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Daily Dispatches
Colombia intervenes surreptitiously to push peso down
Submitted by cpowell on Wed, 2011-05-25 00:03 Section: Daily DispatchesColombia's Dollar Purchases Generate Angst In Forex Market
By Darcy Crowe
Dow Jones Newswires
via The Wall Street Journal
Tuesday, May 24, 2011
http://online.wsj.com/article/BT-CO-20110524-714164.html
BOGOTA, Colombia -- The Colombian peso has been roiled by a dose of fear in recent weeks spurred by discretionary government dollar purchases in the exchange market.
Similar tactics are easily implemented in the precious metals markets
Submitted by cpowell on Tue, 2011-05-24 23:55 Section: Daily DispatchesBut wanting prices down, governments never move against short-side manipulations. Instead governments assist them.
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US Sues Big Oil Traders for 2008 Manipulation
By Joshua Schneyer and Timothy Gardner
Reuters
Tuesday, May 24, 2011
http://www.reuters.com/article/2011/05/25/cftc-oil-manipulation-idUSN242...
Maybe someday they'll notice JPM's and HSBC's gold and silver custodianships
Submitted by cpowell on Tue, 2011-05-24 19:34 Section: Daily DispatchesLawmakers Alert Watchdog on LME Warehousers
By Pratimi Desai
Reuters
Tuesday, May 24, 2011
http://uk.reuters.com/article/2011/05/24/uk-committee-metals-idUKTRE74N3...
LONDON -- Anti-competition authorities may probe activity by large traders on the London Metal Exchange that also own warehouses, including investment bank JP Morgan, after lawmakers raised concerns.
Silver's tightness could take it to $125, Embry tells King World News
Submitted by cpowell on Tue, 2011-05-24 19:19 Section: Daily Dispatches7:11p ET Tuesday, May 24, 2011
Dear Friend of GATA and Gold (and Silver):
Join GATA at the Vancouver conference in June
Submitted by cpowell on Tue, 2011-05-24 13:28 Section: Daily Dispatches1:27p ET Tuesday, May 24, 2011
Dear Friend of GATA and Gold (and Silver):
Nothing is lovelier than Vancouver in June, except maybe Vancouver in June full of gold and silver and resource bugs. So please consider joining GATA at Cambridge House's World Resource Investment Conference in Vancouver on Sunday and Monday, June 5 and 6.
Gene Arensberg: Silver's parabolic corrections
Submitted by cpowell on Tue, 2011-05-24 12:36 Section: Daily Dispatches12:32p ET Tuesday, May 24, 2011
Dear Friend of GATA and Gold (and Silver):
Euro's father favors rigging the currency markets -- gold too?
Submitted by cpowell on Mon, 2011-05-23 22:18 Section: Daily Dispatches10:14p ET Monday, May 23, 2011
Dear Friend of GATA and Gold (and Silver):
Staggering summer rise likely for gold, Turk tells King World News
Submitted by cpowell on Mon, 2011-05-23 16:51 Section: Daily Dispatches4:50p ET Monday, May 23, 2011
Dear Friend of GATA and Gold (and Silver):
Interviewed today by King World News, GoldMoney founder and GATA consultant James Turk predicts a soaring summer for gold. Turk also thinks the bottom is in for silver. You can read an excerpt from the interview at the King World News blog here:
Amid monetary debasement, own monetary metals, Sperandeo tells Turk
Submitted by cpowell on Mon, 2011-05-23 01:18 Section: Daily Dispatches1:15a ET Monday, May 23, 2011
Dear Friend of GATA and Gold (and Silver):
GATA nails gold market, economist and money manager Auerback says
Submitted by cpowell on Mon, 2011-05-23 00:44 Section: Daily Dispatches12:42a ET Monday, May 23, 2011
Dear Friend of GATA and Gold (and Silver):
Interviewed about the world economic situation by our friend the German journalist Lars Schall, the frankly liberal and Keynesian economist and Toronto money manager Marshall Auerback fully credits GATA's work.