Daily Dispatches

Avery Goodman: The Trump administration looks friendly toward a gold standard

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8:40p Thursday, December 15, 2016

Dear Friend of GATA and Gold:

Ted Butler: The royal flush

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1:30p ET Thursday, December 15, 2016

Dear Friend of GATA and Gold:

Fleckenstein dismissed as 'nonsense' the silver rigging Deutsche Bank has just admitted

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11:24a ET Thursday, December 15, 2016

Dear Friend of GATA and Gold:

Thanks to GATA's friend D.W. for noting today that your secretary/treasurer should have read deeper into money manager Bill Fleckenstein's internet site when criticizing him last night for his obliviousness to market manipulation:

http://www.gata.org/node/17017

Cancellation of currency notes suppresses gold demand in rural India

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Life in the Time of Demonetisation: Rural Gold Hubs Silent

By Sutanuke Ghosel
The Times of India, Mumbai
Thursday, December 15, 2016

KOLKATA, India -- Jewellers and bullion dealers in India are refraining from buying gold despite the dip in price, thwarted by subdued demand in rural areas due to the demonetisation-induced cash crunch.

Cash ban gives a boost to India's government-run banks

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By Nupur Acharya and Santanu Chakraborty
Bloomberg News
Wednesday, December 14, 2016

Shares of India's biggest state-run lenders are on a roll, thanks to a government ban on high-value notes that took almost four-fifths of the nation's currency out of circulation.

Bron Suchecki: Silver smoking gun to stop dishonest dealing

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8:16a ET Thursday, December 15, 2016

Dear Friend of GATA and Gold:

Fleckenstein is surprised by gold's price action but he shouldn't be

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10:35p ET Wednesday, December 14, 2016

Dear Friend of GATA and Gold:

Interviewed by King World News, money manager Bill Fleckenstein of Fleckenstein Capital acknowledges being confused by today's price action in gold and silver.

"As for the metals," Fleckenstein says, "I'm kind of surprised they were hit as hard as they were. ... I don't really see why gold should act so terribly."

Gold is half of Indians' physical assets, ahead of real estate, study finds

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Indians Still Fancy Gold, Study Says

By a Special Correspondent
The Hindu, Chennai, India
Wednesday, December 13, 2016

The total wealth held by individuals in India rose 8.5 percent to Rs.304 lakh crore in the financial year 2015-16 and is expected to further increase to Rs.558 lakh crore over the next five years, according to the India Wealth Report 2016 by Karvy Private Wealth.

Another social cost of gold price suppression: Ruined environment

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11:54a ET Wednesday, December 14, 2016

Dear Friend of GATA and Gold:

Another huge social cost of gold price suppression can be seen in an illustrated essay posted this week by the internet magazine Sapiens about the environmental damage done by wildcat gold mining in the Amazon River rainforest.

All that glitters is gold in Indian city famous for jewellery craftsmanship

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By A. Shrikumar
The Hindu, Chennai, India
Wednesday, December 14, 2016

MADURAI, India -- Behind the glitzy facade of showrooms at Madurai's age-old jewellery bazaar, a labyrinth of narrow alleys leads to dingy workshops where traditional goldsmiths sit by a sizzling stove, melting and shaping the yellow metal into enviable ornaments.

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