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Daily Dispatches
Andrew Huszar: Confessions of a quantitative easer
Submitted by cpowell on Tue, 2013-11-12 11:48 Section: Daily DispatchesWe went on a bond-buying spree that was supposed to help Main Street.
Instead it was a feast for Wall Street.
By Andrew Huszar
The Wall Street Journal
Tuesday, November 12, 2013
Prospect of a deal on Volcker rule worries banks
Submitted by cpowell on Mon, 2013-11-11 16:11 Section: Daily DispatchesBy Tom Braithwaite and Gina Chon
Financial Times, London
Monday, November 11, 2013
http://www.ft.com/intl/cms/s/0/4b5ef106-4a1b-11e3-9a21-00144feabdc0.html
In January it will be four years since President Barack Obama vowed to stop banks trading for their own account.
At KWN, Embry and Roberts on falsification of U.S. economic data
Submitted by cpowell on Mon, 2013-11-11 15:53 Section: Daily Dispatches2:49p CT Monday, November 11, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry today tells King World News that U.S. economic data is being falsified, gold price suppression by central banks is intensifying, and central banks are blowing bubbles throughout their economies. An excerpt from the interview is posted at the King World News blog here:
TF Metals Report: Sick of the lies and the liars
Submitted by cpowell on Mon, 2013-11-11 12:39 Section: Daily Dispatches11:43a CT Monday, November 11, 2013
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson declares today that he's sick of the lies and the liars who congregate around the gold world trying to disparage the monetary metal's historic functions.
74% want public audit of Federal Reserve
Submitted by cpowell on Mon, 2013-11-11 11:59 Section: Daily DispatchesFrom Rasmussen Reports
Asbury Park, New Jersey
Friday, November 8, 2013
http://www.rasmussenreports.com/public_content/business/general_business...
Americans still overwhelmingly favor a public audit of the Federal Reserve, perhaps in part because a sizable number think the Fed chairman has too much power over the economy.
Roberts speculates on a scenario defeating monetary metals price suppression
Submitted by cpowell on Mon, 2013-11-11 09:35 Section: Daily Dispatches8:26a CT Monday, November 11, 2013
Dear Friend of GATA and Gold:
Former Assistant Treasury Secretary Paul Craig Roberts, interviewed by King World News, speculates on a scenario in which the U.S. government's long suppression of monetary metals prices might be defeated by developments. An excerpt from the interview is posted at the King World News blog here:
Huge gold vault opens in Shanghai as bullion goes from West to East
Submitted by cpowell on Mon, 2013-11-11 09:24 Section: Daily DispatchesBy Chanyaporn Chanjaroen and Stephen Engle
Bloomberg News
Monday, November 11, 2013
A gold vault that can store 2,000 metric tons, double China's projected consumption this year, opened in Shanghai this month as owner Malca-Amit Global Ltd. seeks to benefit from rising demand in Asia’s largest economy.
Race to bottom resumes as central bankers ease anew
Submitted by cpowell on Mon, 2013-11-11 09:19 Section: Daily DispatchesBy Emma Charlton and John Detrixhe
Bloomberg News
Monday, November 11, 2013
The global currency wars are heating up again as central banks embark on a new round of easing to combat a slowdown in growth.
Regulators urged to probe metals markets abuse
Submitted by cpowell on Sun, 2013-11-10 17:27 Section: Daily DispatchesIf they were serious, they could start with their own central bank, the Bank of England.
* * *
By Patrick Jenkins and Jack Farchy
Financial Times, London
Sunday, November 10, 2013
http://www.ft.com/intl/cms/s/0/c8c50b88-48a1-11e3-a3ef-00144feabdc0.html
Grandich becomes market analyst for Money Talks
Submitted by cpowell on Sun, 2013-11-10 01:05 Section: Daily Dispatches12::01a CT Sunday, November 10, 2013
Dear Friend of GATA and Gold:
GATA's longtime friend and supporter Peter Grandich has become senior market commentator for Michael Campbell's Money Talks Internet site and has posted his first commentary there, "Beware the Santa Claus Rally":
http://moneytalks.net/peters-content/10591-beware-the-santa-claus-rally....
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