Breaking Gold News and Commentary (20 May 2015)

IMPORTANT NEWS
Five Big Banks Face Criminal Charges And $5 Billion Bill Over FX Rigging – Reuters
Gold Hit By Robust Dollar, Equities Ahead of Fed Minutes – Reuters
Indian Banks May Offer Interest On Gold Deposits Of Above 30 Grams – Reuters
Gold Ends At Lowest In A Week As The Dollar Soars – MarketWatch
India Moves a Step Closer to Tapping 20,000-Ton Gold Hoard – Bloomberg
Hong Kong Exchange Seeks to Add Commodities – Bloomberg

IMPORTANT COMMENTARY
Even the Bears May Be Too Bullish on China – Bloomberg
BOJ Bond-Buying Faces Challenge as Japan Post Slows Debt Sales – Japan Times
Why India’s latest gold paperization scheme will fail like the last one – GATA
GLD drain accelerates again – GATA
China’s Gold Accumulation Goes Far Beyond Vaults – You Tube

 

Mark OByrne

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