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Daily Dispatches

Russian companies prepare to pay for trade in renminbi

Section: Daily Dispatches

By Jack Farchy and Kathrin Hille
Financial Times, London
Sunday, June 8, 2014

http://www.ft.com/intl/cms/s/0/9f686816-ed51-11e3-abf3-00144feabdc0.html

Russian companies are preparing to switch contracts to renminbi and other Asian currencies amid fears that western sanctions may freeze them out of the US dollar market, according to two top bankers.

Despite rig by Barclays trader, Lassonde still thinks the London gold fix is just fine

Section: Daily Dispatches

Gold Fix Under Scrutiny as Regulators Probe Archaic System

By Rachel Younglai
The Globe and Mail, Toronto
Sunday, June 8, 2014

http://www.theglobeandmail.com/report-on-business/industry-news/energy-a...

The cozy little world of gold trading is getting less comfortable.

GATA consultant Speck interviewed about gold and silver price suppression

Section: Daily Dispatches

8:34 ET Saturday, June 7, 2014

Dear Friend of GATA and Gold:

Market analyst, statistician, author, and GATA consultant Dimitri Speck is interviewed about gold and silver price suppression by Claudio Grass, managing director of Global Gold AG in Rapperswil, Switzerland, in the June edition of the firm's newsletter:

Former Greek leader says nations mull new gold-linked SDR

Section: Daily Dispatches

5:25p ET Friday, June 6, 2014

Dear Friend of GATA and Gold:

Interviewed by King World News, London gold fund manager Ben Davies reports a conversation in which a former prime minister of Greece acknowledged that world leaders have seriously discussed creating a reserve currency combining the International Monetary Fund's "special drawing right" with gold:

Alasdair Macleod: Asian gold strategy clarifying

Section: Daily Dispatches

10a ET Friday, June 6, 2014

Dear Friend of GATA and Gold:

Gold is now plainly part of the Chinese and Russian plan for an Asian economic zone bigger than the Americas and European Union combined, GoldMoney's Alasdair Macleod writes today.

TF Metals Report: Expect more gold price suppression for short covering in June

Section: Daily Dispatches

11:50a ET Thursday, June 5, 2014

Dear Friend of GATA and Gold:

The TF Metals Report's Turd Ferguson forecasts more heavy price suppression by the gold cartel during June as it prepares to cover short positions in the futures markets:

http://www.tfmetalsreport.com/blog/5811/clarifying-picture-june

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.


ECB cuts rates below zero to buoy euro-zone economy

Section: Daily Dispatches

From Reuters
Thursday, June 5, 2014

FRANKFURT, Germany -- The European Central Bank cut interest rates to record lows on Thursday, imposing negative rates on its overnight depositors to cajole banks into lending more and to fight off the risk of Japan-like deflation.

ETF Securities enters race to provide silver price benchmark

Section: Daily Dispatches

By Xan Rice
Financial Times, London
Wednesday, June 4, 2014

http://www.ft.com/intl/cms/s/0/e8fdeabc-ebe6-11e3-8cef-00144feabdc0.html

One of the biggest providers of exchange traded funds has entered the race to develop a new global silver price benchmark when the 117-year-old London silver fix is disbanded in August.

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