Daily Dispatches

Asian expedition was productive but expensive too, so can you help?

Submitted by cpowell on Wed, 2012-06-27 10:54 Section: Daily Dispatches

11p HKT Thursday, June 27, 2012

Dear Friend of GATA and Gold:

Maybe you've heard the old story about the hand-written message on the slip of paper in the Chinese dessert: "Help! I'm a prisoner in a Chinese fortune cookie factory!"

Read more about Asian expedition was productive but expensive too, so can you help?

Bullet-proof your portfolio with gold -- and yourself too

Submitted by cpowell on Wed, 2012-06-27 09:49 Section: Daily Dispatches

Gold Chain Saves Man's Life

From RIA Novosti, Moscow
Wednesday, June 27, 2012

http://en.rian.ru/crime/20120627/174265615.html

An entrepreneur from Krasnoyarsk was saved by a gold chain around his neck when it deflected a bullet fired at him, a regional investigation committee said on Wednesday.

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Here comes the crack-up boom: Negative interest rates start in Europe

Submitted by cpowell on Wed, 2012-06-27 09:42 Section: Daily Dispatches

Draghi May Enter Twilight Zone Where Fed Fears to Tread

By Jana Randow
Reuters
Wednesday, June 27, 2012

http://www.bloomberg.com/news/2012-06-26/draghi-may-enter-twilight-zone-...

European Central Bank President Mario Draghi is contemplating taking interest rates into a twilight zone shunned by the Federal Reserve.

Read more about Here comes the crack-up boom: Negative interest rates start in Europe

Barclays admits manipulating LIBOR rate; other banks still being investigated

Submitted by cpowell on Wed, 2012-06-27 09:22 Section: Daily Dispatches

Barclays Pays $450 Million to End Libor Probe

By Brooke Masters and Kara Scannell
Financial Times, London
Wednesday, June 27, 2012

http://www.ft.com/intl/cms/s/0/2a4479f8-c030-11e1-9867-00144feabdc0.html

Read more about Barclays admits manipulating LIBOR rate; other banks still being investigated

India may prohibit gold coin sales by banks

Submitted by cpowell on Wed, 2012-06-27 09:00 Section: Daily Dispatches

Central Bank Likely to Impose Curbs on Gold Coin Sale

By Manojit Saha
Business Standard, New Delhi
Wednesday, June 27, 2012

http://business-standard.com/india/news/central-bank-likely-to-impose-cu...

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Embry, Coxe marvel at euro zone's financial collapse

Submitted by cpowell on Tue, 2012-06-26 23:29 Section: Daily Dispatches

11:25a HKT Wednesday, June 27, 2012

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry and BMO market analyst Don Coxe marvel to King World News about the collapse of the euro zone's financial system and expect gold to emerge the winner.

An excerpt from the interview with Embry is posted at the King World News blog here:

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Ian Gordon explains why he still likes gold mining companies with proven resources

Submitted by cpowell on Tue, 2012-06-26 07:16 Section: Daily Dispatches

7:15p HKT Tuesday, June 26, 2012

Dear Friend of GATA and Gold:

Read more about Ian Gordon explains why he still likes gold mining companies with proven resources

Turk notes 'financial repression'; Fitzwilson says ZIRP will destroy financial system

Submitted by cpowell on Tue, 2012-06-26 06:51 Section: Daily Dispatches

6:45p HKT Tuesday, June 26, 2012

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tells King World News that capital controls and "financial repression" are already being imposed in Europe and South America, bank runs are next, and eventually devaluations producing a higher gold price. A summary of Turk's interview is posted at the King World News blog here: