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Daily Dispatches
NY State investigators think Feds missed the bulk of big banks' forex rigging
Submitted by cpowell on Fri, 2015-05-22 08:49 Section: Daily DispatchesBanks Probed Over Automated Forex Deals
Gina Chon and Ben McLannahan
Financial Times, London
Friday, May 22, 2015
Alasdair Macleod: Inaccurate statistics and the threat to bonds
Submitted by cpowell on Thu, 2015-05-21 21:23 Section: Daily Dispatches9:22p ET Thursday, May 21, 2015
Dear Friend of GATA and Gold:
Bron Suchecki: Indian gold monetization scheme a temporary solution
Submitted by cpowell on Thu, 2015-05-21 21:13 Section: Daily Dispatches9:12p ET Thursday, May 21, 2015
Dear Friend of GATA and Gold:
Reuters: CME developing European gold futures contract
Submitted by cpowell on Thu, 2015-05-21 13:54 Section: Daily DispatchesIs it to increase deliveries, as the sources tell Reuters, or just to paperize London more?
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By Clara Denina and Jan Harvey
Reuters
Thursday, May 21, 2015
Von Greyerz asks: How much gold do West and China really have?
Submitted by cpowell on Thu, 2015-05-21 12:52 Section: Daily Dispatches12:50p ET Thursday, May 21, 2015
Dear Friend of GATA and Gold:
As debt collapses of its own weight and brings derivatives down with it, Swiss gold fund manager Egon von Greyerz tells King World News today, the determinant of the world's new financial system will be a matter of who has gold and who doesn't. An excerpt from von Greyerz's interview is posted at the KWN blog here:
TF Metals Report: India's gold scheme would create more imaginary gold
Submitted by cpowell on Thu, 2015-05-21 11:34 Section: Daily Dispatches11:34a ET Thursday, May 21, 2015
Dear Friend of GATA and Gold:
Koos Jansen: China's gold purchases -- separating facts from speculation
Submitted by cpowell on Thu, 2015-05-21 08:35 Section: Daily Dispatches8:35a ET Thursday, May 21, 2015
Dear Friend of GATA and Gold:
Bloomberg imagines a wild price for gold if it ever formally backed Chinese yuan
Submitted by cpowell on Wed, 2015-05-20 11:30 Section: Daily DispatchesChinese Gold Standard Would Need a Rate 50 Times Bullion's Price
By Nicholas Larkin and Eddie Van Der Walt
Bloomberg News
Wednesday, May 20, 2015
A move to a gold standard in China would require an exchange rate of as much as $64,000 an ounce, 50 times bullion's price now, according to Bloomberg Intelligence.
Indian banks doubt that gold paperization scheme will do much
Submitted by cpowell on Wed, 2015-05-20 11:24 Section: Daily DispatchesIndia's Gold Monetisation Plan Lacks Lustre, Industry Says
By A. Ananthalakshmi and Rajendra Jadhav
Reuters
Wednesday, May 20, 2015
A proposal in India to attract thousands of tonnes of gold owned by households into a bank deposit scheme will likely fail in its current form as it does not address some key concerns for banks and consumers.
Big banks plead guilty to currency market-rigging conspiracy, will pay $5.8 billion
Submitted by cpowell on Wed, 2015-05-20 10:51 Section: Daily DispatchesSo much for mere conspiracy "theory."
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Six Banks Pay $5.8 Billion, Five Plead Guilty to Market Rigging
By David McLaughlin, Tom Schoenberg, Liam Vaughan
Bloomberg News
Wednesday, May 20, 2015
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