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Daily Dispatches
A 'golden cross' likely for gold next week, Sprott tells KWN
Submitted by cpowell on Fri, 2014-03-14 21:25 Section: Daily Dispatches9:26p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Continuing his interview today with King World News, Sprott Asset Management CEO Eric Sprott says gold is likely to score a "golden cross" next week --
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/3/14_Er...
Hugo Salinas Price: We cannot get away from gold or silver
Submitted by cpowell on Fri, 2014-03-14 20:55 Section: Daily Dispatches8:55p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Alasdair Macleod: The bursting of China's credit bubble
Submitted by cpowell on Fri, 2014-03-14 20:49 Section: Daily Dispatches8:51p ET Friday, March 14, 2014
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Fire sale of US Treasuries warns of acute stress across the world
Submitted by cpowell on Fri, 2014-03-14 19:31 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Friday, March 14, 2014
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100026831/fi...
Was that Russia transferring dollar holdings offshore?
Submitted by cpowell on Fri, 2014-03-14 19:16 Section: Daily DispatchesBy: 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
Submitted by cpowell on Fri, 2014-03-14 18:56 Section: Daily Dispatches6:55p 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
Submitted by cpowell on Fri, 2014-03-14 16:33 Section: Daily Dispatches4:30p 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
Submitted by cpowell on Fri, 2014-03-14 16:08 Section: Daily DispatchesBy 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
Submitted by cpowell on Fri, 2014-03-14 16:04 Section: Daily DispatchesU.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
Submitted by cpowell on Fri, 2014-03-14 11:21 Section: Daily DispatchesBundesbank 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.