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Daily Dispatches
India's central bank keeps scheming to push people out of real metal and into imaginary gold
Submitted by cpowell on Thu, 2013-02-07 11:16 Section: Daily DispatchesReserve Bank of India Considers More Gold Import Curbs
By Suvashree Dey Choudhury and Siddesh Mayenkar
Reuters
Wednesday, February 6, 2013
http://in.reuters.com/article/2013/02/06/gold-india-imports-idINDEE91505...
Ian Gordon: Economic winter could thaw gold equities
Submitted by cpowell on Thu, 2013-02-07 11:02 Section: Daily Dispatches11a ET Thursday, February 7, 2013
Dear Friend of GATA and Gold:
Market analyst Ian Gordon, founder of the Longwave Group in British Columbia, discusses gold price suppression in an interview with Brian Sylvester of The Gold Report. It's headlined "Ian Gordon: Economic Winter Could Thaw Gold Equities" and it's posted at The Gold Report's Internet site here:
Imagine what gold and silver subpoenas might dig up
Submitted by cpowell on Wed, 2013-02-06 19:53 Section: Daily DispatchesRecord of Trader Talk to Haunt RBS
By Kara Scannell and Brooke Masters
Financial Times, London
Wendesday, February 6, 2013
http://www.ft.com/intl/cms/s/0/84132b88-7083-11e2-a2cf-00144feab49a.html
A senior yen trader at Royal Bank of Scotland made a revealing observation in mid-2007 about the bank panel that sets the borrowing rate in Japanese yen.
Antal Fekete: China's risk-free bonanza in covered call selling in silver
Submitted by cpowell on Tue, 2013-02-05 21:39 Section: Daily Dispatches9:34p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold (and Silver):
24hGold tonight republishes a 4-year-old essay by the economic historian Antal Fekete speculating, as silver market analyst Ted Butler long has done, that China is the major short in the silver market.
Why the secrecy around NY Fed transactions involving U.S. government gold?
Submitted by cpowell on Tue, 2013-02-05 21:33 Section: Daily Dispatches9:30p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold:
Financial journalist Lars Schall reports tonight (in the "Update 3" paragraph at the link below) that the Federal Reserve Bank of New York appears to be declining to explain the secrecy around its gold transactions and even around gold transactions involving the U.S. government-owned gold:
New York Sun: Virginia in the vanguard
Submitted by cpowell on Tue, 2013-02-05 20:48 Section: Daily Dispatches8:45p ET Tuesday, February 5, 2013
Dear Friend of GATA and Gold:
The New York Sun today lauds Virginia for its legislature's considering establishing a metallic standard for money.
U.S. government justifies drone killings of Americans for little cause
Submitted by cpowell on Tue, 2013-02-05 14:42 Section: Daily DispatchesMemo Justifies Drone Kills Even with Patchy Intelligence
By Susan Heavey, David Ingram, and Mark Hosenball
Reuters
Tuesday, February 5, 2013
http://www.reuters.com/article/2013/02/05/us-usa-drones-idUSBRE9140X1201...
'... and no one knows how much the central bank is buying'
Submitted by cpowell on Tue, 2013-02-05 14:35 Section: Daily DispatchesHong Kong-to-China Gold Flow Hit Record in 2012
By Rujun Shen
Reuters
Tuesday, February 5, 2013
http://www.reuters.com/article/2013/02/05/hongkong-gold-china-idUSL4N0B5...
Many welcome departure of Canada's pesky penny
Submitted by cpowell on Tue, 2013-02-05 10:54 Section: Daily DispatchesBy Tony Lofaro
Ottawa Citizen
Tuesday, February 5, 2013
http://www.ottawacitizen.com/news/ottawa/Many+welcome+departure+pesky+pe...
OTTAWA -- The penny is on the way out, and that's good news for people tired of dealing with the nuisance coin.
Hollande warns on euro strength, denounces markets for currencies
Submitted by cpowell on Tue, 2013-02-05 10:43 Section: Daily DispatchesHollande Warns on Euro Strength
By Hugh Carnegy and Alice Ross
Financial Times, London
Tuesday, February 5, 2013
http://www.ft.com/intl/cms/s/0/5ffe511a-6f7e-11e2-956b-00144feab49a.html
Francois Hollande has issued a clear warning that the current strength of the euro could damage the fragile economic recovery in Europe, calling for international action to stem currency distortions.
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