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Daily Dispatches
Tumbling Chinese yuan sets off 'carry trade' rout, triggers derivatives contracts
Submitted by cpowell on Thu, 2014-03-20 22:07 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, March 20, 2014
China's yuan has suffered its biggest one-week fall in 20 years, nearing key trigger levels that threaten a wave of forced selling and mounting stress for those with dollar debts.
China gold market researcher Koos Jansen interviewed by GoldSwitzerland
Submitted by cpowell on Thu, 2014-03-20 16:16 Section: Daily Dispatches4:09a HKT Friday, March 21, 2014
Dear Friend of GATA and Gold:
Zero Hedge: How gold performs during FOMC weeks
Submitted by cpowell on Thu, 2014-03-20 16:07 Section: Daily Dispatches4:07a HKT Friday, March 21, 2014
Dear Friend of GATA and Gold:
European central banks may drop gold sales limits since they're not selling anyway
Submitted by cpowell on Thu, 2014-03-20 15:56 Section: Daily DispatchesEuropean Central Banks May End Restrictions on Gold Sales
By Hans Bentzien
The Wall Street Journal
Thursday, March 20, 2014
FRANKFURT, Germany -- European central banks may end a 15-year-old restriction on sales of their gold holdings this year, a top German central banker said.
Reuters: Chatroom evidence challenges Bank of England's story in FX probe
Submitted by cpowell on Thu, 2014-03-20 02:36 Section: Daily DispatchesBy Jamie McGeever
Reuters
Thursday, March 20, 2014
LONDON -- British regulators are examining evidence relating to a 2012 meeting of currency dealers and Bank of England officials that potentially challenges the central bank's assertion it had not condoned sharing details of client orders.
The practice of sharing details about such orders is at the center of a global rigging probe.
India allows more banks to import gold in easing of curbs
Submitted by cpowell on Wed, 2014-03-19 20:44 Section: Daily DispatchesBy Siddesh Mayenkar and Neha Dasgupta
Reuters
Wednesday, March 18, 2014
MUMBAI -- India has allowed five domestic private-sector banks to import gold, in what industry officials say could be a significant step toward easing of tough curbs on the metal imposed last year to cut the country's trade deficit.
Metals market's next phase is for stock pickers, Sprott's Rule tells KWN
Submitted by cpowell on Tue, 2014-03-18 22:37 Section: Daily Dispatches10:38p ET Tuesday, March 18, 2014
Dear Friend of GATA and Gold:
Metals prices lately have been rising not because of great demand but because of constrained supply, Sprott Asset Management's Rick Rule tells King World News today. The next phase of the metals market will be one for stock pickers, Rule adds. His interview is excerpted at the King World News blog here:
Zero Hedge: U.S. government just makes up the debt holders report on the fly
Submitted by cpowell on Tue, 2014-03-18 15:27 Section: Daily Dispatches3:26p ET Tuesday, March 18, 2014
Dear Friend of GATA and Gold:
New York attorney general to investigate high-frequency trading
Submitted by cpowell on Tue, 2014-03-18 13:28 Section: Daily DispatchesHigh-Speed Trading Faces New York Probe into Fairness
By Keri Geiger and Sam Mamudi
Bloomberg News
Tuesday, March 18, 2014
NEW YORK -- New York's top law enforcer has opened a broad investigation into whether U.S. stock exchanges and alternative venues provide high-frequency traders with improper advantages.
Under new scrutiny, gold manipulators changing tactics, Sprott says
Submitted by cpowell on Tue, 2014-03-18 12:58 Section: Daily Dispatches12:58p ET Tuesday, March 18, 2014
Dear Friend of GATA and Gold: