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Daily Dispatches

At least three banks seen central to LIBOR rigging

Section: Daily Dispatches

By Carrick Mollenkamp and Emily Flitter
Reuters
Saturday, July 28, 2012

http://www.reuters.com/article/2012/07/28/us-banking-libor-traders-idUSB...

New details from court documents and sources close to the Libor scandal investigation suggest that groups of traders working at three major European banks were heavily involved in rigging global benchmark interest rates.

EU may criminalize commodities price distortion

Section: Daily Dispatches

Then all they'd have to do is find someone willing to enforce the law.

* * *

By Barbara Lewis
Reuters
Thursday, July 26, 2012

http://www.reuters.com/article/2012/07/26/eu-benchmarks-idUSL6E8IQEL7201...

Gold will rise sharply soon, Hathaway tells King World News

Section: Daily Dispatches

9:31p ET Wednesday, July 25, 2012

Dear Friend of GATA and Gold:

New York Sun: Ron Paul's triumph

Section: Daily Dispatches

9:07p ET Wednesday, July 25, 2012

Dear Friend of GATA and Gold:

Applauding U.S. Rep. Ron Paul for having gotten the House of Representatives to pass legislation for a full audit of the Federal Reserve, the New York Sun says tonight:

House approves Paul's legislation to audit Federal Reserve

Section: Daily Dispatches

By Joshua Zumbrun
Bloomberg News
Wednesday, July 25, 2012

http://www.bloomberg.com/news/2012-07-25/fed-audit-bill-opposed-by-berna...

WASHINGTON -- The U.S. House of Representatives today approved legislation that would subject the Federal Reserve to an audit of monetary policy, including deliberations over changes to the benchmark interest rate.

Paul Craig Roberts interview: All investment avenues are rigged

Section: Daily Dispatches

1p ET Wednesday, July 25, 2012

Dear Friend of GATA and Gold:

Fed has destroyed money and capital markets, Stockman tells Casey Research

Section: Daily Dispatches

12:27p ET Wednesday, July 25, 2012

Dear Friend of GATA and Gold:

Alex Daley of Casey Research this week interviews former U.S. budget director David Stockman and gets him to remark that Federal Reserve intervention has destroyed the money and capital markets. The interview is posted at the Casey Research Internet site here:

Ben Davies: Seeking value in a world of financial repression

Section: Daily Dispatches

10:58p ET Tuesday, July 24, 2012

Dear Friend of GATA and Gold:

Four years ago, at GATA's Washington conference, your secretary/treasurer remarked that there were no markets anymore, just interventions --

http://www.gata.org/node/6242

-- and, last year, elaborating at the Cheviot Asset Management Sound Money Conference in London --

http://www.gata.org/node/9545

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