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Daily Dispatches
Armstrong says gold will rise when he gives the cue
Submitted by cpowell on Sun, 2013-05-05 16:55 Section: Daily Dispatches5:03p ET Sunday, May 5, 2013
Dear Friend of GATA and Gold:
In his latest market letter, financial analyst and forecaster Martin Armstrong asserts astonishingly that it doesn't matter whether there is any gold in Fort Knox:
http://armstrongeconomics.com/2013/05/02/is-there-gold-in-fort-knox/
Armstrong writes:
Gene Arensberg: Small traders are net short gold for first time as big traders cover
Submitted by cpowell on Fri, 2013-05-03 23:09 Section: Daily Dispatches11p ET Friday, May 3, 2013
Dear Friend of GATA and Gold:
The Got Gold Report's Gene Arensberg discloses tonight that small futures traders have done what they have never done before -- gone net short in gold -- while the big traders are furiously covering their short positions. Arensberg's report is posted at the GGR Internet site here:
Demand for metal remains enormous; fake silver eagles discovered in Ontario
Submitted by cpowell on Fri, 2013-05-03 21:11 Section: Daily Dispatches9:14p ET Friday, May 3, 2013
Dear Friend of GATA and Gold:
Bill Haynes of CMI Gold and Silver in Phoenix tells King World News today that the largest silver wholesaler in the United States has run out of 100-ounce bars:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/4_Lar...
Jeff Nielson: China's real gold reserves at 4,000 tonnes?
Submitted by cpowell on Fri, 2013-05-03 15:23 Section: Daily Dispatches3:20p ET Friday, May 3, 2013
Dear Friend of GATA and Gold:
JPMorgan caught in swirl of regulatory woes
Submitted by cpowell on Fri, 2013-05-03 14:05 Section: Daily DispatchesJPMorgan Caught in Swirl of Regulatory Woes
By Jessica Silver-Greenberg and Ben Protess
The New York Times
Friday, May 3, 2013
http://dealbook.nytimes.com/2013/05/02/jpmorgan-caught-in-swirl-of-regul...
Hong Kong gold retailers overwhelmed by mainland shoppers
Submitted by cpowell on Thu, 2013-05-02 23:40 Section: Daily DispatchesBy Gao Changxin
China Daily, Beijing
Thursday, May 2, 2013
http://www.chinadaily.com.cn/cndy/2013-05/02/content_16466595.htm
HONG KONG -- Hong Kong retailers report they were swamped over the three-day May Day holiday by tens of thousands of mainlanders in search of one thing: cheap gold.
Somebody is 'sitting on the gold price,' Tocqueville's Hathaway says
Submitted by cpowell on Thu, 2013-05-02 23:32 Section: Daily Dispatches11:30p ET Thursday, May 2, 2013
Dear Friend of GATA and Gold:
Bill Buckler's farewell: Denying gold market manipulation is silly
Submitted by cpowell on Thu, 2013-05-02 16:41 Section: Daily Dispatches4:48p ET Thursday, May 2, 2013
Dear Friend of GATA and Gold:
Bill Buckler, editor of the incisive The Privateer market letter, closed it down the other day after 29 years, sounding not just worn out from the work and needing a break but also a bit depressed by the world's increasing illiteracy in economics and maybe by the recent attack on gold as well.
Ambrose Evans-Pritchard: Italy should use gold reserves to change EMU policy
Submitted by cpowell on Thu, 2013-05-02 15:44 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 2, 2013
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100024392/it...
The World Gold Council has advised Italy to deploy its 2,000 tonnes of gold to break free of European Monetary Union austerity dictates.
Stock prices oblivious to U.S. economic performance, Embry says
Submitted by cpowell on Wed, 2013-05-01 10:15 Section: Daily Dispatches10:10a ET Wednesday, May 1, 2013
Dear Friend of GATA and Gold:
Interviewed today by King World News, Sprott Asset Management's John Embry discusses the grotesque disparity between stock prices and the continuing decline of the U.S. economy, as well as his expectation of a run out of gold paper into real metal. An excerpt from the interview is posted at the King World News blog here:
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