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Daily Dispatches
Jan Skoyles: Vietnam's new war -- against gold
Submitted by cpowell on Thu, 2012-08-02 12:12 Section: Daily Dispatches12:05p ET Thursday, August 2, 2012
Dear Friend of GATA and Gold:
South Korean central bank says it bought 16 tonnes of gold in July
Submitted by cpowell on Wed, 2012-08-01 21:51 Section: Daily DispatchesReal gold or paper gold? And who has actual custody of it? Nobody's asking so the central bank isn't telling. So much for financial journalism.
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By Christine Kim
Reuters
Thursday, August 2, 2012
http://www.reuters.com/article/2012/08/02/korea-economy-reserves-idUSL4E...
Turk sees another U.S. debt downgrade and gold explosion
Submitted by cpowell on Wed, 2012-08-01 17:37 Section: Daily Dispatches5:33p ET Wednesday, August 1, 2012
Dear Friend of GATA and Gold:
Treasury prepares for negative-rate bidding in bond auctions
Submitted by cpowell on Wed, 2012-08-01 13:33 Section: Daily DispatchesThe more that real interest rates are negative, the more "financial repression" and gold price suppression are required to keep the currency alive and defend it against competitors that don't depreciate so quickly.
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U.S. Treasury Plans Floating-Rate Notes in Year or More
By Meera Louis and Cheyenne Hopkins
Bloomberg News
Wednesday, August 1, 2012
Swiss National Bank overwhelmed in desperate campaign to devalue franc
Submitted by cpowell on Tue, 2012-07-31 23:03 Section: Daily DispatchesSwitzerland Is 'New China' in Currencies
By Alice Ross
Financial Times, London
Tuesday, July 31, 2012
http://www.ft.com/intl/cms/s/0/d3176586-db29-11e1-be74-00144feab49a.html
There is a "new China" active in the currency markets, according to analysts, as Switzerland's battle to weaken the franc inflates its stockpile of foreign currency reserves.
Embry, Leeb share monetary metals optimism with King World News
Submitted by cpowell on Mon, 2012-07-30 21:17 Section: Daily Dispatches9:15p ET Monday, July 30, 2012
Dear Friend of GATA and Gold:
Got Gold Report: Most important silver COT chart for 2012
Submitted by cpowell on Mon, 2012-07-30 21:02 Section: Daily Dispatches9p Monday, July 30, 2012
Dear Friend of GATA and Gold:
Ron Paul: 'Audit the Fed' moves forward
Submitted by cpowell on Mon, 2012-07-30 11:59 Section: Daily DispatchesBy U.S. Rep. Ron Paul
Monday, July 30, 2012
http://www.paul.house.gov/index.php?option=com_content&view=article&id=1...
Hathaway sees $100 up days for gold; Macleod sees quick death for euro
Submitted by cpowell on Mon, 2012-07-30 07:37 Section: Daily Dispatches7:31a ET Monday, July 30, 2012
Dear Friend of GATA and Gold:
Tocqueville Gold Fundmanager John Hathaway tells King World News that new inflationary action by the Federal Reserve is likely to cause daily increases of $100 in gold soon:
And economist Alasdair Macleod, writing at GoldMoney, predicts a surprisingly quick death for the euro:
At least three banks seen central to LIBOR rigging
Submitted by cpowell on Sat, 2012-07-28 16:07 Section: Daily DispatchesBy 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.