Breaking Gold News and Commentary (17 August 2015)

IMPORTANT NEWS

“It was quite surprising … It looks like they may start reporting on a monthly basis” – GoldCore on China’s Gold Accumulation on Bloomberg

Gold Holds Gain After Posting First Weekly Advance Since June – Bloomberg

Gold steady as focus returns to U.S. rate hike view – Reuters

Bears Miss Gold’s Best Rally Since June as Analysts See Declines – Bloomberg

China Says Gold Hoard Climbs 1.1% in Data Transparency Push – Bloomberg

IMPORTANT COMMENTARY

Doomsday clock for global market crash strikes one minute to midnight as central banks lose control – The Telegraph

Beware a China crisis that could crash down on us all – The Telegraph

How The Wall Street Ponzi Works——The Stock Pumping Swindle Behind Four Retail Zombies – David Stockman’s Contra Corner

The ‘Big Long’ Gets Bigger As Goldman And HSBC Gobble Up Tons More Gold – Seeking Alpha

Germany Continues To Lead The West In Physical Gold Demand – GoldSeek

Billionaire Stanley Drucknemiller Loads Up On Gold, Makes It His Largest Position For First Time Ever – Zero Hedge

Mark OByrne

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