You are here
Daily Dispatches
Dan Norinci: Bernanke tries talking down commodities
Submitted by cpowell on Wed, 2012-02-29 17:03 Section: Daily Dispatches5p ET Wednesday, February 29, 2012
Dear Friend of GATA and Gold:
Market analyst Dan Norcini has this to say about today's action in the precious metals. He writes:
Now even First Eagle's Jean-Marie Eveillard openly suspects gold market rigging
Submitted by cpowell on Wed, 2012-02-29 16:22 Section: Daily Dispatches4:35p ET Wednesday, February 29, 2012
Dear Friend of GATA and Gold:
Gold fund manager Jean-Marie Eveillard has just told King World News that he suspects that today's pounding of the gold price was a matter of central bank intervention:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/2/29_Ev...
Another day, another Fed and bullion bank intervention
Submitted by cpowell on Wed, 2012-02-29 13:22 Section: Daily Dispatches1:24p ET Wednesday, February 29, 2012
Dear Friend of GATA and Gold (and Silver):
Interviewed today by King World News, Sprott Asset Management's John Embry discusses another smash in the gold and silver paper markets by their "manipulators," the bullion banks:
Zero Hedge: NY Fed buys building housing Plunge Protection Team
Submitted by cpowell on Wed, 2012-02-29 08:34 Section: Daily Dispatches8:30a ET Wednesday, February 29, 2012
Dear Friend of GATA and Gold:
Zero Hedge's pseudonymous Tyler Durden yesterday noted the purchase by the Federal Reserve Bank of New York of the Wall Street building from which the Fed conducts its surreptitious market interventions. The commentary is headlined "New York Fed Buys Building Housing Plunge Protection Team" and it's posted here:
LIBOR manipulation probe turns criminal in U.S., Reuters says
Submitted by cpowell on Wed, 2012-02-29 08:21 Section: Daily DispatchesBy Carrick Mollenkamp
Reuters
Tuesday, February 28, 2012
http://www.reuters.com/article/2012/02/28/us-libor-probe-idUSTRE81R1ZG20...
Bill Murphy: Russia and China know what GATA discovered about gold
Submitted by cpowell on Tue, 2012-02-28 15:35 Section: Daily Dispatches3:35p ET Tuesday, February 28, 2012
Dear Friend of GATA and Gold:
Lee Quaintance and Paul Brodsky: Why Buffett is wrong on gold
Submitted by cpowell on Tue, 2012-02-28 15:28 Section: Daily Dispatches3:25p ET Tuesday, February 28, 2012
Dear Friend of GATA and Gold:
In their latest market commentary Lee Quaintance and Paul Brodsky of QB Asset Management in New York respond to renowned investor Warren Buffett's disdain for investing in gold. Quaintance and Brodsky argue that gold is simply superior money, less susceptible to devaluation.
Iran considers taking gold as payment for oil
Submitted by cpowell on Tue, 2012-02-28 14:22 Section: Daily DispatchesBy Monavar Khalaj
Financial Times, London
Tuesday, February 28, 2012
http://www.ft.com/intl/cms/s/0/c74e6f00-620d-11e1-807f-00144feabdc0.html
Silver shorts panicking, Norcini tells King World News
Submitted by cpowell on Tue, 2012-02-28 13:37 Section: Daily Dispatches1:35p ET Tuesday, February 28, 2012
Dear Friend of GATA and Gold (and Silver):
Futures market analyst Dan Norcini today tells King World News that shorts in silver have begun panicking and that the metal has broken above its 50-week moving average. An excerpt from the interview is posted at the King World News blog here:
Return to gold standard would be damaging, study group says
Submitted by cpowell on Tue, 2012-02-28 12:30 Section: Daily DispatchesWhy would anyone want to replace the current monetary system anyway?
* * *
By Amanda Cooper
Reuters
Tuesday, February 28, 2012
http://www.reuters.com/article/2012/02/28/us-gold-markets-idUSTRE81R1802...
Pages
