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Daily Dispatches
High rates no option, Embry says; Russell at least knows gold's point
Submitted by cpowell on Tue, 2013-10-22 02:44 Section: Daily Dispatches1:40p ICT Tuesday, October 22, 2013
Dear Friend of GATA and Gold:
Either debt structure or currency will be destroyed, Embry says
Submitted by cpowell on Mon, 2013-10-21 22:32 Section: Daily Dispatches9:26a ICT Tuesday, October 22, 2013
Dear Friend of GATA and Gold:
China aiming for 'de-Americanized world’ with renminbi replacing dollar
Submitted by cpowell on Mon, 2013-10-21 00:54 Section: Daily DispatchesBy Andrew Critchlow
The Telegraph, London
Sunday, October 20, 2013
http://www.telegraph.co.uk/finance/commodities/10392620/China-aiming-for...
Eric Sprott, Grant Williams, and Egon von Greyerz at King World News
Submitted by cpowell on Mon, 2013-10-21 00:40 Section: Daily Dispatches11:39a ICT Monday, October 21, 2013
Dear Friend of GATA and Gold:
In an interview in two segments with King World News, Sprott Asset Management CEO Eric Sprott marvels at the dichotomy between demand for gold and silver and the decline of futures prices:
Paper gold will be dumped for real metal, Grant Williams tells KWN
Submitted by cpowell on Fri, 2013-10-18 19:40 Section: Daily Dispatches10:37a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
Singapore fund manager Grant Williams tells King World News that someday, maybe soon, paper gold is going to be dumped for the real thing:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/10/18_A...
CHRIS POWELL, Secretary/Treasurer
TF Metals Report: Bullion banks pillaging GLD for metal
Submitted by cpowell on Fri, 2013-10-18 19:34 Section: Daily Dispatches10:30a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
The TF Metal Report's Turd Ferguson today reports more evidence that the gold exchange-trade fund GLD is being pillaged by the major bullion banks to cover short positions in gold elsewhere:
http://www.tfmetalsreport.com/blog/5167/pillaging-gld
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Mike Kosares: China's gold conduit from London, a financial coup d'etat
Submitted by cpowell on Fri, 2013-10-18 19:23 Section: Daily Dispatches10:19a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
Centennial Precious Metals proprietor Mike Kosares today reports documentation of huge gold flows from London through Switzerland to China. His commentary is headlined "China's London-Zurich-Hong Kong Gold Conduit -- A Major Financial Coup D'Etat" and it's posted at Centennial's Internet site, USAGold, here:
Alasdair Macleod: China and gold
Submitted by cpowell on Fri, 2013-10-18 16:22 Section: Daily Dispatches7:17a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
Frantically selling gold, the West is forfeiting economic power to China and other Eastern nations that appear to be buying more metal than annual mine production, GoldMoney research director Alasdair Macleod writes today. His commentary is headlined "China and Gold" and it's posted at GoldMoney's Internet site here:
Gene Arensberg: Short-selling banks covering on gold?
Submitted by cpowell on Fri, 2013-10-18 16:10 Section: Daily Dispatches7:07a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
Trading limits go out the window when somebody big wants to send a message in the gold market, the Got Gold Report's Gene Arensberg writes today. His commentary is headlined "Short-Selling Banks Covering on Gold?" and it's posted at the GGR here:
Maguire, Sprott interviewed at KWN
Submitted by cpowell on Fri, 2013-10-18 16:01 Section: Daily Dispatches7a AEST Saturday, October 19, 2013
Dear Friend of GATA and Gold:
At King World News, London metals trader Andrew Maguire describes the Federal Reserve's desperate intervention in the gold market to defend the U.S. dollar and China's steady acquisition of discounted metal: