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Daily Dispatches

Embry sees dollar devaluation as inevitable; Roberts says Fed will lend to Treasury

Section: Daily Dispatches

10a CST Wednesday, October 9, 2013

Dear Friend of GATA and Gold:

At King World News, Sprott Asset Management's John Embry says gold price suppression is aimed at maintaining the U.S. dollar's status as world reserve currency a little longer but devaluation is inevitable since the country's liabilities are beyond repayment:

Comex and LBMA require market's ignorance, Tocqueville's Hathaway writes

Section: Daily Dispatches

6:08p CST Tuesday, October 8, 2013

Dear Friend of GATA and Gold:

Tocqueville Gold Fund manager John Hathaway's quarterly letter to investors speaks plainly about market manipulation, citing "a gathering loss of investor credibility in traditional intermediaries between financial markets and bullion, such as the Comex and LBMA," the London Bullion Market Association.

Fed's only true purpose is to finance government, Turk tells KWN

Section: Daily Dispatches

8a CST Tuesday, October 8, 2013

Dear Friend of GATA and Gold:

Taiwan and New Zealand want their dollars down

Section: Daily Dispatches

Taiwan Dollar Rally Seen Ending on Intervention, Market Reversal

From Bloomberg News
Monday, October 7, 2013

Trading patterns suggest the rally that drove the Taiwan dollar to an eight-month high will end on speculation that central bank Governor Perng Fai-nan will step up intervention to support exporters.

Gold price 'is bound to go through the roof'

Section: Daily Dispatches

By Brendan Ryan
Business Day, Johannesburg
Monday, October 7, 2013

http://www.bdlive.co.za/markets/2013/10/07/gold-price-is-bound-to-go-thr...

Gold bulls have had it rough this year but many would have found solace in the Precious Metals Round Table web-based conference call and presentation held recently by Sprott Asset Management.

Switzerland probes banks over possible forex rigging

Section: Daily Dispatches

By Caroline Copley and Albert Schmieder
Reuters
Friday, October 4, 2013

ZURICH -- Switzerland's financial markets regulator is working with authorities in other countries to investigate possible manipulation in the $5 trillion-a-day foreign exchange market potentially involving multiple banks.

Sinclair plans Q&A seminar outside Washington on Oct. 19

Section: Daily Dispatches

9:20a HKT Saturday, October 5, 2013

Dear Friend of GATA and Gold:

Fed has destroyed price discovery, Stockman tells KWN

Section: Daily Dispatches

9:12a HKT Saturday, October 5, 2013

Dear Friend of GATA and Gold:

Former U.S. budget director David Stockman tells King World News that the Federal Reserve "has destroyed any kind of honest price discovery" and that the potential rise of the gold price is "unfathomable." An excerpt from the interview is posted at the King World News blog here:

Brett Arends: Why Uncle Sam is hoarding gold

Section: Daily Dispatches

By Brett Arends
MarketWatch.com
Friday, October 4, 2013

Grab any Wall Street trader in a bar, or any portfolio manager in his office, and he's likely to tell you gold is finished.

Hong Kong radio interviews GATA secretary

Section: Daily Dispatches

1:53p HKT Friday, October 4, 2013

Dear Friend of GATA and Gold:

Your secretary/treasurer was interviewed for a few minutes today by Bryan Curtis of the daily "Money for Nothing" program on Radio/Television Hong Kong's Radio 3 station. The segment can be heard by activating the link at the bottom of the "Money for Nothing" program's page at the RTHK Internet site here:

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