Daily Dispatches

BIS is main mechanism for manipulating the gold market, Rickards says

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2:15p ET Tuesday, September 30, 2014

Dear Friend of GATA and Gold:

Interviewed by the Turkish financial journalist Erkan Oz at the Forex World conference in Istanbul last week, fund manager and author James G. Rickards remarked that central banks use the Bank for International Settlements for manipulating the gold market.

Koos Jansen: China aims to exceed U.S. in gold reserves

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1:37p ET Tuesday, September 30, 2014

Dear Friend of GATA and Gold:

The president of the China Gold Association, gold researcher and GATA consultant Koos Jansen discloses today, argues that China should accumulate gold reserves greater than those of the United States because gold is a strategic asset, money without counterparty risk.

Ned Naylor-Leyland: Journalist can and should publish his report on silver rigging

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By Ned Naylor-Leyland
Investment Director
Quilter Cheviot Investment Management
London, England, United Kingdom
Tuesday, September 30, 2014

Greenspan: Gold is the ultimate money and China well might want more

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Golden Rule: Why Beijing Is Buying

By Alan Greenspan
Foreign Affairs
Council on Foreign Relations, New York
Monday, September 29, 2014

http://www.foreignaffairs.com/articles/142114/alan-greenspan/golden-rule

Steve Lonegan: There are no free markets when markets don't set money's value

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There Ain't No Such Thing as a Free Market

By Steve Lonegan
MarketWatch.com
Wednesday, September 10, 2014

Well-meaning conservative and libertarian groups beat the drum for something called "free markets." Liberal groups blame these "free markets" for many of the world's evils.

Here's the harsh reality neither side will tell you. There ain't no such thing as a "free market."

Embry, Turk tell King World News about completely corrupted markets

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6p ET Monday, September 29, 2014

Dear Friend of GATA and Gold:

Geneva group's report predicts low interest rates forever

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Which is to say financial repression and gold price suppression by central banks forever.

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Geneva Report Warns Record Debt and Slow Growth Point to Crisis

By Chris Giles
Financial Times, London
Sunday, September 28, 2014

http://www.ft.com/intl/cms/s/0/4df99d28-4590-11e4-ab10-00144feabdc0.html

Rates on short-term Treasuries go negative

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Fed 'Repo' Tests Drive Scramble for Safety

By Michael Mackenzie and Tracy Alloway
Financial Times, London
Monday, September 29, 2014

NEW YORK -- Investors are scrambling for safe assets ahead of the end of the financial quarter, with the scrum for securities exacerbated by the Federal Reserve's testing of a key financing tool for an eventual tightening of policy.

Lloyds fires eight over rate manipulation claims

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By Martin Arnold
Financial Times, London
Monday, September 29, 2014

Lloyds Banking Group said it had dismissed eight people and recouped L3 million in bonuses after finding they had attempted to manipulate benchmark interest rates, as the long-running probe into rate-rigging continues to claim scalps.

Financial writer talks about hangup in publication of report on silver market rigging

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12:39p ET Monday, September 29, 2014

Dear Friend of GATA and Gold:

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