Daily Dispatches

Turk's charts show gold and silver competing well against national currencies

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12:20p ET Tuesday, January 5, 2016

Dear Friend of GATA and Gold:

GoldMoney founder James Turk today gives King World News charts of the performance of gold and silver from 2001 through 2015 in a dozen national currencies, concluding that the monetary metals have actually done pretty well. Turk's analysis is posted at KWN here:

Foreign banks in China could face curbs if they snub gold benchmark

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By A. Ananthalakshmi
Reuters
Tuesday, January 5, 2015

China has warned foreign banks it could curb their operations in the world's biggest bullion market if they refuse to participate in the planned launch of a yuan-denominated benchmark price for the metal, sources said.

China's rigged markets could fall much further, much faster

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Good thing the West's markets aren't rigged -- or that they seldom suffer critical journalism like this.

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China's Rigged Markets Could Fall Much Further, Much Faster

By Craig Stephen
MarketWatch.com, New York
Monday, January 4, 2015

Venezuelan president seizes control of central bank

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Venezuela Fuels Fears over Hyperinflation

By Andres Schipani
Financial Times, London
Tuesday, January 5, 2015

Venezuela on Monday fuelled fears of looming hyperinflation after publishing a decree by President Nicolás Maduro curbing legislative oversight of the central bank.

Grant Williams' presentation to last month's Mines and Money London conference

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9:56p ET Monday, January 4, 2016

Dear Friend of GATA and Gold:

Zero Hedge has posted the wonderfully entertaining presentation made last month at the Mines and Money conference in London by Singapore-based fund manager Grant Williams, who notes the incongruities that pervade the gold market.

Profit Confidential notes growing evidence of gold market rigging and cites GATA

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8:40p ET Monday, January 4, 2016

Dear Friend of GATA and Gold:

Financial news and opinion Internet site Profit Confidential today notes the growing evidence of central bank manipulation of the gold market and cites GATA's efforts to expose it. Profit Confidential's commentary is headlined "Something Weird Is Happening to Gold Prices That No One Is Talking About" and it's posted here:

Bix Weir: 17 requirements for a freely traded silver market structure

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12:48a ET Thursday, December 31, 2015

Dear Friend of GATA and Gold:

Financial market blogger Bix Weir of the Road to Roota Letter today offers "17 Requirements for a Freely Traded Silver Market Structure," a list containing many good suggestions but perhaps omitting the one requirement that would transform not just the silver market but all markets on the planet.

GoldMoney introduces payment system

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BitGold Launches Request Gold Payment Application, Completing Key Platform Milestone

Company Press Release
via Business Wire
Thursday, December 31, 2015

'The Silver Manifesto' documents manipulation of gold and silver markets

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9:54p ET Wednesday, December 12, 2015

Dear Friend of GATA and Gold:

Gold-backed digital currency ditches the blockchain

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By Ian McKendry
American Banker, New York
Wednesday, December 30, 2015

WASHINGTON -- A new digital currency backed by gold is billing itself as a more compliant, liquid and ultimately reliable store of value than decentralized systems such as bitcoin.

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