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All they had to do was monetize the gold from their own mines
Submitted by cpowell on Thu, 2015-06-11 14:24 Section: Daily DispatchesAnother rich country insisting on being poor.
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Zimbabwe to Phase Out Worthless Local Dollar
From Agence France-Presse
via Raidio Teilifis Eireann, Dublin
Thursday, June 11, 2015
http://www.rte.ie/news/business/2015/0611/707434-zimbabwe-dollar/
Alasdair Macleod: The fallacies of GDP
Submitted by cpowell on Thu, 2015-06-11 14:10 Section: Daily Dispatches2:09p ET Thursday, June 11, 2015
Dear Friend of GATA and Gold:
GoldMoney's head of research, Alasdair Macleod, today explains why gross domestic product, a statistic worshipped by some economists, is misleading and does only harm.
Real Vision has great interview with Andrew Maguire about gold suppression
Submitted by cpowell on Thu, 2015-06-11 13:58 Section: Daily Dispatches1:58p ET Thursday, June 11, 2015
Dear Friend of GATA and Gold:
Singapore-based fund manager Grant Williams has just done an outstanding and detailed interview with London metals trader Andrew Maguire in the Real Vision series of in-depth interviews with leading figures in the financial markets.
Among the topics discussed by Maguire and Williams:
Justice Department looks for rigging in Treasuries, gold, silver, oil
Submitted by cpowell on Wed, 2015-06-10 22:18 Section: Daily DispatchesTreasuries Collusion Said to Be Hunted in New Wave of Probes
By Keri Geiger and Matthew Leising
Bloomberg News
Wednesday, June 10, 2015
Kranzler concurs with Goodman on Fed's rescue of Comex gold contract
Submitted by cpowell on Wed, 2015-06-10 12:42 Section: Daily Dispatches12:42p ET Wednesday, June 10, 2015
Dear Friend of GATA and Gold:
Dave Kranzler of Investment Research Dynamics today concurs completely with Avery Goodman's analysis, published last night --
http://www.gata.org/node/15441
-- concluding that intervention by the Federal Reserve rescued the Comex gold contract from a default last month.
Koos Jansen and Miriam Campanella: The redeployment of Asia's FX reserves
Submitted by cpowell on Tue, 2015-06-09 21:27 Section: Daily Dispatches9:27p ET Tuesday, June 9, 2015
Dear Friend of GATA and Gold:
The redeploying of Asia's foreign exchange reserves, Koos Jansen and Miriam Campanella write today, is likely to give a boost not just to the infrastructure of the developing world but also to gold's monetary role. Their commentary, "The Redeployment of Asia's Forex Reserves," is posted at Bullion Star here:
TF Metals Report: The 'war on cash'
Submitted by cpowell on Tue, 2015-06-09 13:19 Section: Daily Dispatches1:20p ET Tuesday, June 9, 2015
Dear Friend of GATA and Gold:
Dave Kranzler: A derivatives bomb exploded within the last two weeks
Submitted by cpowell on Tue, 2015-06-09 10:12 Section: Daily Dispatches10:14a ET Tuesday, June 9, 2015
Dear Friend of GATA and Gold:
Yesterday GoldMoney founder and GATA consultant James Turk, interviewed by King World News, warned of a financial collapse caused by a disastrous problem with derivatives:
Derivatives crash threatens financial system, Turk tells KWN
Submitted by cpowell on Mon, 2015-06-08 19:33 Section: Daily Dispatches7:32p ET Monday, July 8, 2015
Dear Friend of GATA and Gold:
The global monetary phenomenon that almost no one is seriously discussing
Submitted by cpowell on Mon, 2015-06-08 16:52 Section: Daily Dispatches4:51p ET Monday, June 8, 2015
Dear Friend of GATA and Gold: