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Daily Dispatches
GoldMoney's Turk notes lack of profit taking in gold and silver
Submitted by cpowell on Mon, 2012-10-01 16:25 Section: Daily Dispatches4:25p ET Monday, October 1, 2012
Dear Friend of GATA and Gold:
Despite their big recent gains, gold and silver are not showing signs of profit taking, GoldMoney founder and GATA consultant James Turk tells King World News. That, Turk says, is an indication that their rallies will continue amid currency debasement. An excerpt from the interview is posted at the King World News blog here:
Ron Paul: Gold is good money so let it compete
Submitted by cpowell on Mon, 2012-10-01 15:24 Section: Daily Dispatches3:21p ET Monday, October 1, 2012
Dear Friend of GATA and Gold:
U.S. Rep. Ron Paul today explains (again) why gold is good money and why his legislation to facilitate competition in currencies is necessary to defend the people against the government.
Overnight devaluation of dollar is likely, Keith Barron tells King World News
Submitted by cpowell on Mon, 2012-10-01 14:44 Section: Daily Dispatches2:30p ET Monday, October 1, 2012
Dear Friend of GATA and Gold:
Mining entrepreneur Keith Barron today offers King World News the scenario that your secretary/treasurer long has considered most likely: an overnight devaluation of the dollar.
Andrew Maguire: Investment banks don't have all that metal
Submitted by cpowell on Mon, 2012-10-01 12:24 Section: Daily Dispatches12:16p ET Monday, October 1, 2012
Dear Friend of GATA and Gold (and Silver):
Rush to turn European gold paper into real metal vaulted in Singapore
Submitted by cpowell on Mon, 2012-10-01 08:16 Section: Daily DispatchesSingapore Has Golden Ambitions
By Clementine Wallop
The Wall Street Journal
Sunday, September 30, 2012
http://online.wsj.com/article/SB1000087239639044475250457802380187784713...
Singapore has emerged as one of the world's hubs for private banking for the wealthy, and now it is making a play to become the Fort Knox of Asia.
Alasdair Macleod: Helicopter Ben flies again
Submitted by cpowell on Sun, 2012-09-30 11:50 Section: Daily Dispatches11:44a ET Sunday, September 30, 2012
Dear Friend of GATA and Gold:
Qatar worried about value of dollar and euro
Submitted by cpowell on Sat, 2012-09-29 16:36 Section: Daily DispatchesBy Angus McDowall
Reuters
Saturday, September 29, 2012
http://www.reuters.com/article/2012/09/29/us-qatar-investment-idUSBRE88S...
RIYADH, Saudi Arabia -- Wealthy Qatar, a major investor in U.S. and European assets, worries that haphazard attempts by countries to shore up their economies could weaken the dollar and the euro, its prime minister said.
IMF keeps pretending it had to sell gold to help poor countries. ...
Submitted by cpowell on Sat, 2012-09-29 01:07 Section: Daily Dispatches... as if its member central banks aren't in the business of just printing money.
* * *
IMF to Use Windfall Gold Profit for Loans to Poor Members
By Sandrine Rastello
Bloomberg News
Friday, September 27, 2012
http://www.bloomberg.com/news/2012-09-28/imf-to-use-windfall-gold-profit...
Judge throws out CFTC's position limits rule
Submitted by cpowell on Fri, 2012-09-28 16:41 Section: Daily DispatchesBy Alexandra Alper and Karey Wutkowski
Reuters
Friday, September 28, 2012
http://www.reuters.com/article/2012/09/28/us-cftc-positionlimits-idUSBRE...
WASHINGTON -- A federal judge handed an 11th-hour victory to Wall Street's biggest commodity traders today, knocking back tough new regulations that would have cracked down on speculation in energy, grain, and metal markets.
Von Greyerz sees wealthy buying gold and moving it outside banking system
Submitted by cpowell on Fri, 2012-09-28 15:15 Section: Daily Dispatches3:12p ET Friday, September 28, 2012
Dear Friend of GATA and Gold:
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