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Daily Dispatches
As gold smuggling rises, India's tax office calls for lower import duty
Submitted by cpowell on Sun, 2014-10-26 18:57 Section: Daily DispatchesBy Shruti Srivastava
The Indian Express, Mumbai
Monday, October 27, 2014
http://indianexpress.com/article/business/business-others/as-gold-smuggl...
Greenspan says he's not aware of gold price suppression through central bank leasing
Submitted by cpowell on Sat, 2014-10-25 15:45 Section: Daily Dispatches2:54 Saturday, October 25, 2014
Dear Friend of GATA and Gold:
The opportunity to question former Federal Reserve Chairman Alan Greenspan about central bank intervention in the gold market was spectacularly fumbled today during Greenspan's appearance at the New Orleans Investment Conference.
Negative interest rates threaten to destroy not just savers but IMF as well
Submitted by cpowell on Sat, 2014-10-25 10:59 Section: Daily DispatchesSo the IMF enacts a new rule to save itself. Everyone else remains out of luck.
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IMF Introduces Floor on Interest Rates
By Robin Harding
Financial Times, London
Friday, October 24, 2014
http://www.ft.com/intl/cms/s/0/9b3ea266-5bcc-11e4-a674-00144feab7de.html
More nations are trying to get out from under the U.S. dollar, Putin says
Submitted by cpowell on Fri, 2014-10-24 19:23 Section: Daily DispatchesPutin Accuses U.S. of Blackmail, Weakening Global Order
By Stepan Kravchenko
Bloomberg News
Friday, October 24, 2014
http://www.bloomberg.com/news/2014-10-24/putin-accuses-u-s-of-blackmail-...
MOSCOW -- The U.S. is behaving like "Big Brother" and blackmailing world leaders while making imbalances in global relations worse, Russia's president said.
At King World News, Sperandeo, Celente, and Mauldin
Submitted by cpowell on Fri, 2014-10-24 11:00 Section: Daily Dispatches9:55a CT Friday, October 24, 2014
Dear Friend of GATA and Gold:
At King World News, market analyst Victor Sperandeo says traders enjoy the current stock market because the Federal Reserve repeatedly has manipulated it back up:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/23_L...
Paying people their worth in gold -- a first in Singapore
Submitted by cpowell on Fri, 2014-10-24 10:39 Section: Daily DispatchesFrom Channel News Asia, Singapore
Thursday, October 23, 2014
http://www.channelnewsasia.com/news/singapore/paying-people-their-worth/...
SINGAPORE -- How would you like to be paid your worth in gold? Singapore-based precious metals dealer BullionStar is doing just that by rewarding staff with the commodity as salary, and it says it is the first in the country to do so.
Alasdair Macleod: Markets and reality disconnected
Submitted by cpowell on Fri, 2014-10-24 10:26 Section: Daily Dispatches9:25a CT Friday, October 24, 2014
Dear Friend of GATA and Gold:
Government intervention in markets is only part of the disconnection of markets from reality, GoldMoney research director Alasdair Macleod writes today.
Three major nations absent as China launches rival to Western development bank
Submitted by cpowell on Fri, 2014-10-24 09:32 Section: Daily DispatchesBy Brenda Goh
Reuters
Thursday, October 23, 2014
SHANGHAI -- Australia, Indonesia, and South Korea skipped the launch of a China-backed Asian infrastructure bank on Friday as the United States said it had concerns about the new rival to Western-dominated multilateral lenders.
First Majestic CEO wants silver miners to form counter-cartel against futures shorters
Submitted by cpowell on Fri, 2014-10-24 01:14 Section: Daily Dispatches12:10a CT Friday, October 24, 2014
Dear Friend of GATA and Gold:
First Majestic Silver CEO Keith Neumeyer, interviewed by Future Money Trends, argues that silver miners should form a counter-cartel to combat the investment houses selling silver short on futures markets. The interview is 16 minutes long and can be heard at Future Money Trends here:
Foreign central banks cut U.S. bond stakes to lowest since May
Submitted by cpowell on Fri, 2014-10-24 01:07 Section: Daily DispatchesBy Richard Leong
Reuters
Thursday, October 23, 2014
Foreign central banks slashed their holdings of U.S. Treasuries at the Federal Reserve to their lowest level since May, Fed data released on Thursday showed.
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