Daily Dispatches

Financial system 'booby-trapped' with leverage, Stockman warns

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1:40p ET Friday, August 8, 2014

Dear Friend of GATA and Gold:

Former U.S. budget director David Stockman tells King World News today that he doubts that central banks can keep supporting markets much longer, now that "the whole global financial system is booby-trapped with both visible and hidden leverage."

Alasdair Macleod: No market crashes anymore, just currency risk

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11:29a ET Friday, August 8, 2014

Dear Friend of GATA and Gold:

Market rigging by governments has become comprehensive, GoldMoney research director Alasdair Macleod writes today in what is probably his most profound and important commentary ever.

Dennis Gartman: Gold vs. The Force

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11a ET Friday, August 8, 2014

Dear Friend of GATA and Gold:

Doug Casey of Casey Research refuses to see gold market manipulation because it contradicts his ideology that markets are always bigger than governments. (If only they were, since then no government on the planet would remain in its current configuration and totalitarianism would be impossible.)

Jansen, Suchecki note unreliability of gold data

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8:50a ET Friday, August 8, 2014

Dear Friend of GATA and Gold:

European and British gold export data isn't reliable, gold researcher and GATA consultant Koos Jansen painstakingly explains today in commentary posted at Bullion Star:

https://www.bullionstar.com/article/hmrc%20and%20eurostat%20alter%20hist...

Germany close to recession as ECB admits recovery is weak

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By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, August 7, 2014

German bonds yields plunged to a historic low and two-year rates briefly fell below zero on Thursday on fears of widening recession in the eurozone and a flight to safety as Russian troops massed on the Ukrainian border.

Which precious metal transactions must be reported and which can be private?

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10:07p ET Thursday, August 7, 2014

Dear Friend of GATA and Gold:

Which precious metal coin and bullion transactions require reporting to the U.S. government and which may be undertaken in privacy?

JM Bullion in Dallas has published a fascinating graphic answering the question, and some of the answers may surprise you:

Amid huge demand, U.S. Mint suspends sales of JFK gold coin at Illinois expo

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By Michelle Manchir
Chicago Tribune
Thursday, August 7, 2014

http://www.chicagotribune.com/news/local/breaking/gold-coin-sales-halted...

Nothing wrong with this miner that an end to gold price suppression wouldn't fix

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Hambro's Dream of Russian Gold Runs Into Mountain of Debt

By Thomas Biesheuvel
Bloomberg News
Thursday, August 7, 2014

http://www.bloomberg.com/news/2014-08-07/hambro-s-dream-of-russian-gold-...

Bullion Management Group: The manipulation of the gold market is self-evident

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8:57a ET Thursday, August 7, 2014

Dear Friend of GATA and Gold:

Paul de Sousa, executive vice president of Bullion Management Group in Toronto, has written a wonderful report summarizing some of the history, documentation, and purposes of gold price suppression by Western governments.

Australian gold miners note crash in exploration

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Gold Exploration Loses Its Lustre

By Tess Ingram
Australian Financial Review, Melbourne
Thursday, August 7, 2014

http://www.afr.com/p/business/companies/gold_exploration_loses_its_lustr...

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