Daily Dispatches

China's Silk Road said to consider offer for $2 billion Glencore mine

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By Vinicy Chan
Bloomberg News
Wednesday, July 6, 2016

China's Silk Road Fund, a $40 billion pool set up to invest along the nation's ancient trade routes with Central Asia, is discussing a joint bid for Glencore Plc's gold mine in Kazakhstan, people with knowledge of the matter said.

TF Metals Report: The deepening fraud of Comex silver

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4:30p Wednesday, July 6, 2016

Dear Friend of GATA and Gold:

Forget Brexit -- China's currency is falling again

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By Jethro Mullen
CNN, Atlanta
Tuesday, July 5, 2016

Turmoil triggered by Brexit may have masked a more troubling market move -- China's currency is falling again.

Since British voters' shock decision to leave the European Union, the yuan has lost 1.3 percent against the dollar.

Centerra Gold to buy Thompson Creek for $1.1 billion, a 32% premium

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By Ian McGugan
The Globe and Mail, Toronto
Tuesday, July 5, 2016

Centerra Gold Inc. of Toronto, a miner looking for ways to lower its risk, has struck a US$1.1-billion deal to purchase Thompson Creek Metals Co. Inc., a Colorado-based miner seeking relief from a mountain of debt.

Analyze THIS, technically -- Part Umpteen

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3:15p ET Tuesday, July 5, 2016

Dear Friend of GATA and Gold:

Taking another look at gold futures market positioning, the TF Metals Report today says the collapse of the always-short bullion banks has gotten closer:

http://www.tfmetalsreport.com/blog/7700/onward-toward-bullion-bank-colla...

Avery Goodman: It's easy to calculate the fair-market value of gold

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By Avery B. Goodman
Tuesday, July 5, 2016

David Jensen: Detonation of the LBMA -- it wasn't Brexit, Governor Carney

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9:25a ET Tuesday, July 5, 2016

Dear Friend of GATA and Gold:

The Bank of England has been suppressing gold prices by facilitating the London Bullion Market Association's creation of unbacked "paper gold" but the market has figured out the scheme and may be about the destroy the LBMA, market analyst and mining executive David Jensen writes.

Just making sure currency markets stayed free and unmanipulated (by anyone else)

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Analyze THIS, technically.

* * *

Banks Saw Unprecedented Step Up in Market Supervision Around UK Vote

By Patrick Graham
Reuters
Monday, July 4, 2016

Ronan Manly: Bullion coin sales boost revenues of world's largest mints

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By Ronan Manly
BullionStar.com, Singapore
Monday, July 4, 2016

The world's major precious metals mints are riding high on the back of extremely strong global bullion coin demand and relatively buoyant gold and silver prices. These mints are predominantly run as commercial enterprises.

Gold has outperformed currencies and stocks, von Greyerz tells KWN

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6:07p ET Monday, July 4, 2016

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz, interviewed today by King World News, says that for many years gold has been outperforming both currencies and stocks and that, indeed, stock appreciation has been illustory. An excerpt from von Greyerz's interview is posted at KWN here:

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