Daily Dispatches

Risk off? Having sold most of its own, IMF now lauds gold as 'safe asset'

Submitted by cpowell on Wed, 2012-04-11 23:55 Section: Daily Dispatches

IMF Warns of Fresh Global Threat

By Robin Harding
Financial Times, London
Wednesday, April 11, 2012

http://www.ft.com/intl/cms/s/0/b597638c-83e8-11e1-9d54-00144feab49a.html

WASHINGTON -- A growing shortage of safe assets poses a new threat to global financial stability, the International Monetary Fund warned on Wednesday.

Read more about Risk off? Having sold most of its own, IMF now lauds gold as 'safe asset'

Europe's banks beached as ECB stimulus runs dry

Submitted by cpowell on Wed, 2012-04-11 23:39 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, April 11, 2012

http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/919851...

Read more about Europe's banks beached as ECB stimulus runs dry

Avery Goodman: Morgan Stanley's failure to segregate client assets creates default risk

Submitted by cpowell on Wed, 2012-04-11 11:26 Section: Daily Dispatches

11:23a ET Wednesday, April 11, 2012

Dear Friend of GATA and Gold:

Securities lawywer Avery Goodman warns about another scheme by Morgan Stanley to lure precious metals investors into buying something less than real metal. Goodman's warning is headlined "Morgan Stanley's Failure to Segregate Client Assets Creates Default Risk" and it's posted at Seeking Alpha here:

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Rob Kirby: Blythe Masters lays an egg

Submitted by cpowell on Tue, 2012-04-10 23:40 Section: Daily Dispatches

11:34p ET Tuesday, April 10, 2012

Dear Friend of GATA and Gold (and Silver):

Read more about Rob Kirby: Blythe Masters lays an egg

Mike Kosares: Surging central bank gold demand will guide bull market

Submitted by cpowell on Tue, 2012-04-10 23:32 Section: Daily Dispatches

11:28p ET Tuesday, April 10, 2012

Dear Friend of GATA and Gold:

Read more about Mike Kosares: Surging central bank gold demand will guide bull market

Strong bids for gold 'came out of nowhere,' Norcini tells King World News

Submitted by cpowell on Tue, 2012-04-10 23:24 Section: Daily Dispatches

11:22p ET Tuesday, April 10, 2012

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini, interviewed today by King World News, marvels at the sudden trouncing administered to gold shorts today. Strong bids for the metal "came out of nowhere," Norcini says. An excerpt from the interview is posted at the King World News blog here: