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Daily Dispatches
Treasury prepares for negative-rate bidding in bond auctions
Submitted by cpowell on Wed, 2012-08-01 13:33 Section: Daily DispatchesThe more that real interest rates are negative, the more "financial repression" and gold price suppression are required to keep the currency alive and defend it against competitors that don't depreciate so quickly.
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U.S. Treasury Plans Floating-Rate Notes in Year or More
By Meera Louis and Cheyenne Hopkins
Bloomberg News
Wednesday, August 1, 2012
Swiss National Bank overwhelmed in desperate campaign to devalue franc
Submitted by cpowell on Tue, 2012-07-31 23:03 Section: Daily DispatchesSwitzerland Is 'New China' in Currencies
By Alice Ross
Financial Times, London
Tuesday, July 31, 2012
http://www.ft.com/intl/cms/s/0/d3176586-db29-11e1-be74-00144feab49a.html
There is a "new China" active in the currency markets, according to analysts, as Switzerland's battle to weaken the franc inflates its stockpile of foreign currency reserves.
Embry, Leeb share monetary metals optimism with King World News
Submitted by cpowell on Mon, 2012-07-30 21:17 Section: Daily Dispatches9:15p ET Monday, July 30, 2012
Dear Friend of GATA and Gold:
Got Gold Report: Most important silver COT chart for 2012
Submitted by cpowell on Mon, 2012-07-30 21:02 Section: Daily Dispatches9p Monday, July 30, 2012
Dear Friend of GATA and Gold:
Ron Paul: 'Audit the Fed' moves forward
Submitted by cpowell on Mon, 2012-07-30 11:59 Section: Daily DispatchesBy U.S. Rep. Ron Paul
Monday, July 30, 2012
http://www.paul.house.gov/index.php?option=com_content&view=article&id=1...
Hathaway sees $100 up days for gold; Macleod sees quick death for euro
Submitted by cpowell on Mon, 2012-07-30 07:37 Section: Daily Dispatches7:31a ET Monday, July 30, 2012
Dear Friend of GATA and Gold:
Tocqueville Gold Fundmanager John Hathaway tells King World News that new inflationary action by the Federal Reserve is likely to cause daily increases of $100 in gold soon:
And economist Alasdair Macleod, writing at GoldMoney, predicts a surprisingly quick death for the euro:
At least three banks seen central to LIBOR rigging
Submitted by cpowell on Sat, 2012-07-28 16:07 Section: Daily DispatchesBy Carrick Mollenkamp and Emily Flitter
Reuters
Saturday, July 28, 2012
http://www.reuters.com/article/2012/07/28/us-banking-libor-traders-idUSB...
New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.
Douglas Keenan: My thwarted attempt to tell of LIBOR shenanigans
Submitted by cpowell on Fri, 2012-07-27 11:26 Section: Daily DispatchesBy Douglas Keenan
Financial Times, London
Thursday, July 26, 2012
http://www.ft.com/intl/cms/s/0/dc5f49c2-d67b-11e1-ba60-00144feabdc0.html
EU may criminalize commodities price distortion
Submitted by cpowell on Fri, 2012-07-27 08:55 Section: Daily DispatchesThen all they'd have to do is find someone willing to enforce the law.
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By Barbara Lewis
Reuters
Thursday, July 26, 2012
http://www.reuters.com/article/2012/07/26/eu-benchmarks-idUSL6E8IQEL7201...
GoldMoney interview with Cheviot's Naylor-Leyland cites gold market manipulation
Submitted by cpowell on Wed, 2012-07-25 22:51 Section: Daily Dispatches10:50p ET Wednesday, July 25, 2012
Dear Friend of GATA and Gold: