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Daily Dispatches
Swiss lose battle in currency war, which could spread
Submitted by cpowell on Sun, 2015-01-18 11:31 Section: Daily DispatchesBy Aurelia End
Agence France-Presse
via Yahoo News
Sunday, January 18, 2015
http://news.yahoo.com/swiss-lose-battle-currency-war-could-spread-061754...
PARIS -- Historically neutral Switzerland's foray into the global currency war ended in defeat this past week after its central bank left markets shell-shocked by abandoning the franc's exchange rate floor, analysts said.
Swiss franc trade is said to wipe out Everest's main hedge fund
Submitted by cpowell on Sat, 2015-01-17 19:14 Section: Daily DispatchesSwiss Franc Trade Is Said to Wipe Out Everest's Main Fund
By Katherine Burton
Bloomberg News
Saturday, January 17, 2015
Swiss turmoil vindicates hard assets, Sprott says
Submitted by cpowell on Sat, 2015-01-17 10:03 Section: Daily Dispatches10a ET Saturday, January 17, 2015
Dear Friend of GATA and Gold:
Morgan may have to start shorting sewage sludge too
Submitted by cpowell on Sat, 2015-01-17 09:43 Section: Daily DispatchesSewage Sludge Could Contain Millions of Dollars Worth of Gold
By Warren Cornwall
Science Magazine, Washington
Friday, January 16, 2015
If the holy grail of medieval alchemists was turning lead into gold, how much more magical would it be to draw gold from, well, poop?
New York Sun: Switzerland shows the absurdity of the fiat money system
Submitted by cpowell on Sat, 2015-01-17 09:37 Section: Daily DispatchesThe Doughty Swiss
From the New York Sun
Saturday, January 17, 2015
World Gold Council CEO says gold's future is physical. (So much for GLD.)
Submitted by cpowell on Fri, 2015-01-16 14:04 Section: Daily Dispatches2p ET Friday, January 16, 2015
Dear Friend of GATA and Gold:
The World Gold Council, creator of the gold exchange-traded fund GLD, yesterday announced an agreement in principle with the Shanghai Gold Exchange to develop the Shanghai Free-Trade Zone as a global gold market.
In a press release --
John Hathaway: Gold market has been rigged but trust in the riggers is declining
Submitted by cpowell on Fri, 2015-01-16 09:41 Section: Daily Dispatches9:40a ET Friday, January 16, 2015
Dear Friend of GATA and Gold:
Gold market rigging by central banks and their investment bank agents is the main topic of the year-end investor letter by John Hathaway, portfolion manager for Tocqueville Asset Management.
Koos Jansen: China continues to drain global gold inventory
Submitted by cpowell on Fri, 2015-01-16 07:40 Section: Daily Dispatches7:40a ET Friday, January 16, 2015
Dear Friend of GATA and Gold:
Michael Santoli: Central banks are increasingly desperate to control everything
Submitted by cpowell on Fri, 2015-01-16 00:21 Section: Daily DispatchesWhy Should the Swiss Central Bank Action Matter to You?
By Michael Santoli
Yahoo Finance, New York
Thursday, January 16, 2015
... A less tangible but undeniable result of the Swiss move is to deepen the sense that the world's central banks are increasingly desperate to experiment in a bid to control currencies, capital flows, and economic fortunes.
How can you tell if a central banker is lying? He moves his lips
Submitted by cpowell on Thu, 2015-01-15 23:43 Section: Daily DispatchesSwiss Give Scary Lesson on Central Banks' Limits
By Swaha Pattanaik
Reuters
Thursday, January 15, 2015
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