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Daily Dispatches
Possible discrepancy in GLD's gold bar accounting
Submitted by cpowell on Mon, 2014-07-28 12:08 Section: Daily Dispatches12:05p ET Monday, July 28, 2014
Dear Friend of GATA and Gold:
The Perth Mint's Bron Suchecki today calls attention to what seems like a serious discrepancy in the gold exchange-traded fund GLD's accounting of its gold bars. The discrepancy is headlined "GLD Trade Spreadsheet vs. GLD Bar List" and is detailed at the Screwtape Files blog here:
Lloyds Bank fined $370 million for rigging Libor
Submitted by cpowell on Mon, 2014-07-28 11:18 Section: Daily DispatchesBy Matt Scuffham and Huw Jones
Reuters
Monday, July 28, 2014
Britain's Lloyds Banking Group has agreed to pay fines totaling $370 million to U.S. and British authorities investigating its part in a global interest rate rigging scandal and manipulating fees for a UK government lending scheme.
Alasdair Macleod: The coming slump
Submitted by cpowell on Mon, 2014-07-28 08:27 Section: Daily Dispatches8:27a ET Monday, July 28, 2014
Dear Friend of GATA and Gold:
Gene Arensberg: Comex swap dealers hedging a massive long play on silver?
Submitted by cpowell on Sun, 2014-07-27 20:22 Section: Daily Dispatches8:20p ET Sunday, July 27, 2014
Dear Friend of GATA and Gold:
Gold and bitcoin fuel demand for each other in India
Submitted by cpowell on Sun, 2014-07-27 11:59 Section: Daily DispatchesGold for Bitcoin Is New Fad as E-Currency Count Nears 500 Mark
By the Press Trust of India
via Business Standard, New Delhi
Sunday, July 27, 2014
http://www.business-standard.com/article/pti-stories/gold-for-bitcoin-ne...
Another class-action suit charges gold market manipulation
Submitted by cpowell on Sun, 2014-07-27 11:32 Section: Daily Dispatches11:30a ET Sunday, July 27, 2014
Dear Friend of GATA and Gold:
Brief video touts 'The Coming Silver Shortage'
Submitted by cpowell on Sun, 2014-07-27 11:09 Section: Daily Dispatches11:07a ET Sunday, July 27, 2014
Dear Friend of GATA and Gold:
Arensberg: Goldman's scare tactics failing; Maguire: Smashdowns spur offtake
Submitted by cpowell on Sat, 2014-07-26 15:00 Section: Daily Dispatches3p ET Saturday, July 26, 2014
Dear Friend of GATA and Gold:
Deutsche Bank, HSBC accused of silver fix manipulation
Submitted by cpowell on Sat, 2014-07-26 09:25 Section: Daily DispatchesBy Patricia Hurtado
Bloomberg News
Saturday, July 26, 2014
NEW YORK -- Deutsche Bank, HSBC Holdings, and Bank of Nova Scotia were accused in a lawsuit of rigging the price of billions of dollars in silver, an allegation similar to earlier suits involving the London gold fix.
Options expiration's influence on gold cited by Eric Sprott
Submitted by cpowell on Fri, 2014-07-25 16:31 Section: Daily Dispatches4:30p ET Friday, July 25, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management's Eric Sprott, interviewed today by Sprott Money News for the weekly market wrapup, joins those calling attention to the suppressive influence on the gold price by the imminent futures contract options expiration. The interview is six minutes long and can be heard at the Sprott Money Internet site here: