neumeyer today tells Daniela Cambone of Kitco News that "the paper markets are completely a fallacy" and First Majestic is withholding sales of its metal in anticipation of higher prices. "It's a very tight market," Neumeyer adds, "and now you can't buy any metal at all."

Fed move awakens gold just as supply of the metal hits a snag


By Myra P. Saefong
MarketWatch.com, New York
Monday, March 23, 2020

Gold's one-day dollar surge is one for the record books. But as bullion deliveries hit a snag and mining operations slow, the precious metal may soon see prices rally to new heights.

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