You are here

GATA

Subscribe to GATA feed
Updated: 4 hours 36 min ago

Mike Kosares: Blinded by the money illusion

Wed, 07/05/2017 - 14:09

1:12p ET Wednesday, July 5, 2017

Dear Friend of GATA and Gold:

The biggest threat to the financial markets, USAGold's Mike Kosares writes today, may be the very central banks whose asset purchases have been propping them up, as the central banks consider selling those assets to shrink their balance sheets and return financial conditions to normal. Kosares' analysis is headlined "Blinded by the Money Illusion" and it leads the July issue of USAGold's News & Views letter here:

http://www.usagold.com/publications/NewsViewsNVJuly2017.html

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Buy metals at GoldMoney and enjoy international storage

GoldMoney was established in 2001 by James and Geoff Turk and is safeguarding more than $1.7 billion in metals and currencies. Buy gold, silver, platinum, and palladium from GoldMoney over the Internet and store them in vaults in Canada, Hong Kong, Singapore, Switzerland, and the United Kingdom, ­taking advantage of GoldMoney's low storage rates, among the most competitive in the industry. GoldMoney also offers delivery of 100-gram and 1-kilogram gold bars and 1-kilogram silver bars. To learn more, please visit:

http://www.goldmoney.com/?gmrefcode=gata


Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Of course this would never happen with gold -- or no one would ever dare to ask

Tue, 07/04/2017 - 10:17

Metals Trading Has a Paper Fraud Problem

By Mark Burton
Bloomberg News
Monday, July 3, 2017

For all the high-tech wizardry of modern financial markets, there’s one corner of the commodity world that still depends almost entirely on printed paper -- making it an easy target for crooks.

Buyers and sellers of base metals like copper, aluminum, and nickel use documents known as warehouse receipts to prove every pound involved in a transaction actually exists and who owns it. The receipts, from a long list of issuers who often stamp them with holograms and secret codes, have become the linchpin of bank loans backed by the metal as collateral.

But like most pieces of paper, warehouse receipts can be faked, and there are signs that more lenders are being ripped off by crooks exploiting weaknesses in what commodity businesses refer to as trade financing. For the second time since 2014, some banks are facing multimillion-dollar losses after being tricked into making loans secured by goods that didn't exist. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2017-07-03/paper-trail-on-metal-...

ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Tax hike in India could boost illegal bullion, jewelry sales and smuggling

Tue, 07/04/2017 - 09:34

By Rajendra Jadhav
Reuters
Tuesday, July 4, 2017

MUMBAI -- A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewelry.

As part of a new nationwide sales tax regime that kicked in on July 1, the goods and services tax on gold has jumped to 3 percent from 1.2 percent previously, with traders and buyers saying the move will likely force more transactions into the black market.

"Three percent is too much. I preferred to buy without receipts. The jeweler did not have any problem," said a middle-aged buyer, who declined to be identified after making purchases on Monday at the country's biggest bullion market, Zaveri Bazaar in Mumbai.

Smaller shops could be more inclined to sell without receipts, potentially hitting sales at big jewelers that keep to the rules, said Harshad Ajmera, the proprietor of JJ Gold House, a wholesaler in the eastern Indian city Kolkata.

"Just to save 1 percent, some customers were earlier buying gold without receipts. With the 3-percent GST, now many more will be tempted to make unofficial purchases from small jewelers," Ajmera said.

The tax hike could also encourage more smuggling into the world's second biggest gold consumer, which buys almost all its bullion abroad. ...

... For the remainder of the report:

http://www.reuters.com/article/us-india-gold-tax-idUSKBN19P0M3


ADVERTISEMENT

USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Russian academic and political leaders listen to Hugo Salinas Price about silver

Mon, 07/03/2017 - 17:42

4:48p ET Monday, July 3, 2017

Dear Friend of GATA and Gold:

Accepting an academic honor last week at a ceremony at the Russian embassy in Mexico City, Hugo Salinas Price, president of the Mexican Civic Association for Silver, argued that Mexico's central bank should purchase a portion of the country's silver production for monetary reserves just as China is buying the whole of that country's gold production. Salinas Price discloses that he has urged Russia to issue a silver ruble in anticipation of replacement of the U.S. dollar standard with a metallic money standard in the world financial system. Salinas Price also discusses the suppression of gold and silver prices by a cabal of U.S.-led central banks and financial institutions.

