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Daily Dispatches
New CFTC chief supports commodity speculation limits
Submitted by cpowell on Thu, 2014-03-06 19:53 Section: Daily DispatchesMassad Pledges Support for Commodity Speculation Limits
By Silla Brush
Bloomberg News
Thursday, March 6, 2014
London gold fix could use some transparency, Scotia CEO says
Submitted by cpowell on Thu, 2014-03-06 19:48 Section: Daily DispatchesScotiabank CEO Porter Says 'Dated' Gold Fix Needs Review
By Sarah Jacob
Bloomberg News
Thursday, March 6, 2014
http://www.bloomberg.com/news/2014-03-05/scotiabank-ceo-porter-says-date...
The Economist finally has to note complaints of gold price rigging
Submitted by cpowell on Thu, 2014-03-06 16:09 Section: Daily DispatchesWhen a GATA delegation visited an editor for The Economist at his office in London in May 2009 to give him the gold price suppression story and the associated documentation, he couldn't get rid of us fast enough. Maybe Deutsche Bank was having a party that night.
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In a Fix, Mr. Bond
New Concerns Surround the Way the World Gold Price Is Set
From The Economist, London
If you're sore about the London gold fixing, contact Berger & Montague
Submitted by cpowell on Thu, 2014-03-06 15:41 Section: Daily Dispatches3:38p ET Thursday, March 6, 2014
Dear Friend of GATA and Gold:
GATA's sometime lawyers, Berger & Montague in Philadelphia, a leading national antitrust law firm, are among those investigating complaints about the daily London gold price fixing, whose suppression of the gold price was documented by GATA's late board member Adrian Douglas in 2010:
Russia said to seek repeal of U.S. veto at IMF
Submitted by cpowell on Thu, 2014-03-06 15:13 Section: Daily DispatchesRussia Wants IMF to Move Ahead on Reforms Without U.S., Sources Say
By Anna Yukhananov and Lidia Kelly
Reuters
Thursday, March 6, 2014
Russian officials are pushing for the International Monetary Fund to move ahead with planned reforms without the United States, which could mean the loss of the U.S. veto over major decisions at the global lender, sources said.
No legitimate claim to $10 million California gold find, firm says
Submitted by cpowell on Wed, 2014-03-05 19:48 Section: Daily DispatchesBy Laila Kearney
Reuters
Wednesday, March 5, 2014
The currency firm representing a California couple who found $10 million worth of rare Gold Rush-era coins buried on their property says no valid claim to the collection has emerged, despite rumors that the stash was swiped in a 1901 heist.
Bernanke begins trading on Fed service, and maybe its secrets
Submitted by cpowell on Wed, 2014-03-05 15:56 Section: Daily DispatchesBernanke Enjoys 'Fruits of Free Market' with First Post-Fed Speech
By Jonathan Spicer and Mirna Sleiman
Reuters
Wednesday, March 5, 2014
Ben Bernanke earned more in 40 minutes on Tuesday than he made all of last year as head of the U.S. Federal Reserve.
Russia and China nudging the world away from dollar and toward gold, Stoferle says
Submitted by cpowell on Wed, 2014-03-05 15:05 Section: Daily Dispatches3p ET Wednesday, March 5, 2014
Dear Friend of GATA and Gold:
Writing today at King World News, Ronald-Peter Stoferle, market analyst for Incrementum AG in Liechtenstein, sees Russia and China nudging the world away from the dollar-based financial system and toward one based more on gold:
Koos Jansen interviews Goldbroker's Fabrice Drouin Ristori
Submitted by cpowell on Wed, 2014-03-05 14:55 Section: Daily Dispatches2:55p ET Wednesday, March 5, 2014
Dear Friend of GATA and Gold:
London gold broker says swings in prices no sign of manipulation
Submitted by cpowell on Wed, 2014-03-05 13:07 Section: Daily DispatchesBy Nicholas Larkin
Bloomberg News
Wednesday, March 5, 2014
The chief executive officer of Sharps Pixley Ltd., who has traded gold for 30 years, challenged a study that says the market's price-setting mechanism is susceptible to manipulation, compromising the $19.6 trillion of the precious metal that trades annually.
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