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Daily Dispatches

Von Greyerz, Embry discuss prospects for monetary metals

Section: Daily Dispatches

1:21p ET Friday, August 12, 2016

Dear Friend of GATA and Gold:

Gold fund manager Egon von Greyerz interviews Sprott Asset Management's John Embry, discussing the prospects of the monetary metals, the overvaluation of financial assets, and the increasing weaknesses of currencies, among other topics. The interview is 23 minutes long and can be viewed at Gold Switzerland's Internet site here:

Goldman Sachs up against JPMorgan in gold battle in London

Section: Daily Dispatches

Henry Sanderson and Neil Hume
Financial Times, London
Friday, August 12, 2016

http://www.ft.com/cms/s/0/739a8284-5eea-11e6-bb77-a121aa8abd95.html

Some of the world's largest banks are battling over plans to make London's $5 trillion-a-year gold market more transparent in the biggest shake-up of global bullion trading for decades.

TF Metals Report: TED spread hints at stock fall, gold rise

Section: Daily Dispatches

6:18p ET Thursday, August 11, 2016

Dear Friend of GATA and Gold:

Investment surpasses jewelry as source of most demand for gold

Section: Daily Dispatches

By Catherine Boyle
CNBC, New York
Thursday, August 11, 2016

Investors' rabid appetite for gold is showing no signs of abating, as figures from the World Gold Council show record investment in the first half of 2016.

Benn Steil: Adopt a gold-backed dollar? This is what happened the last time we tried

Section: Daily Dispatches

By Benn Steil
MarketWatch.com, New York
Thursday, August 11, 2016

"The dollar and gold are synonymous," Harry Dexter White, the architect of the Bretton Woods international monetary system, told Congress in 1945. "There is no likelihood that ... the United States will, at any time, be faced with the difficulty of buying and selling gold at a fixed price freely."

The Bank of England just learned a lot about bond market liquidity

Section: Daily Dispatches

By Tracy Alloway
Bloomberg News
Wednesday, August 10, 2016

Return on UK government bonds turns negative

Section: Daily Dispatches

From the British Broadcasting Corp.
Wednesday, August 10, 2016

The return on some UK government debt turned negative after the Bank of England missed its target in a new bond buying operation.

The bank had offered to buy government bonds, or gilts, as part of its new quantitative easing programme to stimulate the economy.

Ronan Manly: Charade continues as London metal markets get more paper trading

Section: Daily Dispatches

By Ronan Manly
BullionStar.com, Singapore
Tuesday, August 9, 2016

TF Metals Report: A new wrinkle in the paper gold con game

Section: Daily Dispatches

11:10a ET Tuesday, August 9, 2016

Dear Friend of GATA and Gold:

The gold futures contracts being planned by the London Metals Exchange and World Gold Council appear to be based only on more "paper gold" derivatives, the TF Metals Report's Turd Ferguson writes today. His analysis is headlined "A New Wrinkle in the Paper Gold Con Game" and it's posted here:

London Metal Exchange to launch gold spot, futures contracts

Section: Daily Dispatches

London Metal Exchange to Launch Gold Spot, Futures Contracts

By Clara Denina
Reuters
Tuesday, August 9, 2016

LONDON -- The London Metal Exchange said today it is planning to launch spot and futures contracts for gold and silver in the first half of 2017, adding to its list of products which includes copper and aluminium.

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