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Daily Dispatches
Cashin notes suspicion of gold rigging but defaults to 'conspiracy theory'
Submitted by cpowell on Tue, 2013-07-23 11:17 Section: Daily Dispatches11:23a ET Tuesday, July 23, 2013
Dear Friend of GATA and Gold:
Business Insider today quotes from the daily commentary of Art Cashin of UBS, who acknowledges that there is evidence of gold market manipulation.
Jim Sinclair: Comex must change its delivery mechanism soon
Submitted by cpowell on Mon, 2013-07-22 22:26 Section: Daily DispatchesBy Jim Sinclair
JSMineSet.com
Monday, July 22, 2013
http://www.jsmineset.com/2013/07/22/comex-must-change-its-delivery-mecha...
The cause of today's spectacular rise in the gold price is the continuing large decline in the Comex warehouse gold inventory. Because of the continued fall in gold inventory, within 90 days the Comex must change its delivery mechanism.
In Sprott Money News interview, Marc Faber comes close to earning a tin-foil hat
Submitted by cpowell on Mon, 2013-07-22 21:55 Section: Daily Dispatches10p ET Monday, July 22, 2013
Dear Friend of GATA and Gold:
Rush that salvaged bullion to the LBMA!
Submitted by cpowell on Mon, 2013-07-22 21:38 Section: Daily DispatchesOdyssey Exploration Recovers Silver from Shipwreck
By the Associated Press
via Yahoo News
Monday, July 22, 2013
http://news.yahoo.com/odyssey-exploration-recovers-silver-shipwreck-1327...
Regulators find an investment house not too big to prosecute for 'spoof' trades
Submitted by cpowell on Mon, 2013-07-22 16:20 Section: Daily DispatchesHigh-Frequency Trading Firm Panther Energy Fined in 'Spoofing' Case
By Dina El Boghdady
Washington Post
Monday, July 22, 2013
http://www.washingtonpost.com/business/economy/high-frequency-trading-fi...
FT is sure that new gold exchange in South Korea will flop
Submitted by cpowell on Mon, 2013-07-22 16:10 Section: Daily DispatchesSouth Korea's New Gold Trading Platform May Lack Sparkle
By Song Jung-a
Financial Times, London
Monday, July 22, 2013
http://blogs.ft.com/beyond-brics/2013/07/22/s-korea-new-gold-trading-pla...
Eventually confidence will rest only with gold, Stockman tells King World News
Submitted by cpowell on Mon, 2013-07-22 16:00 Section: Daily Dispatches4p ET Monday, July 22, 2013
Dear Friend of GATA and Gold:
Central banks have broken the world financial system with their infinite money, markets now consist largely of trying to front-run the next burp from this or that central banker, and confidence eventually will rest only with gold, former U.S. budget director David Stockman tells King World News today in an exclusive interview:
Treasuries not safe enough as pace of foreign purchases slows
Submitted by cpowell on Mon, 2013-07-22 15:52 Section: Daily DispatchesBy Daniel Kruger and Liz Capo McCormick
Bloomberg News
Monday, July 22, 2013
http://www.bloomberg.com/news/2013-07-21/treasuries-not-safe-enough-as-f...
India moves to kick out 20 percent of imported gold
Submitted by cpowell on Mon, 2013-07-22 15:38 Section: Daily DispatchesGold is still winning on the subcontinent. This may only make people want it more.
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India's CAD, Rupee Fears Drive Reserve Bank of India to Crack Down Further on Gold Imports; Price to Rise
By the Press Trust of India
via The Indian Express, New Delhi
Monday, July 22, 2013
Embry scoffs at Bernanke's pretending not to understand gold
Submitted by cpowell on Mon, 2013-07-22 13:57 Section: Daily Dispatches1:57p ET Monday, July 22, 2013
Dear Friend of GATA and Gold (and Silver):