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Daily Dispatches
Bron Suchecki: How central bank gold lending suppresses gold's price
Submitted by cpowell on Wed, 2014-02-12 08:30 Section: Daily Dispatches8:27a ET Wednesday, February 12, 2014
Dear Friend of GATA and Gold:
The Perth Mint's Bron Suchecki today provides a detailed example of how gold lending by central banks to bullion banks increases gold-related credit and suppresses the metal's price. He concludes with an observation he has made before but deserves emphasis:
Bitcoin hit by denial-of-service attacks as regulators prepare clampdown
Submitted by cpowell on Wed, 2014-02-12 08:08 Section: Daily DispatchesBy Emily Flitter and Douwe Miedema
Reuters
Wednesday, February 12, 2014
Bitcoin is being hit by attacks from unknown computer hackers who are sending "mutated" lines of code into the program that runs the virtual currency, a spokeswoman from its main trade organization said in a statement on Tuesday.
Will Suriname join the struggle against gold price suppression?
Submitted by cpowell on Tue, 2014-02-11 15:11 Section: Daily Dispatches3:12p ET Tuesday, February 11, 2014
Dear Friend of GATA and Gold:
Your secretary/treasurer has just returned from what seemed like a productive week in Suriname, the former Dutch Guyana in northeastern South America, a country whose foremost export revenue generator is gold, thanks to the Gros Rosebel mine operated by Iamgold.
European QE likely to boost gold, Leeb tells KWN
Submitted by cpowell on Tue, 2014-02-11 14:31 Section: Daily Dispatches2:28p ET Tuesday, February 11, 2014
Dear Friend of GATA and Gold:
Money manager Stephen Leeb explains his bullishness on gold and copper in an interview today with King World News, citing the likelihood of more "quantitative easing" in Europe:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/2/11_Le...
Bundesbank delays gold repatriation schedule
Submitted by cpowell on Tue, 2014-02-11 13:16 Section: Daily Dispatches1:10p ET Tuesday, February 11, 2014
Dear Friend of GATA and Gold:
China's 500-tonne gold gap fuels talk of stockpiling
Submitted by cpowell on Tue, 2014-02-11 12:38 Section: Daily DispatchesBy Simon Rabinovitch
Financial Times, London
Tuesday, February 11, 2014
http://www.ft.com/intl/cms/s/0/885b6272-92d4-11e3-9e43-00144feab7de.html
SHANGHAI -- A 500-tonne gap in China's gold consumption data is fuelling talk that the central bank took advantage of weak prices last year to bulk up its holdings of the precious metal.
TF Metals Report: Trends of the latest bank participation report
Submitted by cpowell on Tue, 2014-02-11 11:45 Section: Daily Dispatches11:40a ET Tuesday, February 11, 2014
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson today analyzes the latest reports on trader positions in the gold futures market and concludes that gold likely is on its way back up, even as he advises patience. Ferguson's commentary is headlined "Trends of the Latest Bank Participation Report" and it's posted here:
Sprott praises GATA consultant Speck's 'The Gold Cartel'
Submitted by cpowell on Mon, 2014-02-10 16:22 Section: Daily Dispatches4:22p ET Monday, February 10, 2014
Dear Friend of GATA and Gold:
On the weekly market review by Sprott Money News, Sprott Asset Management's CEO Eric Sprott explains his optimism about gold and silver prices and praises GATA consultant Dimitri Speck's new book, "The Gold Cartel," for detailing the largely surreptitious manipulation of the gold market by central banks.
More debt can't engineer economic recovery, Embry tells KWN
Submitted by cpowell on Mon, 2014-02-10 13:30 Section: Daily Dispatches1:27p ET Monday, February 10, 2014
Dear Friend of GATA and Gold:
Gold demand in China at record
Submitted by cpowell on Mon, 2014-02-10 08:11 Section: Daily DispatchesBy Feiwen Rong
Bloomberg News
Monday, February 10, 2014
BEIJING -- Gold consumption and production in China expanded to records as prices that slumped into a bear market spurred sales of jewelry and bars, underlining a shift in global demand from West to East.
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