Daily Dispatches

ETFs face review by U.K. Serious Fraud Office

Submitted by cpowell on Wed, 2011-07-06 15:14 Section: Daily Dispatches

By Lindsay Fortado and Kevin Crowley
Bloomberg News
Wednesday, July 6, 2011

http://www.bloomberg.com/news/2011-07-05/exchange-traded-funds-marketing...

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Iranians go for gold amid inflation and currency fears

Submitted by cpowell on Wed, 2011-07-06 10:41 Section: Daily Dispatches

Higher prices increase demand rather than reduce it.

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By Mitra Amiri
Reuters
Wednesday, July 6, 2011

http://www.reuters.com/article/2011/07/06/us-iran-gold-coins-idUSTRE7652...

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New Chinese exchange will destroy gold and silver shorts, whistleblower Maguire predicts

Submitted by cpowell on Wed, 2011-07-06 08:42 Section: Daily Dispatches

8:34a ET Wednesday, July 6, 2011

Dear Friend of GATA and Gold (and Silver):

Silver market manipulation whistleblower Andrew Maguire, whose complaint was brought to the U.S. Commodity Futures Trading Commission's hearing on the gold and silver markets a year ago March, tells King World News that the new Pan Asia Gold Exchange will create demand that will destroy the gold and silver shorts.

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High-frequency trading confirmed as big influence on futures markets

Submitted by cpowell on Wed, 2011-07-06 00:07 Section: Daily Dispatches

CFTC Data Reveal Day Traders' Role in Volatile Oil Markets

By Gregory Meyer
Financial Times, London
Tuesday, July 5, 2011

http://www.ft.com/intl/cms/s/0/b29b2b1e-a743-11e0-b6d4-00144feabdc0.html

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Currency wars continue, Brazil's finance minister warns

Submitted by cpowell on Tue, 2011-07-05 23:57 Section: Daily Dispatches

By Chris Giles and John Paul Rathbone
Financial Times, London
Wednesday, July 5, 2011

http://www.ft.com/intl/cms/s/0/36ee3298-a731-11e0-b6d4-00144feabdc0.html

Brazil is preparing a range of additional measures to stem the damaging rise of the real as the global currency war shows no signs of ending, according to Guido Mantega, the country's finance minister.