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Showing posts with the label GATA | THE GATA DISPATCH AUGUST 06

Jan Skoyles: The nature of gold demand is changing: GATA | THE GATA DISPATCH AUGUST 06, 2013.

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Jan Skoyles: The nature of gold demand is changing Submitted by cpowell on 07:13PM ET Tuesday, August 6, 2013. Section: Daily Dispatches 10:11p ET Tuesday, August 6, 2013 Jan Skoyles, research director for The Real Asset Co. in London, summarizes her recent studies of the various components of what passes for the gold market. Skoyles concludes: "The gold price is not determined by demand and supply of physical gold. Instead it has become the victim of a highly speculative paper market where financial instruments have been created to derive benefit from the inherent desire felt by investors to own, trade, and punt gold. "The nature of gold demand is changing. As Eastern nations and emerging economies take their place on the global economic stage, their investment decisions will also make an impact on markets. These countries do not wish to hold these paper products when they can own physical gold instead." Skoyles' commentary is headli

John Browne: What's in the vault?: GATA | THE GATA DISPATCH AUGUST 06, 2013.

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John Browne: What's in the vault? Submitted by cpowell on 06:56PM ET Tuesday, August 6, 2013. Section: Daily Dispatches 9:50p ET Tuesday, August 6, 2013 John Browne of Euro Pacific Capital, Peter Schiff's shop, today gets pretty explicit, seemingly for the first time, about surreptitious intervention in the gold market by central banks. If Schiff, predicting in his many television and radio appearances the collapse of the world financial system and the renaissance of gold, has ever acknowledged the possibility that the gold market may be less than free and transparent it has escaped GATA's notice. Does Browne's commentary signal a little more awareness in Schiff's thinking or does it signal that Browne's days at Euro Pacific are numbered? In any case his commentary is headlined "What's in the Vault?" and it's posted at GoldSeek here: http://news.goldseek.com/JohnBrowne/1375807115.php And at 24hGold here: http://ww