You are here
Daily Dispatches
China is in on gold price suppression too
Submitted by cpowell on Fri, 2012-03-02 12:47 Section: Daily Dispatches12:49p ET Friday, March 2, 2012
Dear Friend of GATA and Gold:
Andrew Maguire's disclosure via King World News today that the Pan Asia Gold Exchange has been killed because of pressure brought in China by a New York financial house --
Market riggers got China to kill PAGE, Maguire tells King World News
Submitted by cpowell on Fri, 2012-03-02 11:47 Section: Daily Dispatches11:40a ET Friday, March 2, 2012
Dear Friend of GATA and Gold:
Inflation not as low as you think, American Institute for Economic Research says
Submitted by cpowell on Fri, 2012-03-02 10:40 Section: Daily DispatchesBy Kathy Kristoff
CBS News, New York
Wednesday, February 29, 2012
http://www.cbsnews.com/8301-505144_162-57387655/inflation-not-as-low-as-...
Forget the modest 3.1 percent rise in the Consumer Price Index, the government's widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research:
Probability of central bank intervention against gold rattles Gartman Letter
Submitted by cpowell on Fri, 2012-03-02 10:28 Section: Daily Dispatches10:20a ET Friday, March 2, 2012
Dear Friend of GATA and Gold:
This week's counterintuitive smashdown in the gold price has not only brought a couple of gold fund managers to the point of wondering aloud about market manipulation by central banks:
Kevin Michael Grace and J.S. Kim on gold market manipulation
Submitted by cpowell on Fri, 2012-03-02 01:07 Section: Daily Dispatches1a ET Friday, March 2, 2012
Dear Friend of GATA and Gold:
Kevin Michael Grace of Resource Clips and J.S. Kim of SmartKnowledgeU and the Underground Investor comment incisively on this week's manipulation of the gold market.
Grace's commentary is headlined "Auguries -- The Great and Powerful Oz" and it's posted at Resource Clips here:
James Turk: Mining stocks -- still on the runway
Submitted by cpowell on Thu, 2012-03-01 23:33 Section: Daily Dispatches11:30p ET Thursday, March 1, 2012
Dear Friend of GATA and Gold:
Brazil declares new 'currency war' against foreign devaluations
Submitted by cpowell on Thu, 2012-03-01 21:20 Section: Daily DispatchesBy Samantha Pearson
Financial Times, London
Thursday, March 1, 2012
http://www.ft.com/intl/cms/s/0/76d1d4d0-63d0-11e1-8762-00144feabdc0.html
SAO PAULO, Brazil -- Brazil has declared a fresh "currency war" on the United States and Europe, extending a tax on foreign borrowings and threatening further capital controls in an effort to protect the country's struggling manufacturers.
Sharps Pixley's Norman blames gold smashing on single seller 'out for effect'
Submitted by cpowell on Thu, 2012-03-01 20:31 Section: Daily Dispatches8:25p Thursday, March 1, 2012
Dear Friend of GATA and Gold:
In his gold market commentary today Ross Norman, proprietor of the London bullion broker Sharps Pixley Ltd. and founder of TheBullionDesk.com, joins those who attribute gold's smashdown yesterday to a single source who was "out for effect." Norman writes:
Gold smashing was a central bank operation, Salinas Price says
Submitted by cpowell on Thu, 2012-03-01 19:26 Section: Daily Dispatches7:25p ET Thursday, March 1, 2012
Dear Friend of GATA and Gold (and Silver):
Hugo Salinas Price, president of the Mexican Civic Association for Silver, tells King World News tonight that yesterday's smashing of the gold price was a central bank operation that should not deter anyone from continuing to acquire the monetary metals.
Wow! Another gold fund manager gets suspicious
Submitted by cpowell on Thu, 2012-03-01 13:45 Section: Daily Dispatches1:49p ET Thursday, March 1, 2012
Dear Friend of GATA and Gold:
Another gold fund manager, Gabelli's Caesar Bryan, today tells King World News that yesterday's bombing of gold was done by a not-for-profit seller, the strange sort of selling that keeps turning up at strategic moments in the market, and he's starting to wonder if it has something to do with central bank intervention.
Pages
