Daily Dispatches

Hugo Salinas Price: Interest rate suppression pushes wages down and unemployment up

Section:

10:53p CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

TF Metals Report: Comex institutes trading collars for precious metals

Section:

10:15p CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

Yeah, sure, FT: 'Governor Mark Carney sweeps aside secrecy at Bank of England'

Section:

Of course not for records of the bank's gold transactions and those of its "customers." What puffery!

* * *

Governor Mark Carney Sweeps Aside Secrecy at Bank of England

By Chris Giles
Financial Times, London
Thursday, December 11, 2014

Zero Hedge: Deutsche, Barclays algos busted for FX rigging

Section:

From ZeroHedge.com
Thursday, December 11, 2014

First it was humans. Now it is vacuum tubes.

Travelogue from London and Munich

Section:

11:57a CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

As oil falls against gold, mining profitability will improve, Leeb tells KWN

Section:

11a CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

Fund manager Stephen Leeb tells King World News that a steady-to-rising gold price against a collapsing oil price likely means greater profitability for gold mining companies. An excerpt from Leeb's interview is posted at the KWN blog here:

HSBC fires head of forex trading in London

Section:

From Dow Jones Newswires
via The Australian, Sydney
Wednesday, December 10, 2014

HSBC Holdings Plc has dismissed Stuart Scott, its London-based head of currencies trading, in connection with the global investigations that have led to the bank paying $620 million in fines on both sides of the Atlantic, according to a person familiar with the matter.

So who's making the movie about central banking?

Section:

Investors Tapped to Fund Gold Fraud Film

By Ben Bland
Financial Times, London
Wednesday, December 10, 2014

JAKARTA, Indonesia -- Two of the world's toughest mining tycoons battle it out with a star geologist, a chancer, and a dictator's children for control of one of the world's largest gold discoveries in the heart of the Indonesian jungle, until it is exposed as a huge fraud.

Indian households said to spend 8% of daily consumption on gold jewellery and coins

Section:

From The Times of India, Mumbai
Wednesday, December 10, 2014

KOLKATA, India -- An Indian household spends 8 percent of its daily consumption on gold jewellery and coins, which is only marginally behind medical expenses and education, according to a joint report by industry body Ficci and the World Gold Council.

Mexico vows to sell dollars to halt peso's slide

Section:

By E. Eduardo Castillo
Associated Press
via ABC News, New York
Tuesday, December 8, 2014

MEXICO CITY -- Mexico is ready to intervene in currency markets to fight the peso's fall against the dollar amid concerns over dropping oil prices and a possible increase in U.S. interest rates.

Syndicate content