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Daily Dispatches
Bank of Korea cuts dollar reserves by 3%
Submitted by cpowell on Fri, 2012-03-30 08:43 Section: Daily DispatchesBy Eunkyung Se
Bloomberg News
Friday, March 30, 2012
http://www.bloomberg.com/news/2012-03-30/bok-s-dollar-holdings-fell-to-6...
SEOUL, South Korea -- South Korea, Asia's fourth-largest economy, pared the share of dollars in its foreign-exchange reserves to the lowest level since the global financial crisis erupted in 2007.
Canada will scrap the penny this year; nickel next?
Submitted by cpowell on Thu, 2012-03-29 20:05 Section: Daily DispatchesCanada to Scrap the Penny This Year
By Steven Chase
The Globe and Mail, Toronto
Thursday, March 29, 2012
http://www.theglobeandmail.com/news/politics/ottawa-to-scrap-the-penny-t...
Canada is scrapping the penny, ending production of the country's smallest unit of currency this spring.
Gold has bottomed at $1,650, silver at $32, Turk tells King World News
Submitted by cpowell on Thu, 2012-03-29 18:00 Section: Daily Dispatches6p ET Thursday, March 29, 2012
Dear Friend of GATA and Gold:
Fed's pervasive market meddling will end disastrously, Norcini says
Submitted by cpowell on Thu, 2012-03-29 14:55 Section: Daily Dispatches2:53p ET Thursday, March 29, 2012
Dear Friend of GATA and Gold:
Futures market analyst Dan Norcini today tells King World News that the Federal Reserve is now messing with markets so pervasively that the result is "havoc" that will "end disastrously." An excerpt from the interview is posted at the King World News blog here:
MineWeb notes new Mylchreest report on gold price manipulation
Submitted by cpowell on Thu, 2012-03-29 08:55 Section: Daily Dispatches8:51a ET Thursday, March 29, 2012
Dear Friend of GATA and Gold:
Debt has overwhelmed world's productive capacity, Sprott tells King World News
Submitted by cpowell on Thu, 2012-03-29 01:00 Section: Daily Dispatches1a ET Thursday, March 29, 2012
Dear Friend of GATA and Gold:
Restore national sovereignty: Repatriate all gold reserves
Submitted by cpowell on Thu, 2012-03-29 00:16 Section: Daily Dispatches12:17a ET Thursday, March 29, 2012
Dear Friend of GATA and Gold:
Eric Sprott and David Baker: Who would dump all that metal so fast?
Submitted by cpowell on Wed, 2012-03-28 22:22 Section: Daily Dispatches10:22p ET Wednesday, March 28, 2012
Dear Friend of GATA and Gold (and Silver):
In their new market commentary, Eric Sprott and David Baker of Sprott Asset Management in Toronto remark at length on the manipulation of the gold and silver markets through paper trading grossly disproportionate to the amount of real metal likely to be available. Sprott and Baker write:
Chris Martenson: Gold is manipulated (but that's OK)
Submitted by cpowell on Wed, 2012-03-28 14:20 Section: Daily Dispatches2:21p ET Wednesday, March 28, 2012
Dear Friend of GATA and Gold:
Trillions in printing still needed to save Europe, von Greyerz says
Submitted by cpowell on Wed, 2012-03-28 12:49 Section: Daily Dispatches12:48p ET Wednesday, March 28, 2012
Dear Friend of GATA and Gold:
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