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Daily Dispatches
Silver class-action suits against Morgan, HSBC consolidated in New York
Submitted by cpowell on Tue, 2011-02-08 20:22 Section: Daily DispatchesBy Evan Weinberger
Law360.com, New York
Tuesday, February 8, 2011
http://www.law360.com/securities/articles/224556
A judicial panel on Tuesday consolidated class-action litigation alleging that JPMorgan Chase & Co. and HSBC Holdings PLC violated antitrust laws by manipulating the silver market and potentially reaped billions of dollars while keeping the price of silver artificially low.
Central banks must act against rising commodity prices, Lux central banker says
Submitted by cpowell on Tue, 2011-02-08 11:38 Section: Daily DispatchesECB's Mersch: Euro Zone Bailout Fund Needs Government Bond-Buying Powers
By Frances Robinson
Dow Jones Newswires
via The Wall Street Journal
Monday, February 7, 2011
Alasdair Macleod: Why technical analysis fails with gold
Submitted by cpowell on Tue, 2011-02-08 11:26 Section: Daily Dispatches11:25a ET Tuesday, February 8, 2011
Dear Friend of GATA and Gold:
Technical analysis of the gold market is doubtful, economist and former banker Alasdair Macleod writes today, because analysts don't distinguish between investment in gold via paper markets and the hoarding of gold, the taking possession of the real stuff.
Murray Pollitt: World would benefit from a higher gold price
Submitted by cpowell on Tue, 2011-02-08 11:12 Section: Daily Dispatches11:07a ET Tuesday, February 8, 2011
Dear Friend of GATA and Gold:
In his latest commentary, Murray Pollitt of Pollitt & Co. in Toronto, enumerates the many benefits to the world that would follow from a higher gold price. Pollitt headlines his commentary "Ramblings" and you can find it at GATA's Internet site here:
Morgan will take gold pledged against any crappy paper
Submitted by cpowell on Mon, 2011-02-07 13:15 Section: Daily DispatchesGood luck getting it back.
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JPMorgan Will Take Gold as Collateral with Inflation in Focus
By Amanda Cooper
Reuters
Monday, February 7, 2010
http://www.reuters.com/article/2011/02/07/us-jpmorgan-gold-idUSTRE7162SG...
Banks covering silver shorts fast; GLD said targeted for draining
Submitted by cpowell on Mon, 2011-02-07 11:51 Section: Daily Dispatches11:42a ET Monday, February 7, 2011
Dear Friend of GATA and Gold (and Silver):
The Got Gold Report's Gene Arensberg examines the latest trader position reports for the silver futures market and finds that the big commercial traders are rapidly reducing their short positions as silver's price rises. Aresnberg writes:
Adrian Douglas: Silver breaks its golden shackles
Submitted by cpowell on Sun, 2011-02-06 12:00 Section: Daily Dispatches11:59a ET Sunday, February 6, 2011
Dear Friend of GATA and Gold (and Silver):
Turk, Davies interview audios posted at King World News
Submitted by cpowell on Sun, 2011-02-06 11:49 Section: Daily Dispatches11:48a ET Sunday, February 6, 2011
Dear Friend of GATA and Gold (and Silver):
Audio of this week's King World News interviews with GoldMoney founder and GATA consultant James Turk and Hinde Capital CEO Ben Davies have been posted.
Bank of England playing 'confidence trick' on inflation, MPC veteran says
Submitted by cpowell on Sun, 2011-02-06 11:19 Section: Daily DispatchesBank of England Attempting Inflation 'Confidence Trick,' Says Former MPC Member Kate Barker
By Emma Rowley
The Telegraph, London
Saturday, February 5, 2011
http://www.telegraph.co.uk/finance/economics/8304054/Bank-of-England-att...
Haynes impressed by silver's strength, Norcini by long bond's weakness
Submitted by cpowell on Sun, 2011-02-06 10:57 Section: Daily Dispatches10:56a ET Sunday, February 6, 2011
Dear Friend of GATA and Gold (and Silver):
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