Daily Dispatches

GoldMoney's Turk interviews Sprott's Embry on gold's bullish future

Submitted by cpowell on Sun, 2012-05-20 13:23 Section: Daily Dispatches

1:20p ET Sunday, May 20, 2012

Dear Friend of GATA and Gold:

Read more about GoldMoney's Turk interviews Sprott's Embry on gold's bullish future

Greg Canavan: The physical gold market -- from the weak to the strong

Submitted by cpowell on Sat, 2012-05-19 13:05 Section: Daily Dispatches

1p 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.

Read more about Greg Canavan: The physical gold market -- from the weak to the strong

Jesse's Cafe Americain dismisses Doug Casey's 'canard'

Submitted by cpowell on Fri, 2012-05-18 21:54 Section: Daily Dispatches

9:50p 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:

Read more about Jesse's Cafe Americain dismisses Doug Casey's 'canard'

Andy Borowitz on the phoniness of the financial markets

Submitted by cpowell on Fri, 2012-05-18 17:06 Section: Daily Dispatches

5:10p 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.

Read more about Andy Borowitz on the phoniness of the financial markets

Only market manipulation props up Facebook IPO at first day's close

Submitted by cpowell on Fri, 2012-05-18 16:48 Section: Daily Dispatches

Facebook 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

Read more about Only market manipulation props up Facebook IPO at first day's close

Davies says gold smash is over; Sprott sees bank runs

Submitted by cpowell on Fri, 2012-05-18 16:31 Section: Daily Dispatches

4:30p 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...

Read more about Davies says gold smash is over; Sprott sees bank runs

Morgan's trading losses rip off public because of ZIRP, Rickards says

Submitted by cpowell on Fri, 2012-05-18 10:36 Section: Daily Dispatches

10:35a ET Friday, May 18, 2012

Dear Friend of GATA and Gold:

Read more about Morgan's trading losses rip off public because of ZIRP, Rickards says

Embargoes push Iran into remonetizing gold

Submitted by cpowell on Fri, 2012-05-18 10:26 Section: Daily Dispatches

Turkish 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.