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Daily Dispatches
Somebody is regularly profiting by front-running the Reserve Bank of Australia
Submitted by cpowell on Wed, 2015-04-08 06:25 Section: Daily DispatchesASIC Looks at RBA over Currency Trading Anomaly
By Vesna Poljiak
Sydney Morning Herald
Wednesday, April 8, 2015
Unusual trading in the Australian dollar seconds ahead of each of the past three Reserve Bank of Australia policy outcomes could be a result of insider leaks, automated algorithmic trading during a market lull, or shrewd guesses.
A billion dollars disappears from little Moldova's banking system
Submitted by cpowell on Wed, 2015-04-08 06:07 Section: Daily DispatchesBy Mihaela Rodina
Agence France-Presse
via Yahoo News
Wednesday, April 8, 2015
CHISINAU, Moldova -- A billion dollars is a lot for Europe's poorest state of Moldova -- particularly when it disappears.
Russia ready to offer Greeks cash in return for assets
Submitted by cpowell on Tue, 2015-04-07 11:50 Section: Daily DispatchesBy Tom Parfitt and Mehreen Khan
The Telegraph, London
Tuesday, April 7, 2015
Russia could offer debt-ridden Greece controversial loans and discounts on supplies of natural gas in exchange for the country's "assets," according to reports in Moscow.
Alexis Tsipras, Greece's prime minister, is due to arrive in the city today and will meet Vladimir Putin, Russia's president, on Wednesday.
World Bank chief endorses rival Asian Infrastructure Investment Bank
Submitted by cpowell on Tue, 2015-04-07 11:44 Section: Daily DispatchesBy Shawn Donnan
Financial Times, London
Tuesday, April 7, 2015
The World Bank's US-appointed president has vowed to find "innovative" ways to work with a new Chinese-led Asian infrastructure bank, welcoming it as a "major new player" in the world of development.
Ted Butler: An unavoidable comparison
Submitted by cpowell on Tue, 2015-04-07 10:58 Section: Daily Dispatches10:58a ET Tuesday, April 7, 2015
Dear Friend of GATA and Gold:
ECB scheming to change Greek government coalition, Turk tells KWN
Submitted by cpowell on Tue, 2015-04-07 06:55 Section: Daily Dispatches6:54a ET Tuesday, April 7, 2015
Dear Friend of GATA and Gold:
Gold market manipulation cited in discussion of Sun editor's 'The Floating Kilogram'
Submitted by cpowell on Mon, 2015-04-06 13:36 Section: Daily Dispatches1:35p ET Monday, April 6, 2015
Dear Friend of GATA and Gold:
LBMA admits gold market can't be transparent with central banks in it
Submitted by cpowell on Mon, 2015-04-06 13:31 Section: Daily Dispatches12:32p ET Monday, April 6, 2015
Dear Friend of GATA and Gold:
Central bank involvement may prevent the London gold market from ever becoming really transparent, the chief executive of the London Bullion Market Association has told a Bank of England study group.
The Philippines, another rich country insisting on being poor
Submitted by cpowell on Mon, 2015-04-06 09:55 Section: Daily DispatchesTrillion-Dollar Goldmine For Philippine Economy Emerging From Murky Pit
By Ralph Jennings
Forbes.com, Jersey City, New Jersey
Sunday, April 5, 2015
The Philippines holds the world's second largest gold reserves, and applications from foreign mining firms are piling up to tap that plus a list of other metals that basically just sit under the ground now.
Mongolia PM confirms agreement in principle on Rio Tinto mine
Submitted by cpowell on Mon, 2015-04-06 09:07 Section: Daily DispatchesBy Lucy Hornby
Financial Times, London
Monday, April 6, 2015
BEIJING -- Mongolia says it has broken the deadlock in negotiations about Phase 2 of Rio Tinto's $12.6 billion Oyu Tolgoi gold and copper mine, as the resource-rich country seeks to woo back foreign investors.