Daily Dispatches

China uses paper gold smashes to drain London market, Maguire says

Submitted by cpowell on Sat, 2013-11-02 11:42 Section: Daily Dispatches

8:35a PT Saturday, November 2, 2013

Dear Friend of GATA and Gold:

London metals trader Andrew Maguire tells King World News that the London gold market is in danger of default because of Chinese purchases of real metal when the Federal Reserve and its bullion bank agents smash the price of paper gold. An excerpt from the interview is posted at the King World News blog here:

Read more about China uses paper gold smashes to drain London market, Maguire says

GATA Chairman Murphy interviewed by Kitco News

Submitted by cpowell on Fri, 2013-11-01 15:49 Section: Daily Dispatches

6:44a AEST Saturday, November 2, 2013

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy has been interviewed by Daniela Cambone of Kitco News about CPM Group's Jeffrey Christian's attack on silver market rigging whistleblower Andrew Maguire. The interview is six minutes long and can be viewed at the Kitco Internet site here:

Read more about GATA Chairman Murphy interviewed by Kitco News

West distorts bullish Chinese gold news, Kaye tells KWN

Submitted by cpowell on Fri, 2013-11-01 15:03 Section: Daily Dispatches

6:03a AEST Saturday, November 2, 2013

Dear Friend of GATA and Gold:

Read more about West distorts bullish Chinese gold news, Kaye tells KWN

Barclays said to suspend chief FX dealer, two others amid probe

Submitted by cpowell on Fri, 2013-11-01 14:54 Section: Daily Dispatches

By Gavin Finch
Bloomberg News
Friday, November 1, 2013

LONDON -- Barclays Plc has suspended three currency traders, including a chief dealer in London, amid a probe into potential foreign-exchange manipulation, according to a person with knowledge of the decision.

Read more about Barclays said to suspend chief FX dealer, two others amid probe

Alasdair Macleod: Finland admits leasing its gold, and maybe it's in Asia now

Submitted by cpowell on Fri, 2013-11-01 09:17 Section: Daily Dispatches

12:10a AEST Saturday, November 2, 2013

Dear Friend of GATA and Gold:

Read more about Alasdair Macleod: Finland admits leasing its gold, and maybe it's in Asia now

As markets fall, central banks will undertake lots more QE, Grant Williams says

Submitted by cpowell on Fri, 2013-11-01 00:45 Section: Daily Dispatches

3:40p AEST Friday, November 1, 2013

Dear Friend of GATA and Gold:

Stock markets are terribly vulnerable as they rise on little volume, Singapore fund manager Grant Williams tells King World News today, and as they fall, central banks will undertake lots more "quantitative easing." An excerpt from the interview is posted at the King World News blog here:

Read more about As markets fall, central banks will undertake lots more QE, Grant Williams says

Barrick to issue $3.5 billion in shares, suspend work at Pascua-Lama

Submitted by cpowell on Fri, 2013-11-01 00:36 Section: Daily Dispatches

By Liezel Hill and Steven Frank
Bloomberg News
Friday, November 1, 2013

TORONTO -- Barrick Gold Corp., the world's largest producer of the metal, plans to sell shares to raise as much as $3.45 billion to help reduce its debt, which has increased this year as the price of the commodity declined.

Read more about Barrick to issue $3.5 billion in shares, suspend work at Pascua-Lama

GATA Chairman Murphy interviewed at Silver Summit

Submitted by cpowell on Thu, 2013-10-31 23:36 Section: Daily Dispatches

2:35p AEST Friday, November 1, 2013

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy was interviewed about gold and silver market manipulation last week at the Silver Summit in Spokane, Washington, by Cambridge House Live's Vanessa Collette. The interview is 13 minutes long and is posted at YouTube here:

http://www.youtube.com/watch?v=c0YE3JEbPf8