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Daily Dispatches
World Gold Council consistently understates gold demand, Sprott charges
Submitted by cpowell on Tue, 2013-10-22 22:33 Section: Daily Dispatches9:30a ICT Wednesday, October 23, 2013
Dear Friend of GATA and Gold:
Gold demand statistics reported by the World Gold Council "consistently misrepresent reality" by understating metal flowing to Asia, Sprott Asset Management CEO Eric Sprott charges this week in an open letter to the council.
Talk shifts away from 'tapering' and toward increased bond buying
Submitted by cpowell on Tue, 2013-10-22 22:02 Section: Daily DispatchesFed Likely to Delay Taper After Disappointing US Jobs Data
By Katherine Rushton
The Telegraph, London
Tuesday, October 22, 2013
http://www.telegraph.co.uk/finance/economics/10396946/Fed-likely-to-dela...
China makes renminbi-trading agreement with Singapore
Submitted by cpowell on Tue, 2013-10-22 21:37 Section: Daily DispatchesBy Jeremy Grant and Josh Noble
Financial Times, London
Tuesday, October 22, 2013
http://www.ft.com/intl/cms/s/0/f3fe0f00-3ae8-11e3-87fa-00144feab7de.html
China is to further internationalise its currency by allowing Singapore-based investors to buy renminbi-denominated securities, paving the way for direct trading between the two countries' currencies.
Ambrose Evans-Pritchard: Euro exit fever reaches heart of French establishment
Submitted by cpowell on Tue, 2013-10-22 02:59 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, October 21, 2013
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100025855/fr...
Calls for EMU breakup are spreading into the upper echelons of the French foreign policy establishment, and the pro-European core.
High rates no option, Embry says; Russell at least knows gold's point
Submitted by cpowell on Tue, 2013-10-22 02:44 Section: Daily Dispatches1:40p ICT Tuesday, October 22, 2013
Dear Friend of GATA and Gold:
Either debt structure or currency will be destroyed, Embry says
Submitted by cpowell on Mon, 2013-10-21 22:32 Section: Daily Dispatches9:26a ICT Tuesday, October 22, 2013
Dear Friend of GATA and Gold:
China aiming for 'de-Americanized world’ with renminbi replacing dollar
Submitted by cpowell on Mon, 2013-10-21 00:54 Section: Daily DispatchesBy Andrew Critchlow
The Telegraph, London
Sunday, October 20, 2013
http://www.telegraph.co.uk/finance/commodities/10392620/China-aiming-for...
Eric Sprott, Grant Williams, and Egon von Greyerz at King World News
Submitted by cpowell on Mon, 2013-10-21 00:40 Section: Daily Dispatches11:39a ICT Monday, October 21, 2013
Dear Friend of GATA and Gold:
In an interview in two segments with King World News, Sprott Asset Management CEO Eric Sprott marvels at the dichotomy between demand for gold and silver and the decline of futures prices:
Paper gold will be dumped for real metal, Grant Williams tells KWN
Submitted by cpowell on Fri, 2013-10-18 19:40 Section: Daily Dispatches10:37a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
Singapore fund manager Grant Williams tells King World News that someday, maybe soon, paper gold is going to be dumped for the real thing:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/18_A...
CHRIS POWELL, Secretary/Treasurer
TF Metals Report: Bullion banks pillaging GLD for metal
Submitted by cpowell on Fri, 2013-10-18 19:34 Section: Daily Dispatches10:30a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
The TF Metal Report's Turd Ferguson today reports more evidence that the gold exchange-trade fund GLD is being pillaged by the major bullion banks to cover short positions in gold elsewhere:
http://www.tfmetalsreport.com/blog/5167/pillaging-gld
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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