GATA

Brussels to fine three banks over Euribor rate rigging

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By Rochelle Toplensky and Martin Arnold
Financial Times, London
Tuesday, December 6, 2016

Brussels on Wednesday will hit HSBC, JPMorgan, and Credit Agricole with multimillion-euro fines for rigging the Euribor interest rate benchmark, closing a five-year cartel probe into a scandal that shook the financial world.

Governments, financial press falsify economic conditions, Embry tells KWN

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12:37p ET Tuesday, December 6, 2016

Dear Friend of GATA and Gold:

Governments and financial news organizations are falsifying the condition of the world's economy, Sprott Asset Management's John Embry tells King World News today, and the price action in the monetary metals is "ludicrous." Embry's comments are excerpted at KWN here:

King Report: Market rigging strives to save disintegrating Europe

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From The King Report
Burr Ridge, Illinois
Tuesday, December 6, 2016

As always when a political event occurs, be alert for central bank intervention.

Someone intervened in European stocks before European bourses opened Monday. Unlike previous interventions, the Brexit and Italian referendum manipulations are intended to save the European Union, not just banks or stocks.

CFTC leaves shaping position limits rule to Trump administration

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By Andrew Ackerman and Alexander Osipovich
The Wall Street Journal
Tuesday, December 6, 2016

WASHINGTON -- U.S. regulators failed to put the finishing touches on a much-debated, long-delayed rule to limit speculation in commodities like oil and gold, opting instead to propose a scaled-back version that leaves its outcome in the hands of the Trump administration.

Avery Goodman: What happened to gold and the dollar after Italy's 'no' vote?

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By Avery Goodman
Tuesday, December 6, 2016

Bill Holter: Fake news, fake markets

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8:25p ET Monday, December 5, 2016

Dear Friend of GATA and Gold:

Market analyst Bill Holter cites GATA's work today in his latest commentary at Jim Sinclair's JSMineSet.com, commentary headlined "Fake News, Fake Markets."