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Daily Dispatches
Koos Jansen: Abandoning gold standard enriched financial class
Submitted by cpowell on Fri, 2014-03-14 18:56 Section: Daily Dispatches6:55p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Sprott may join manipulation suit; von G says asset gains in dollars are illusory
Submitted by cpowell on Fri, 2014-03-14 16:33 Section: Daily Dispatches4:30p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management CEO Eric Sprott today tells King World News that the increasingly public complaints about gold market manipulation have begun to liberate the gold price and he is considering becoming part of a class-action lawsuit against the banks that have been accused of manipulation:
UBS discloses it is reviewing its precious metals business
Submitted by cpowell on Fri, 2014-03-14 16:08 Section: Daily DispatchesBy Chad Gray and Neil Gough
The New York Times
Friday, March 14, 2014
LONDON -- The Swiss bank UBS said on Friday that it was conducting an internal review of its precious metals business amid expanding regulatory investigations into potential manipulation of interest rates and the price of commodities and currencies.
Beyond irony: U.S. sues banks for suppressing interest rates
Submitted by cpowell on Fri, 2014-03-14 16:04 Section: Daily DispatchesU.S. Regulator Sues 16 Banks for Rigging Key Interest Rate
By Nate Raymond
Reuters
Friday, March 14, 2014
NEW YORK -- The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of colluding to suppress interest rates.
Bundesbank's president says it aims to hasten gold repatriation
Submitted by cpowell on Fri, 2014-03-14 11:21 Section: Daily DispatchesBundesbank President Attacks Angela Merkel's Policies
By Claire Jones
Financial Times, London
Thursday, March 13, 2014
FRANKFURT, Germany -- The head of Germany's Bundesbank has attacked Chancellor Angela Merkel's reform agenda, warning that changes to the labour market and the coalition’s softer tone on the country’s trade surplus risk weakening the eurozone's economic powerhouse.
Currency war is intensifying and will be highly inflationary, Ing tells KWN
Submitted by cpowell on Thu, 2014-03-13 15:07 Section: Daily Dispatches3p ET Thursday, March 13, 2014
Dear Friend of GATA and Gold:
Canadian fund manager John Ing tells King World News today that the worldwide currency war is intensifying and will become highly inflationary. Meanwhile, he says, Chinese interests keep adding gold mining companies to their shopping list. An excerpt from the interview is posted at the King World News blog here:
McEwen acknowledges central bank intervention against gold, cites GATA
Submitted by cpowell on Wed, 2014-03-12 22:38 Section: Daily Dispatches10:40p ET Wednesday, March 12, 2014
Dear Friend of GATA and Gold:
GATA got a compliment yesterday from Goldcorp founder Rob McEwen, now CEO of McEwen Mining --
-- who seems to have become the first major mining executive to speak candidly about and to acknowledge central bank intervention against the price of gold.
West playing dangerous and provocative game in Ukraine, Stockman says
Submitted by cpowell on Wed, 2014-03-12 16:22 Section: Daily Dispatches4:20p ET Wednesday, March 12, 2014
Dear Friend of GATA and Gold:
Former U.S. Budget Director David Stockman today tells King World News that the West is playing a dangerous and provocative game with Ukraine and Russia with implications for gold:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/12_St...
The case for gold right now
Submitted by cpowell on Wed, 2014-03-12 16:18 Section: Daily Dispatches4:15p ET Wednesday, March 12, 2014
Dear Friend of GATA and Gold:
The Internet site of Centennial Precious Metals in Denver, USAGold.com, today publishes "The Case for Gold Right Now," complete with self-updating charts showing that the problems of the financial system since the crisis of 2008 have not been fixed and that gold remains almost insanely cheap:
Swiss financial newspaper notes gold market manipulation issue
Submitted by cpowell on Wed, 2014-03-12 16:07 Section: Daily Dispatches4p ET Wednesday, March 12, 2014
Dear Friend of GATA and Gold: