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Daily Dispatches
Central banks pull most gold in a decade from BIS
Submitted by cpowell on Thu, 2011-07-07 20:36 Section: Daily DispatchesDo they want to get it back in their own vaults before the fiat currencies hit the fan?
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By Jack Farchy
Financial Times, London
Thursday, July 7, 2011
http://www.ft.com/intl/cms/s/0/ce24275a-a8b5-11e0-b877-00144feabdc0.html
Embry concurs with Maguire: China will bury gold and silver shorts
Submitted by cpowell on Thu, 2011-07-07 11:13 Section: Daily Dispatches11:09a ET Thursday, July 7, 2011
Dear Friend of GATA and Gold (and Silver):
Matthew Lynn: What will replace dollar as global currency?
Submitted by cpowell on Thu, 2011-07-07 10:58 Section: Daily DispatchesBy Matthew Lynn
MarketWatch.com
Thursday, July 7, 2011
http://www.marketwatch.com/story/what-will-replace-the-dollar-as-global-...
LONDON -- In London last week some smart businessmen launched the country’s first gold ATM. Stick in your credit card or some cash, and the machine will swap your plastic or paper money for a small bar of the real stuff.
Gold is already the true reserve currency and silver will join it, Sprott tells BNN
Submitted by cpowell on Wed, 2011-07-06 23:41 Section: Daily Dispatches11:37p ET Wednesday, July 6, 2011
Dear Friend of GATA and Gold (and Silver):
ETFs face review by U.K. Serious Fraud Office
Submitted by cpowell on Wed, 2011-07-06 15:14 Section: Daily DispatchesBy Lindsay Fortado and Kevin Crowley
Bloomberg News
Wednesday, July 6, 2011
http://www.bloomberg.com/news/2011-07-05/exchange-traded-funds-marketing...
Iranians go for gold amid inflation and currency fears
Submitted by cpowell on Wed, 2011-07-06 10:41 Section: Daily DispatchesHigher prices increase demand rather than reduce it.
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By Mitra Amiri
Reuters
Wednesday, July 6, 2011
http://www.reuters.com/article/2011/07/06/us-iran-gold-coins-idUSTRE7652...
New Chinese exchange will destroy gold and silver shorts, whistleblower Maguire predicts
Submitted by cpowell on Wed, 2011-07-06 08:42 Section: Daily Dispatches8:34a ET Wednesday, July 6, 2011
Dear Friend of GATA and Gold (and Silver):
Silver market manipulation whistleblower Andrew Maguire, whose complaint was brought to the U.S. Commodity Futures Trading Commission's hearing on the gold and silver markets a year ago March, tells King World News that the new Pan Asia Gold Exchange will create demand that will destroy the gold and silver shorts.
High-frequency trading confirmed as big influence on futures markets
Submitted by cpowell on Wed, 2011-07-06 00:07 Section: Daily DispatchesCFTC Data Reveal Day Traders' Role in Volatile Oil Markets
By Gregory Meyer
Financial Times, London
Tuesday, July 5, 2011
http://www.ft.com/intl/cms/s/0/b29b2b1e-a743-11e0-b6d4-00144feabdc0.html
Currency wars continue, Brazil's finance minister warns
Submitted by cpowell on Tue, 2011-07-05 23:57 Section: Daily DispatchesBy Chris Giles and John Paul Rathbone
Financial Times, London
Wednesday, July 5, 2011
http://www.ft.com/intl/cms/s/0/36ee3298-a731-11e0-b6d4-00144feabdc0.html
Brazil is preparing a range of additional measures to stem the damaging rise of the real as the global currency war shows no signs of ending, according to Guido Mantega, the country's finance minister.
China scorned for resisting West's commodities market manipulation
Submitted by cpowell on Tue, 2011-07-05 23:48 Section: Daily DispatchesWTO Bolsters Complaints Over China Exports
By Jennifer M. Freedman
Bloomberg News
Tuesday, July 5, 2011
http://www.bloomberg.com/news/2011-07-05/wto-bolsters-complaints-over-ch...