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Daily Dispatches

Bron Suchecki: Why WGC's India gold policy won't cut imports much

Section: Daily Dispatches

11:45a CET Friday, December 12, 2014

Dear Friend of GATA and Gold:

The World Gold Council's proposal to the Indian government this week probably won't do much to address the government's main concern about gold, rupees leaving the country to purchase the monetary metal and thereby adding to the government's current account deficit.

TF Metals Report: Comex institutes trading collars for precious metals

Section: Daily Dispatches

10:15p CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

Yeah, sure, FT: 'Governor Mark Carney sweeps aside secrecy at Bank of England'

Section: Daily Dispatches

Of course not for records of the bank's gold transactions and those of its "customers." What puffery!

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Governor Mark Carney Sweeps Aside Secrecy at Bank of England

By Chris Giles
Financial Times, London
Thursday, December 11, 2014

Zero Hedge: Deutsche, Barclays algos busted for FX rigging

Section: Daily Dispatches

From ZeroHedge.com
Thursday, December 11, 2014

First it was humans. Now it is vacuum tubes.

Travelogue from London and Munich

Section: Daily Dispatches

11:57a CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

As oil falls against gold, mining profitability will improve, Leeb tells KWN

Section: Daily Dispatches

11a CET Thursday, December 11, 2014

Dear Friend of GATA and Gold:

Fund manager Stephen Leeb tells King World News that a steady-to-rising gold price against a collapsing oil price likely means greater profitability for gold mining companies. An excerpt from Leeb's interview is posted at the KWN blog here:

HSBC fires head of forex trading in London

Section: Daily Dispatches

From Dow Jones Newswires
via The Australian, Sydney
Wednesday, December 10, 2014

HSBC Holdings Plc has dismissed Stuart Scott, its London-based head of currencies trading, in connection with the global investigations that have led to the bank paying $620 million in fines on both sides of the Atlantic, according to a person familiar with the matter.

So who's making the movie about central banking?

Section: Daily Dispatches

Investors Tapped to Fund Gold Fraud Film

By Ben Bland
Financial Times, London
Wednesday, December 10, 2014

JAKARTA, Indonesia -- Two of the world's toughest mining tycoons battle it out with a star geologist, a chancer, and a dictator's children for control of one of the world's largest gold discoveries in the heart of the Indonesian jungle, until it is exposed as a huge fraud.

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