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Daily Dispatches
Perth Mint to collaborate with Australian Securities Exchange
Submitted by cpowell on Thu, 2015-11-26 10:27 Section: Daily DispatchesBy Bron Suchecki
The Perth Mint, Perth, Australia
Thursday, November 26, 2015
Today the Perth Mint and Australian Securities Exchange, one of the world's top-10 listed exchange groups measured by market capitalisation, announced that they would be collaborating on developing new exchange-traded precious metals products.
LBMA reports strong interest in making London gold market more transparent
Submitted by cpowell on Thu, 2015-11-26 10:22 Section: Daily DispatchesBy Clara Denina
Reuters
Wednesday, November 25, 2015
Exchanges, brokers, and data vendors are interested in providing clearing or reporting services to make the gold market more liquid and transparent, the London Bullion Market Association said Wednesday.
Class-action suit accuses big banks of interest-rate swap fixing
Submitted by cpowell on Wed, 2015-11-25 20:45 Section: Daily DispatchesBy Mike Kentz
Reuters
Wednesday, November 25, 2015
NEW YORK -- A class-action lawsuit, filed today, accuses 10 of Wall Street's biggest banks and two trading platforms of conspiring to limit competition in the $320 trillion market for interest rate swaps.
Pimco, others sue Citigroup over billions in mortgage debt losses
Submitted by cpowell on Wed, 2015-11-25 20:39 Section: Daily DispatchesBy Jonathan Stempel
Reuters
Wednesday, November 25, 2015
Pacific Investment Management Co. and other investors have sued Citigroup Inc. over the bank's alleged failure to properly monitor toxic securities backed by more than $13.8 billion of mortgage loans, resulting in $2.3 billion of losses.
Bron Suchecki: Treasury secretary can decide how much 'public demand' to meet with coins
Submitted by cpowell on Wed, 2015-11-25 08:06 Section: Daily Dispatches8:05a ET Wednesday, November 25, 2015
Dear Friend of GATA and Gold:
Koos Jansen: Shanghai Gold Exchange offtake rises
Submitted by cpowell on Tue, 2015-11-24 12:38 Section: Daily Dispatches12:38p ET Tuesday, November 24, 2015
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that withdrawals from the Shanghai Gold Exchange, the best measure of China's gold demand, are rising into the traditionally strong sales season. His commentary is posted at Bullion Star here:
Mike Kosares: Hoard of ancient Roman coins argues for gold ownership today
Submitted by cpowell on Tue, 2015-11-24 11:37 Section: Daily Dispatches11:35a ET Tuesday, November 24, 2015
Dear Friend of GATA and Gold:
A recently discovered hoard of ancient Roman coins that are mostly bronze with just 5 percent silver content nevertheless makes the case for ownership of the monetary metals today, USA Gold's Mike Kosares writes.
The hoard also may demonstrate the correlation of political and societal decline with currency debasement.
Avery Goodman: Defaults on gold loans in China will increase, not reduce, demand
Submitted by cpowell on Tue, 2015-11-24 00:32 Section: Daily Dispatches12:24a ET Tuesday, November 24, 2015
Dear Friend of GATA and Gold:
Securities lawyer and gold market analyst Avery Goodman has joined GATA consultant Koos Jansen in accusing the Reuters news agency of false and possibly deliberately false reporting about gold.
Jansen's accusation was brought to you yesterday:
The scandal isn't what's illegal -- it's what's perfectly legal
Submitted by cpowell on Mon, 2015-11-23 21:26 Section: Daily Dispatches9:42p ET Monday, November 23, 2015
Dear Friend of GATA and Gold:
Citing the Bloomberg News report brought to your attention this afternoon about the New York attorney general's supposed investigation of the use of "spoofing" to manipulate the foreign-exchange market --
Richard Russell, publisher of Dow Theory Letters, dies at 91
Submitted by cpowell on Mon, 2015-11-23 20:44 Section: Daily DispatchesBy Laurence Arnold
Bloomberg News
Monday, November 23, 2015
Richard Russell, who shared his technical analysis with subscribers through the influential Dow Theory Letters since 1958, has died. He was 91.
He died Nov. 21 at his home in La Jolla, California, his family said in a message to subscribers on the publication's website: