Daily Dispatches

Congress indignant: Why aren't our pots calling those kettles black?

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Strong Dollar Revives Old Currency Angst

By Shawn Donnan
Financial Times, London
Wednesday, February 4, 2015

WASHINGTON -- When Jack Lew, the US Treasury secretary, sits down on Thursday to brief the august members of the Senate finance committee on the president’s 2016 budget and plans for tax reform he will be bracing himself for a barrage of questions on at least one other subject.

Bank of Montreal gold product takes aim at big ETF market, new investors

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By Mary Nicholson
Reuters
Wednesday, February 4, 2015

Bank of Montreal has launched a new way for investors to buy physical gold, offering greater security than private storage while going head to head with the $60 billion exchange-traded fund industry.

Mark O'Byrne: New gold fix to be run by Western and Chinese banks, still not transparent

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9:15p ET Tuesday, February 3, 2015

Dear Friend of GATA and Gold:

Don't get excited about the possibility that the inclusion of Chinese banks in the new mechanism for developing an international gold price benchmark in London will diminish manipulation of the gold market. That's the advice from GoldCore's Mark O'Byrne, who writes today:

Got Gold Report's Gene Arensberg dies

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8:19p ET Tuesday, February 3, 2015

Dear Friend of GATA and Gold:

Our dear friend Gene Arensberg, publisher of the Got Gold Report --

http://www.gotgoldreport.com/

-- died yesterday at Houston Methodist Hospital as a result of complications from lung transplant surgery undertaken in September.

Peter Degraaf: Commercials suppress monetary metals in 'casino' futures market

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8:06p ET Tuesday, February 3, 2015

Dear Friend of GATA and Gold:

Also sounding like GATA tonight in his latest financial letter is market analyst Peter Degraaf, who has sounded like GATA before.

Clive Maund: The golden age of QE and the fiat endgame

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7:42 ET Tuesday, February 3, 2015

Dear Friend of GATA and Gold:

In his latest commentary, dated January 29, financial letter writer Clive P. Maund sounds a lot like GATA as he complains about market manipulation.

Dan Popescu: Five reasons to buy gold and silver in 2015

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4:15p ET Tuesday, February 3, 2015

Dear Friend of GATA and Gold:

Three Greek banks tap 2 billion euros in emergency funding, sources tell Reuters

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By George Georgiopoulos
Reuters
Tuesday, February 3, 2015

ATHENS, Greece -- Three of Greece's four major banks have started to tap emergency funding from the Greek central bank as some depositors have withdrawn their money due to political uncertainty, two sources familiar with the situation told Reuters on Tuesday.

D-Day for insolvent West may be Feb. 28, Turk tells KWN

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5p ET Monday, February 2, 2015

Dear Friend of GATA and Gold:

Fed is out of ammo, Embry tells King World News

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4:45p ET Monday, February 2, 2015

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry tells King World News today that the monetary metals markets have a strengthening tone to them and that the U.S. Federal Reserve is out of ammunition for propping up the equity markets. An excerpt from Embry's interview is posted at the KWN blog here:

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