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Daily Dispatches

11 gold-related items in USA Gold's 'News & Views' letter for April

Section: Daily Dispatches

10:25a HKT Thursday, April 6, 2017

Dear Friend of GATA and Gold:

USA Gold's "News & Views" letter for April, compiled by Mike Kosares, reports in the clear 11 gold-related items, some of which got past your secretary/treasurer. The letter is posted here:

http://www.usagold.com/publications/NewsViewsApril2017.html

CHRIS POWELL, Secretary/Treasurer

Turkey to introduce sovereign gold bonds, gold lease certificates

Section: Daily Dispatches

From the Daily Sabah, Istanbul
with Anadolu Agency reporting
Sunday, April 2, 2017

Turkey's deputy prime minister, Mehmet Şimşek, announced that the government will add two new secure investment tools to the financial system -- gold-denominated bonds (sovereign gold bonds) and lease certificates (sukuk) denominated in gold in order to bring under-the-mattress gold into the economy.

Gold imports surge as Turks heed Erdogan's call and vote looms

Section: Daily Dispatches

By Behiye Selin Taner and Tuvan Gumrukcu
Reuters
Tuesday, April 4, 2017

Turkish gold imports rose 17-fold to 28.2 tonnes in March, as Turks looking to hedge currency risk ahead of a referendum in two weeks time followed President Tayyip Erdogan's calls to buy gold instead of dollars.

Turkey to give central bank first option on buying domestic gold, sources tell Reuters

Section: Daily Dispatches

By Nevzat Devranoglu
Reuters
Tuesday, April 4, 2017

ANKARA, Turkey -- Turkey is taking steps to give its central bank the right of first refusal on domestically produced gold, two sources said, allowing it to boost reserves of the precious metal without depleting foreign currency holdings.

Yes, Michael Kramer, but WHY hasn't gold kept up with inflation?

Section: Daily Dispatches

1:25p HKT Tuesday, April 4, 2017

Dear Friend of GATA and Gold:

Proven and Probable interviews GATA Chairman Murphy

Section: Daily Dispatches

11:22a HKT Tuesday, April 4, 2017

Dear Friend of GATA and Gold:

Ronan Manly: More consolidation in gold refinery business in Europe

Section: Daily Dispatches

11:15a HKT Tuesday, April 3, 2017

Dear Friend of GATA and Gold:

Bullion Star's Ronan Manly today reports more consolidation in the European gold and silver refinery business, the acquisition of Argor-Heraeus by Heraeus Precious Metals. Manly's report is headlined "German and Swiss Precious Metals Refiners Join Forces as Heraeus Acquires Argor-Heraeus" and it's posted at Bullion Star here:

TF Metals Report: Infinite imaginary supply from futures keeps silver down

Section: Daily Dispatches

11a HKT Tuesday, April 4, 2017

Dear Friend of GATA and Gold:

Obscure Comex mechanism getting heavy use, suggesting short squeeze in gold, Turk says

Section: Daily Dispatches

10:19a HKT Tuesday, April 4, 2017

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk today tells King World News about evidence of a short squeeze in gold on the New York Commodities Exchange, where use of the obscure contract-settling mechanism of "exchange of futures for physicals" seems to be exploding. Turk's analysis is posted at KWN here:

GATA secretary discusses gold market rigging on CNBC Asia

Section: Daily Dispatches

9:58a HKT Monday, April 3, 2017

Dear Friend of GATA and Gold:

CNBC Asia's "Squawk Box" program with Bernie Lo in Hong Kong this morning gave your secretary/treasurer five or six minutes to discuss recent developments in gold market rigging by central banks. A two-minute, 30-second excerpt from the interview is posted at the CNBC archive here:

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