Deutsche Bank, HSBC accused of silver fix manipulation
Submitted by cpowell on Sat, 2014-07-26 13:25. Section: Daily DispatchesBy Patricia Hurtado
Bloomberg News
Saturday, July 26, 2014
NEW YORK -- Deutsche Bank, HSBC Holdings, and Bank of Nova Scotia were accused in a lawsuit of rigging the price of billions of dollars in silver, an allegation similar to earlier suits involving the London gold fix.
Options expiration's influence on gold cited by Eric Sprott
Submitted by cpowell on Fri, 2014-07-25 20:31. Section: Daily Dispatches4:30p ET Friday, July 25, 2014
Dear Friend of GATA and Gold:
Sprott Asset Management's Eric Sprott, interviewed today by Sprott Money News for the weekly market wrapup, joins those calling attention to the suppressive influence on the gold price by the imminent futures contract options expiration. The interview is six minutes long and can be heard at the Sprott Money Internet site here:
Maguire says CME aids gold price rigging; Hugo S-P warns of threat to cash
Submitted by cpowell on Fri, 2014-07-25 18:02. Section: Daily Dispatches2p ET Friday, July 25, 2014
Dear Friend of GATA and Gold:
The Chicago Mercantile Exchange this month reduced margin requirements for gold futures contracts to protect investment banks that were naked short and vulnerable to a squeeze, London metals trader Andrew Maguire tells King World News in the first installment of a two-part interview today.
India's gold import restrictions turn into political patronage for trading houses
Submitted by cpowell on Fri, 2014-07-25 16:10. Section: Daily DispatchesGold War: Traders Lock Horns with Star Trading Houses
By Ram Sahgal
The Times of India, Mumbai
Friday, July 25, 2014
http://economictimes.indiatimes.com/markets/commodities/gold-war-traders...
Indian gold imports fell 25% over year -- not counting smuggling, of course
Submitted by cpowell on Fri, 2014-07-25 15:57. Section: Daily DispatchesGold Imports Stood at 638 Tonnes in 2013-14
By the Press Trust of India
via Financial Express, New Delhi
Friday, July 25, 2014
http://www.financialexpress.com/news/gold-imports-stood-at-638-tonnes-in...
Gold imports in 2013-14 stood at 638 tonnes, a decline of 25 per cent over the previous fiscal year, Parliament was informed today.
Gold price suppression elicits more notice
Submitted by cpowell on Fri, 2014-07-25 15:43. Section: Daily Dispatches11:42p ET Friday, July 25, 2014
Dear Friend of GATA and Gold:
Evidence of gold price suppression ahead of futures contract options expiration abounds and is remarked upon by today's commentary by GoldCore's Mark O'Byrne --
https://www.goldcore.com/goldcore_blog/Gold_Lockdown_Until_Options_Expir...
