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Daily Dispatches
Virtual currencies run into legal trouble in U.S.
Submitted by cpowell on Thu, 2013-05-30 22:32 Section: Daily DispatchesBy Stephen Foley
Financial Times, London
Thursday, May 30, 2013
http://www.ft.com/intl/cms/s/2/dc18a5be-c872-11e2-8cb7-00144feab7de.html
According to the website Localbitcoins.com, in the United States alone there are more than 2,000 people in 650 towns and cities who want to sell you Bitcoins for cash, right now.
India may try anything to reduce gold imports -- except stabilize the rupee
Submitted by cpowell on Thu, 2013-05-30 22:23 Section: Daily DispatchesIndia May Consider More Steps to Curb Gold Imports
By Rajesh Roy
The Wall Street Journal
Thursday, May 30, 2013
http://online.wsj.com/article/SB1000142412788732441260457851453188945755...
NEW DELHI -- India may consider more steps in early June to reduce domestic gold consumption if imports of the metal remain high this month, a senior finance ministry official said Thursday.
Canadian mint's gold and silver funds trade at a discount to metal value
Submitted by cpowell on Thu, 2013-05-30 00:54 Section: Daily DispatchesOn Sale Now: Canada's Gold Reserves
By Martin Mittelstaedt
The Globe and Mail, Toronto
Wednesday, May 29, 2013
http://www.theglobeandmail.com/globe-investor/investment-ideas/on-sale-n...
There's gold and silver on sale on the Toronto stock market, courtesy of an unusual source: the government of Canada.
Embry on transfer of monetary metals and manufacturing to Asia
Submitted by cpowell on Wed, 2013-05-29 13:35 Section: Daily Dispatches10:30a PT Wednesday, May 29, 2013
Dear Friend of GATA and Gold:
Interviewed today by King World News, Sprott Asset Management's John Embry discusses the transfer of gold and silver from West to East, the misleading spin of economic data, and the movement of manufacturing out of the United States and now even China. An excerpt from the interview is posted at the King World News blog here:
New Bank of England chief will devalue the pound, Pimco warns
Submitted by cpowell on Wed, 2013-05-29 10:02 Section: Daily DispatchesBy Philip Aldrick
The Telegraph, London
Wednesday, May 29, 2013
http://www.telegraph.co.uk/finance/economics/10086652/New-BoE-chief-Carn...
GATA Chairman Bill Murphy interviewed at Vancouver conference
Submitted by cpowell on Wed, 2013-05-29 01:43 Section: Daily Dispatches10:40p PT Tuesday, May 28, 2013
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed by Canadian journalist Bridgette Anderson on Sunday at Cambridge House's World Resource Investment Conference in Vancouver. The interview is nine minutes long and is posted at YouTube here:
http://www.youtube.com/watch?v=9CRKHtXpNm8
CHRIS POWELL, Secretary/Treasurer
Hedge funds going short gold and silver, Norcini tells King World News
Submitted by cpowell on Wed, 2013-05-29 00:25 Section: Daily Dispatches9:22p PT Tuesday, May 28, 2013
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini tells King World News that hedge funds are going short both gold and silver. An excerpt from the interview is posted at the King World News blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/29_In...
India's central bank won't ban sale of gold coins
Submitted by cpowell on Wed, 2013-05-29 00:18 Section: Daily DispatchesRBI Rules Out Ban on Sale of Gold Coins
From Outlook India
New Delhi
Tuesday, May 28, 2013
http://news.outlookindia.com/items.aspx?artid=799277
The Reserve Bank today ruled out a ban on sale of gold coins but asked banks to refrain from aggressively selling the precious metal.
GATA secretary interviewed at Vancouver conference
Submitted by cpowell on Wed, 2013-05-29 00:05 Section: Daily Dispatches9p PT Tuesday, May 29, 2013
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed Sunday about gold market manipulation and GATA's work by Canadian journalist Bridgette Anderson at Cambridge House's World Resource Investment Conference in Vancouver. The interview is 10 minutes long and is posted at YouTube here:
Gene Arensberg: Huge rally fuel in place for gold futures
Submitted by cpowell on Tue, 2013-05-28 20:32 Section: Daily Dispatches5:31p PT Tuesday, May 28, 2013
Dear Friend of GATA and Gold: