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Daily Dispatches
Alasdair Macleod: How not to manage a currency
Submitted by cpowell on Thu, 2016-10-13 11:11 Section: Daily DispatchesBy Alasdair Macleod
GoldMoney.com, St. Helier, Jersey, Channel Islands
Thursday, October 13, 2016
Make no mistake, sterling's collapse is a very serious development, and has serious consequences for sterling interest rates.
It's getting harder to deny intervention against gold, Embry tells KWN
Submitted by cpowell on Wed, 2016-10-12 17:02 Section: Daily Dispatches5:03p ET Wednesday, October 12, 2016
Dear Friend of GATA and Gold:
It's becoming difficult if not impossible for a rational observer to deny government intervention against gold and silver in the monetary metals markets, Sprott Asset Management's John Embry tells King World News today. An excerpt from the interview is posted at KWN here:
LBMA chooses tech firms for new trade reporting
Submitted by cpowell on Wed, 2016-10-12 08:28 Section: Daily DispatchesLondon Gold Market Boosts Transparency with New Platform
By Henry Sanderson
Financial Times, London
Wednesday, October 12, 2016
The London Bullion Market Association, which oversees the city's $5-trillion gold market, has named the financial technology firms that will run its electronic platform in an effort to bolster trading transparency for the precious metal.
Susan Sanders, wife of monetary metals advocate Franklin Sanders, dies
Submitted by cpowell on Tue, 2016-10-11 21:53 Section: Daily Dispatches9:54p ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
Former U.S. Housing and Urban Development Assistant Secretary and former GATA board member Catherine Austin Fitts today reports the death of Susan Sanders, wife of bullion dealer, financial letter writer, monetary metals advocate and resistance leader, and pastor Franklin Sanders at their home in Westpoint, Tennessee:
Market Slant: What happens next in antitrust suit against London gold fix banks
Submitted by cpowell on Tue, 2016-10-11 20:55 Section: Daily Dispatches8:56p ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
Understanding gold begins with realizing that its market isn't normal
Submitted by cpowell on Tue, 2016-10-11 15:52 Section: Daily Dispatches4:06p ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
When he's not touting mining stocks in which he has invested, 321Gold's Bob Moriarty is assuring his readers that everything in the monetary metals markets is perfectly normal and that anyone who expresses contrary suspicion is not merely mistaken but stupid, a charlatan, and a scam artist.
Gold fix banks will have to reveal correspondence for antitrust lawsuit
Submitted by cpowell on Tue, 2016-10-11 10:16 Section: Daily DispatchesScotia Will Have to Reveal Internal Correspondence in Gold Fixing Case, Lawyer for Plaintiffs Says
By Barbara Shecter
National Post, Toronto
Tuesday, October 11, 2016
http://business.financialpost.com/news/fp-street/scotia-will-have-to-rev...
FT laments the lack of the gold market information it won't report
Submitted by cpowell on Tue, 2016-10-11 08:16 Section: Daily Dispatches8:15a ET Tuesday, October 11, 2016
Dear Friend of GATA and Gold:
An editor and columnist for the Financial Times, Dan McCrum, writes today in commentary briefly excerpted below that the price of gold can never be explained by anything other than fashion because there is no relevant information about gold pricing.
UBS' Weber warns on danger of 'massive interventions' by central banks
Submitted by cpowell on Mon, 2016-10-10 12:26 Section: Daily DispatchesThere are no markets anymore, just interventions. ...
The problem with central banking has been mainly the old problem of power -- it corrupts.
Western gold reserves are never audited because they are compromised, von Greyerz says
Submitted by cpowell on Sun, 2016-10-09 22:12 Section: Daily Dispatches10:13p ET Sunday, October 9, 2016
Dear Friend of GATA and Gold:
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