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Daily Dispatches
Asian demand for gold blunts West's price suppression, Kaye tells KWN
Submitted by cpowell on Thu, 2014-10-02 08:42 Section: Daily Dispatches8:40a ET Thursday, October 2, 2014
Dear Friend of GATA and Gold:
Hong Kong trader William Kaye today tells King World News today that demand for gold is high in Asia, contrary to some reports in the West, and this offtake will blunt the paper trading of the gold price suppression policy in the West:
Gold sales at Perth Mint reach 11-month high as prices retreat
Submitted by cpowell on Thu, 2014-10-02 08:26 Section: Daily DispatchesBy Phoebe Sedgman
Bloomberg News
Thursday, October 2, 2014
MELBOURNE, Australia -- Gold sales from Australia's Perth Mint, which refines all the bullion output in the world's second-biggest producer, climbed 89 percent in September to the highest level in almost a year as prices declined.
Gold, silver price suppression is 'mission critical' for Fed, Barron tells KWN
Submitted by cpowell on Wed, 2014-10-01 15:58 Section: Daily Dispatches3:55p ET Wednesday, October 1, 2014
Dear Friend of GATA and Gold:
Banks pull out of dozens of benchmarks after rate-rigging scandals
Submitted by cpowell on Wed, 2014-10-01 14:17 Section: Daily DispatchesBy Daniel Schafer
Financial Times, London
Wednesday, October 1, 2014
Some of the world's largest banks have stopped contributing to dozens of financial benchmarks to avoid further litigation risk in the wake of the Libor and foreign exchange rate rigging scandals.
Join Sprott, Rule, and Embry on Oct. 7 to discuss the prospects for the monetary metals
Submitted by cpowell on Wed, 2014-10-01 13:53 Section: Daily Dispatches1:52p ET Wednesday, October 1, 2014
Dear Friend of GATA and Gold:
GATA's friends from Sprott Asset Management -- Eric Sprott, Rick Rule, and John Embry -- will get together for an hour at 2 p.m. ET Tuesday, October 7, to discuss the prospects for the precious metals, and you can join them via the Internet. Just register here:
Bottom bounce will be historic rally for monetary metals, Leeb says
Submitted by cpowell on Wed, 2014-10-01 13:43 Section: Daily Dispatches1:42p ET Wednesday, October 1, 2014
Dear Friend of GATA and Gold:
Fund manager Stephen Leeb tells King World News today that the next bottom in the monetary metals will commence a historic rally:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/30_A_...
CHRIS POWELL, Secretary/Treasurer
Mike Kosares: Why China thinks gold is the buy of the century
Submitted by cpowell on Tue, 2014-09-30 17:20 Section: Daily Dispatches5:17p ET Tuesday, September 30, 2014
Dear Friend of GATA and Gold:
BIS is main mechanism for manipulating the gold market, Rickards says
Submitted by cpowell on Tue, 2014-09-30 14:20 Section: Daily Dispatches2:15p ET Tuesday, September 30, 2014
Dear Friend of GATA and Gold:
Interviewed by the Turkish financial journalist Erkan Oz at the Forex World conference in Istanbul last week, fund manager and author James G. Rickards remarked that central banks use the Bank for International Settlements for manipulating the gold market.
Koos Jansen: China aims to exceed U.S. in gold reserves
Submitted by cpowell on Tue, 2014-09-30 13:37 Section: Daily Dispatches1:37p ET Tuesday, September 30, 2014
Dear Friend of GATA and Gold:
The president of the China Gold Association, gold researcher and GATA consultant Koos Jansen discloses today, argues that China should accumulate gold reserves greater than those of the United States because gold is a strategic asset, money without counterparty risk.
Ned Naylor-Leyland: Journalist can and should publish his report on silver rigging
Submitted by cpowell on Tue, 2014-09-30 13:23 Section: Daily DispatchesBy Ned Naylor-Leyland
Investment Director
Quilter Cheviot Investment Management
London, England, United Kingdom
Tuesday, September 30, 2014