Daily Dispatches

Bearishness, naked shorts at extremes again in gold, Maguire says

Submitted by cpowell on Fri, 2013-11-22 12:50 Section: Daily Dispatches

12:50p ET Friday, November 22, 2013

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News that extremes in bearishness and naked short positions have been reached again in the gold market, prompting him to expect an imminent reversal in the price. An excerpt from the interview is posted at the King World News blog here:

Read more about Bearishness, naked shorts at extremes again in gold, Maguire says

Alasdair Macleod: Paper sellers still in charge of gold market

Submitted by cpowell on Fri, 2013-11-22 11:37 Section: Daily Dispatches

11:40a ET Friday, November 22, 2013

Dear Friend of GATA and Gold:

GoldMoney research director Alasdair Macleod notes today that "paper sellers remain in charge" in the gold market and that market sentiment for gold could hardly be worse, just as it was in 1999 when the great bear squeeze developed:

Read more about Alasdair Macleod: Paper sellers still in charge of gold market

GoldCore's O'Byrne notes continuing signs of gold market manipulation

Submitted by cpowell on Fri, 2013-11-22 10:58 Section: Daily Dispatches

10:55a ET Friday, November 22, 2013

Dear Friend of GATA and Gold:

Mark O'Byrne's daily market commentary at GoldCore yesterday noted that "the peculiar trading action" in gold "suggests that certain banks may be manipulating the gold price in the same way that they rigged LIBOR and are alleged to have rigged foreign exchange markets." It's posted at GoldCore here:

Read more about GoldCore's O'Byrne notes continuing signs of gold market manipulation

Mining shares are so depressed that value is starting to be seen, Rule tells KWN

Submitted by cpowell on Thu, 2013-11-21 22:13 Section: Daily Dispatches

10:11p ET Thursday, November 21, 2103

Dear Friend of GATA and Gold:

Read more about Mining shares are so depressed that value is starting to be seen, Rule tells KWN

Could bad data be depressing the gold price?

Submitted by cpowell on Thu, 2013-11-21 16:09 Section: Daily Dispatches

4:08p ET Thursday, November 21, 2013

Dear Friend of GATA and Gold:

Read more about Could bad data be depressing the gold price?

Sinclair interviewed on bail-ins, gold market rigging, and a lot more

Submitted by cpowell on Thu, 2013-11-21 14:21 Section: Daily Dispatches

2:20p ET Thursday, November 21, 2013

Dear Friend of GATA and Gold:

Sprott Money News' Nathan McDonald has done an excellent and wide-ranging interview with gold advocate and mining entrepreneur Jim Sinclair, covering the probability of the expropriation of depositors at insolvent banks, the chance of hyperinflation, and gold market manipulation. About the latter, Sinclair says:

Read more about Sinclair interviewed on bail-ins, gold market rigging, and a lot more

Kaye tells KWN about another move by China away from dollars

Submitted by cpowell on Thu, 2013-11-21 13:44 Section: Daily Dispatches

1:45p ET Thursday, November 21, 2013

Dear Friend of GATA and Gold:

Read more about Kaye tells KWN about another move by China away from dollars

Something is wrong with the gold market, Leeb tells King World News

Submitted by cpowell on Wed, 2013-11-20 18:10 Section: Daily Dispatches

6:10p ET Wednesday, November 20, 2103

Dear Friend of GATA and Gold:

If there's any consolation from the repeated poundings gold has been taking lately, maybe it's that more financial market professionals are recognizing it as central bank intervention and that the central banks have become so desperate that they no longer care much about getting caught.