Daily Dispatches

Alasdair Macleod: Valuing gold

Submitted by cpowell on Tue, 2013-10-15 08:00 Section: Daily Dispatches

10:56p AEST, Tuesday, October 15, 2013

Dear Friend of GATA and Gold:

Using his measure of fiat money quantity, GoldMoney research director Alasdair Macleod argues that gold is grossly underpriced in the face of the increasing likelihood of monetary hyperinflation. Macleod's commentary is headlined "Valuing Gold" and it's posted at GoldMoney's Internet site here:

Read more about Alasdair Macleod: Valuing gold

Colluding big bank currency traders called themselves 'bandits' and 'cartel'

Submitted by cpowell on Mon, 2013-10-14 20:07 Section: Daily Dispatches

Currency Probe Looks at J.P. Morgan Trader

By David Enrich, Jenny Strasburg, and Katie Martin
The Wall Street Journal
Monday, October 14, 2013

Read more about Colluding big bank currency traders called themselves 'bandits' and 'cartel'

Is Casey Research peeking out from behind its ideological blinders?

Submitted by cpowell on Mon, 2013-10-14 19:29 Section: Daily Dispatches

10:35a AEST Tuesday, October 15, 2013

Dear Friend of GATA and Gold:

New commentary by Louis James of Casey Research suggests that the organization is finding gold market manipulation more plausible and perhaps not disparaging the idea so much anymore.

Read more about Is Casey Research peeking out from behind its ideological blinders?

Hathaway's gold market manipulation complaint emboldens MineWeb's Williams

Submitted by cpowell on Mon, 2013-10-14 18:55 Section: Daily Dispatches

9:50a AEST Tuesday, October 15, 2013

Dear Friend of GATA and Gold:

Read more about Hathaway's gold market manipulation complaint emboldens MineWeb's Williams

Derivatives let central banks suppress gold longer this time, Turk tells KWN

Submitted by cpowell on Mon, 2013-10-14 18:45 Section: Daily Dispatches

9:40a AEST Tuesday, October 15, 2013

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk today explains to King Worldl News why the latest central bank gold price suppression scheme is taking so long to be overthrown.

Read more about Derivatives let central banks suppress gold longer this time, Turk tells KWN

After sudden plunge, gold traders cry conspiracy

Submitted by cpowell on Mon, 2013-10-14 18:22 Section: Daily Dispatches

By Alex Rosenberg
CNBC, New York
Monday, October 14, 2013

http://www.cnbc.com/id/101110403

Gold dropped $25 in two minutes Friday morning following what appeared to be a single massive sell order, and professional traders are now pronouncing the sale a deliberate attempt to manipulate the market.

Read more about After sudden plunge, gold traders cry conspiracy

New York Sun: U.S. default has already happened -- twice

Submitted by cpowell on Mon, 2013-10-14 08:00 Section: Daily Dispatches

10:58p AEST Monday, October 14, 2013

Dear Friend of GATA and Gold:

An editorial in the New York Sun notes the irony in the urging of the managing director of the International Monetary Fund, Christine Lagarde, for the United States to take on more debt while the IMF used to urge other countries to get their financial affairs in order by reducing debt.

Read more about New York Sun: U.S. default has already happened -- twice

The great enabler complains about U.S. dominance of world financial system

Submitted by cpowell on Mon, 2013-10-14 07:47 Section: Daily Dispatches

10:44p AEST Monday, October 14, 2013

Dear Friend of GATA and Gold:

The government-controlled press of mainland China is full of commentary criticizing the United States and advocating diminishing U.S. power over the world financial system.