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Daily Dispatches
Zero Hedge: UBS is about to blow the cover on a massive gold-rigging scandal
Submitted by cpowell on Mon, 2015-09-28 13:28 Section: Daily DispatchesFrom Zero Hedge
Monday, September 28, 2015
Embry mocks disinformation at Kitco, cites pervasive corruption
Submitted by cpowell on Mon, 2015-09-28 12:36 Section: Daily Dispatches12:35p ET Monday, September 28, 2015
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, mocks the usual disinformation from Kitco News and cites the Volkswagen scandal as emblematic of the corruption pervading the world. His interview is excerpted at the KWN blog here:
It's all 'perverted' now as U.S. swap spreads tumble below zero
Submitted by cpowell on Mon, 2015-09-28 08:43 Section: Daily DispatchesBy Liz McCormick
Bloomberg News
Monday, September 28, 2015
At the height of the financial crisis, the unprecedented decline in swap rates below Treasury yields was seen as an anomaly. The phenomenon is now widespread.
How Sweden's negative interest-rates experiment has turned economics on its head
Submitted by cpowell on Mon, 2015-09-28 08:31 Section: Daily DispatchesBy Peter Spence
The Telegraph, London
Sunday, September 27, 2015
It has long been believed that when it comes to interest rates, zero is as low as you can go. Who would choose to keep their money in the bank if they had to pay for the privilege?
Switzerland probes banks over precious metals price fixing
Submitted by cpowell on Mon, 2015-09-28 08:24 Section: Daily DispatchesFrom The Telegraph, London
Monday, September 28, 2015
Swiss competition authorities are investigating HSBC, Barclays, Deutsche Bank, and four other banks on suspicion of price fixing in the precious metals market.
Investor lawsuits pile up claiming U.S. Treasury market is rigged
Submitted by cpowell on Mon, 2015-09-28 08:15 Section: Daily DispatchesBy Joe Rennison
Financial Times, London
Monday, September 28, 2015
NEW YORK -- Investors have filed a flurry of court cases claiming banks and brokers have been rigging the Treasury bond market and increasing the cost of selling debt for the US government.
Metals and Minerals Trading Corp. to produce, market India's sovereign gold coins
Submitted by cpowell on Sun, 2015-09-27 23:43 Section: Daily DispatchesDillip Satapathy
Business Standard, New Delhi
Monday, September 28, 2015
BHUBANESWAR, India -- Metals and Minerals Trading Corp., under the Union commerce ministry, will manufacture and market sovereign gold coins in India and abroad.
Lawrence Williams: CPM Group's Christian contrives to minimize Shanghai gold offtake
Submitted by cpowell on Sun, 2015-09-27 18:47 Section: Daily Dispatches8:365p ET Sunday, September 17, 2015
Dear Friend of GATA and Gold:
Indian government may not ask questions about gold submitted for paperizing
Submitted by cpowell on Sun, 2015-09-27 18:38 Section: Daily DispatchesGovernment to Make Gold Monetisation Scheme Attractive Before Launch
From the Deccan Herald
Bangalore, India
Monday, September 28, 2015
The more markets are 'financialized,' the more central banks can rig them
Submitted by cpowell on Sat, 2015-09-26 21:19 Section: Daily Dispatches9:30p ET Saturday, September 26, 2015
Dear Friend of GATA and Gold:
Perth Mint research director Bron Suchecki today elaborates on the Physical Gold Fund's interview with an unidentified Swiss gold refinery executive, which GATA called to your attention Wednesday --