Daily Dispatches

U.K. hastens negotiations for currency-rigging settlement

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By Lindsay Fortado, Suzi Ring, and Gavin Finch
Bloomberg News
Wednesday, July 23, 2014

http://www.bloomberg.com/news/2014-07-23/u-k-fca-said-to-near-fx-rigging...

Pento sees QE cycle repeating; Rule finds resource prices surprisingly strong

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2:15p ET Wednesday, July 23, 2014

Dear Friend of GATA and Gold:

Fund manager Michael Pento predicts to King World News that when the Federal Reserve stops "quantitative easing," there will be a crash in asset prices and then the Fed will start up QE all over again:

The revolving door in U.S. government regulation has never spun faster

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U.S. Swaps Regulator O'Malia to Head Bank Lobby Group

By Douwe Miedema and Michelle Price
Reuters
Wednesday, July 23, 2014

A member of the U.S. Commodity Futures Trading Commission will become the new head of a bank lobby group that is fighting the derivatives regulator in court over a crucial new rule curtailing Wall Street.

Gene Arensberg: The gold trade seems to see little downside risk

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10:40p ET Tuesday, July 22, 2014

Dear Friend of GATA and Gold:

The Got Gold Report's Gene Arensberg tonight looks again at trader positions in gold futures and concludes that "the gold trade," the people who do the biggest business in gold, "are currently positioned as though they do not believe that gold has any significant downside."

Jeremy Warner: Have central banks been breaking the law?

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By Jeremy Warner
The Telegraph, London
Monday, July 21, 2014

http://www.telegraph.co.uk/finance/comment/jeremy-warner/10981011/Have-c...

The best way to destroy the capitalist system, the Russian revolutionary leader Vladimir Lenin is reputed to have said, is to debauch the currency.

Petropavlovsk's Hambro 'horrified' by gold market rigging; he should buy a GATA T-shirt

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Hambro 'Horrified' by Tampering of London Gold Fix

By Thomas Biesheuvel
Bloomberg News
Tuesday, July 22, 2014

http://www.bloomberg.com/news/2014-07-22/hambro-horrified-by-tampering-o...

LONDON -- Peter Hambro, chairman of gold producer Petropavlovsk Plc, said he was "horrified" by the manipulation of the London fix given its importance to the industry.

New gold miner ETF avoids primary investment in Barrick

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11:24p Monday, July 21, 2014

Dear Friend of GATA and Gold:

Looks like you can now buy a gold-mining stock exchange-traded fund without putting the biggest part of your money in Barrick Gold, the biggest gold hedger and enabler of gold price suppression, the company that 11 years ago, by virtue of its enormous hedging, claimed to be the agent of central banks in the gold market:

Liam Halligan: The dollar's 70-year dominance is coming to an end

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By Liam Halligan
The Telegraph, London
Friday, July 19, 2014

http://www.telegraph.co.uk/finance/comment/liamhalligan/10978178/The-dol...

Turk notes weakening 'flash crashes'; Embry knocks Yellen's disinformation

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5:57p ET Monday, July 21, 2014

Dear Friend of GATA and Gold:

Koos Jansen: Chinese wholesale gold demand year to date is nearly 1,000 tonnes

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3:30p Sunday, July 20, 2014

Dear Friend of GATA and Gold:

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