Daily Dispatches

JPMorgan caught in swirl of regulatory woes

Submitted by cpowell on Fri, 2013-05-03 14:05 Section: Daily Dispatches

JPMorgan Caught in Swirl of Regulatory Woes

By Jessica Silver-Greenberg and Ben Protess
The New York Times
Friday, May 3, 2013

http://dealbook.nytimes.com/2013/05/02/jpmorgan-caught-in-swirl-of-regul...

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Hong Kong gold retailers overwhelmed by mainland shoppers

Submitted by cpowell on Thu, 2013-05-02 23:40 Section: Daily Dispatches

By Gao Changxin
China Daily, Beijing
Thursday, May 2, 2013

http://www.chinadaily.com.cn/cndy/2013-05/02/content_16466595.htm

HONG KONG -- Hong Kong retailers report they were swamped over the three-day May Day holiday by tens of thousands of mainlanders in search of one thing: cheap gold.

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Somebody is 'sitting on the gold price,' Tocqueville's Hathaway says

Submitted by cpowell on Thu, 2013-05-02 23:32 Section: Daily Dispatches

11:30p ET Thursday, May 2, 2013

Dear Friend of GATA and Gold:

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Bill Buckler's farewell: Denying gold market manipulation is silly

Submitted by cpowell on Thu, 2013-05-02 16:41 Section: Daily Dispatches

4:48p ET Thursday, May 2, 2013

Dear Friend of GATA and Gold:

Bill Buckler, editor of the incisive The Privateer market letter, closed it down the other day after 29 years, sounding not just worn out from the work and needing a break but also a bit depressed by the world's increasing illiteracy in economics and maybe by the recent attack on gold as well.

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Ambrose Evans-Pritchard: Italy should use gold reserves to change EMU policy

Submitted by cpowell on Thu, 2013-05-02 15:44 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 2, 2013

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024392/it...

The World Gold Council has advised Italy to deploy its 2,000 tonnes of gold to break free of European Monetary Union austerity dictates.

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Stock prices oblivious to U.S. economic performance, Embry says

Submitted by cpowell on Wed, 2013-05-01 10:15 Section: Daily Dispatches

10:10a ET Wednesday, May 1, 2013

Dear Friend of GATA and Gold:

Interviewed today by King World News, Sprott Asset Management's John Embry discusses the grotesque disparity between stock prices and the continuing decline of the U.S. economy, as well as his expectation of a run out of gold paper into real metal. An excerpt from the interview is posted at the King World News blog here:

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Nielson: Paper, physical are decoupling; Arensberg: COT is bass-ackwards

Submitted by cpowell on Tue, 2013-04-30 21:44 Section: Daily Dispatches

9:40p ET Tuesday, April 30, 2013

Dear Friend of GATA and Gold:

Jeff Nielson of Bullion Bulls Canada speculates tonight on the decoupling of the paper and physical gold markets.

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Dwindling U.S. gold stocks signal surge in physical demand

Submitted by cpowell on Tue, 2013-04-30 11:05 Section: Daily Dispatches

By Frank Tang
Reuters
Tuesday, April 30, 2013

http://www.reuters.com/article/2013/04/30/comex-gold-stocks-idUSL2N0DD2L...

NEW YORK -- Physical gold stocks held at CME Group's Comex warehouses in New York have dropped to a near-five year low in a further sign that gold's price crash unleashed a frenzy of demand as investors scramble to buy bars and coins. ...