Daily Dispatches

Lassonde reconsiders, admits BIS may be manipulating gold market

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7p ET Wednesday, November 5, 2014

Dear Friend of GATA and Gold:

Mining entrepreneur and former World Gold Council Chairman Pierre Lassonde, who lately has been saying that central banks don't even think about gold --

http://www.gata.org/node/13683

http://www.gata.org/node/13105

Dallas Fed president warns Republicans against making central bank account for itself

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Fed's Fisher Tells Congress: Don't Mess with Central Bank

By Matthew Boesler and Michael McKee
Bloomberg News
Wednesday, November 5, 2014

NEW YORK -- Senate Republicans should resist the temptation to erode Federal Reserve independence after victory in mid-term elections, Dallas Fed President Richard Fisher said.

Gold, silver in backwardation as a result of BIS paper dumping, Kaye tells KWN

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4:35p ET Wednesday, November 5, 2014

Dear Friend of GATA and Gold:

Koos Jansen: The mainstream media vs. gold

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4:30p ET Wednesday, November 5, 2014

Dear Friend of GATA and Gold:

Bullion Star market analyst and GATA consultant Koos Jansen today details some of the disinformation distributed by mainstream financial news organization to discourage investment interest in gold. Jansen's commentary is headlined "The Mainstream Media vs. Gold" and it's posted at Bullion Star's Internet site here:

U.S. Mint temporarily sold out of silver eagles amid huge demand

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By Frank Tang
Reuters
Wednesday, November 5, 2014

The U.S. Mint said on Wednesday it has temporarily sold out of its American Eagle silver bullion coins following "tremendous" demand in the past several weeks.

Price tumble prompts scramble for silver coins and bars

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Silver Lining in Precious Metals' Rout Catches Out Coin Mints

By A. Anathalakshmi
Reuters
Wednesday, November 5, 2014

A tumble in silver prices to four-year lows has triggered a global scramble by consumers to purchase silver coins and bars as the metal has reached its cheapest level relative to gold in more than five years.

World Gold Council has nothing to say about Swiss gold referendum

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... or about anything else that matters. The council won't help gold if it might offend a central bank.

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1,500 Tons of Gold on the Line in Swiss Vote to Buy Back Bullion

By Nicholas Larkin and Catherine Bosley
Bloomberg News
Wednesday, November 5, 2014

Plunging gold price has mining companies selling at a loss

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Anybody heard a peep from the World Gold Council, or from the miners themselves?

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Plunging Gold Price Has Mining Companies Selling at Loss

By Liezel Hill and Kevin Crowley
Bloomberg News
Wednesday, November 5, 2014

Somebody wants gold shares at distress prices

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Petropavlovsk Shares Jump on Consortium's Rescue Bid

By Ashley Armstrong
The Telegraph, London
Tuesday, November 4, 2014

Shares in Peter Hambro's Russian mining business jumped by almost 20 percent after it emerged that a consortium fronted by Oleg Deripaska's right-hand man was attempting to gatecrash its rights issue plans.

Dave Kranzler: Proof that gold is manipulated using paper gold

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7:54p ET Tuesday, November 4, 2014

Dear Friend of GATA and Gold:

Echoing the work of GATA's late board member Adrian Douglas from 2010, market analyst and fund manager Dave Kranzler of Investment Research Dynamics in Denver today published a chart showing that gold almost always rises when the Asian physical markets are open and falls when the London and New York paper markets are open.

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