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Daily Dispatches
Denmark sets a negative interest rate for first time
Submitted by cpowell on Fri, 2012-07-06 04:13 Section: Daily DispatchesBy John Acher and Ole Mikkelsen
Reuters
Thursday, July 5, 2012
http://uk.reuters.com/article/2012/07/05/denmark-rates-idUKL6E8I5A852012...
COPENHAGEN -- Denmark's central bank cut interest rates by a quarter point on Thursday, mirroring the European Central Bank's action earlier in the day, putting one of its secondary rates below zero for the first time in history.
Australia seeks closer currency ties with China
Submitted by cpowell on Fri, 2012-07-06 00:07 Section: Daily DispatchesBy James Glynn and Caroline Henshaw
The Wall Street Journal
Thursday, July 5, 2012
http://online.wsj.com/article/SB1000142405270230414120457750802117053482...
Lies everywhere from governments and news media, von Greyerz tells King World News
Submitted by cpowell on Thu, 2012-07-05 23:48 Section: Daily Dispatches10:45a ICT Friday, July 6, 2012
Dear Friend of GATA and Gold:
Thomas Pascoe: Revealed -- Why Gordon Brown sold Britain's gold at a knock-down price
Submitted by cpowell on Thu, 2012-07-05 23:07 Section: Daily DispatchesOf course all this was "revealed" by GATA and particularly gold price suppression litigator Reginald H. Howe not long after it happened a decade ago, and GATA has been repeatedly thrusting it at the Telegraph ever since then, but it's thrilling to see a mainstream news organization getting around to it even this late.
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South Africa mine union revolt shows cracks in ANC rule
Submitted by cpowell on Thu, 2012-07-05 06:55 Section: Daily DispatchesBy Ed Stoddard and Sherilee Lakmidas
Reuters
Wednesday, July 4, 2012
http://www.reuters.com/article/2012/07/04/us-safrica-unions-anc-idUSBRE8...
Shaking his fist and surrounded by angry colleagues, South African gold miner Chres Manyaka raged against "fat cats" getting rich from the sweat of the workers.
Hinde Capital's Ben Davies calculates a gold price by money supply and credit creation
Submitted by cpowell on Thu, 2012-07-05 06:26 Section: Daily Dispatches5:23p ICT Thursday, July 5, 2012
Dear Friend of GATA and Gold:
New York Times figures out that conspiracies really ARE rigging markets
Submitted by cpowell on Thu, 2012-07-05 05:27 Section: Daily DispatchesIt's probably only another few decades now before the newspaper gets around to the gold and silver markets.
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Rigged Rates, Rigged Markets
From The New York Times
Tuesday, July 3, 2012
http://www.nytimes.com/2012/07/03/opinion/rigged-rates-rigged-markets.html
Why mine production has little influence on the gold price
Submitted by cpowell on Tue, 2012-07-03 22:00 Section: Daily Dispatches8:51a ICT Wednesday, July 4, 2012
Dear Friend of GATA and Gold:
The rig is up, Sinclair says; and Embry cautions gold, silver rig deniers
Submitted by cpowell on Tue, 2012-07-03 21:48 Section: Daily Dispatches8:40a ICT Wednesday, July 4, 2012
Dear Friend of GATA and Gold:
Gold mining entrepreneur and market analyst Jim Sinclair says the falling out of Barclays and the Bank of England over the rigging of the LIBOR interest rate market reports will change the markets and "the battle to stop gold has been lost." Sinclair's commentary is headlined "The Rig Is Up" and it's posted at JSMineSet here:
'Massive short-covering rally' likely in silver, GGR's Arensberg says
Submitted by cpowell on Tue, 2012-07-03 21:29 Section: Daily Dispatches8:20a ICT Wednesday, July 4, 2012
Dear Friend of GATA and Gold (and Silver):
Analyzing futures trading data and finding the big commercial traders the least short in silver in a decade, Gene Arensberg of the Got Gold Report expects a "massive short-covering rally." Arensberg's commentary is a 27-minute video presentation here: