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Daily Dispatches

Barron, Griffiths, Pento, and Ing comment at King World News

Section: Daily Dispatches

10:45a AEST Friday, October 18, 2013

Dear Friend of GATA and Gold:

King World News has collected gold-related reaction to the temporary resolution of the debt ceiling issue in Washington.

From mining entrepreneur Keith Barron:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/17_T...

Central bank and hedge fund bear raids push gold from West to East, Rickards says

Section: Daily Dispatches

1p AEST Thursday, October 17, 2013

Dear Friend of GATA and Gold:

Central bank and hedge fund bear raids have knocked gold futures prices down in the West only to increase demand for real metal in Asia, fund manager and geopolitical strategist James G. Rickards tells Bloomberg News in a video interview this week. It's posted at GoldSilver.com here:

http://tinyurl.com/pvs4mqs

China could control financial system with gold-backed currency, Leeb says

Section: Daily Dispatches

8a AEST Thursday, October 17, 2013

Dear Friend of GATA and Gold:

Mark Mahaffey: Why gold production is going to go to zero

Section: Daily Dispatches

7:53a AEST Thursday, October 17, 2013

Dear Friend of GATA and Gold:

Without much higher gold prices the gold mining industry is dead, Hinde Capital co-founder and Chief Financial Officer Mark Mahaffey writes this week, noting that the shares of many gold mining companies are down as much as 90 percent because the cost of production is higher than the metal's declining price.

Embry scoffs at Lassonde's claim that central bankers ignore gold

Section: Daily Dispatches

10:32p AEST Wednesday, October 16, 2013

Dear Friend of GATA and Gold:

Interviewed by King World News, Sprott Asset Management's John Embry says he is astonished by mining entrepreneur and former World Gold Council Chairman Pierre Lassonde's assertion to MineWeb last week that central bankers pay no attention to gold:

http://www.gata.org/node/13105

Morgan seen ready to admit almost manipulating a market

Section: Daily Dispatches

JPMorgan Expected to Admit Fault in 'London Whale' Trading Loss

By Ben Protess and Jessica Silver-Greenberg
The New York Times
Tuesday, October 15, 2013

http://dealbook.nytimes.com/2013/10/15/jpmorgan-said-to-reach-deal-with-...

Jim Rickards predicts how gold price suppression will end

Section: Daily Dispatches

1:21p AEST Wednesday, October 16, 2013

Dear Friend of GATA and Gold:

Interviewed by Fabrice Drouin Ristori for the Goldbroker Internet site, fund manager and geopolitical strategist James G. Rickards predicts how the Western central bank gold price suppression scheme will end and what signs likely will precede it. The interview is posted at Goldbroker here:

The gold mining industry is pretty useless, Grandich laments

Section: Daily Dispatches

12:41p AEST Wednesday, October 15, 2013

Dear Friend of GATA and Gold:

Market analyst and mining company consultant Peter Grandich today laments the gold mining industry's failure to support GATA.

Ambrose Evans-Pritchard: Watch what China does with U.S. debt, not what it says

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, October 15, 2013

So much for the hot rhetoric from Beijing questioning the creditworthiness of US debt and consigning the US dollar to the dustbin of history.

The latest data shows that China's foreign reserves soared by $163 billion in the third quarter to $3.66 trillion, one of the biggest jumps ever.

GLD being looted to feed Asian demand, Kaye tells KWN

Section: Daily Dispatches

12:05p AEST Wednesday, October 16, 2013

Dear Friend of GATA and Gold:

Hong Kong-based fund manager William Kaye today tells King World News that the gold exchange-traded fund GLD is being looted to meet gold demand in Asia.

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