Daily Dispatches

Whoodathunkit: Secret tapes show New York Fed is the tool of the big banks

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Inside the New York Fed: Secret Recordings and a Culture Clash

By Jake Bernstein
ProPublica, New York
Friday, September 26, 2014

Maguire sees huge gold offtake; Jaitly says price suppression will backfire

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1:30p ET friday, September 26, 2014

Dear Friend of GATA and Gold:

London trader Andrew Maguire tells King World News today that the recent pounding of the gold price in the futures markets has resulted in offtake of about 650 tonnes of real metal in the last month:

German gold demand way up; Hathaway cites sentiment; GoldCore sees intervention

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12:57p ET Friday, September 26, 2014

Dear Friend of GATA and Gold:

GoldReporter says gold demand in Germany has risen sharply with lower prices:

http://www.goldreporter.de/german-bullion-dealers-report-major-increase-...

Alasdair Macleod: Valuing gold and turkey farming

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12:16p ET Friday, September 26, 2014

Dear Friend of GATA and Gold:

Koos Jansen: New Shanghai exchange discourages exporting gold from China

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11:50a ET Friday, September 26, 2014

Dear Friend of GATA and Gold:

Six banks in UK talks over forex manipulation fines

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By Caroline Binham
Financial Times, London
Friday, September 26, 2014

LONDON -- Six banks have entered settlement discussions with the UK's main markets regulator over the alleged manipulation of foreign exchange in what could amount to record fines.

Von Greyerz sees onset of a worldwide depression

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8p ET Thursday, September 25, 2014

Dear Friend of GATA and Gold:

Swiss gold fund manager Egon von Greyerz, interviewed by King World News, notes increasing evidence of the onset of a worldwide depression:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/9/25_Gl...

CHRIS POWELL, Secretary/Treasurer

LBMA names Citigroup as gold and silver market maker

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By Frank Tang
Reuters
Thursday, September 25, 2014

NEW YORK -- The London Bullion Market Association (LBMA) said on Thursday it appointed Citigroup as a market maker, underscoring the bank's ambitions to expand into the precious metals sector while others are exiting due to regulatory concerns.

Huge demand for discounted gold and silver told at King World News

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2:10p ET Thursday, September 25, 2014

Dear Friend of GATA and Gold:

Another report of huge demand for seemingly discounted gold and silver has come out today, this time from Bill Haynes of CMI Gold & Silver in Phoenix through an interview with King World News excerpted here:

Gold price seen near tipping point for mine cuts and closures

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But having no idea of the monetary nature of their product and how it is priced by central bank market rigging, mining company executives can do no more than wring their hands and screw their stockholders.

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By Nicole Mordant
Reuters
Thursday, September 25, 2014

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