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Daily Dispatches
Gold offtake far greater than suggested in press, London trader tells KWN
Submitted by cpowell on Mon, 2012-03-19 17:04 Section: Daily Dispatches5p ET Monday, March 19, 2012
Dear Friend of GATA and Gold:
Physical demand for precious metals cuts short-sellers off, Turk says
Submitted by cpowell on Mon, 2012-03-19 14:03 Section: Daily Dispatches2p ET Monday, March 19, 2012
Dear Friend of GATA and Gold (and Silver):
GoldMoney founder and GATA consultant James Turk today tells King World News that the precious metals have been pushed down as far as the short-sellers can push them and now physical demand has cut them off. An excerpt from the interview is posted at the King World News blog here:
U.S. may sanction India over its Iran oil imports
Submitted by cpowell on Sun, 2012-03-18 22:33 Section: Daily DispatchesBy Indira A.R. Lakshmanan and Pratish Narayanan
Bloomberg News
Thursday, March 15, 2012
http://www.bloomberg.com/news/2012-03-15/u-s-may-sanction-india-over-lev...
FT notices 'financial repression' again but still doesn't question central bankers about it
Submitted by cpowell on Sun, 2012-03-18 17:47 Section: Daily DispatchesMaybe in another 10 or 20 years news organizations like the Financial Times will try to interview central bankers about the specific mechanisms of "financial represssion," including intervention in the gold market.
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Financial Repression Fast Becoming a Reality
By Tony Jackson
Financial Times, London
Sunday, March 18, 2012
Alasdair Macleod: Eurozone banks and contagion risk
Submitted by cpowell on Sun, 2012-03-18 11:57 Section: Daily Dispatches11:55a ET Sunday, March 18, 2012
Dear Friend of GATA and Gold:
Economist and former banker Alasdair Macleod, writing at GoldMoney, predicts that not just the debt of the marginal European Union nations but all government debt will soon be impugned by Greece's bond default. Macleod's commentary is headlined "Eurozone Banks and Contagion Risk" and it's posted at GoldMoney here:
Reuters' James Saft tells Buffett that gold is insurance against bad money
Submitted by cpowell on Sun, 2012-03-18 11:48 Section: Daily DispatchesWhat Is Gold For?
By James Saft
Reuters
Friday, March 16, 2012
http://www.reuters.com/article/2012/03/16/us-column-gold-saft-idUSBRE82F...
An apparent economic recovery and a recent tumble in the price of gold has investors wondering if the precious metal has lost its place in a portfolio.
Brazil vows to protect manufacturing with currency devaluation
Submitted by cpowell on Sun, 2012-03-18 11:37 Section: Daily DispatchesBy Joe Leahy
Financial Times, London
Friday, March 16, 2012
http://www.ft.com/intl/cms/s/0/b1d9f05a-6f8b-11e1-b368-00144feab49a.html
BRASILIA -- Brazil's finance minister has vowed to hold down the value of the real and enact new measures to protect domestic industries, in an attempt to revive the country's slumping economic growth.
Financial Sense Newshour interviews Ted Butler on silver market rigging
Submitted by cpowell on Sat, 2012-03-17 12:08 Section: Daily Dispatches12:10p ET Saturday, March 17, 2012
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler, discoverer of the long-term rigging of the silver market via the concentrated short position in the futures market, is interviewed about the market rigging today by Jim Puplava on the Financial Sense Newshour. You can listen to it here:
Counterintuitive takedowns in gold drawing notice, Norini tells King World News
Submitted by cpowell on Sat, 2012-03-17 11:50 Section: Daily Dispatches11:49a ET Saturday, March 17, 2012
Dear Friend of GATA and Gold (and Silver):
Central banks pounce on falling gold, buying it through BIS
Submitted by cpowell on Sat, 2012-03-17 11:17 Section: Daily DispatchesBy Jack Farchy
Financial Times, London
Friday, March 16, 2012
http://www.ft.com/intl/cms/s/0/4f9a6076-6f92-11e1-b3f9-00144feab49a.html
A sharp fall in gold prices has triggered large purchases of bullion by central banks in recent weeks, according to several traders with knowledge of the transactions.