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Disappearance of Western central bank gold becomes clear, Embry says
Submitted by cpowell on Mon, 2013-11-04 13:48 Section: Daily Dispatches1:45p ET Monday, November 4, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry today tells King World News that the disappearance of Western central bank gold reserves through leasing is becoming clearer but that central bank propaganda about Western economies has reached totalitarian levels. An excerpt from the interview is posted at the King World News blog here:
Probes into forex trading spread across globe
Submitted by cpowell on Sat, 2013-11-02 18:59 Section: Daily DispatchesBy Daniel Schäfer and Caroline Binham
Financial Times, London
Friday, November 1, 2013
http://www.ft.com/intl/cms/s/0/1d20d216-431b-11e3-9d3c-00144feabdc0.html
Much of West's gold is oversubscribed and unrecoverable, von Greyerz says
Submitted by cpowell on Sat, 2013-11-02 18:29 Section: Daily Dispatches6:21p ET Saturday, November 2, 2013
Dear Friend of GATA and Gold:
Interviewed by King World News, Swiss gold fund manager Egon von Greyerz notes disclosures by Sweden, Finland, France, and Austria that much of their gold reserves is not in their direct custody but rather almost certainly "leased" and thus probably way oversubscribed.
China uses paper gold smashes to drain London market, Maguire says
Submitted by cpowell on Sat, 2013-11-02 11:42 Section: Daily Dispatches8:35a PT Saturday, November 2, 2013
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News that the London gold market is in danger of default because of Chinese purchases of real metal when the Federal Reserve and its bullion bank agents smash the price of paper gold. An excerpt from the interview is posted at the King World News blog here:
GATA Chairman Murphy interviewed by Kitco News
Submitted by cpowell on Fri, 2013-11-01 15:49 Section: Daily Dispatches6:44a AEST Saturday, November 2, 2013
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy has been interviewed by Daniela Cambone of Kitco News about CPM Group's Jeffrey Christian's attack on silver market rigging whistleblower Andrew Maguire. The interview is six minutes long and can be viewed at the Kitco Internet site here:
West distorts bullish Chinese gold news, Kaye tells KWN
Submitted by cpowell on Fri, 2013-11-01 15:03 Section: Daily Dispatches6:03a AEST Saturday, November 2, 2013
Dear Friend of GATA and Gold:
Barclays said to suspend chief FX dealer, two others amid probe
Submitted by cpowell on Fri, 2013-11-01 14:54 Section: Daily DispatchesBy Gavin Finch
Bloomberg News
Friday, November 1, 2013
LONDON -- Barclays Plc has suspended three currency traders, including a chief dealer in London, amid a probe into potential foreign-exchange manipulation, according to a person with knowledge of the decision.
Alasdair Macleod: Finland admits leasing its gold, and maybe it's in Asia now
Submitted by cpowell on Fri, 2013-11-01 09:17 Section: Daily Dispatches12:10a AEST Saturday, November 2, 2013
Dear Friend of GATA and Gold:
As markets fall, central banks will undertake lots more QE, Grant Williams says
Submitted by cpowell on Fri, 2013-11-01 00:45 Section: Daily Dispatches3:40p AEST Friday, November 1, 2013
Dear Friend of GATA and Gold:
Stock markets are terribly vulnerable as they rise on little volume, Singapore fund manager Grant Williams tells King World News today, and as they fall, central banks will undertake lots more "quantitative easing." An excerpt from the interview is posted at the King World News blog here:
Barrick to issue $3.5 billion in shares, suspend work at Pascua-Lama
Submitted by cpowell on Fri, 2013-11-01 00:36 Section: Daily DispatchesBy Liezel Hill and Steven Frank
Bloomberg News
Friday, November 1, 2013
TORONTO -- Barrick Gold Corp., the world's largest producer of the metal, plans to sell shares to raise as much as $3.45 billion to help reduce its debt, which has increased this year as the price of the commodity declined.