Daily Dispatches

Maguire says HSBC will close London vaults; Celente asks where GLD metal goes

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3:28p ET Friday, March 6, 2015

Dear Friend of GATA and Gold:

In his interview today with King World News, London metals trader Andrew Maguire adds that bullion banker HSBC is closing all seven of its gold vaults in London:

http://kingworldnews.com/andrew-maguire-smashed-gold-today-hsbc-shocks-c...

Alasdair Macleod: The new London gold fix and China

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2:29p ET Friday, March 6, 2015

Dear Friend of GATA and Gold:

As of March 20, when the London daily gold price fixing is democratized a little with the participation of Chinese banks and made more transparent, China will be in a position to control the price of the monetary metal, GoldMoney research director Alasdair Macleod writes today.

Another jobs report intervention, Maguire tells KWN

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1p ET Friday, March 6, 2015

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News today that the usual pounding on gold following the U.S. jobs report looks like an official intervention and that a new gold exchange cutting bullion banks out of transactions will change the gold market soon. Maguire's interview is excerpted at the KWN blog here:

Does Rob McEwen really not wonder why gold isn't at $5,000 already?

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11:54a ET Thursday, March 5, 2015

Dear Friend of GATA and Gold:

UK frauds office launches investigation into Bank of England auctions amid rigging fears

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By Andrew Trotman and James Titcomb
The Telegraph, London
Wednesday, March 4, 2015

The Serious Fraud Office has launched an investigation into the Bank of England's money-market auctions amid fears they may have been hit by the rigging scandal that has engulfed the City.

Gold has worked for Indians, billionaire investor Thomas Kaplan says

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By the Press Trust of India
via The Times of India, Mumbai
Wednesday, March 4, 2015

http://economictimes.indiatimes.com/news/economy/finance/gold-has-worked...

NEW DELHI -- Telling Indians not to buy gold is like asking Americans not to consume liquor, billionaire investor Thomas Kaplan has said.

Australian Reserve Bank reveals probe into dollar spike ahead of rate announcement

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By Sally Rose, Jonathan Shapiro, and Gareth Hutchens
Sydney Morning Herald
Wednesday, March 4, 2015

The Australian Securities and Investments Commission is investigating suspicious trading in foreign exchange markets after the Australian dollar spiked sharply in the seconds before the Reserve Bank of Australia announced its surprise decision to hold interest rates in March.

Back in 2012 Brodsky and Quaintance suspected worldwide gold redistribution

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1:07p ET Tuesday, March 3, 2015

Dear Friend of GATA and Gold:

Recent assertions by fund manager and geopolitical analyst James G. Rickards that the United States and China are cooperating in suppressing the gold price so that China more easily may obtain enough metal to hedge its grotesque foreign exchange surplus in dollars are not necessarily the first ones along those lines.

TF Metals Report: Get ready for the Friday jobs report smashing for gold

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12:19p ET Tuesday, March 3, 2015

Dear Friend of GATA and Gold:

Koos Jansen: Where did the gold in Fort Knox come from?

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11:50a ET Tuesday, March 3, 2015

Dear Friend of GATA and Gold:

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