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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
Goodbye, zinc rally: CME Group creates futures contract, engages JPM to rig price
Submitted by cpowell on Wed, 2015-05-20 08:10 Section: Daily DispatchesBy Luc Cohen
Reuters
Monday, May 18, 2015
CME Group Inc. said on Monday it would launch a zinc futures contract next month, stepping up a global battle for metals market share with the London Metal Exchange amid expanding Asian markets.
Why India's latest gold paperization scheme will fail like the last one
Submitted by cpowell on Wed, 2015-05-20 00:15 Section: Daily DispatchesGold Monetization: Tax-free Interest on Deposits Is Good but Scheme May Fall Short on Many Counts
By S. Murlidharan
Firstpost, Noida, India
Wednesday, May 20, 2015
http://www.firstpost.com/business/gold-monetisation-tax-free-interest-on...
Correspondence: How do the market riggers rationalize what they do?
Submitted by cpowell on Tue, 2015-05-19 22:18 Section: Daily DispatchesTuesday, May 19, 2015
Dear GATA:
I just listened to GATA Secretary/Treasurer Chris Powell's interview with Dave Kranzler and Rory Hall on last week's "Shadow of Truth" program --
TF Metals Report: GLD drain accelerates again
Submitted by cpowell on Tue, 2015-05-19 13:00 Section: Daily Dispatches1p ET Tuesday, May 19, 2015
Dear Friend of GATA and Gold:
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