Daily Dispatches

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:

New York Fed contradicts its former vice president about gold accounts

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2:03p ET Monday, April 14, 2014

Dear Friend of GATA and Gold:

The Federal Reserve Bank of New York has contradicted the assertion of its former vice president that it has provided gold accounts to bullion banks.

ECB policymakers plot QE road map

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By Claire Jones
Financial Times, London
Sunday, April 13, 2014

A European Central Bank policy maker has offered hints on how the eurozone's monetary guardians would embark on an asset-buying, or quantitative easing, programme to stave off low inflation.

Economists notwithstanding, Indians know how to put their gold to work

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A Gold Obsession Pays Dividends For Indian Women

By Julie McCarthy
National Public Radio, Washington
Monday, April 14, 2014

http://www.npr.org/blogs/parallels/2014/04/14/301412384/a-gold-obsession...

It's indestructible. It's fungible. It's beautiful. And for Indians, gold -- whether it's 18-, 22-, or 24-carat -- is semi-sacred.

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