You are here
Daily Dispatches
Paper markets aren't fooling everyone, Embry tells KWN
Submitted by cpowell on Wed, 2013-04-17 00:34 Section: Daily Dispatches12:30a ET Wednesday, April 17, 2013
Dear Friend of GATA and Gold:
A few respectables wake up a little as others still hang back
Submitted by cpowell on Tue, 2013-04-16 16:30 Section: Daily Dispatches4:50p ET Tuesday, April 16, 2013
Dear Friend of GATA and Gold:
Painful as the recent smash in the monetary metals is, at least it has aroused suspicions among a few respectables and know-it-alls.
One of them, Dennis Gartman of The Gartman Letter, writes today:
Chris Martenson notes complicity of financial news organizations in gold rigging
Submitted by cpowell on Tue, 2013-04-16 11:10 Section: Daily Dispatches11:07a ET Tuesday, April 16, 2013
Dear Friend of GATA and Gold:
Telegraph's Thomas Pascoe: Gold crash is more evidence of market rigging
Submitted by cpowell on Tue, 2013-04-16 10:44 Section: Daily DispatchesBy Thomas Pascoe
The Telegraph, London
Tuesday, April 16, 2013
http://blogs.telegraph.co.uk/finance/thomaspascoe/100024081/the-gold-pri...
The facts in the public domain do not justify the sharp fall in the gold price over the past two trading days.
Shortages, big premiums convulse retail market
Submitted by cpowell on Tue, 2013-04-16 08:42 Section: Daily Dispatches8:40a ET Tuesday, April 16, 2013
Dear Friend of GATA and Gold:
Coin and bullion dealer Bill Haynes of CMI Gold and Silver in Phoenix tells King World News that shortages and big premiums are convulsing the retail market:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/4/16_Bu...
CHRIS POWELL, Secretary/Treasurer
Imminent default in London required gold market smash, Maguire tells King World News
Submitted by cpowell on Mon, 2013-04-15 18:25 Section: Daily Dispatches6:20p ET Monday, April 15, 2013
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News tonight that the smashing of the gold price was undertaken to forestall a default in the London physical market after a run on metal and a refusal to deliver. An excerpt from the interview is posted at the King World News blog here:
Only intervention explains smashing of metals, Turk tells King World News
Submitted by cpowell on Mon, 2013-04-15 17:22 Section: Daily Dispatches5:15p ET Monday, April 15, 2013
Dear Friend of GATA and Gold:
'Massive physical offtake' in London gold, Maguire tells King World News
Submitted by cpowell on Mon, 2013-04-15 13:25 Section: Daily Dispatches1:20p ET Monday, April 15, 2013
Dear Friend of GATA and Gold:
London metals trader Andrew Maguire tells King World News today that central banks and commercial traders seem to be buying all the gold paper being sold under margin pressure and that there is "massive physical offtake."
Clive Maund: Gold smash aims to rebuild JPM's Comex inventory
Submitted by cpowell on Mon, 2013-04-15 12:06 Section: Daily Dispatches12:01p ET Monday, April 15, 2013
Dear Friend of GATA and Gold:
Market analyst Clive Maund writes that the gold plunge likely was engineered in large part to enable JPMorganChase to replenish its dangerously diminishing gold inventory by running weak hands out of the market.
Did single entity trigger gold plunge?
Submitted by cpowell on Mon, 2013-04-15 10:58 Section: Daily Dispatches11a ET Monday, April 15, 2013
Dear Friend of GATA and Gold:
Ross Norman at bullion broker Sharps Pixley and Mark O'Byrne at gold dealer GoldCore seem to think that the gold plunge may be largely the work of shorting by a single entity.
Norman's commentary is posted at Sharps Pixley's Internet site here:
Pages
