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Daily Dispatches
For how many millennia do John Plender and the FT plan to disparage gold?
Submitted by cpowell on Sun, 2016-05-29 09:33 Section: Daily Dispatches9:41a ET Sunday, May 29, 2016
Dear Friend of GATA and Gold:
Annoyed at former International Monetary Fund economist Kenneth Rogoff for having lent some respectability to gold this month, for having recommended that developing countries hold less of their foreign exchange reserves in zero-interest developed-nation bonds and more in gold --
National Post mocks gold manipulation without ever questioning a central bank
Submitted by cpowell on Fri, 2016-05-27 21:17 Section: Daily DispatchesAll any journalist has to do is ask them about gold swaps and leases, but no one dares to do it:
http://www.gata.org/node/16341
http://www.gata.org/node/12016
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Shine Fades on Scotiabank's Gold Business as Banks Land in Court over Alleged Price Manipulation
Barbara Shecter and Peter Koven
National Post, Toronto
Friday, May 27, 2016
Interviews with Maguire, Embry, and Turk
Submitted by cpowell on Fri, 2016-05-27 15:39 Section: Daily Dispatches3:37p ET Friday, May 27, 2016
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News today that bullion banks and central banks are covering short positions in gold today as speculators are scared out of their longs again, the prerequisite for gold's move back up:
http://kingworldnews.com/andrew-maguire-on-the-war-in-the-gold-silver-ma...
India's banks still dragging their feet with gold monetization scheme
Submitted by cpowell on Thu, 2016-05-26 20:03 Section: Daily DispatchesBy Sutanuka Ghosal
The Times of India, Mumbai
Friday, May 27, 2016
http://economictimes.indiatimes.com/industry/banking/finance/banking/ban...
Miner sees silver price surging ninefold as global gadgets boom
Submitted by cpowell on Thu, 2016-05-26 13:02 Section: Daily DispatchesBy Natalie Obiko Pearson
Bloomberg News
Thursday, May 26, 2016
http://www.bloomberg.com/news/articles/2016-05-26/miner-sees-silver-pric...
Citigroup to pay $425 million to end CFTC benchmark probes
Submitted by cpowell on Wed, 2016-05-25 20:18 Section: Daily DispatchesMatt Robinson and Matthew Leising
Bloomberg News
Wednesday, May 25, 2016
Citigroup Inc. will pay $425 million to resolve U.S. Commodity Futures Trading Commission claims that the bank attempted to manipulate global benchmarks for interest-rate products multiple times from 2007 to 2012.
Nick Barisheff: The billionaires are wrong on gold
Submitted by cpowell on Wed, 2016-05-25 20:01 Section: Daily Dispatches8p ET Wednesday, May 25, 2016
Dear Friend of GATA and Gold:
Paul Brodsky: The monetary system has devalued 47% in 10 years
Submitted by cpowell on Wed, 2016-05-25 10:02 Section: Daily Dispatches10a ET Wednesday, May 25, 2016
Dear Friend of GATA and Gold:
China wants to set prices for the world's commodities
Submitted by cpowell on Wed, 2016-05-25 09:35 Section: Daily DispatchesFrom Bloomberg News
Wednesday, May 25, 2016
China has put the world's traditional financial centers on notice that it wants to develop its raw material markets as hubs for setting prices, seeking to marry the country's commercial heft with a much greater say in determining how much commodities cost.
Venezuela fights crisis with biggest sovereign gold sale since 2007
Submitted by cpowell on Wed, 2016-05-25 09:19 Section: Daily DispatchesBy Ranjeetha Pakiam and Eddie Van Der Walt
Bloomberg News
Wednesday, May 25, 2016
Venezuela held the biggest gold sale by a central bank in eight years as the country's economic crisis deepened and the government faced concern that it may struggle to honor bond payments.