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Daily Dispatches
Top central banks extend dollar-lending program
Submitted by cpowell on Thu, 2012-12-13 13:25 Section: Daily DispatchesTheir gold-lending program is the secret side of their market intervention.
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By David McHugh and Martin Crutsinger
Associated Press
via Miami Herald
Thursday, December 13, 2012
http://www.miamiherald.com/2012/12/13/3140509/top-central-banks-extend-d...
Jim Sinclair: Gold does not need you or me
Submitted by cpowell on Thu, 2012-12-13 12:27 Section: Daily Dispatches12:26p ET Thursday, December 13, 2012
Dear Friend of GATA and Gold:
Jim Sinclair writes today that gold price suppression via the U.S. Federal Reserve, Exchange Stabilization Fund, and their agent, investment house Goldman Sachs, has been blatant "for months." He adds: "They were so obvious between $1,775 and $1,800 that Petunia can call the strategy. ...
King World News posts audio of interview with GATA secretary
Submitted by cpowell on Thu, 2012-12-13 08:44 Section: Daily Dispatches11:37a ET Thursday, December 13, 2012
Dear Friend of GATA and Gold:
Full audio of your secretary/treasurer's interview yesterday with King World News, emphasizing the confidential International Monetary Fund report obtained by GATA showing that central banks conceal their gold leases and swaps to facilitate secret market intervention --
Lee Quaintance and Paul Brodsky: For gold market rigging, look east too
Submitted by cpowell on Wed, 2012-12-12 16:37 Section: Daily Dispatches4:45p ET Wednesday, December 12, 2012
Dear Friend of GATA and Gold:
GATA secretary interviewed by KWN about incriminating IMF memo
Submitted by cpowell on Wed, 2012-12-12 15:48 Section: Daily Dispatches3:45p ET Wednesday, December 12, 2012
Dear Friend of GATA and Gold:
Your secretary/treasurer was interviewed today by King World News about GATA's disclosure this week of a confidential International Monetary Fund memorandum confirming that central banks hide their gold loans and swaps to facilitate secret market manipulation. (See http://www.gata.org/node/12016.)
Lars Schall: The Bundesbank and its gold -- to trade or not to trade?
Submitted by cpowell on Wed, 2012-12-12 15:40 Section: Daily Dispatches3:55p ET Wednesday, December 12, 2012
Dear Friend of GATA and Gold:
More than half of Dutch gold is at NY Fed, finance minister says
Submitted by cpowell on Wed, 2012-12-12 15:27 Section: Daily DispatchesMore than Half the Dutch Gold Is in New York
From NU (Now), Amsterdam
Wednesday, December 12, 2012
http://www.nu.nl/economie/2981172/meer-dan-helft-nederlandse-goud-in-new...
THE HAGUE, Netherlands -- A little more than half of the gold of De Nederlandsche Bank is stored at the U.S. Federal Reserve in New York.
But how could the government ever indict its own market-rigging agents?
Submitted by cpowell on Wed, 2012-12-12 11:40 Section: Daily DispatchesThey can trump the government any time by threatening to disclose what they know of government policy -- such as what HSBC, not just "the world's local bank" but the world's biggest gold shorter, knows about government rigging of the gold market.
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Too Big to Indict
From The New York Times
Tuesday, December 11, 2012
In India, 'investment in gold is like social security'
Submitted by cpowell on Tue, 2012-12-11 21:49 Section: Daily DispatchesIndia Must Tap Household, Temple Gold to Reduce Imports, Jewellers Say
By Pratik Parija
Bloomberg News
Tuesday, December 11, 2012
http://www.bloomberg.com/news/2012-12-11/india-must-tap-household-temple...
Gold mining CEOs told to fix slump as investors prove restless
Submitted by cpowell on Tue, 2012-12-11 21:40 Section: Daily DispatchesBy Thomas Biesheuvel
Bloomberg News
Tuesday, December 11, 2012
http://www.bloomberg.com/news/2012-12-12/gold-ceos-told-to-fix-slump-as-...
Gold-mine investors are losing patience with management in the $60 billion industry as their shares head for the first back-to-back annual slump since 1998, even as the metal completes a dozen years of gains.
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