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Daily Dispatches
Chinese bank leased 63 tonnes of gold in 2011
Submitted by cpowell on Tue, 2012-03-06 07:52 Section: Daily DispatchesBy Polly Yam
Reuters
Tuesday, March 6, 2012
http://www.reuters.com/article/2012/03/06/icbc-gold-idUSL4E8E635H20120306
HONG KONG -- Industrial and Commercial Bank of China Ltd., the world's most valuable lender, said in a statement that its gold leasing business reached 62.8 tonnes of physical metal in 2011.
Situation 'desperate' for central banks, Turk tells King World News
Submitted by cpowell on Mon, 2012-03-05 14:55 Section: Daily Dispatches2:55p ET Monday, March 5, 2012
Dear Friend of GATA and Gold:
NYTimes lets Walker Todd denounce Fed for coddling big banks
Submitted by cpowell on Mon, 2012-03-05 11:20 Section: Daily Dispatches0.2% Interest? You Bet We'll Complain
By Gretchen Morgenson
The New York Times
Saturday, March 3, 2012
http://www.nytimes.com/2012/03/04/business/low-rates-for-savers-are-reas...
Stop your bellyaching.
That was the message delivered last Thursday to Americans who today make almost nothing on the savings in their bank accounts.
Last week's smash persuades MineWeb's Williams of gold market manipulation
Submitted by cpowell on Mon, 2012-03-05 08:33 Section: Daily Dispatches8:30a ET Monday, March 5, 2012
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams today writes that gold market manipulation was proven by last week's smashdown of gold by the dumping of paper gold, futures contracts. Williams' commentary is headlined "Sentiment Hit Hard by Big Gold Selloff -- Could Be More Falls to Come" and it's posted at MineWeb here:
Follow performance of stock exchanges and currencies as priced in gold
Submitted by cpowell on Sun, 2012-03-04 20:43 Section: Daily Dispatches8:40p ET Sunday, March 4, 2012
Dear Friend of GATA and Gold:
A new Internet site may be of interest to gold investors. Golden-Markets.com aims to follow the performance of major world stock exchanges and currencies as priced in gold:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
China expands yuan export settlement to all qualified companies
Submitted by cpowell on Sun, 2012-03-04 20:28 Section: Daily DispatchesBy Jim Jia
Bloomberg News
Friday, March 2, 2012
http://www.bloomberg.com/news/2012-03-02/china-expands-yuan-export-settl...
China expanded a trial of yuan settlement for exports to all companies qualified for foreign trade from a list of designated participants, the nation's central bank said on its website yesterday.
No physical selling to match paper gold smash, von Greyerz tells KWN
Submitted by cpowell on Sun, 2012-03-04 16:48 Section: Daily Dispatches4:45p ET Sunday, March 4, 2012
Dear Friend of GATA and Gold:
John Dizard: Gold flash crash rouses suspicions of witchcraft
Submitted by cpowell on Sun, 2012-03-04 10:08 Section: Daily DispatchesAnother patronizing journalist who will never try putting hard, specific questions to central banks, even though, as he implicitly acknowledges in his final paragraph, they plot to run the world in secret. All that is just to be taken for granted ... at least by journalists like himself.
* * *
Gold Flash Crash Rouses Suspicions of Witchcraft
By John Dizard
Allan Flynn: Wednesday's intervention -- too big to spoil?
Submitted by cpowell on Sat, 2012-03-03 13:08 Section: Daily Dispatches1p ET Saturday, March 3, 2012
Dear Friend of GATA and Gold:
Observations on last week's gold smashdown collected by our friend Allan Flynn suggest that the gold price suppression scheme has lost its cover. Flynn's commentary is headlined "Wednesday's Intervention -- Too Big to Spoil?" and it's posted at his blog here:
It's physical vs. paper, Embry tells Future Money Trends
Submitted by cpowell on Sat, 2012-03-03 10:40 Section: Daily Dispatches10:36a ET Saturday, March 3, 2012
Dear Friend of GATA and Gold: