Daily Dispatches

IMF keeps pretending it had to sell gold to help poor countries. ...

Submitted by cpowell on Sat, 2012-09-29 01:07 Section: Daily Dispatches

... as if its member central banks aren't in the business of just printing money.

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IMF to Use Windfall Gold Profit for Loans to Poor Members

By Sandrine Rastello
Bloomberg News
Friday, September 27, 2012

http://www.bloomberg.com/news/2012-09-28/imf-to-use-windfall-gold-profit...

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Judge throws out CFTC's position limits rule

Submitted by cpowell on Fri, 2012-09-28 16:41 Section: Daily Dispatches

By Alexandra Alper and Karey Wutkowski
Reuters
Friday, September 28, 2012

http://www.reuters.com/article/2012/09/28/us-cftc-positionlimits-idUSBRE...

WASHINGTON -- A federal judge handed an 11th-hour victory to Wall Street's biggest commodity traders today, knocking back tough new regulations that would have cracked down on speculation in energy, grain, and metal markets.

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Von Greyerz sees wealthy buying gold and moving it outside banking system

Submitted by cpowell on Fri, 2012-09-28 15:15 Section: Daily Dispatches

3:12p ET Friday, September 28, 2012

Dear Friend of GATA and Gold:

Read more about Von Greyerz sees wealthy buying gold and moving it outside banking system

Interviewed by GoldMoney, Martenson and Hera agree QE is just a bank bailout

Submitted by cpowell on Fri, 2012-09-28 11:00 Section: Daily Dispatches

11a ET Friday, September 28, 2012

Dear Friend of GATA and Gold:

Read more about Interviewed by GoldMoney, Martenson and Hera agree QE is just a bank bailout

Why gold bulls are too timid for takeovers

Submitted by cpowell on Fri, 2012-09-28 10:35 Section: Daily Dispatches

By David Berman
The Globe and Mail, Toronto
Thursday, September 27, 2012

http://www.theglobeandmail.com/globe-investor/markets/market-blog/why-go...

Here's an open challenge to the world's gold producers: Start snapping up your rivals.

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RBS traders boasted of LIBOR 'cartel'

Submitted by cpowell on Fri, 2012-09-28 10:23 Section: Daily Dispatches

By Steven Swinford and Harry Wilson
The Telegraph, London
Wednesday, September 26, 2012

http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9568087/...

Senior traders at Royal Bank of Scotland boasted about operating a “cartel” that made “amazing” amounts of money by rigging interest rates, it has been disclosed.