His address is headlined "Silver and the Great Future of Mexico," and, important as the address is, it may be more important still for showing that academic and political leaders in Russia are listening to him. It is posted at the association's internet site, Plata.com, here:

http://www.plata.com.mx/Mplata/articulos/articlesFilt.asp?fiidarticulo=3...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth

With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.

Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.

Crucial guides to storage in Singapore and Switzerland can be read here:

http://info.goldcore.com/essential-guide-to-storing-gold-in-singapore

http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland

GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.

Email the GoldCore team at info@goldcore.com or call our trading desk:

UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.

Visit us at: http://www.goldcore.com

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Despite lousy sentiment, gold and silver are doing well this year, Turk tells KWN

Mon, 07/03/2017 - 17:14

4:15p ET Monday, July 3, 2017

Dear Friend of GATA and Gold:

Gold and silver have done well in the first half of the year despite the terrible sentiment in the monetary metals sector, GoldMoney founder and GATA consultant James Turk tells King World News today, adding that both the monetary meals are in backwardation in the futures markets. Turk's comments are posted at KWN here:

http://kingworldnews.com/james-turk-worried-todays-gold-silver-smash-tak...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

We Are Amid the Biggest Financial Bubble in History;
When It Bursts, Bullion Owned in the Safest Way Will Protect Wealth

With GoldCore you can own allocated -- and most importantly -- segregated coins and bars in Switzerland, Singapore, and Hong Kong.

Switzerland, Singapore, and Hong Kong remain extremely safe jurisdictions for storing bullion. Avoid exchange-traded funds and digital gold providers where you are a price taker. Ensure that you are outright legal owner of your bullion. If you do not own segregated bullion that you can visit, inspect, and take delivery of, you are exposed.

Crucial guides to storage in Singapore and Switzerland can be read here:

http://info.goldcore.com/essential-guide-to-storing-gold-in-singapore

http://info.goldcore.com/essential-guide-to-storing-gold-in-switzerland

GoldCore does not report transactions to any authority. Safety, privacy, and confidentiality are paramount when we are entrusted with storage of our clients' precious metals.

Email the GoldCore team at info@goldcore.com or call our trading desk:

UK: +44(0)203-086-9200. U.S.: +1-302-635-1160. International: +353(0)1-632-5010.

Visit us at: http://www.goldcore.com

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Ronan Manly: How many silver bars are in the LBMA vaults in London?

Mon, 07/03/2017 - 08:10

7:14a ET Monday, July 3, 2017

Dear Friend of GATA and Gold:

Monetary metals researcher Ronan Manly reports today that the London Bullion Market Association is expected to announce soon just how much silver is held in its members' vaults in London, which presumably will bring some transparency to an exceedingly opaque market, in which claims to the metal greatly surpass the amount of metal supporting them. Manly's analysis is headlined "How Many Silver Bars Are in the LBMA Vaults in London?" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/much-silver-held-lbma-vaul...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

USAGold: Coins and bullion since 1973

USAGold, well known for its Internet site, USAGold.com, offers contemporary bullion coins and bullion-related historic gold coins for delivery to private investors in the United States, Europe, Canada, Australia, and New Zealand. It is one of the oldest and most respected names in the gold industry, with thousands of clients and an approach to investment that emphasizes guidance and individual needs over high-pressure sales tactics. The firm's zero-complaint record at the Better Business Bureau makes it an ideal match for the conservative, long-term investor looking for a reliable contact in the gold business.

Please call 1-800-869-5115x100 and ask for the trading desk, or visit:

http://www.USAGold.com

USAGold: Great prices, quick delivery -- all the time.

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Digital-payments firm Paytm joins jewellers in India to promote gold

Sun, 07/02/2017 - 17:48

Paytm Goes Gaga over Gold

By Yuthika Bhargave
The Hindu, Chennai, India
Saturday, July 2, 2017

http://www.thehindu.com/business/Industry/paytm-goes-gaga-over-gold/arti...

Paytm, which has sold more than 100 kilograms of gold on its platform, is in discussions with jewellers across the country to enable buyers to redeem their digital gold in the form of jewellery.

In April this year the digital-payments firm had partnered with MMTC-PAMP to allow consumers to purchase 24-karat 999.9-purity gold on its platform and store it in MMTC-PAMP's secure vaults free of charge. Customers, who could invest one rupee onwards, currently can either sell the gold back online or can get accumulated gold of more than 1 gram delivered to their homes.

... Dispatch continues below ...


