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Daily Dispatches
Join GATA at the Vancouver Resource Investment Conference in two weeks
Submitted by cpowell on Sun, 2012-05-20 13:57 Section: Daily Dispatches1:54p ET Sunday, May 20, 2012
Dear Friend of GATA and Gold:
Campaign urges Britain to restore its gold reserves
Submitted by cpowell on Sun, 2012-05-20 13:30 Section: Daily Dispatches1:26p ET Monday, May 20, 2012
Dear Friend of GATA and Gold:
Our friends at the Real Asset Co. in London have started a campaign urging the United Kingdom to buy back the gold reserves it sold at what is derided as "Brown's Bottom" starting in 1999. The campaign's Internet site page is here:
http://therealasset.co.uk/buy-britains-gold-back/
CHRIS POWELL, Secretary/Treasurer
GoldMoney's Turk interviews Sprott's Embry on gold's bullish future
Submitted by cpowell on Sun, 2012-05-20 13:23 Section: Daily Dispatches1:20p ET Sunday, May 20, 2012
Dear Friend of GATA and Gold:
Greg Canavan: The physical gold market -- from the weak to the strong
Submitted by cpowell on Sat, 2012-05-19 13:05 Section: Daily Dispatches1p ET Saturday, May 19, 2012
Dear Friend of GATA and Gold:
Writing for the Australian edition of the Daily Reckoning, financial letter editor Greg Canavan explains how gold becomes scarcer even as the price of gold futures contracts -- paper gold -- is falling. He adds that governments try to control the gold price and thereby earns his tin-foil hat.
Jesse's Cafe Americain dismisses Doug Casey's 'canard'
Submitted by cpowell on Fri, 2012-05-18 21:54 Section: Daily Dispatches9:50p ET Friday, May 18, 2012
Dear Friend of GATA and Gold:
Jesse at Jesse's Cafe Americain today dismisses Doug Casey's skepticism about gold market manipulation. Jesse writes, "Anyone who can trot out the canard that a 'market is too big to be manipulated' does not engage my interest for very long." Jesse's commentary is posted here:
Andy Borowitz on the phoniness of the financial markets
Submitted by cpowell on Fri, 2012-05-18 17:06 Section: Daily Dispatches5:10p ET Friday, May 18, 2012
Dear Friend of GATA and Gold:
People wouldn't be investing in the monetary metals if they hadn't already concluded that the financial markets are now best described by the old song:
It's a Barnum & Bailey world,
Just as phony as it can be.
Only market manipulation props up Facebook IPO at first day's close
Submitted by cpowell on Fri, 2012-05-18 16:48 Section: Daily DispatchesFacebook Off to Faltering Public Start
By April Dembosky and Telis Demos
Financial Times, London
Friday, May 18, 2012
http://www.ft.com/intl/cms/s/0/c7bfd916-a113-11e1-9fbd-00144feabdc0.html
Davies says gold smash is over; Sprott sees bank runs
Submitted by cpowell on Fri, 2012-05-18 16:31 Section: Daily Dispatches4:30p ET Friday, May 18, 2012
Dear Friend of GATA and Gold:
At King World News, gold fund manager Ben Davies describes what he sees as the mechanisms of the recent gold and silver smashdown and explains why he thinks it's over:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/18_Be...
Morgan's trading losses rip off public because of ZIRP, Rickards says
Submitted by cpowell on Fri, 2012-05-18 10:36 Section: Daily Dispatches10:35a ET Friday, May 18, 2012
Dear Friend of GATA and Gold:
Embargoes push Iran into remonetizing gold
Submitted by cpowell on Fri, 2012-05-18 10:26 Section: Daily DispatchesTurkish Gold Sales to Iran Soar as Sanctions Bite
By Behiye Taner
Reuters
Thursday, May 17, 2012
http://www.reuters.com/article/2012/05/17/gold-turkey-iran-idUSL5E8GGF3K...
ISTANBUL, Turkey -- Turkish gold sales to Iran in March soared over 30 times and gold companies said Iranians were turning to gold for savings and possibly trade as Western sanctions tighten.