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Daily Dispatches
Most Austrian gold reserves held in London and leased out
Submitted by cpowell on Thu, 2012-11-22 09:35 Section: Daily DispatchesWhich means that the gold really isn't there at all, or at least not unimpaired. Now another nation is starting to get hints about gold-market rigging, likely thanks to the clamor raised by our German friends -- Austria being, of course, a German-speaking nation.
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Call to Bring Austrian Gold Back Home from the UK
From Austrian Times, Vienna
Thursday, November 22, 2012
Future Money Trends: The Day the World Ended
Submitted by cpowell on Wed, 2012-11-21 21:15 Section: Daily Dispatches9:10p ET Wednesday, November 21, 2012
Dear Friend of GATA and Gold:
Indian government may offer bonds payable in gold
Submitted by cpowell on Wed, 2012-11-21 13:47 Section: Daily DispatchesDo they really think people will fall for such a promise rather than keep owning gold directly?
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Government May Issue Gold Bonds
By Mahua Venkatesh and Anupama Airy
Hindustan Times, Guragon, India
Wednesday, November 21, 2012
http://www.hindustantimes.com/business-news/WorldEconomy/Government-may-...
Andrew Maguire: Price suppression mechanics of GLD and SLV
Submitted by cpowell on Wed, 2012-11-21 13:32 Section: Daily Dispatches1:24p ET Wednesday, November 21, 2012
Dear Friend of GATA and Gold (and Silver):
Bundesbank won't explain sale of gold even if it's only to Finance Ministry for coins
Submitted by cpowell on Wed, 2012-11-21 08:30 Section: Daily DispatchesAfter all, one explanation might necessitate another, and then secret intervention in the gold and currency markets might be compromised. Our German friends should pounce on this. But congratulations to Bloomberg News for having the wit and initiative to ask the German central bank about the reduction in its gold reserves.
Ron Paul interviewed by GoldMoney on prospects for gold and private money
Submitted by cpowell on Tue, 2012-11-20 20:29 Section: Daily Dispatches8:28p ET Tuesday, November 20, 2012
Dear Friend of GATA and Gold:
CME's eurodollar futures contract was central to LIBOR rigging
Submitted by cpowell on Tue, 2012-11-20 08:52 Section: Daily DispatchesHow Gaming LIBOR Became Business as Usual
By Carrick Mollenkamp, Jennifer Ablan, and Matthew Goldstein
Reuters
Tuesday, November 20, 2012
http://www.reuters.com/article/2012/11/20/us-libor-fixing-origins-idUSBR...
Treasury secretary supports eliminating debt ceiling
Submitted by cpowell on Mon, 2012-11-19 22:54 Section: Daily DispatchesGeithner Says Budget Deal Is 'Within Our Grasp'
By Ian Katz
Bloomberg News
Saturday, November 17, 2012
http://www.bloomberg.com/news/2012-11-16/geithner-says-budget-deal-can-b...
Turk says Fed's money spigot is back on; Embry sees gold production falling for years
Submitted by cpowell on Mon, 2012-11-19 22:26 Section: Daily Dispatches10:24p ET Monday, November 19, 2012
Dear Friend of GATA and Gold:
Reserve Bank of India forbids bank loans for gold purchases
Submitted by cpowell on Mon, 2012-11-19 22:13 Section: Daily DispatchesFrom The Indian Express, New Delhi
Monday, November 19, 2012
http://www.indianexpress.com/news/rbi-bans-bank-loans-to-buy-gold/1033190/
The Reserve Bank today directed banks not to give loans for purchase of gold in any form, including primary gold, bullion, and jewellery, to dissuade people from indulging in speculative activity.
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