ADVERTISEMENT

Newrange Gold Stakes 111 Additional Claims at Its Pamlico Gold Project in Nevada

Company Announcement
Monday, June 26, 2017

VANCOUVER, British Columbia, Canada -- Newrange Gold Corp. (TSX-V: NRG, US: CMBPF) is pleased to report that the company has staked 111 new claims at the company's Pamlico Project in Nevada. The new claims:

-- Add 928 hectares to property.

-- Increase property by 75 percent to 2,165 hectares.

-- Better encompass the dominant gold trends in the area.

-- Cover areas of prospects and mine workings with historic surface samples ranging from 0.5 to 3.0 grams of gold per metric tonne in highly deformed and altered carbonate sediments.

-- Add multiple prospective targets in favorable volcanic rocks known to host high-grade gold mineralization as currently being explored in the Merritt Zone.

-- Provide a significant exploration and operational "buffer" around previous holdings. ...

... For the remainder of the announcement:

http://www.newrangegold.com/i/pdf/NRG_NR_20170626-Final.pdf

"The response has exceeded our expectations. We are in the process of enabling customers to convert this gold into jewellery of their choice at their favourite outlets across India," said Krishna Hegde, senior vice president of Paytm.

He added that this would help Paytm reach out to a "wider set of customers" while also benefiting jeweller partners.

"Paytm customers will be able to find jewellers near them where they can convert Digital Gold into jewellery instantly by paying a making charge," he added.

He said users had been buying gold in a variety of denominations right from 1 rupee to a few lakhs of rupees.

"Some are buying gold worth 11 rupees every day while there are some who are buying 1 gram every week,” he added.

He added that the company is seeing 150 percent month-on-month growth in terms of number of transactions for gold on the platform.

"People in the 25-35 age group are our core buyers for gold, but increasingly we are seeing 50+ users embrace the product," Hedge said, adding that Goa, Karnataka, Himachal Pradesh, Tamil Nadu, Punjab, Haryana, West Bengal, Gujarat, and Chhattisgarh have emerged as the top markets for the product.

On the partnership with jewellers, Rajesh Khosla, managing director at MMTC-PAMP, said once the consumer wants to convert gold holding into jewellery, the gold is transferred from the customer's account to the jeweller's account providing complete flexibility in its redemption.

* * *

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Few in U.S. want gold and silver coins when stocks seem strong

Sat, 07/01/2017 - 10:07

U.S. Mint's 1st-Half Sales of American Eagle Gold Coins Weakest Since 2007

By Marcy Nicholson
Reuters
Friday, June 30, 2017

U.S. Mint American Eagle gold coin sales in the first half of 2017 were the lowest for this period in a decade, while sales of silver in the period were the weakest since 2008, government data showed on Friday. ...

"U.S. investors seem to be interested in equities since every day seems like a bull market," said Terry Hanlon, president of Dillon Gage Metals. "The news is positive for stocks and mostly negative for metals. Therefore, money is not going into the purchase of U.S. Mint American Eagles." ...

... For the remainder of the report:

http://www.reuters.com/article/us-usmint-coins-idUSKBN19L2RT

ADVERTISEMENT

Storage and Withdrawal of Gold with Bullion Star in Singapore

Bullion Star is a Singapore-registered company with a one-stop bullion shop, showroom, and vault at 45 New Bridge Road in Singapore.

Bullion Star's solution for storing bullion in Singapore is called My Vault Storage. With My Vault Storage you can store bullion in Bullion Star's bullion vault, which is integrated with Bullion Star's shop and showroom, making it a convenient one-stop shop for precious metals in Singapore.

Customers can buy, store, sell, or request physical withdrawal of their bullion through My Vault Storage® online around the clock. Storage rates are competitive.

For more information, please visit Bullion Star here:

https://www.bullionstar.com/

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Romania hit by $4.4-billion damage claim over stalled gold mine project

Fri, 06/30/2017 - 14:18

By Neil Buckley
Financial Times, London
Thursday, June 29, 2017

A Toronto-listed mining company is claiming $4.4 billion in damages from Romania at the World Bank's arbitration tribunal, accusing Bucharest of unfairly blocking its $2 billion project to create one of Europe's biggest gold mines and expropriating its assets.

Gabriel Resources won a licence in 1999 to exploit the Rosia Montana gold and silver deposits in Transylvania, but was never granted the necessary permits. The company says it has complied with all necessary Romanian and European Union legal requirements.

Environmental groups and local campaign groups have fought a bitter battle against the mining plan, saying it would destroy a region of natural beauty and damage historic mine workings dating from Roman times.

Some of the biggest street protests since the Communist era broke out in Romania in 2013 after the then socialist-liberal coalition sent a draft law to parliament giving the go-ahead to the project. An incoming socialist government in January this year asked Unesco to grant world heritage status to Rosia Montana -- which would end any chance of developing the mine. ...

... For the remainder of the report:

https://www.ft.com/content/52f5c202-5c99-11e7-9bc8-8055f264aa8b

ADVERTISEMENT

Newrange Gold Stakes 111 Additional Claims at Its Pamlico Gold Project in Nevada

Company Announcement
Monday, June 26, 2017

VANCOUVER, British Columbia, Canada -- Newrange Gold Corp. (TSX-V: NRG, US: CMBPF) is pleased to report that the company has staked 111 new claims at the company's Pamlico Project in Nevada. The new claims:

-- Add 928 hectares to property.

-- Increase property by 75 percent to 2,165 hectares.

-- Better encompass the dominant gold trends in the area.

-- Cover areas of prospects and mine workings with historic surface samples ranging from 0.5 to 3.0 grams of gold per metric tonne in highly deformed and altered carbonate sediments.

-- Add multiple prospective targets in favorable volcanic rocks known to host high-grade gold mineralization as currently being explored in the Merritt Zone.

-- Provide a significant exploration and operational "buffer" around previous holdings. ...

... For the remainder of the announcement:

http://www.newrangegold.com/i/pdf/NRG_NR_20170626-Final.pdf

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Bullion Star's gold demand charts for June

Thu, 06/29/2017 - 00:43

11:47p ET Wednesday, June 28, 2017

Dear Friend of GATA and Gold:

Bullion Star's gold demand charts for June, posted today, suggest that people outside North America remain eager to get the monetary metal:

https://www.bullionstar.com/blogs/gold-market-charts/gold-market-charts-...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Newrange Gold Stakes 111 Additional Claims at Its Pamlico Gold Project in Nevada

Company Announcement
Monday, June 26, 2017

VANCOUVER, British Columbia, Canada -- Newrange Gold Corp. (TSX-V: NRG, US: CMBPF) is pleased to report that the company has staked 111 new claims at the company's Pamlico Project in Nevada. The new claims:

-- Add 928 hectares to property.

-- Increase property by 75 percent to 2,165 hectares.

-- Better encompass the dominant gold trends in the area.

-- Cover areas of prospects and mine workings with historic surface samples ranging from 0.5 to 3.0 grams of gold per metric tonne in highly deformed and altered carbonate sediments.

-- Add multiple prospective targets in favorable volcanic rocks known to host high-grade gold mineralization as currently being explored in the Merritt Zone.

-- Provide a significant exploration and operational "buffer" around previous holdings. ...

... For the remainder of the announcement:

http://www.newrangegold.com/i/pdf/NRG_NR_20170626-Final.pdf

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

TF Metals Report explains why gold isn't rising despite dollar index's fall

Wed, 06/28/2017 - 12:16

11:19a 5:18p ET Friday, June 23, 2017

Dear Friend of GATA and Gold:

With the dollar index falling, why isn't the gold price rising? The TF Metals Report explains the complications today in commentary headlined "POSX Continues to S(t)ink," which can be found here:

https://www.tfmetalsreport.com/blog/8418/posx-continues-stink

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org

ADVERTISEMENT

Goldco Is America's No. 1 Gold IRA Provider

Goldco Precious Metals was founded by Trevor Gerszt in 2006 with a mission to help Americans protect their retirement accounts from market volatility and inflation by adding precious metals like gold and silver.

Experts predict that we are headed toward another economic crash like the one in 2008. If you aren't prepared, your retirement savings could vanish. At Goldco we take the time to understand our customers' investment goals and objectives and give them the resources to feel confident that their money will be there for them when they need it.

To learn more about adding gold and silver precious metals to your retirement accounts, please visit Goldco here:

https://goldco.com/

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/

Mines and Money London
Business Design Centre
London, England, United Kingdom
Monday-Thursday, November 27-30, 2017
http://london.minesandmoney.com/

* * *

Help keep GATA going:

GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at:

http://www.gata.org

To contribute to GATA, please visit:

http://www.gata.org/node/16

Pages

Join Forum

To prevent automated spam submissions leave this field empty.

Best of the Web