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Daily Dispatches

Declining U.S. economy doesn't support soaring dollar, Embry tells KWN

Section: Daily Dispatches

7:45a SGT Tuesday, March 17, 2015

Dear Friend of GATA and Gold:

China seems to be claiming 88 percent of world gold mine production

Section: Daily Dispatches

11:31a ICT Sunday, March 15, 2015

Dear Friend of GATA and Gold:

U.S. seeks billions from global banks in currency manipulation settlement

Section: Daily Dispatches

That is: Nobody rigs our markets but us.

* * *

By Keri Geiger and Greg Farrell
Bloomberg News
Friday, March 13, 2015

NEW YORK -- The U.S. Justice Department is seeking about $1 billion each from global banks being investigated for manipulation of currency markets, according to two people familiar with the talks.

Ronan Manly: Chinese bank participation in new London metals pricing system isn't assured

Section: Daily Dispatches

8a ICT Saturday, March 14, 2015

Dear Friend of GATA and Gold:

Here's a summary of reports of interest published in the last few hours.

-- Gold researcher and GATA consultant Ronan Manly is skeptical of assumptions that Chinese banks are set to have much influence in the new London gold and silver price-reporting mechanisms in London:

Gold market sentiment matters no more than technical analysis does

Section: Daily Dispatches

2:05p ICT Friday, March 13, 2015

Dear Friend of GATA and Gold:

Some gold market analysts are noting that sentiment in the sector has probably never been worse. They construe this as an indicator of a bottom in the metal's price and the price of gold mining shares. But in a market as manipulated as the gold market, sentiment has no more meaning than technical analysis does.

Koos Jansen: The mechanics of the Chinese gold market

Section: Daily Dispatches

10:10a ICT Friday, March 13, 2015

Dear Friend of GATA and Gold:

U.K. seeks to join China-backed Asian infrastructure bank

Section: Daily Dispatches

By Maria Levitov
Bloomberg News
Thursday, March 12, 2015

LONDON -- The U.K. is looking to join China's Asian Infrastructure Investment Bank, becoming the first "major western country" to apply for membership, Chancellor of the Exchequer George Osborne said.

Ambrose Evans-Pritchard: Global finance faces $9 trillion stress test as dollar soars

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, March 13, 2015

Sitting on the desks of central bank governors and regulators across the world is a scholarly report that spells out the vertiginous scale of global debt in US dollars, and gently hints at the horrors in store as the US Federal Reserve turns off the liquidity spigot.

TF Metals Report: Yen and gold selling trade seems to be on again

Section: Daily Dispatches

11:14p ICT Thursday, March 12, 2015

Dear Friend of GATA and Gold:

The high-frequency, algorithmic trade of selling yen and gold together seems to be back in place, the TF Metals Report's Turd Ferguson writes this week, warning that more smashes are likely ahead for "paper gold." His commentary is headlined "gird your loins" and it's posted at the TF Metals Report here:

Venezuela negotiating again to pawn its gold reserves, sources tell Reuters

Section: Daily Dispatches

Venezuela Discussing Gold Swap with Wall Street Banks, Sources Say

By Eyanir Chinea and Corina Pons
Reuters
Tuesday, March 10, 2015

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