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Daily Dispatches
Venezuela devalues currency by 32%
Submitted by cpowell on Fri, 2013-02-08 16:43 Section: Daily DispatchesBy Eyanir Chinea
Reuters
Friday, February 8, 2013
http://www.reuters.com/article/2013/02/08/venezuela-currency-devaluation...
CARACAS -- Venezuela devalued its bolivar currency to 6.3 per dollar from 4.3 per dollar, the finance minister said today, in a widely expected move to shore up government finances after blowout government spending last year.
Russian policy study group notes GATA's exposure of gold price suppression
Submitted by cpowell on Fri, 2013-02-08 14:16 Section: Daily Dispatches2:17p ET Friday, February 8, 2013
Dear Friend of GATA and Gold:
GATA's work has come to the attention of a public policy study organization in Russia, the Strategic Culture Foundation, whose researcher, Valentin Katasonov, notes particularly GATA's publication of secret records from the International Monetary Fund confirming gold price suppression by Western central banks:
This story shall the good man teach his son
Submitted by cpowell on Fri, 2013-02-08 00:59 Section: Daily Dispatches1:04a ET Friday, February 9, 2013
Dear Friend of GATA and Gold:
Jim Sinclair tonight appeals to his comrades in golden arms for a little courage.
Turkey refuses to halt gold flow to Iran
Submitted by cpowell on Thu, 2013-02-07 11:24 Section: Daily DispatchesBy Asli Kandemir and Evrim Ergin
Reuters
Thursday, February 7, 2013
http://www.reuters.com/article/2013/02/07/turkey-gold-idUSL5N0B776O20130207
ISTANBUL -- Turkey will not be swayed by U.S. sanctions pressure to halt gold exports to Iran but Tehran's demand for the metal may fall this year, Economy Minister Zafer Caglayan said today.
India's central bank keeps scheming to push people out of real metal and into imaginary gold
Submitted by cpowell on Thu, 2013-02-07 11:16 Section: Daily DispatchesReserve Bank of India Considers More Gold Import Curbs
By Suvashree Dey Choudhury and Siddesh Mayenkar
Reuters
Wednesday, February 6, 2013
http://in.reuters.com/article/2013/02/06/gold-india-imports-idINDEE91505...
Ian Gordon: Economic winter could thaw gold equities
Submitted by cpowell on Thu, 2013-02-07 11:02 Section: Daily Dispatches11a ET Thursday, February 7, 2013
Dear Friend of GATA and Gold:
Market analyst Ian Gordon, founder of the Longwave Group in British Columbia, discusses gold price suppression in an interview with Brian Sylvester of The Gold Report. It's headlined "Ian Gordon: Economic Winter Could Thaw Gold Equities" and it's posted at The Gold Report's Internet site here:
Imagine what gold and silver subpoenas might dig up
Submitted by cpowell on Wed, 2013-02-06 19:53 Section: Daily DispatchesRecord of Trader Talk to Haunt RBS
By Kara Scannell and Brooke Masters
Financial Times, London
Wendesday, February 6, 2013
http://www.ft.com/intl/cms/s/0/84132b88-7083-11e2-a2cf-00144feab49a.html
A senior yen trader at Royal Bank of Scotland made a revealing observation in mid-2007 about the bank panel that sets the borrowing rate in Japanese yen.
Antal Fekete: China's risk-free bonanza in covered call selling in silver
Submitted by cpowell on Tue, 2013-02-05 21:39 Section: Daily Dispatches9:34p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold (and Silver):
24hGold tonight republishes a 4-year-old essay by the economic historian Antal Fekete speculating, as silver market analyst Ted Butler long has done, that China is the major short in the silver market.
Why the secrecy around NY Fed transactions involving U.S. government gold?
Submitted by cpowell on Tue, 2013-02-05 21:33 Section: Daily Dispatches9:30p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold:
Financial journalist Lars Schall reports tonight (in the "Update 3" paragraph at the link below) that the Federal Reserve Bank of New York appears to be declining to explain the secrecy around its gold transactions and even around gold transactions involving the U.S. government-owned gold:
New York Sun: Virginia in the vanguard
Submitted by cpowell on Tue, 2013-02-05 20:48 Section: Daily Dispatches8:45p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold:
The New York Sun today lauds Virginia for its legislature's considering establishing a metallic standard for money.