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Dutch leaving plenty of gold abroad and it's probably gone, von Greyerz says
Submitted by cpowell on Fri, 2014-11-21 16:23 Section: Daily Dispatches4:23p ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
King World News notes today that Swiss gold fund manager Egon von Greyerz, a leader of the Swiss Gold Initiative, remarked to KWN a month ago that another European central bank was repatriating gold from the United States. The Netherlands central bank made such an announcement today.
Citing risks, Fed may limit Wall Street role in commodities
Submitted by cpowell on Fri, 2014-11-21 16:14 Section: Daily DispatchesBy Cheyenne Hopkins and Silla Brush
Bloomberg News
Friday, November 21, 2014
WASHINGTON -- The Federal Reserve may curtail Wall Street commodity businesses after lawmakers said banks' role in energy, power, and metals markets spurred unfair trading advantages and could threaten financial stability.
'Immoral but not illegal': Metal warehousing games in the spotlight
Submitted by cpowell on Fri, 2014-11-21 16:06 Section: Daily DispatchesBy Josephine Mason
Reuters
Friday, November 21, 2014
NEW YORK -- Complex deals employed by Goldman Sachs' metals storage unit to build vast stockpiles and then maintain queues test the spirit of the London Metal Exchange operating code, shocking many traders and confirming others' suspicions.
Bank of England probes whether staff helped rig money auctions
Submitted by cpowell on Fri, 2014-11-21 16:03 Section: Daily DispatchesCaroline Binham and Patrick Jenkins
Financial Times, London
Friday, November 21, 2014
The Bank of England has opened a formal investigation into whether its officials knew of -- and even facilitated -- the possible manipulation of auctions designed to inject money into the credit markets to alleviate the financial crisis.
Dave Kranzler: Was GLD gold moved to the Dutch central bank?
Submitted by cpowell on Fri, 2014-11-21 15:22 Section: Daily Dispatches3:22p ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
Indian central bank cautious on response to gold import surge
Submitted by cpowell on Fri, 2014-11-21 13:57 Section: Daily DispatchesBy Suvashree Choudhury and Neha Dasgupta
Reuters
Friday, November 21, 2014
MUMBAI, India -- The Reserve Bank of India, grabbling with a surge in gold imports last month, could support some restrictions for trading houses but two senior policymakers involved in the bank's decision-making said officials were also wary of overreacting. ...
FT's Gillian Tett notes Greenspan's renewed endorsement of gold
Submitted by cpowell on Fri, 2014-11-21 13:53 Section: Daily DispatchesGold: Worth Its Weight?
By Gillian Tett
Financial Times, London
Friday, November 21, 2014
Russia, China will accuse U.S. of gold scam, bullion dealer tells KWN
Submitted by cpowell on Fri, 2014-11-21 11:00 Section: Daily Dispatches11a ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
Montana coin and bullion dealer Steve Quayle, whose motto is "If You Can't Touch It, You Don't Own It," tells King World News today that Russia and China soon will tell the world that the United States doesn't have the gold it claims to have. An excerpt from the interview is posted at the KWN blog here:
Top-performing gold miner readies warchest in bust industry
Submitted by cpowell on Fri, 2014-11-21 10:52 Section: Daily DispatchesBy Thomas Biesheuvel
Bloomberg News
Friday, November 21, 2014
LONDON -- The gold industry is a "busted flush," said Mark Bristow, surveying the ruin wrought by a 38 percent slump in the bullion price from a 2011 peak. For the Randgold Resources Ltd. chief executive officer, that's an opportunity.
Alasdair Macleod: That G-20 meeting
Submitted by cpowell on Fri, 2014-11-21 10:18 Section: Daily Dispatches10:18a ET Friday, November 21, 2014
Dear Friend of GATA and Gold:
With economies declining nearly everywhere, GoldMoney research director Alasdair Macleod writes today, the recent G-20 meeting in Brisbane may have given a boost to government intervention.
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