You are here

Daily Dispatches

Ambrose Evans-Pritchard: Global finance faces $9 trillion stress test as dollar soars

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, March 13, 2015

Sitting on the desks of central bank governors and regulators across the world is a scholarly report that spells out the vertiginous scale of global debt in US dollars, and gently hints at the horrors in store as the US Federal Reserve turns off the liquidity spigot.

TF Metals Report: Yen and gold selling trade seems to be on again

Section: Daily Dispatches

11:14p ICT Thursday, March 12, 2015

Dear Friend of GATA and Gold:

The high-frequency, algorithmic trade of selling yen and gold together seems to be back in place, the TF Metals Report's Turd Ferguson writes this week, warning that more smashes are likely ahead for "paper gold." His commentary is headlined "gird your loins" and it's posted at the TF Metals Report here:

Venezuela negotiating again to pawn its gold reserves, sources tell Reuters

Section: Daily Dispatches

Venezuela Discussing Gold Swap with Wall Street Banks, Sources Say

By Eyanir Chinea and Corina Pons
Reuters
Tuesday, March 10, 2015

HSBC vault closures forcing customers to sell gold, Maguire tells KWN

Section: Daily Dispatches

7:30a TNT Wednesday, March 11, 2015

Dear Friend of GATA and Gold:

China's international payments system is ready, could launch this year, Reuters says

Section: Daily Dispatches

By Michelle Chen and Koh Gui Qing
Reuters
Monday, March 9, 2015

China's long-awaited international payment system to process cross-border yuan transactions is ready and may be launched as early as September or October, three sources with direct knowledge of the matter told Reuters.

Finance and Liberty interviews GATA Chairman Murphy

Section: Daily Dispatches

11:35p ET Monday, March 9, 2015

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy was interviewed today by Elijah Johnson of Finance and Liberty about the increasingly heavy-handed suppression of gold and silver prices on the New York Commodities Exchange. The interview is 17 minutes long and can be heard at You Tube here:

https://www.youtube.com/watch?v=CLcqMjS03_8

Euro may beat yen to fiat currency graveyard, Turk tells KWN

Section: Daily Dispatches

6:21p ET Monday, 9, 2015

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tells King World News today that gold is actually doing pretty well this year in terms other than those of the U.S. dollar and that the euro may beat the yen to the fiat currency graveyard. Turk's interview is excerpted at the KWN blog here:

Mike Kosares: Will the Shanghai fix fix the gold market?

Section: Daily Dispatches

5:50p ET Monday, March 9, 2015

Dear Friend of GATA and Gold:

China's new involvement in the London gold market and its opening of a physical gold exchange in Shanghai may be meant less to bust the Western paper gold racket than to facilitate the flow of Western gold to Asia that is already underway, USAGold proprietor Michael Kosares writes today.

Little about the markets makes sense anymore, Embry tells KWN

Section: Daily Dispatches

12:25p ET Monday, March 9, 2015

Dear Friend of GATA and Gold:

Markets don't make sense anymore, from counter-intuitive price movements to phony economic data, Sprott Asset Management's John Embry tells King World News today. Embry says he's sticking with gold and silver. An excerpt from the interview is posted at the KWN blog here:

Because of HFT, markets are more easily manipulated now, Chilton tells Martenson

Section: Daily Dispatches

11:14a ET Monday, March 9, 2015

Dear Friend of GATA and Gold:

Bart Chilton, the former member of the U.S. Commodity Futures Trading Commission who complained about commodity market manipulation, including manipulation of the monetary metals markets, is still complaining, this time in an interview with Peak Prosperity's Chris Martenson.

Pages