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Daily Dispatches
European central bank gold sales lowest since 1999 accord
Submitted by cpowell on Thu, 2013-10-10 23:32 Section: Daily DispatchesBy Claudia Carpenter
Bloomberg News
Friday, October 11, 2013
European central banks sold 5.1 metric tons of gold in the fourth year of an accord that originated in 1999, the lowest on record, according to data from the World Gold Council.
Commodity price benchmarks are wrong as often as 27% of the time
Submitted by cpowell on Thu, 2013-10-10 05:56 Section: Daily DispatchesBy Lananh Nguyen and Isaac Arnsdorf
Bloomberg News
Wednesday, October 9, 2013
http://www.bloomberg.com/news/2013-10-08/commodity-prices-wrong-as-often...
Grandich discusses gold market manipulation with Wall Street for Main Street
Submitted by cpowell on Thu, 2013-10-10 00:38 Section: Daily Dispatches12:36p ChST Thursday, October 10, 2013
Dear Friend of GATA and Gold:
Market analyst and mining company consultant Peter Grandich discusses gold market manipulation with Wall Street for Main Street's John Manfreda in a 19-minute interview posted at YouTube yesterday:
http://www.youtube.com/watch?v=Zy_vq3oI8u4&feature=youtu.bef
CHRIS POWELL, Secretary/Treasurer
Pierre Lassonde must not know the right central bankers
Submitted by cpowell on Wed, 2013-10-09 20:15 Section: Daily Dispatches8:21a ChST Thursday, October 10, 2013
Dear Friend of GATA and Gold:
Gold mining entrepreneur Pierre Lassonde, a former chairman of the World Gold Council, this week told MineWeb's Geoff Candy that central bankers hardly ever think about gold, much less think about the manipulation of its price.
TF Metals Report: Goldman buys gold after panicking speculators to sell
Submitted by cpowell on Wed, 2013-10-09 05:17 Section: Daily Dispatches5:14p ChST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
Turd Ferguson of the TF Metals Report goes into the fine print of market reports and finds that Goldman Sachs is buying gold whenever it helps to panic speculators into selling it:
http://www.tfmetalsreport.com/blog/5131/paging-dr-crane
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Von Greyerz: Money printing will destroy currencies without helping economies
Submitted by cpowell on Wed, 2013-10-09 04:45 Section: Daily Dispatches4:40p ChST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz tells King World News that central bank money printing will do nothing for national economies even as it will destroy currencies and cause a debt implosion:
Starved of gold, Indians may import record volumes of silver
Submitted by cpowell on Tue, 2013-10-08 22:20 Section: Daily DispatchesBy Siddesh Mayenkar
Reuters
Tuesday, October 8, 2013
MUMBAI -- Indian silver imports are on pace to hit a record high this year as the wedding and festival season drives up buying of the precious metal instead of the traditional gold, made scarcer and dearer by official measures aimed at cutting the trade gap.
Embry sees dollar devaluation as inevitable; Roberts says Fed will lend to Treasury
Submitted by cpowell on Tue, 2013-10-08 22:01 Section: Daily Dispatches10a CST Wednesday, October 9, 2013
Dear Friend of GATA and Gold:
At King World News, Sprott Asset Management's John Embry says gold price suppression is aimed at maintaining the U.S. dollar's status as world reserve currency a little longer but devaluation is inevitable since the country's liabilities are beyond repayment:
Comex and LBMA require market's ignorance, Tocqueville's Hathaway writes
Submitted by cpowell on Tue, 2013-10-08 06:16 Section: Daily Dispatches6:08p CST Tuesday, October 8, 2013
Dear Friend of GATA and Gold:
Tocqueville Gold Fund manager John Hathaway's quarterly letter to investors speaks plainly about market manipulation, citing "a gathering loss of investor credibility in traditional intermediaries between financial markets and bullion, such as the Comex and LBMA," the London Bullion Market Association.
Fed's only true purpose is to finance government, Turk tells KWN
Submitted by cpowell on Mon, 2013-10-07 20:04 Section: Daily Dispatches8a CST Tuesday, October 8, 2013
Dear Friend of GATA and Gold:
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