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Daily Dispatches
Philadelphia Fed president notices that Fed is rigging markets
Submitted by cpowell on Mon, 2012-02-27 08:49 Section: Daily DispatchesThat makes two U.S. central bankers:
http://www.gata.org/node/10839
"Market intervention is exactly why central banking was invented. Intervening in markets is what central banks do. They have no other purpose."
-- A high school graduate at GATA's Washington conference, April 18, 2008. (http://www.gata.org/node/6242)
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LATimes notes that 'the gold market is moving east'
Submitted by cpowell on Mon, 2012-02-27 08:27 Section: Daily DispatchesChina Refines Its Role in Global Gold Market
By David Pierson
Los Angeles Times
Sunday, February 26, 2012
http://www.latimes.com/business/la-fi-china-gold-20120227,0,4040073.story
A bit player only a decade ago, China has emerged as one of the most important forces in the global gold market, helping fuel the rising value of the precious metal.
Greece isn't only one that can't service its debt, Davies tells Martenson
Submitted by cpowell on Sun, 2012-02-26 21:55 Section: Daily Dispatches9:55p ET Sunday, February 26, 2012
Dear Friend of GATA and Gold:
James Turk: No reprieve for Greece from debtor's prison
Submitted by cpowell on Sun, 2012-02-26 21:29 Section: Daily Dispatches9:30p ET Sunday, February 26, 2012
Dear Friend of GATA and Gold:
G-20 aims to assemble $2 trillion European bailout deal
Submitted by cpowell on Sun, 2012-02-26 09:06 Section: Daily DispatchesBy Dave Graham and Tetsushi Kajimoto
Reuters
Sunday, February 26, 2012
http://www.reuters.com/article/2012/02/26/us-g-idUSTRE81N1L620120226
MEXICO CITY -- The world's leading economies worked on Sunday to line up a deal in April on a second global rescue package worth nearly $2 trillion to stop the euro-zone sovereign debt crisis from spreading and putting at risk the tentative recovery.
With access to enough money, you can rig any market
Submitted by cpowell on Sat, 2012-02-25 13:56 Section: Daily Dispatches1:45p ET Saturday, February 25, 2012
Dear Friend of GATA and Gold:
Central bank buying traps gold shorts, Davies tells King World News
Submitted by cpowell on Sat, 2012-02-25 13:28 Section: Daily Dispatches1:27p ET Saturday, February 25, 2012
Dear Friend of GATA and Gold:
Hinde Capital CEO Ben Davies tells King World News that he see evidence of central bank buying in bulk in the gold market, trapping shorts. An excerpt from the interview is posted at the King World News blog here:
Now China is Venezuela's partner in developing Las Cristinas gold project
Submitted by cpowell on Fri, 2012-02-24 19:55 Section: Daily DispatchesVenezuela to Develop Las Cristinas Gold Mine with China
From Reuters
Friday, February 24, 2012
http://www.reuters.com/article/2012/02/24/venezuela-gold-idUSL2E8DOBTT20...
Venezuela will develop its huge Las Cristinas gold project in partnership with Chinese state investment company CITIC, President Hugo Chavez announced on Friday.
Gold bullion or cash? And GATA's secretary interviewed
Submitted by cpowell on Fri, 2012-02-24 15:49 Section: Daily Dispatches3:48p ET Thursday, February 23, 2012
Dear Friend of GATA and Gold:
Our friends at GoldCore in Ireland have put together a catchy 4 1/2-minute video commercial detailing the superiority of gold over government currency as a vehicle for savings. It's titled "Gold Bullion or Cash?" and it's posted at YouTube here:
Public won't notice gold until another record high, Embry tells KWN
Submitted by cpowell on Thu, 2012-02-23 20:18 Section: Daily Dispatches8:15p ET Thursday, February 23, 2012
Dear Friend of GATA and Gold:
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