You are here

Daily Dispatches

Alasdair Macleod: The bursting of China's credit bubble

Section: Daily Dispatches

8:51p ET Friday, March 14, 2014

Dear Friend of GATA and Gold:

Was that Russia transferring dollar holdings offshore?

Section: Daily Dispatches

By: Patti Domm
CNBC, New York
Friday, March 14, 2014

http://www.cnbc.com/id/101495837

The Fed's custody holdings report is usually a sleeper, but this week there was a whopping withdrawal by some central bank. And while there's no evidence, speculation is that it was Russia.

Koos Jansen: Abandoning gold standard enriched financial class

Section: Daily Dispatches

6:55p ET Friday, March 14, 2014

Dear Friend of GATA and Gold:

Sprott may join manipulation suit; von G says asset gains in dollars are illusory

Section: Daily Dispatches

4:30p ET Friday, March 14, 2014

Dear Friend of GATA and Gold:

Sprott Asset Management CEO Eric Sprott today tells King World News that the increasingly public complaints about gold market manipulation have begun to liberate the gold price and he is considering becoming part of a class-action lawsuit against the banks that have been accused of manipulation:

UBS discloses it is reviewing its precious metals business

Section: Daily Dispatches

By Chad Gray and Neil Gough
The New York Times
Friday, March 14, 2014

LONDON -- The Swiss bank UBS said on Friday that it was conducting an internal review of its precious metals business amid expanding regulatory investigations into potential manipulation of interest rates and the price of commodities and currencies.

Beyond irony: U.S. sues banks for suppressing interest rates

Section: Daily Dispatches

U.S. Regulator Sues 16 Banks for Rigging Key Interest Rate

By Nate Raymond
Reuters
Friday, March 14, 2014

NEW YORK -- The Federal Deposit Insurance Corporation sued 16 of the world's largest banks on Friday, accusing them of colluding to suppress interest rates.

Bundesbank's president says it aims to hasten gold repatriation

Section: Daily Dispatches

Bundesbank President Attacks Angela Merkel's Policies

By Claire Jones
Financial Times, London
Thursday, March 13, 2014

FRANKFURT, Germany -- The head of Germany's Bundesbank has attacked Chancellor Angela Merkel's reform agenda, warning that changes to the labour market and the coalition’s softer tone on the country’s trade surplus risk weakening the eurozone's economic powerhouse.

Currency war is intensifying and will be highly inflationary, Ing tells KWN

Section: Daily Dispatches

3p ET Thursday, March 13, 2014

Dear Friend of GATA and Gold:

Canadian fund manager John Ing tells King World News today that the worldwide currency war is intensifying and will become highly inflationary. Meanwhile, he says, Chinese interests keep adding gold mining companies to their shopping list. An excerpt from the interview is posted at the King World News blog here:

McEwen acknowledges central bank intervention against gold, cites GATA

Section: Daily Dispatches

10:40p ET Wednesday, March 12, 2014

Dear Friend of GATA and Gold:

GATA got a compliment yesterday from Goldcorp founder Rob McEwen, now CEO of McEwen Mining --

http://mcewenmining.com/

-- who seems to have become the first major mining executive to speak candidly about and to acknowledge central bank intervention against the price of gold.

Pages