Daily Dispatches

Zero Hedge: How gold performs during FOMC weeks

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4:07a HKT Friday, March 21, 2014

Dear Friend of GATA and Gold:

European central banks may drop gold sales limits since they're not selling anyway

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European Central Banks May End Restrictions on Gold Sales

By Hans Bentzien
The Wall Street Journal
Thursday, March 20, 2014

FRANKFURT, Germany -- European central banks may end a 15-year-old restriction on sales of their gold holdings this year, a top German central banker said.

Reuters: Chatroom evidence challenges Bank of England's story in FX probe

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By Jamie McGeever
Reuters
Thursday, March 20, 2014

LONDON -- British regulators are examining evidence relating to a 2012 meeting of currency dealers and Bank of England officials that potentially challenges the central bank's assertion it had not condoned sharing details of client orders.

The practice of sharing details about such orders is at the center of a global rigging probe.

India allows more banks to import gold in easing of curbs

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By Siddesh Mayenkar and Neha Dasgupta
Reuters
Wednesday, March 18, 2014

MUMBAI -- India has allowed five domestic private-sector banks to import gold, in what industry officials say could be a significant step toward easing of tough curbs on the metal imposed last year to cut the country's trade deficit.

Metals market's next phase is for stock pickers, Sprott's Rule tells KWN

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10:38p ET Tuesday, March 18, 2014

Dear Friend of GATA and Gold:

Metals prices lately have been rising not because of great demand but because of constrained supply, Sprott Asset Management's Rick Rule tells King World News today. The next phase of the metals market will be one for stock pickers, Rule adds. His interview is excerpted at the King World News blog here:

Zero Hedge: U.S. government just makes up the debt holders report on the fly

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3:26p ET Tuesday, March 18, 2014

Dear Friend of GATA and Gold:

New York attorney general to investigate high-frequency trading

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High-Speed Trading Faces New York Probe into Fairness

By Keri Geiger and Sam Mamudi
Bloomberg News
Tuesday, March 18, 2014

NEW YORK -- New York's top law enforcer has opened a broad investigation into whether U.S. stock exchanges and alternative venues provide high-frequency traders with improper advantages.

Under new scrutiny, gold manipulators changing tactics, Sprott says

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12:58p ET Tuesday, March 18, 2014

Dear Friend of GATA and Gold:

On RT's 'Boom/Bust,' fund manager Tice endorses GATA's work

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10:23a ET Tuesday, March 18, 2014

Dear Friend of GATA and Gold:

Interviewed today by Erin Ade on Russia Today's "Boom/Bust" program, fund manager David Tice said he believes in GATA's work and that the gold price is suppressed by central banks to deceive the markets. Tice's comments about gold begin at the 10-minute mark of the program as archived at the RT Internet site here:

Russia planned bear raid on Wall Street, former treasury secretary tells BBC

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By Robert Preston
British Broadcasting Corp., London
Monday, March 17, 2014

http://www.bbc.com/news/business-26609548

There is a cynicism in the relationship between Russia and the United States, being played out in the Crimean crisis, which is deep, rooted in history, and shows that the triumph of capitalism over communism wasn't the end of the power game between these two nations.

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