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Daily Dispatches
Switzerland probes banks over possible forex rigging
Submitted by cpowell on Fri, 2013-10-04 21:45 Section: Daily DispatchesBy Caroline Copley and Albert Schmieder
Reuters
Friday, October 4, 2013
ZURICH -- Switzerland's financial markets regulator is working with authorities in other countries to investigate possible manipulation in the $5 trillion-a-day foreign exchange market potentially involving multiple banks.
Sinclair plans Q&A seminar outside Washington on Oct. 19
Submitted by cpowell on Fri, 2013-10-04 21:21 Section: Daily Dispatches9:20a HKT Saturday, October 5, 2013
Dear Friend of GATA and Gold:
Fed has destroyed price discovery, Stockman tells KWN
Submitted by cpowell on Fri, 2013-10-04 21:13 Section: Daily Dispatches9:12a HKT Saturday, October 5, 2013
Dear Friend of GATA and Gold:
Former U.S. budget director David Stockman tells King World News that the Federal Reserve "has destroyed any kind of honest price discovery" and that the potential rise of the gold price is "unfathomable." An excerpt from the interview is posted at the King World News blog here:
Brett Arends: Why Uncle Sam is hoarding gold
Submitted by cpowell on Fri, 2013-10-04 12:33 Section: Daily DispatchesBy Brett Arends
MarketWatch.com
Friday, October 4, 2013
Grab any Wall Street trader in a bar, or any portfolio manager in his office, and he's likely to tell you gold is finished.
Hong Kong radio interviews GATA secretary
Submitted by cpowell on Fri, 2013-10-04 01:58 Section: Daily Dispatches1:53p HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed for a few minutes today by Bryan Curtis of the daily "Money for Nothing" program on Radio/Television Hong Kong's Radio 3 station. The segment can be heard by activating the link at the bottom of the "Money for Nothing" program's page at the RTHK Internet site here:
Ross Norman: Gold -- the Silk Road redux
Submitted by cpowell on Fri, 2013-10-04 01:47 Section: Daily Dispatches1:44p HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Lawrence Williams: GATA's once-fringe views are mainstream now
Submitted by cpowell on Thu, 2013-10-03 18:39 Section: Daily Dispatches6:37a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams' new commentary, "Gold Trading or Gold Hoarding -- Which Will Win Out?," acknowledges growing recognition that GATA has been right all along about central bank efforts to suppress the price of gold.
Higher interest rates bullish for gold as they signify inflation, Barron says
Submitted by cpowell on Thu, 2013-10-03 18:19 Section: Daily Dispatches6:13a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
Gold mining entrepreneur Keith Barron tells King World News that higher interest rates are bullish, not bearish, for gold insofar as they signify higher inflation:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/3_Th...
China Gold Association leader notes Fed's manipulation of the gold market
Submitted by cpowell on Thu, 2013-10-03 18:12 Section: Daily Dispatches6:10a HKT Friday, October 4, 2013
Dear Friend of GATA and Gold:
In a review of the gold market in China for The Real Asset Co. in London, Jan Skoyles and Koos Jansen quote a leader of the China Gold Association, Zhang Jie, about the U.S. Federal Reserve's manipulation of the gold market:
No delivery allowed in Malaysia's first gold futures contract
Submitted by cpowell on Thu, 2013-10-03 03:54 Section: Daily DispatchesMalaysia to Start Gold Futures Trade as Investor Demand Expands
By Glenys Sim
Bloomberg News
Wednesday, October 2, 2013
SINGAPORE -- Malaysia's first gold futures contract will start trading on Oct. 7 to meet investor demand, according to the head of the country's derivatives exchange.