Daily Dispatches

2:04p ET Friday, November 15, 2013

Dear Friend of GATA and Gold:

Former U.S. Budget Director David Stockman today tells King World News that Federal Reserve chair nominee Janet Yellen's testimony to the Senate yesterday suggested that the Fed soon will be taking the world economy over a cliff. An excerpt from the interview is posted at the King World News blog here:

10:41p CT Thursday, November 14, 2013

Dear Friend of GATA and Gold:

Janet Yellen's nomination for chairman of the Federal Reserve Board should be defeated, the New York Sun editorializes, because of the opposition she expressed today in congressional testimony to a full public audit of the Federal Reserve.

ECB's Praet: All Options on Table

By Brian Blackstone
The Wall Street Journal
Wednesday, November 13, 2013

FRANKFURT, Germany -- The European Central Bank could adopt negative interest rates or purchase assets from banks if needed to lift inflation closer to its target, a top ECB official said, rebutting concerns that the central bank is running out of tools or is unwilling to use them.

As retiring Federal Reserve Chairman Ben Bernanke congratulates himself on his administration's supposed transparency, why is the Fed refusing to disclose its records about gold? And why are financial journalists just regurgitating the Fed's public-relations slop instead of demanding to see those records?:

http://www.gata.org/node/9917

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