Daily Dispatches

A polite accusation of 'financial repression' by the Fed

Submitted by cpowell on Fri, 2012-03-30 15:21 Section: Daily Dispatches

The Dangers of an Interventionist Fed

By John Taylor
The Wall Street Journal
Friday, March 30, 2012

http://online.wsj.com/article/SB1000142405270230381650457730740397182409...

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International Business Times notes GATA and gold price manipulation

Submitted by cpowell on Fri, 2012-03-30 12:50 Section: Daily Dispatches

12:47p Friday, March 30, 2012

Dear Friend of GATA and Gold:

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Norway's sovereign wealth fund to reduce European exposure

Submitted by cpowell on Fri, 2012-03-30 08:49 Section: Daily Dispatches

By Balazs Koranyi and Joachim Dagenborg
Reuters
Friday, March 30, 2012

http://www.reuters.com/article/2012/03/30/norway-wealthfund-idUSL6E8EU2U...

Norway's $610 billion sovereign wealth fund, Europe's biggest equity investor, plans to sharply reduce its European exposure while raising investments in emerging markets and Asia-Pacific, the finance ministry said on Friday.

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Bank of Korea cuts dollar reserves by 3%

Submitted by cpowell on Fri, 2012-03-30 08:43 Section: Daily Dispatches

By Eunkyung Se
Bloomberg News
Friday, March 30, 2012

http://www.bloomberg.com/news/2012-03-30/bok-s-dollar-holdings-fell-to-6...

SEOUL, South Korea -- South Korea, Asia's fourth-largest economy, pared the share of dollars in its foreign-exchange reserves to the lowest level since the global financial crisis erupted in 2007.

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Canada will scrap the penny this year; nickel next?

Submitted by cpowell on Thu, 2012-03-29 20:05 Section: Daily Dispatches

Canada to Scrap the Penny This Year

By Steven Chase
The Globe and Mail, Toronto
Thursday, March 29, 2012

http://www.theglobeandmail.com/news/politics/ottawa-to-scrap-the-penny-t...

Canada is scrapping the penny, ending production of the country's smallest unit of currency this spring.

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Gold has bottomed at $1,650, silver at $32, Turk tells King World News

Submitted by cpowell on Thu, 2012-03-29 18:00 Section: Daily Dispatches

6p ET Thursday, March 29, 2012

Dear Friend of GATA and Gold:

Read more about Gold has bottomed at $1,650, silver at $32, Turk tells King World News

Fed's pervasive market meddling will end disastrously, Norcini says

Submitted by cpowell on Thu, 2012-03-29 14:55 Section: Daily Dispatches

2:53p ET Thursday, March 29, 2012

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini today tells King World News that the Federal Reserve is now messing with markets so pervasively that the result is "havoc" that will "end disastrously." An excerpt from the interview is posted at the King World News blog here: