Daily Dispatches

Roberts, Leeb see trouble ahead for gold price suppression

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6:45p ET Tuesday, April 15, 2014

Dear Friend of GATA and Gold:

Former Assistant U.S. Treasury Secretary Paul Craig Roberts tells King World News that the United States may lose control of the gold price if Russia withdraws from the Western bank payments system:

Koos Jansen: Shanghai Gold Exchange withdrawals equal Chinese gold demand, Part 3

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6:30p ET Tuesday, April 15, 2014

Dear Friend of GATA and Gold:

Wall Street Journal spins a gold-bullish report to bearish

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China Is Losing Its Taste for Gold

By Tatyana Shumsky and Chao Deng
The Wall Street Journal
Tuesday, April 15, 2014

China's appetite for gold is waning after a decadelong buying spree, suppressed by the country's economic slowdown and constrained credit markets.

Zero Hedge: Gold futures halted again on latest furious slamdown

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From Zero Hedge, New York
Tuesday, April 15, 2014

Hardly a mention of central banks in FT report on London gold fix

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Gold: In Search of a New Standard

The London Fix Has Been in Place for Almost a Century But Critics Say the System Needs Reform

By Xan Rice
Financial Times, London
Monday, April 14, 2014

http://www.ft.com/cms/s/2/e31b0f44-b0e5-11e3-bbd4-00144feab7de.html

China gold demand seen rising 25% by 2017 as buyers get wealthier

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By Nicholas Larkin
Bloomberg News
Tuesday, April 15, 2014

LONDON -- Gold demand in China, which overtook India as the largest user last year, will rise about 25 percent in the next four years as an increasing population gets wealthier, according to the World Gold Council.

Grant Williams: All markets are rigged, maybe gold most of all

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7:23p ET Monday, April 14, 2014

Dear Friend of GATA and Gold:

Silver is in backwardation and Comex prices are misleading, Turk tells KWN

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5:40p ET Monday, April 14, 2014

Dear Friend of GATA and Gold:

Comex silver futures prices are misleading, GoldMoney founder and GATA consultant James Turk tells King World News today, with real metal scarce and silver in backwardation in Europe, where most real metal trades. An excerpt from Turk's interview is posted at the KWN blog here:

Selling gold and piling up debt is crazy, Embry tells KWN

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2:30p ET Monay, April 14, 2014

Dear Friend of GATA and Gold:

Sprott Asset Management's John Embry today tells King World News that it's crazy for the United States and other Western countries to be selling gold and accumulating stratospheric levels of debt:

TF Metals Report: Plunging GOFO rates

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2:16p ET Monday, April 14, 2014

Dear Friend of GATA and Gold:

The TF Metal Report's Turd Ferguson today reports confirmation that declining gold forward offered interest rates signal scarcity and a rising price and constitute a good trading indicator. His commentary is headlined "Plunging GOFO Rates" and it's posted at the TF Metals Report here:

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