Daily Dispatches

BitGold announces a bitcoin-like system for gold storage and payments

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By Giulio Prisco
Bitcoin Magazine, Huntsville, Alabama
Wednesday, May 6, 2015

BitGold Inc. has announced the launch of the BitGold platform, a software service that connects gold storage with payment networks, resulting in a banking-like platform for gold.

The Economist does its part to mislead about gold

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12:52p ET Thursday, May 7, 2015

Dear Friend of GATA and Gold:

Disinformation and information suppression about gold have intensified in recent weeks, and as might be expected, The Economist is doing its part, this time with commentary in its May 2 edition headlined "Gold Prices: Buried -- Russia Is Buying Gold But Few Others Are."

Alasdair Macleod: Controlling copper and silver prices

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12:36p ET Thursday, May 7, 2015

Dear Friend of GATA and Gold:

China has a powerful interest in suppressing commodity prices, GoldMoney research director Alasdair Macleod writes today, as well as much opportunity to do it. Macleod's analysis is headlined "Controlling Copper and Silver Prices" and it's posted at GoldMoney's Internet site here:

TF Metals Report: HFT-driven 'markets' continue to distort prices

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11:37a ET Wednesday, March 6, 2015

Dear Friend of GATA and Gold:

China tests yuan gold fix amid pricing ambitions, sources tell Reuters

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By A. Ananthalakshmi
Reuters
Wednesday, May 6, 2015

SINGAPORE -- China conducted trial runs for the planned launch of a yuan-denominated gold fix last month, three sources familiar with the matter said, in a sign that the world's second-biggest bullion consumer was moving closer to creating a benchmark price.

Two traders sued by CFTC for 'spoofing' on gold and silver futures

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Patricia Hurtado
Bloomberg News
Tuesday, May 5, 2015

Two traders from the United Arab Emirates were sued by U.S. regulators over claims they were "spoofing" gold and futures markets by placing bids and offers they intended to cancel before execution.

GATA Chairman Murphy's 'Midas' commentary posted at Zero Hedge

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9:26p ET Tuesday, May 5, 2015

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's nightly gold market "Midas" commentary at LeMetropoleCafe.com reviews some of GATA's dogged efforts over the years to call attention to the rigging of the gold market by central banks. The commentary is headlined "Rant Time" and it's posted in the clear at Zero Hedge here:

Zero Hedge: Gold repatriation from NY Fed continued in March

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3:25p ET Tuesday, May 5, 2015

Dear Friend of GATA and Gold:

Gold repatriation from the Federal Reserve Bank of New York continued in March, Zero Hedge reports today, bringing foreign custodial gold in the New York Fed's vaults below 6,000 tonnes for the first time in many years:

Even Brown Brothers Harriman admits rigging of gold market by central banks

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1:40p ET Tuesday, May 5, 2015

Dear Friend of GATA and Gold:

Dating from 1818, Brown Brothers Harriman describes itself as the oldest private bank in the United States. It is also the newest recipient of a GATA tin-foil hat, on account of its acknowledgment that central banks are surreptitiously manipulating the gold market.

Turk tells KWN when it's easy and when it's hard to suppress gold

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7:30p ET Monday, May 4, 2015

Dear Friend of GATA and Gold:

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