GATA

Ben Davies' 'Bubble-ology' describes central banking's destruction of markets

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2:30p ET Monday, November 24, 2014

Dear Friend of GATA and Gold:

With his new study, "Bubble-ology," Hinde Capital CEO Ben Davies describes the "financialization" of the world economy by central banks, their market-destroying interventions and, really, their destruction of basic productivity. Davies' study is posted here:

http://clearslide.com/v/pgv5vs

Miles Franklin's Holter, TF Metals Report sense trouble with Comex gold

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1:55p ET Monday, November 24, 2015

Dear Friend of GATA and Gold:

Miles Franklin market analyst Bill Holter writes today that he sees signs that someone is trying to corner the December gold contract on the New York Commodity Exchange:

http://blog.milesfranklin.com/is-comex-being-cornered

The TF Metals Report's Turd Ferguson also sees signs of strain in Comex gold:

Zero Hedge: Ukraine sells gold to 'optimize' FX reserves

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11:59a ET Monday, November 24, 2014

Dear Friend of GATA and Gold:

Citing a statement by the Ukrainian central bank --

http://bank.gov.ua/control/uk/publish/article?art_id=12252943&cat_id=558...

-- Zero Hedge reports that Ukraine has confirmed selling gold for U.S. dollars in the name of "optimizing" its foreign exchange reserves:

Koos Jansen: China's govt. and private gold reserves likely total 16,000 tonnes

Section:

11:50a ET Monday, November 24, 2014

Dear Friend of GATA and Gold:

China ready to cut rates again on fears of deflation, sources tell Reuters

Section:

By Kevin Yao
Reuters
Monday, November 24, 2014

BEIJING -- China's leadership and central bank are ready to cut interest rates again and loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures, and job losses, said sources involved in policy-making.

GoldSeek Radio interviews GATA Chairman Murphy and Peak Prosperity's Martenson

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9:44p ET Sunday, November 23, 2014

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and Chris Martenson of Peak Prosperity are interviewed today about the prospects for the monetary metals by GoldSeek Radio's Chris Waltzek. Martenson is interviewed first and Murphy's segment begins at the 45:30 mark here:

http://radio.goldseek.com/

CHRIS POWELL, Secretary/Treasurer