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Daily Dispatches
Embry: Even insiders expect EU's collapse, and FT's anti-gold propaganda gets worse
Submitted by cpowell on Tue, 2016-10-18 12:50 Section: Daily Dispatches12:52p ET Tuesday, October 18, 2016
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry, interviewed today by King World News, notes that even insiders are doubting the future of the European Union and that the Financial Times is becoming more desperate in its anti-gold propaganda:
Ross Norman: Why a gold benchmark is still needed and why London fix is best
Submitted by cpowell on Tue, 2016-10-18 11:40 Section: Daily DispatchesBy Ross Norman, CEO
Sharps Pixley Bullion Brokers, London
http://www.sharpspixley.com/
Tuesday, October 18, 2016
My thoughts on GATA Secretary/Treasurer Chris Powell's most recent reply to me, which can be found here:
Deutsche Bank's confession may lead to more disclosures of market rigging
Submitted by cpowell on Tue, 2016-10-18 11:17 Section: Daily Dispatches11:19a ET Tuesday, October 18, 2016
Dear Friend of GATA and Gold:
Deutsche Bank's agreement to pay $38 million to settle class-action antitrust lawsuits charging the bank with being part of a cabal that was rigging the silver market --
http://www.gata.org/node/16847
-- seems important for at least three reasons:
TF Metals Report: Deutsche Bank's silver-rigging settlement is bigger than it looks
Submitted by cpowell on Tue, 2016-10-18 10:46 Section: Daily Dispatches10:47a ET Tuesday, October 18, 2016
Dear Friend of GATA and Gold:
Deutsche Bank to pay $38 million for rigging silver, encouraging other settlements
Submitted by cpowell on Mon, 2016-10-17 23:30 Section: Daily DispatchesDeutsche Bank to Pay $38 Million in U.S. Silver Price-Fixing Case
By Nate Raymond
Reuters
Monday, October 17, 2016
NEW YORK -- Deutsche Bank AG has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed today.
Even insiders know that the EU is doomed, Turk tells KWN
Submitted by cpowell on Mon, 2016-10-17 14:33 Section: Daily Dispatches2:35p ET Monday, October 17, 2016
Dear Friend of GATA and Gold:
Interviewed today by King World News, GoldMoney founder and GATA consultant James Turk says that even members of the political and financial establishment understand that the European Union project has been botched and is doomed. An excerpt from the interview is posted at KWN here:
Reply to Ross Norman: Is GATA discouraging gold investment?
Submitted by cpowell on Mon, 2016-10-17 14:07 Section: Daily Dispatches2:16p ET Monday, October 17, 2016
Dear Friend of GATA and Gold:
Under the circumstances Ross Norman, CEO of London bullion dealer Sharps Pixley, was pretty heroic with his cordial reply today --
http://www.gata.org/node/16842
-- to the questions your secretary/treasurer publicly posed to him Saturday:
China, Singapore boost gold pricing campaign in push for Asia
Submitted by cpowell on Mon, 2016-10-17 12:28 Section: Daily DispatchesBy Manolo Serapio Jr and Koustav Samanta
Reuters
Monday, October 17, 2016
SINGAPORE -- China is marketing its yuan gold price to foreign exchanges and Singapore is looking at bringing London's gold benchmark to users in Asia, in moves meant to boost the region's exposure and influence in the global bullion market. ...
Singapore makes another bid for Asia to help set gold price
Submitted by cpowell on Mon, 2016-10-17 08:39 Section: Daily DispatchesBy Manolo Serapio Jr.
Reuters
Monday, October 17, 2016
SINGAPORE -- Singapore will study the possibility of bringing the gold benchmark pricing in London to users in Asia in a move that would also allow market participants in the world's top consuming region to help set the price of bullion.
Ross Norman: Central bank manipulation of gold wouldn't surprise me
Submitted by cpowell on Mon, 2016-10-17 08:12 Section: Daily DispatchesBy Ross Norman, CEO
Sharps Pixley Bullion Brokers, London
Sunday, October 16, 2016
GATA Secretary Chris Powell has invited me to reply to his October 15 commentary --
http://www.gata.org/node/16839
-- in which he replied to my article of the 14th, wherein I rebutted an academic study that concluded that the London gold price fix was manipulated: