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Daily Dispatches
Pierre Lassonde must not know the right central bankers
Submitted by cpowell on Wed, 2013-10-09 20:15 Section: Daily Dispatches8:21a ChST Thursday, October 10, 2013
Dear Friend of GATA and Gold:
Gold mining entrepreneur Pierre Lassonde, a former chairman of the World Gold Council, this week told MineWeb's Geoff Candy that central bankers hardly ever think about gold, much less think about the manipulation of its price.
TF Metals Report: Goldman buys gold after panicking speculators to sell
Submitted by cpowell on Wed, 2013-10-09 05:17 Section: Daily Dispatches5:14p ChST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
Turd Ferguson of the TF Metals Report goes into the fine print of market reports and finds that Goldman Sachs is buying gold whenever it helps to panic speculators into selling it:
http://www.tfmetalsreport.com/blog/5131/paging-dr-crane
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Von Greyerz: Money printing will destroy currencies without helping economies
Submitted by cpowell on Wed, 2013-10-09 04:45 Section: Daily Dispatches4:40p ChST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz tells King World News that central bank money printing will do nothing for national economies even as it will destroy currencies and cause a debt implosion:
Starved of gold, Indians may import record volumes of silver
Submitted by cpowell on Tue, 2013-10-08 22:20 Section: Daily DispatchesBy Siddesh Mayenkar
Reuters
Tuesday, October 8, 2013
MUMBAI -- Indian silver imports are on pace to hit a record high this year as the wedding and festival season drives up buying of the precious metal instead of the traditional gold, made scarcer and dearer by official measures aimed at cutting the trade gap.
Embry sees dollar devaluation as inevitable; Roberts says Fed will lend to Treasury
Submitted by cpowell on Tue, 2013-10-08 22:01 Section: Daily Dispatches10a CST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
At King World News, Sprott Asset Management's John Embry says gold price suppression is aimed at maintaining the U.S. dollar's status as world reserve currency a little longer but devaluation is inevitable since the country's liabilities are beyond repayment:
Comex and LBMA require market's ignorance, Tocqueville's Hathaway writes
Submitted by cpowell on Tue, 2013-10-08 06:16 Section: Daily Dispatches6:08p CST Tuesday, October 8, 2013
Dear Friend of GATA and Gold:
Tocqueville Gold Fund manager John Hathaway's quarterly letter to investors speaks plainly about market manipulation, citing "a gathering loss of investor credibility in traditional intermediaries between financial markets and bullion, such as the Comex and LBMA," the London Bullion Market Association.
Fed's only true purpose is to finance government, Turk tells KWN
Submitted by cpowell on Mon, 2013-10-07 20:04 Section: Daily Dispatches8a CST Tuesday, October 8, 2013
Dear Friend of GATA and Gold:
Taiwan and New Zealand want their dollars down
Submitted by cpowell on Mon, 2013-10-07 09:26 Section: Daily DispatchesTaiwan Dollar Rally Seen Ending on Intervention, Market Reversal
From Bloomberg News
Monday, October 7, 2013
Trading patterns suggest the rally that drove the Taiwan dollar to an eight-month high will end on speculation that central bank Governor Perng Fai-nan will step up intervention to support exporters.
Gold price 'is bound to go through the roof'
Submitted by cpowell on Mon, 2013-10-07 09:15 Section: Daily DispatchesBy Brendan Ryan
Business Day, Johannesburg
Monday, October 7, 2013
http://www.bdlive.co.za/markets/2013/10/07/gold-price-is-bound-to-go-thr...
Gold bulls have had it rough this year but many would have found solace in the Precious Metals Round Table web-based conference call and presentation held recently by Sprott Asset Management.
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.
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