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Daily Dispatches
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
Swiss National Bank's reversal heralds financial meltdown, Celente tells KWN
Submitted by cpowell on Thu, 2015-01-15 20:20 Section: Daily Dispatches8:19p ET Thursday, January 15, 2015
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: World deflationary forces have swept away Swiss defenses
Submitted by cpowell on Thu, 2015-01-15 17:14 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, January 15, 2015
The Swiss National Bank has lost control. It is the latest in a list of venerable central banks to be overwhelmed by deflationary forces and global economic disorder.
The end of central bank power? Or the start of more 'financial repression'?
Submitted by cpowell on Thu, 2015-01-15 16:48 Section: Daily Dispatches4:57p ET Thursday, January 15, 2015
Dear Friend of GATA and Gold:
Former Wall Street trader and market commentator Bruce Krasting, in analysis publicized by Zero Hedge, argues that the Swiss National Bank's repudiation today of its pledge to peg the Swiss franc to the euro forever will mark the beginning of the end of central bank power.
Bron Suchecki: Straining at gold gnats while swallowing central bank camels
Submitted by cpowell on Thu, 2015-01-15 15:41 Section: Daily Dispatches3:51p ET Thursday, January 15, 2014
Dear Friend of GATA and Gold: