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TF Metals Report: JPM will take December delivery, so gold is about to rally
Submitted by cpowell on Wed, 2013-10-30 10:30 Section: Daily Dispatches1:23a AEST Thursday, October 31, 2013
Dear Friend of GATA and Gold:
The TF Metals Report's Turd Ferguson says the latest gold futures market report from the U.S. Commodity Futures Trading Commission shows the major U.S. banks strongly long going into the December delivery month, with most of the bank long position likely held by JPMorganChase.
Ambrose Evans-Pritchard: JPM sees 'most extreme excess' of global liquidity ever
Submitted by cpowell on Tue, 2013-10-29 20:09 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, October 29, 2013
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100025974/jp...
If you think there is far too much money sloshing through the global financial system and causing unstable asset booms, you are not alone.
Andrew Maguire: Christian attacked me to defend the paper gold system
Submitted by cpowell on Tue, 2013-10-29 19:41 Section: Daily DispatchesBy Andrew Maguire
Tuesday, October 29, 2013
Last week an attack was made on me based on misinformation. The most important question to ask about it is: Why?
Attacks on Maguire aim to defend 'paper charade' in gold market, Kaye says
Submitted by cpowell on Tue, 2013-10-29 01:36 Section: Daily Dispatches4:35p AEST Tuesday, October 29, 2013
Dear Friend of GATA and Gold:
Embry surprised West lets its gold go; Turk says Asia sees undervaluation
Submitted by cpowell on Mon, 2013-10-28 20:57 Section: Daily Dispatches11:49a AEST Tuesday, October 29, 2013
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News he's surprised that the West is allowing a hastened transfer of gold to China:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/28_H...
With more exports, Indian gold traders drive up domestic prices
Submitted by cpowell on Mon, 2013-10-28 09:00 Section: Daily DispatchesBy Rajesh Bhayani
Business Standard, Mumbai
Monday, October 28, 2013
http://www.business-standard.com/article/markets/cartel-diverting-gold-m...
Gold traders and some big exporters seem to have come up together to form a cartel to keep domestic market gold prices artificially higher.
Should Oman drop the rial's peg to the dollar?
Submitted by cpowell on Sun, 2013-10-27 22:07 Section: Daily DispatchesBy Saleh Al Shaibany
The Times of Oman, Muscat
Sunday, October 27, 2013
http://www.timesofoman.com/News/Article-24535.aspx
The rial's peg to the dollar was a sensible decision taken four decades ago as the United States was driving the global economy, but its floundering finances and internal political bickering are forcing the once-mighty nation to lose its grip on the treasury.
Voice of Russia: The beginning of the end for the 'petrodollar'?
Submitted by cpowell on Sun, 2013-10-27 21:57 Section: Daily DispatchesBy Valentin Mandrasescu
Voice of Russia (Government Radio), Moscow
Sunday, October 27, 2013
http://voiceofrussia.com/2013_10_27/The-beginning-of-the-end-for-the-pet...
Sunday NYTimes front-pages an appeal for lots more inflation
Submitted by cpowell on Sun, 2013-10-27 00:31 Section: Daily DispatchesIn Fed and Out, Many Now Think Inflation Helps
By Binyamin Applebaum
The New York Times
Sunday, October 27, 2013
http://www.nytimes.com/2013/10/27/business/economy/in-fed-and-out-many-n...
Mike Kosares: Screen-traded fiat gold could get violent wake-up call
Submitted by cpowell on Sun, 2013-10-27 00:09 Section: Daily Dispatches11a ICT Sunday, October 27, 2013
Dear Friend of GATA and Gold:
Mike Kosares, proprietor of Centennial Precious Metals in Denver, has provided more evidence for his commentary a week ago --