Daily Dispatches

India's April gold imports more than double from year ago, GFMS says

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By Rajendra Jadhav
Reuters
Monday, May 8, 2017

MUMBAI, India -- India's gold imports in April more than doubled from a year ago to 75 tonnes on strong demand during a festival that prompts purchases and as jewellers stocked up ahead of a new national sales tax, provisional data from consultancy GFMS showed.

LME introduces gold and silver trading on July 10

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By Enoch Yiu
South China Morning Post, Hong Kong
Monday, May 8, 2017

London Metal Exchange, a subsidiary of Hong Kong Exchanges and Clearing, will launch gold and silver spot and futures trading in London on July 10 in a bid to capture the increasing demand for trading of precious metals in London, the exchange said today.

Ed Steer: Are JPMorgan et al. done yet?

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9:35a ET Monday, May 8, 2017

Dear Friend of GATA and Gold:

Saturday's Gold & Silver Digest letter by GATA Board of Directors member Ed Steer has been posted in the clear at GoldSeek under the headline "So ... Are JPMorgan et al. Done Yet?" You can find it here:

http://news.goldseek.com/GoldSeek/1494190800.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Hong Kong exchange tries gold futures again, with physical delivery this time

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By Enoch Yiu
South China Morning Post, Hong Kong
Sunday, May 7, 2017

Hong Kong Exchanges and Clearing will undertake in the third quarter its third attempt to launch a gold futures contract after two previous failures, but traders have mixed views on its chances for success.

Those attacks on gold don't come from Adam Hamilton's mere 'speculators'

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10a ET Sunday, May 7, 2017

Dear Friend of GATA and Gold:

Every day it seems that the manipulation of the monetary metals markets can't get any more obvious, and every day it does. But at least the manipulation is starting to aggravate certain mining stock touts who have paid little heed to it.

Thai central bank chief welcomes proposal to reduce U.S. dollar transactions

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By Shotaro Tani
Nikkei Asian Review, Tokyo
Sunday, May 7, 2017

YOKOHAMA, Japan -- Thailand's central bank chief said Saturday he welcomed moves to wean Southeast Asia off its reliance on the U.S. dollar, as Japanese representatives put forward a bilateral currency swap proposal on the sidelines of the Asian Development Bank's annual summit.

Lower prices bolster gold demand; premiums rise in India, China

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By Koustav Samanta
Reuters
Friday, May 5, 2017

Gold demand in Asia rose this week, helped by a correction in prices, but traders said some buyers have held back from purchases while they wait for bullion prices to drop further.

George Gilder: Currency trading is in chaos, so reconsider the gold standard

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By George Gilder
Dallas Morning News
Friday, May 5, 2017

https://www.dallasnews.com/opinion/commentary/2017/05/05/bankers-failed-...

Astounding volumes of paper gold and silver sales detailed by Maguire at KWN

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1:25p ET Friday, May 5, 2017

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire, interviewed today by King World News, details the astounding notional volumes of paper gold and silver that have been sold in the latest smashing of monetary metals prices. An excerpt from the interview is posted at KWN here:

Veteran coin and bullion dealer 'shocked' by 'panic selling'

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8:11p ET Wednesday, May 3, 2017

Dear Friend of GATA and Gold:

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