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Daily Dispatches

Dear Wall Street Journal: You don't have to be a Nazi to question central banking

Section: Daily Dispatches

Tuesday, October 18, 2016

Editor, The Wall Street Journal
1211 Avenue of the Americas
New York, N.Y. 10036

Dear Editor:

Before your Bret Stephens again casually attributes anti-Semitism to complaints about central banking, as he did in his October 18 commentary, "The Plot Against America" --

http://www.wsj.com/articles/the-plot-against-america-1476745874

Embry: Even insiders expect EU's collapse, and FT's anti-gold propaganda gets worse

Section: Daily Dispatches

12:52p ET Tuesday, October 18, 2016

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry, interviewed today by King World News, notes that even insiders are doubting the future of the European Union and that the Financial Times is becoming more desperate in its anti-gold propaganda:

Ross Norman: Why a gold benchmark is still needed and why London fix is best

Section: Daily Dispatches

By Ross Norman, CEO
Sharps Pixley Bullion Brokers, London
http://www.sharpspixley.com/
Tuesday, October 18, 2016

My thoughts on GATA Secretary/Treasurer Chris Powell's most recent reply to me, which can be found here:

http://www.gata.org/node/16845

Deutsche Bank's confession may lead to more disclosures of market rigging

Section: Daily Dispatches

11:19a ET Tuesday, October 18, 2016

Dear Friend of GATA and Gold:

Deutsche Bank's agreement to pay $38 million to settle class-action antitrust lawsuits charging the bank with being part of a cabal that was rigging the silver market --

http://www.gata.org/node/16847

-- seems important for at least three reasons:

Deutsche Bank to pay $38 million for rigging silver, encouraging other settlements

Section: Daily Dispatches

Deutsche Bank to Pay $38 Million in U.S. Silver Price-Fixing Case

By Nate Raymond
Reuters
Monday, October 17, 2016

NEW YORK -- Deutsche Bank AG has agreed to pay $38 million to settle U.S. litigation over allegations it illegally conspired with other banks to fix silver prices at the expense of investors, according to court papers filed today.

Even insiders know that the EU is doomed, Turk tells KWN

Section: Daily Dispatches

2:35p ET Monday, October 17, 2016

Dear Friend of GATA and Gold:

Interviewed today by King World News, GoldMoney founder and GATA consultant James Turk says that even members of the political and financial establishment understand that the European Union project has been botched and is doomed. An excerpt from the interview is posted at KWN here:

Reply to Ross Norman: Is GATA discouraging gold investment?

Section: Daily Dispatches

2:16p ET Monday, October 17, 2016

Dear Friend of GATA and Gold:

Under the circumstances Ross Norman, CEO of London bullion dealer Sharps Pixley, was pretty heroic with his cordial reply today --

http://www.gata.org/node/16842

-- to the questions your secretary/treasurer publicly posed to him Saturday:

http://www.gata.org/node/16839

China, Singapore boost gold pricing campaign in push for Asia

Section: Daily Dispatches

By Manolo Serapio Jr and Koustav Samanta
Reuters
Monday, October 17, 2016

SINGAPORE -- China is marketing its yuan gold price to foreign exchanges and Singapore is looking at bringing London's gold benchmark to users in Asia, in moves meant to boost the region's exposure and influence in the global bullion market. ...

Singapore makes another bid for Asia to help set gold price

Section: Daily Dispatches

By Manolo Serapio Jr.
Reuters
Monday, October 17, 2016

SINGAPORE -- Singapore will study the possibility of bringing the gold benchmark pricing in London to users in Asia in a move that would also allow market participants in the world's top consuming region to help set the price of bullion.

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