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Daily Dispatches
Martin Armstrong is too brilliant to understand that time is money
Submitted by cpowell on Sun, 2015-11-01 01:07 Section: Daily Dispatches12:14a CT Sunday, November 1, 2015
Dear Friend of GATA and Gold:
Claiming breathtaking omniscience with his latest commentary, the economist and market analyst Martin Armstrong asserts that market manipulation is nothing to worry about and that complaints of manipulation of the gold market are nonsense.
Armstrong's commentary --
Mike Kosares: You will hear the roar of the printing presses from Mars
Submitted by cpowell on Sat, 2015-10-31 14:19 Section: Daily Dispatches1:15p CT Saturday, October 31, 2015
Dear Friend of GATA and Gold:
Even Dennis Gartman openly suspects that the gold market is rigged
Submitted by cpowell on Fri, 2015-10-30 16:44 Section: Daily DispatchesFrom The Gartman Letter
Suffolk, Virginia
Friday, October 30, 2015
https://www.thegartmanletter.com
As for the precious metals, the selling late Wednesday and all day yesterday was indeed severe, and even our positions in gold/euro and gold/yen have seen severe damage wrought upon them.
TF Metals Report on Comex fraud; Maguire sees division among bullion banks
Submitted by cpowell on Fri, 2015-10-30 16:20 Section: Daily Dispatches3:20p CT Friday, October 30, 2015
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today explains again how the Comex gold futures market is fraudulent:
http://www.tfmetalsreport.com/blog/7241/futures-market-fraud
Koos Jansen: Spectacular gold withdrawals in Shanghai as Russian bank joins exchange
Submitted by cpowell on Fri, 2015-10-30 16:01 Section: Daily Dispatches3p CT Friday, October 30, 2015
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen reports today that withdrawals from the Shanghai Gold Exchange continue at a spectacular pace and that Russia's VTB Bank has joined the exchange, the first Russian bank to do so. Jansen's report is posted at Bullion Star here:
GoldSeek Radio interviews GATA chairman from New Orleans conference
Submitted by cpowell on Thu, 2015-10-29 20:29 Section: Daily Dispatches7:28p CT Thursday, October 29, 2015
Dear Friend of GATA and Gold:
Venezuela's gold holdings drop 19% from Jan.-May
Submitted by cpowell on Thu, 2015-10-29 19:54 Section: Daily DispatchesBy Brian Ellsworth
Reuters
Thursday, October 29, 2015
Venezuelan central bank gold holdings declined in value by 19 percent between January and May, according to its financial statements, likely reflecting gold swap operations and lower bullion prices.
China's gold imports from Hong Kong jump to 10-month high
Submitted by cpowell on Tue, 2015-10-27 18:40 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Tuesday, October 27, 2015
China's net gold imports from main conduit Hong Kong jumped to a 10-month high in September, data showed today, in a strong sign of recovering demand in the second half of the year.
Banks that run credit-default swaps market suspect their own corruption
Submitted by cpowell on Tue, 2015-10-27 09:29 Section: Daily DispatchesInside the Secretive Circle That Rules a $14 Trillion Market
By Nabila Ahmed
Bloomberg News
Monday, October 26, 2015
Fifteen of the biggest players in the $14 trillion market for credit insurance are also the referees.
Firms such as JPMorgan Chase & Co. and Goldman Sachs Group Inc. wrote the rules, are the dominant buyers and sellers, and, ultimately, help decide winners and losers.
Ex-Goldman banker and Fed employee will plead guilty in document leak
Submitted by cpowell on Tue, 2015-10-27 09:11 Section: Daily DispatchesBy Ben Protess and Peter Eavis
The New York Times
Tuesday, October 27, 2015
A former Goldman Sachs banker suspected of taking confidential documents from a source inside the government has agreed to plead guilty, a rare criminal action on Wall Street, where Goldman itself is facing an array of regulatory penalties over the leak.