GATA

Too big to tax: Settlements are tax write-offs for big banks

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By Lynnley Browning
Newsweek, New York
Monday, October 27, 2014

At the Justice Department, senior officials like to congratulate themselves on the headline-making, big-bucks settlements they have imposed upon banks and lenders for their part in causing the 2008 mortgage meltdown that sparked the biggest American financial crisis since the Great Depression.

Russia expanded gold reserves for 8th month amid ruble rout

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By Anna Andrianova and Laura Clarke
Bloomberg News
Friday, December 19, 2014

Russia, the world's fifth-biggest gold holder, added to its hoard for an eighth month even after having to use its international reserves on defending the ruble.

Koos Jansen: 'Spectacular' volumes of gold and silver imported by India in November

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2:50p ET Friday, December 19, 2014

Dear Friend of GATA and Gold:

Market rigging by U.S. hinges on gold exports to Asia, Roberts tells KWN

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2:06p ET Friday, December 19, 2014

Dear Friend of GATA and Gold:

Paul Craig Roberts: Financial market manipulation is the new trend -- Can it continue?

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12:35p ET Friday, December 19, 2014

Dear Friend of GATA and Gold:

Former Assistant U.S. Treasury Secretary Paul Craig Roberts earned his tin-foil hat years ago but he deserves a whole bauxite mine for his commentary this week, "Financial Market Manipulation Is the New Trend -- Can It Continue?"

Alasdair Macleod: Derivatives and mass financial destruction

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11:05a ET Friday, December 19, 2014

Dear Friend of GATA and Gold:

The U.S. government's transferring to itself this month liabilities for defaulted derivatives resulting from bank failures is alarming for the haste with which it was enacted, GoldMoney research director Alasdair Macleod writes today.