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Daily Dispatches
Hugo Salinas Price: Interest rate suppression pushes wages down and unemployment up
Submitted by cpowell on Thu, 2014-12-11 16:54 Section: Daily Dispatches10:53p CET Thursday, December 11, 2014
Dear Friend of GATA and Gold:
TF Metals Report: Comex institutes trading collars for precious metals
Submitted by cpowell on Thu, 2014-12-11 16:16 Section: Daily Dispatches10:15p CET Thursday, December 11, 2014
Dear Friend of GATA and Gold:
Yeah, sure, FT: 'Governor Mark Carney sweeps aside secrecy at Bank of England'
Submitted by cpowell on Thu, 2014-12-11 11:23 Section: Daily DispatchesOf course not for records of the bank's gold transactions and those of its "customers." What puffery!
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Governor Mark Carney Sweeps Aside Secrecy at Bank of England
By Chris Giles
Financial Times, London
Thursday, December 11, 2014
Zero Hedge: Deutsche, Barclays algos busted for FX rigging
Submitted by cpowell on Thu, 2014-12-11 08:24 Section: Daily DispatchesFrom ZeroHedge.com
Thursday, December 11, 2014
First it was humans. Now it is vacuum tubes.
Travelogue from London and Munich
Submitted by cpowell on Thu, 2014-12-11 05:56 Section: Daily Dispatches11:57a CET Thursday, December 11, 2014
Dear Friend of GATA and Gold:
As oil falls against gold, mining profitability will improve, Leeb tells KWN
Submitted by cpowell on Thu, 2014-12-11 04:59 Section: Daily Dispatches11a CET Thursday, December 11, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News that a steady-to-rising gold price against a collapsing oil price likely means greater profitability for gold mining companies. An excerpt from Leeb's interview is posted at the KWN blog here:
HSBC fires head of forex trading in London
Submitted by cpowell on Wed, 2014-12-10 07:42 Section: Daily DispatchesFrom Dow Jones Newswires
via The Australian, Sydney
Wednesday, December 10, 2014
HSBC Holdings Plc has dismissed Stuart Scott, its London-based head of currencies trading, in connection with the global investigations that have led to the bank paying $620 million in fines on both sides of the Atlantic, according to a person familiar with the matter.
So who's making the movie about central banking?
Submitted by cpowell on Wed, 2014-12-10 07:34 Section: Daily DispatchesInvestors Tapped to Fund Gold Fraud Film
By Ben Bland
Financial Times, London
Wednesday, December 10, 2014
JAKARTA, Indonesia -- Two of the world's toughest mining tycoons battle it out with a star geologist, a chancer, and a dictator's children for control of one of the world's largest gold discoveries in the heart of the Indonesian jungle, until it is exposed as a huge fraud.
Indian households said to spend 8% of daily consumption on gold jewellery and coins
Submitted by cpowell on Wed, 2014-12-10 07:27 Section: Daily DispatchesFrom The Times of India, Mumbai
Wednesday, December 10, 2014
KOLKATA, India -- An Indian household spends 8 percent of its daily consumption on gold jewellery and coins, which is only marginally behind medical expenses and education, according to a joint report by industry body Ficci and the World Gold Council.
Mexico vows to sell dollars to halt peso's slide
Submitted by cpowell on Wed, 2014-12-10 07:21 Section: Daily DispatchesBy E. Eduardo Castillo
Associated Press
via ABC News, New York
Tuesday, December 8, 2014
MEXICO CITY -- Mexico is ready to intervene in currency markets to fight the peso's fall against the dollar amid concerns over dropping oil prices and a possible increase in U.S. interest rates.
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