You are here

GATA

Subscribe to GATA feed
Updated: 5 hours 24 min ago

Jan Skoyles: Suspicion endures about Bundesbank's gold repatriation

Fri, 08/25/2017 - 09:38

8:38a ET Friday, August 25, 2017

Dear Friend of GATA and Gold:

GoldCore's Jan Skoyles today reviews the continuing suspicions around the German Bundesbank's repatriation of some of its gold from the Federal Reserve Bank of New York. She credits GATA and Germany's "Repatriate Our Gold" movement for causing the Bundesbank to feel a need to "build trust and confidence domestically." Skoyles' commentary is headlined "The Truth about Bundesbank Repatriation of Gold from U.S." and it's posted at GoldCore here:

http://www.goldcore.com/us/gold-blog/truth-bundesbank-repatriation-gold-...

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

MarketSlant's Lanci remains suspicious about Fed's still holding German gold

Thu, 08/24/2017 - 18:17

5:15p ET Thurday, August 24, 2017

Dear Friend of GATA and Gold:

MarketSlant editor Vince Lanci, founder of fund management company Echobay Partners, today tells Kitco News' Daniel Cambone that he is not impressed that Germany's Bundesbank repatriated some of its gold from other central banks ahead of schedule.

The schedule was far too long to begin with, Lanci said, and he notes that the Bundesbank has left far more gold with the U.S. Federal Reserve than with other central banks, raising suspicion that the Fed has not been able to repay the Bundesbank all the gold that was owed.

Lanci's interview is seven minutes long and can be viewed at Kitco here:

http://www.kitco.com/news/video/show/Kitco-News/1687/2017-08-23/Why-Germ...

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

Alasdair Macleod: Gold -- crossing the Rubicon

Thu, 08/24/2017 - 14:33

1:32p ET Thursday, August 24, 2017

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod today explains why the United States and its allies long have considered it necessary to suppress the gold price to support the U.S. dollar and how China has begun to corner the gold market in anticipation of backing the yuan with gold and breaking American control over the world economy. Macleod's analysis is headlined "Gold -- Crossing the Rubicon" and it's posted at GoldMoney here:

https://www.goldmoney.com/research/goldmoney-insights/gold-crossing-the-...

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

Jim Rickards: The truth about the Fort Knox gold

Thu, 08/24/2017 - 08:39

7:38a ET Thursday, August 24, 2017

Dear Friend of GATA and Gold:

Fund manager, author, and newsletter editor James G. Rickards writes today that the U.S. government declines to audit its gold reserves because it doesn't want the world to realize gold's importance in the world monetary system. Rickards adds that much of the U.S. gold reserves could be leased even as all the metal remains in government vaults. Rickards' commentary is headlined "The Truth About the Fort Knox Gold" and it's posted at the Daily Reckoning here:

https://dailyreckoning.com/truth-fort-knox-gold/

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

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

Embry to KWN: Sure, there's gold in the vaults, but who claims ownership?

Wed, 08/23/2017 - 21:45

8:44p ET Wednesday, August 23, 2017

Dear Friend of GATA and Gold:

Responding to U.S. Treasury Secretary Steven Mnuchin's visit to Fort Knox this week, Sprott Asset Management's John Embry tells King World News that the most important issue isn't whether there is gold in central bank vaults but rather how many ownership claims attach to it. Embry's interview is posted at KWN here:

http://kingworldnews.com/john-embry-mnuchin-was-just-being-clever-all-th...

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/wp-content/uploads/2017/07/NOIC2017_powe...

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: Mnuchin's PR visit to Fort Knox proved nothing about U.S. gold reserves

Wed, 08/23/2017 - 20:43

7:45p ET Wednesday, August 23, 2017

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly writes today that regardless of the propaganda purposes of U.S. Treasury Secretary Steven Mnuchin's visit to Fort Knox this week, it established nothing about the U.S. gold reserves. Manly's commentary is headlined "Mnuchin's PR Visit to Fort Knox Proves Nothing About the U.S. Gold Reserves" and it's posted at Bullion Star here:

https://www.bullionstar.com/blogs/ronan-manly/mnuchins-pr-visit-fort-kno...

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

Gold researcher Ronan Manly interviewed by newsletter writer Jay Taylor

Wed, 08/23/2017 - 15:36

2:35p ET Wednesday, August 23, 2017

Dear Friend of GATA and Gold:

Gold researcher Ronan Manly was interviewed today by newsletter writer Jay Taylor about gold's relationship with gold derivatives -- "paper gold" -- and whether the former can ever break free of the latter. Manly notes that his attendance at GATA's conference in London in 2011 prompted him to renew his research into the monetary metals. The interview is a little less than a half-hour long and can be heard at Taylor's internet site here:

https://jaytaylormedia.com/media/taylor20170822.mp3

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/wp-content/uploads/2017/07/NOIC2017_powe...

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

Germany repatriates all the gold it planned to recover -- or was going to get

Wed, 08/23/2017 - 12:33

Germany Repatriates Gold Reserves Ahead of Schedule

From Deutsche Welle, Bonn, Germany
Wednesday, August 23,2 017
http://www.dw.com/en/germany-repatriates-gold-reserves-ahead-of-schedule...

Germany's central bank has completed an initiative to bring half of the country's gold reserves home three years ahead of schedule, as it repatriated all of its gold kept in Paris and a third of its reserves in the US.

The Frankfurt-based Bundesbank said today that half of Germany's 3,378 tons of gold had been brought home from New York, London, and Paris, where it had been stashed for many decades to avoid it falling into the hands of the Soviet Union during the Cold War.

In a recent shipment, some 374 tones of the metal, 11 percent of the German stock, left the vaults at the Bank of France, while 300 tones had been removed from the Federal Reserve in New York to the Bundesbank vaults in Frankfurt, board member Carl-Ludwig Thiele told journalists.

... Dispatch continues below ...


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


"We've checked every ingot against authenticity, fineness, and weight. We have nothing to complain about," Thiele said, adding that the secret shipments were finished three years ahead of schedule and at a cost of some 7.7 million euros ($9.1 million). Under the gold repatriation plan announced in 2013, Germany originally envisaged bringing home half of its reserves by 2020.

Germany holds the world's second-largest gold reserves after the United States, at 3,378 tons or 270,000 ingots of around 12 kilograms each. The amount has a market value of around 120 billion euros. Some 1,710 tons -- or 50.6 percent -- are now kept in Frankfurt, while 1,236 tons remain in New York and 432 in London.

New York was a favored location as home of the world's most vital currency, the U.S. dollar, while London's deep gold market could allow the metal to be quickly converted into cash in an emergency.

The share of Germany's cache in France was built up during the decades of the country's post-World War II economic miracle, when the Bundesbank converted the country's trade surpluses with its neighbor into gold stored in the Parisian vaults of the Banque de France.

But in the wake of the U.S. subprime crisis and the emergence of the eurozone debt crisis in 2012, eurosceptic voices in Germany began pressing for an audit of the precious metal kept abroad.

They had suspected the gold might have been tampered with, lent out, or sold off. The Bundesbank responded to the calls for greater transparency by agreeing to bring a larger share home. Today the central bank said that further repatriations were not planned.

* * *

Join GATA here:

New Orleans Investment Conference
Wednesday-Saturday, October 25-28, 2017
Hilton New Orleans Riverside Hotel, New Orleans, Louisiana
http://neworleansconference.com/wp-content/uploads/2017/07/NOIC2017_powe...

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

FOFOA