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Daily Dispatches
Join GATA at Vancouver and California resource conferences
Submitted by cpowell on Thu, 2011-12-08 15:03 Section: Daily Dispatches3:04p ET Thursday, December 8, 2011
Dear Friend of GATA and Gold (and Silver):
With central bank intervention against the precious metals becoming more blatant as the international banking, fiat money, and crony capitalist systems come undone, recognition of the traditional role of the monetary metals is growing, and, with it, recognition that resource companies may become banks of a sort.
Murray Pollitt: Bond investors soon may be less mesmerized
Submitted by cpowell on Thu, 2011-12-08 14:36 Section: Daily Dispatches2:35p ET Thursday, December 8, 2011
Dear Friend of GATA and Gold:
Embry comments to King World News about today's intervention against gold
Submitted by cpowell on Thu, 2011-12-08 13:59 Section: Daily Dispatches2p ET Thursday, December 8, 2011
Dear Friend of GATA and Gold (and Silver):
King World News just got an interview with Sprott Asset Management's John Embry about today's central bank intervention against gold. Embry takes it a little more calmly than some of us do, remarking:
BIS, Bank of England, Fed reported to have sold gold today
Submitted by cpowell on Thu, 2011-12-08 13:17 Section: Daily Dispatches1:23p ET Thursday, December 8, 2011
Dear Friend of GATA and Gold:
John Crudele: Bloomberg News confirms that stock market was rigged
Submitted by cpowell on Thu, 2011-12-08 08:29 Section: Daily DispatchesFix Was In: Bloomberg Mag Seconds a Scoop
By John Crudele
New York Post
Thursday, December 8, 2011
http://www.nypost.com/p/news/business/fix_was_in_bloomberg_mag_seconds_t...
So now do you believe me? The stock market was rigged.
It has been a little lonely telling this story over the past few years.
Hinde's Davies talks with MineWeb about intervention against gold
Submitted by cpowell on Thu, 2011-12-08 00:30 Section: Daily Dispatches12:30a ET Thursday, December 8, 2011
Dear Friend of GATA and Gold (and Silver):
Interviewed this week by MineWeb's Geoff Candy, Hinde Capital CEO Ben Davies talks about central bank intervention in the gold market and gold's re-establishment as money, preferably trading freely rather than as part of a gold standard. Audio as well as text of the interview are posted at MineWeb here:
Bix Weir: Join the holiday silver drive
Submitted by cpowell on Wed, 2011-12-07 22:28 Section: Daily Dispatches10:23p ET Wednesday, December 7, 2011
Dear Friend of GATA and Gold (and Silver):
Ron Hera interviews Hugo Salinas Price about remonetizing silver
Submitted by cpowell on Wed, 2011-12-07 22:20 Section: Daily Dispatches10:16p ET Wednesday, December 7, 2011
Dear Friend of GATA and Gold (and Silver):
ECB's 'qualitative easing' is more 'quantitative easing,' Davies tells King World News
Submitted by cpowell on Wed, 2011-12-07 22:15 Section: Daily Dispatches10:12p ET Wednesday, December 7, 2011
Dear Friend of GATA and Gold:
Hinde Capital CEO Ben Davies tonight tells King World News that the European Central Bank's plan for "qualitative easing" will be a form of "quantitative easing," more money creation to prop up troublesome banks. An excerpt from the interview is posted at the King World News blog here:
Banks step up gold lending for dollars
Submitted by cpowell on Wed, 2011-12-07 16:58 Section: Daily Dispatches"'It's hard to understand,' said one New York-based bullion banker." No, it's not hard at all to understand in the context of the need of governments, central banks, bullion banks, and commercial banks to suppress the gold price during a crisis.
* * *
By Jack Farchy
Financial Times, London
Wednesday, December 7, 2011