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Daily Dispatches
Reserve Bank of India apparently plans to start leasing its gold
Submitted by cpowell on Wed, 2014-07-02 14:52 Section: Daily DispatchesThe idea is said to be intended in part to relieve a gold shortage in India but looks like it would relieve a shortage in London too.
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RBI Plans to Swap Old Gold in Nagpur Vault with Purer Variety
By Sugata Ghosh
The Economic Times, Mumbai
Wednesday, July 2, 2014
UK regulator sees 'no clear evidence' of gold market rigging by investment banks
Submitted by cpowell on Wed, 2014-07-02 14:33 Section: Daily DispatchesBy James Titcomb
The Telegraph, London
Wednesday, July 2, 2014
http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10941897...
The City regulator has "no clear evidence" that banks are rigging the price of gold, although the process to set it is open to abuse, an official at the watchdog has said.
Koos Jansen: Dutch bank ABN AMRO didn't default on its gold obligations
Submitted by cpowell on Wed, 2014-07-02 08:33 Section: Daily Dispatches8:30a ET Wednesday, July 2, 2014
Dear Friend of GATA and Gold:
Grant Williams' video outlines the new 'Goldfinger' plot
Submitted by cpowell on Tue, 2014-07-01 23:16 Section: Daily Dispatches11:15p ET Tuesday, July 1, 2014
Dear Friend of GATA and Gold:
Gold and silver will respond eventually to unpayable debt, Embry tells KWN
Submitted by cpowell on Tue, 2014-07-01 16:48 Section: Daily Dispatches4:45p ET Tuesday, July 1, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News today that unpayable debt can't be ignored or wished away and that the monetary metals will respond it eventually. Embry's interview is excerpted at the KWN blog here:
India might solve its gold 'problem' by remonetizing the metal
Submitted by cpowell on Tue, 2014-07-01 16:37 Section: Daily Dispatches4:31p ET Tuesday, July 1, 2014
Dear Friend of GATA and Gold:
MineWeb's Shivom Seth reports from Mumbai that India's government may be starting to figure out a solution to what it supposes to be the country's gold problem -- that is, to recognize gold as money again. The idea, so far, would be to allow gold held by banks to count toward cash and liquidity reserve requirements.
Gold market manipulation injected uncomfortably into BNN interview
Submitted by cpowell on Tue, 2014-07-01 10:24 Section: Daily Dispatches10:40a ET Tuesday, July 1, 2014
Dear Friend of GATA and Gold:
A market analyst for ScotiaMcLeod in Toronto, Jaime Carrasco, injected gold market manipulation into his interview on the "Market Call Tonight" program Friday on Business News Network in Canada.
Turk sees good chance of short squeeze in gold; Ing reports buy signal
Submitted by cpowell on Mon, 2014-06-30 21:58 Section: Daily Dispatches10p ET Monday, June 30, 2014
Dear Friend of GATA and Gold:
Bank of England gets pretty intimate with the London Bullion Market Association
Submitted by cpowell on Mon, 2014-06-30 16:01 Section: Daily Dispatches4:14p ET Monday, June 30, 2014
Dear Friend of GATA and Gold:
GATA's friend and consultant R.M. calls attention to some documents demonstrating that the Bank of England's involvement with the gold market may be even more intimate than generally understood.
Koos Jansen: Chinese gold demand remains robust and in an uptrend
Submitted by cpowell on Mon, 2014-06-30 12:08 Section: Daily Dispatches12:05p ET Monday, June 30, 2014
Dear Friend of GATA and Gold:
Analyzing the most recent weekly offtake data from the Shanghai Gold Exchange, gold researcher and GATA consultant Koos Jansen concludes that Chinese gold demand remains "robust" and generally in a long-term uptrend. Jansen's analysis is posted at his Internet site, In Gold We Trust, here: