You are here
Daily Dispatches
Why such a manipulated and covert gold market?, Rickards asks
Submitted by cpowell on Fri, 2011-10-21 16:30 Section: Daily Dispatches4:25p ET Friday, October 21, 2011
Dear Friend of GATA and Gold:
Interviewed today by King World News, geopolitical analyst James G. Rickards laments the surreptitiousness and manipulativeness of the gold market. "Why do we have such a non-transparent, manipulated, covert system?," Rickards asks. "Why don't we have something that's more normal."
Russian central bank acquiring 'huge volumes' of gold
Submitted by cpowell on Fri, 2011-10-21 16:09 Section: Daily DispatchesFrom Reuters
Thursday, October 20, 2011
http://www.reuters.com/article/2011/10/20/russia-reserves-gold-idUSL5E7L...
MOSCOW -- The Russian central bank will continue raising the share of gold in its gold and foreign exchange reserves, the central bank First Deputy Chairman Alexei Ulyukayev said on Thursday.
Market manipulation and the second Great Depression
Submitted by cpowell on Fri, 2011-10-21 15:56 Section: Daily Dispatches3:45p ET Friday, October 21, 2011
Dear Friend of GATA and Gold:
Chris Powell: Where in the world is the gold?
Submitted by cpowell on Fri, 2011-10-21 15:39 Section: Daily DispatchesRemarks by Chris Powell
Secretary/Treasurer, Gold Anti-Trust Action Committee Inc.
Fall Dinner Meeting
Committee for Monetary Research and Education
Union League Club
New York, N.Y.
Thursday, October 20, 2011
Long wait for silver delivery in manipulated market, trader tells King World News
Submitted by cpowell on Fri, 2011-10-21 15:04 Section: Daily Dispatches3p ET Friday, October 21, 2011
Dear Friend of GATA and Gold (and Silver):
Silver supplies are tight, there are long waits for delivery, and market participants increasingly realize that the silver futures market is manipulated and has little bearing on the price of real metal, the King World News London trader source reports today:
Tocqueville's Hathaway muses about intervention against gold
Submitted by cpowell on Thu, 2011-10-20 23:48 Section: Daily Dispatches11:42p ET Thursday, October 20, 2011
Dear Friend of GATA and Gold:
Interviewed today by King World News, Tocqueville Gold Fund manager John Hathaway muses that central bank intervention against gold may have been undertaken to defend negotiations for more sovereign bailouts. You can find an excerpt from the interview at the King World News blog here:
Chinese buyers love gold's dips in London, King World News says
Submitted by cpowell on Thu, 2011-10-20 23:39 Section: Daily Dispatches11:40p ET Thursday, October 20, 2011
Dear Friend of GATA and Gold:
King World News tonight quotes a London metals trader as saying that Chinese buying greatly enjoys buying gold as the big commercial shorts push the market down and try to extricate themselves. You can read the report at the King World News blog here:
Even slipping toward $1,600, gold outperforms, Davies tells King World News
Submitted by cpowell on Thu, 2011-10-20 14:40 Section: Daily Dispatches2:40p ET Thursday, October 20, 2011
Dear Friend of GATA and Gold (and Silver):
Hinde Capital CEO Ben Davies today tells King World News that even as it has slipped back toward $1,600 gold is still performing better than most other assets and should resume its rise shortly. An excerpt from the interview has been posted at the King World News blog here:
Norcini, Leeb, Pento, and Turk at King World News
Submitted by cpowell on Thu, 2011-10-20 00:57 Section: Daily Dispatches12:56a ET Thursday, October 20, 2011
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini tonight tells King World News that volatility inspired by central banks and computer trading programs is overwhelming markets and perhaps heralding the collapse of the world financial system. An excerpt from the interview is posted at the King World News blog here:
As bunco artists go in the financial world, GATA is pretty small-time
Submitted by cpowell on Wed, 2011-10-19 23:30 Section: Daily Dispatches11:24p ET Wednesday, October 19, 2011
Dear Friend of GATA and Gold (and Silver):