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Daily Dispatches
Fed's reducing bond monetization will crash both U.S. and world, von Greyerz says
Submitted by cpowell on Sun, 2013-06-23 20:13 Section: Daily Dispatches8:10p ET Sunday, June 23, 2013
Dear Friend of GATA and Gold:
Gold fund manager Egon von Greyerz today tells King World News that the Federal Reserve can't possibly reduce its bond monetization because much of the world is already on the edge of collapse along with the United States itself. An excerpt from the interview is posted at the King World News blog here:
BIS tells central banks to stop pumping, start watching inflation
Submitted by cpowell on Sun, 2013-06-23 11:48 Section: Daily DispatchesCentral Banks Told to Head for Exit
By Claire Jones
Financial Times, London
Sunday, June 23, 2013
http://www.ft.com/intl/cms/s/0/455af4a6-dc09-11e2-a861-00144feab7de.html
Barrick lays off workers in Nevada, Utah, Newmont in Colorado
Submitted by cpowell on Sat, 2013-06-22 21:37 Section: Daily DispatchesBarrick Gold to Reduce Workforce by 55 in Nevada, Utah
By Martin Griffith
Associated Press
via Las Vegas (Nevada) Review-Journal
Saturday, June 22, 2013
http://www.reviewjournal.com/news/nevada-and-west/barrick-gold-reduce-wo...
Bitcoin exchange Mt. Gox halts U.S. payouts
Submitted by cpowell on Sat, 2013-06-22 21:29 Section: Daily DispatchesBitcoin's Big Bank Problem: Why Did Mt. Gox Halt U.S. Payouts?
By Robert McMillan
Wired magazine, New York
Thursday, June 20, 2013
Norcini sees hints of upward reversal in gold futures
Submitted by cpowell on Sat, 2013-06-22 20:58 Section: Daily Dispatches9p ET Saturday, June 22, 2013
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini today tells King World News that while he doesn't want to make too much of it, changes in trader positions in the gold futures market suggest that an upward reversal is possible. An excerpt from the interview is posted at the King World News blog here:
Jan Skoyles: Taking the blinkers off the gold analysts
Submitted by cpowell on Sat, 2013-06-22 08:29 Section: Daily Dispatches8:25a ET Saturday, June 22, 2013
Dear Friend of GATA and Gold:
In her new commentary, "Taking the Blinkers Off the Gold Analysts," Jan Skoyles of The Real Asset Co. in London contrasts the gold markets of the West and East -- the West being mainly paper and the East being mainly real metal.
Skoyles concludes:
Fed may recapitalize banks with inside info about metals smash, Roberts says
Submitted by cpowell on Fri, 2013-06-21 21:27 Section: Daily Dispatches9:24p ET Friday, June 21, 2013
Dear Friend of GATA and Gold:
With gold and silver prices driven down, Golden Minerals suspends production
Submitted by cpowell on Fri, 2013-06-21 17:22 Section: Daily DispatchesGolden Minerals Announces Suspension of Production
Company Press Release
via Yahoo News and PRNewsire
Friday, June 21, 2013
GOLDEN, Colorado -- Golden Minerals Co. announced that it has suspended operations at its Velardena mine as of June 21, 2013, in order to conserve the asset until operating plans and prices for silver and gold indicate a sustainable cash margin for operations.
Central banks scooping up bargain gold, Maguire tells King World News
Submitted by cpowell on Fri, 2013-06-21 14:02 Section: Daily Dispatches2p ET Friday, June 21, 2013
Dear Friend of GATA and Gold:
It's all just paper for market manipulation, Barron tells King World News
Submitted by cpowell on Fri, 2013-06-21 00:00 Section: Daily Dispatches11:57p ET Thursday, June 20, 2013
Dear Friend of GATA and Gold:
Mining entrepreneur Keith Barron tells King World News tonight that the smashing of gold markets continues to be largely a matter of paper -- futures, options, and derivatives -- not real metal, for market manipulation. An excerpt from the interview is posted at the King World News blog here: