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Daily Dispatches
Alasdair Macleod: The Fed's in a bind
Submitted by cpowell on Thu, 2015-12-03 14:04 Section: Daily Dispatches2p ET Thursday, December 3, 2015
Dear Friend of GATA and Gold:
If the Federal Reserve really starts raising interest rates, ending decades of declining credit costs, it may prompt a vast change in world economic conditions, GoldMoney research director Alasdair Macleod writes today.
Goldman Sachs has plan for investment banks to issue their own currency
Submitted by cpowell on Thu, 2015-12-03 13:39 Section: Daily DispatchesGoldman Sachs Files Patent for Virtual Settlement Currency
By Jennifer Hughes
Financial Times, London
Thursday, December 3, 2015
Goldman Sachs has made a patent application for a cryptocurrency settlement system in a move that underlines bank hopes that the architecture behind bitcoin can revolutionise global payments.
India targets temple gold hoard to rescue monetization plan
Submitted by cpowell on Thu, 2015-12-03 13:28 Section: Daily DispatchesCall it "paperization."
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By Rajendra Jadhav and Krishna N. Das
Reuters
Thursday, December 3, 2015
India is trying to persuade rich temples to deposit some of their gold hoards with banks to revive a plan to recycle tonnes of the precious metal and cut gold imports, sources said.
Fed uses leaks to 'steer market expectations,' study finds
Submitted by cpowell on Wed, 2015-12-02 20:37 Section: Daily DispatchesUC Berkeley Professor, Research Team Find Evidence of Information Leaks by Fed
By Anderson Lanham
The Daily Californian
Berkeley, California
Monday, November 30, 2015
http://www.dailycal.org/2015/11/30/uc-berkeley-professor-research-team-f...
At London conference Tocqueville's Hathaway denounces Comex
Submitted by cpowell on Wed, 2015-12-02 10:47 Section: Daily Dispatches10:45a ET Wednesday, December 2, 2015
Dear Friend of GATA and Gold:
Reporting from the Mines and Money conference in London, Sharps Pixley's Lawrie Williams writes that the Tocqueville Gold Fund's John Hathaway denounced the New York Commodities Exchange's gold contract as "fiction -- a casino for paper gold."
Indian government official floats idea of national gold exchange
Submitted by cpowell on Wed, 2015-12-02 10:23 Section: Daily DispatchesAre the LBMA and the Comex not good enough for India too?
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By A. Ananthalakshmi and Rajendra Jadhav
Reuters
December 2, 2015
A senior Indian government official this week floated the idea of setting up a national gold exchange to overhaul physical trade in the world's second-biggest bullion market.
NOW they tell us: Ron Paul, Kitco's Cambone discuss gold market manipulation
Submitted by cpowell on Wed, 2015-12-02 00:36 Section: Daily Dispatches12:39a ET Tuesday, December 2, 2015
Dear Friend of GATA and Gold:
'Paper manipulation in the gold market has become a joke,' Ing tells KWN
Submitted by cpowell on Tue, 2015-12-01 21:59 Section: Daily Dispatches9:58p ET Tuesday, December 1, 2015
Dear Friend of GATA and Gold:
John Ing of market research organization Maison Placements in Toronto today tells King World News that China is purchasing huge amounts of gold and that "the ongoing paper manipulation in the gold market has become a joke." His interview is excerpted at KWN here:
New York Times starts pounding away at gold standard's revival
Submitted by cpowell on Tue, 2015-12-01 20:40 Section: Daily DispatchesThe dangerous old idea of limited and accountable government must be gaining ground.
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The Good Old Days of the Gold Standard? Not Really, Historians Say
By Binyamin Appelbaum
The New York Times
Tuesday, December 1, 2015
WASHINGTON -- Republicans unhappy with the Federal Reserve are circulating an idea that long ago lost currency with most economists: a gold standard.
Lew says U.S. to ensure dollar remains top reserve currency
Submitted by cpowell on Tue, 2015-12-01 20:33 Section: Daily DispatchesThat means gold price suppression and all sorts of market rigging forever.
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By Michelle Jamrisko
Bloomberg News
Tuesday, December 1, 2015
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