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Daily Dispatches
John Embry, William Kaye interviewed at KWN
Submitted by cpowell on Tue, 2014-05-27 15:37 Section: Daily Dispatches3:36p ET Tuesday, May 27, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News about today's options expiration smash in gold and silver. "The backdrop for gold is incredibly bullish," Embry says, "and yet, because there is an options expiry today, the price of gold gets hammered." Embry's comments are posted at the KWN blog here:
Koos Jansen: International board adds strength to Shanghai Gold Exchange
Submitted by cpowell on Tue, 2014-05-27 10:51 Section: Daily Dispatches10:47a ET Tuesday, May 27, 2014
Dear Friend of GATA and Gold:
Vietnam central bank admits intervening in gold market to support its currency
Submitted by cpowell on Tue, 2014-05-27 00:55 Section: Daily DispatchesOnly in a nominally communist country does a central bank tell the truth.
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Vietnam Central Bank Vows to Intervene in Gold Market to Maintain Stability
From Tuoi Tre (newspaper)
Ho Chi Minh City, Vietnam
Monday, May 26, 2014
http://tuoitrenews.vn/business/19888/cbank-vows-to-intervene-in-gold-mar...
Former ECB board member calls world financial system 'pure fiction'
Submitted by cpowell on Mon, 2014-05-26 21:30 Section: Daily Dispatches9:29p ET Monday, May 26, 2014
Dear Friend of GATA and Gold:
Koos Jansen: Chinese commodity financing deals in gold are greatly exaggerated
Submitted by cpowell on Mon, 2014-05-26 21:07 Section: Daily Dispatches9:05p ET Monday, May 26, 2014
Dear Friend of GATA and Gold:
With London fix under fire, China seeks bigger sway in gold trade
Submitted by cpowell on Mon, 2014-05-26 21:00 Section: Daily DispatchesBy A. Ananthalakshmi
Reuters
Tuesday, May 27, 2014
SINGAPORE -- China has approached foreign banks and gold producers to participate in a global gold exchange in Shanghai, people familiar with the matter said, as the world's top producer and importer of the metal seeks greater influence over pricing.
J.S. Kim urges letter-writing campaign against gold price suppression
Submitted by cpowell on Mon, 2014-05-26 09:04 Section: Daily Dispatches9a ET Monday, May 26, 2014
Dear Friend of GATA and Gold:
Citing the work of market analyst, author, and GATA consultant Dimitri Speck, financial letter writer J.S. Kim has undertaken a letter-writing campaign to protest gold price suppression. Kim explains it at his Internet site here:
Austria plans to audit its gold at Bank of England
Submitted by cpowell on Mon, 2014-05-26 08:57 Section: Daily Dispatches8:54a ET Monday, May 26, 2014
Dear Friend of GATA and Gold:
Quoting the Austrian financial magazine Trend, the German financial news Internet site Goldreporter says Austria's government accountability office plans to send a delegation to the Bank of England in London to audit the estimated 150 tonnes of gold vaulted by Austria there:
Alasdair Macleod: Money and growth
Submitted by cpowell on Sun, 2014-05-25 21:10 Section: Daily Dispatches9p ET Sunday, May 25, 2014
Dear Friend of GATA and Gold:
Currency devaluation does not enrich any economy but only impairs progress, GoldMoney research director Alasdair Macleod writes today, since price increases do not really signify growth. Macleod's commentary is headlined "Money and Growth" and it's posted at GoldMoney's Internet site here:
Koos Jansen: China gold demand falls in Q2; Shanghai, Hong Kong exchanges affiliating
Submitted by cpowell on Sun, 2014-05-25 12:26 Section: Daily Dispatches12:20p ET Sunday, May 25, 2014
Dear Friend of GATA and Gold: