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Daily Dispatches
German gold price probe extended to Deutsche Bank
Submitted by cpowell on Thu, 2013-12-12 20:20 Section: Daily DispatchesBy Alice Ross
Financial Times, London
Thursday, December 12, 2013
http://www.ft.com/intl/cms/s/0/b386aa16-6358-11e3-886f-00144feabdc0.html
FRANKFURT, Germany -- Germany's financial regulator has demanded documents from Deutsche Bank as part of an investigation into potential manipulation of gold and silver prices.
John Hathaway: Threats to 'paper gold' are growing and only metal in hand is safe
Submitted by cpowell on Thu, 2013-12-12 17:53 Section: Daily Dispatches5:45p ET Thursday, December 12, 2013
Dear Friend of GATA and Gold:
Former mint director says he saw Fort Knox gold -- but who owns it?
Submitted by cpowell on Thu, 2013-12-12 15:32 Section: Daily Dispatches3:35p ET Thursday, December 12, 2013
Dear Friend of GATA and Gold:
Choice for Fed deputy implemented devaluation in Israel
Submitted by cpowell on Thu, 2013-12-12 10:13 Section: Daily DispatchesFischer Seen Bringing Crisis-Fighting Skills to No. 2 Fed Post
By Joshua Zumbrun and Rich Miller
Bloomberg News
Thursday, December 12, 2013
WASHINGTON -- Stanley Fischer, said to be the leading candidate for the No. 2 job at the Federal Reserve, offers crisis-fighting experience and a dose of skepticism about efforts to shape expectations on the outlook for interest rates.
Sprott's Rule reports renewed interest in resource sector, particularly from Asia
Submitted by cpowell on Wed, 2013-12-11 20:59 Section: Daily Dispatches8:55p ET Wednesday, December 11, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's Rick Rule today tells King World News of signs of renewed interest in the resource sector and even in junior mining companies, particularly from Asia. An excerpt from the interview is posted at the KWN blog here:
Ignoring gold market rigging, Wall Street Journal celebrates Sprott fund's decline
Submitted by cpowell on Wed, 2013-12-11 20:38 Section: Daily DispatchesGold Drop Is Blow to Prominent Hedge-Fund Manager Sprott
By Rob Copeland
The Wall Street Journal
Wednesday, December 11, 2013
One of the world's biggest gold bugs is getting crushed by the metal's steep fall.
Zheng Gang: China prepares for financial warfare
Submitted by cpowell on Wed, 2013-12-11 16:09 Section: Daily Dispatches4:08p ET Wednesday, December 11, 2013
Dear Friend of GATA and Gold:
Gold researcher and GATA consultant Koos Jansen today translates into English and publishes commentary written in June by Chinese financial management executive Zheng Gang about what he considers a financial war being waged against the world by the United States.
Russian central bank picks symbol for ruble
Submitted by cpowell on Wed, 2013-12-11 15:47 Section: Daily DispatchesFrom The Moscow Times
Wednesday, December 11, 2013
http://www.themoscowtimes.com/business/article/central-bank-picks-symbol...
MOSCOW -- Russia unveiled Wednesday a sign that will be used to represent the ruble alongside other major world currencies.
Ing, Faber offer contrarian predictions for gold at King World News
Submitted by cpowell on Wed, 2013-12-11 15:37 Section: Daily Dispatches3:34p ET Wednesday, December 11, 2013
Dear Friend of GATA and Gold:
King World News has gold- and gold mining-friendly and perfectly contrarian predictions from Maison Placements' John Ing here --
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/12/11_T...
-- and from financial letter writer Marc Faber here:
TF Metals Report: JPM keeps gobbling up December gold deliveries
Submitted by cpowell on Wed, 2013-12-11 11:09 Section: Daily Dispatches11:06a ET Wednesday, December 11, 2013
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today elaborates on JPMorganChase's gobbling up most December gold futures contract deliveries on the New York Commodities Exchange, adding that the latest trader participation reports are extremely bullish by virtue of the long positions of major banks: