Daily Dispatches

Recovery impossible within the current monetary system, Embry tells KWN

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6:10p ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

Incomprehensible debt, derivatives, and algorithmic trading in financial instruments have made a worldwide economic recovery impossible within the current monetary system, Sprott Asset Management's John Embry tells King World News today:

Australian scholar says futures markets suppress commodity prices, keep producing nations poor

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5:58p ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

Fourteen years ago the British economist Peter Warburton wrote that Western central banks were using the futures and derivatives markets and intermediary investment banks to control commodity prices --

http://www.gata.org/node/8303

Strong economies correlate with sound money, not depreciating money, Turk tells KWN

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3:42p ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

Bill Holter analyzes gold manipulation debate at New Orleans conference

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2:51p ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

Market analyst Bill Holter, who writes for the Miles Franklin coin and bullion shop in Minnesota and GATA Chairman Bill Murphy's LeMetropoleCafe.com, today analyzes the gold manipulation debate between your secretary/treasurer and Doug Casey of Casey Research at the New Orleans Investment Conference last Thursday:

Swiss gold initiative advocates professionalize their campaign and need your help

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10:33a ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

The campaign in support of the gold referendum initiative in Switzerland on November 30 has been professionalized, erecting a comprehensive Internet site --

http://gold-initiative.ch/aktuell/

-- which, while in German, can be automatically translated into English if visited via a Google Chrome Internet browser.

GATA favorites will participate in eMoney Show, an Internet conference Nov. 12

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10:10a ET Monday, October 27, 2014

Dear Friend of GATA and Gold:

GATA favorites including Frank Holmes of U.S. Global Investors and Brien Lundin of Jefferson Financial will be participating in an Internet conference of financial expertise, the eMoney Show, to be held on Wednesday, November 12. The show will feature more than 20 experts in the monetary metals, resources, and energy.

China launches direct trade between yuan, Singapore dollar, bypassing U.S. dollar

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From Xinhua News Agency
via China Central Television, Beijing
Monday, October 27, 2014

http://english.cntv.cn/2014/10/27/ARTI1414401659567921.shtml

BEIJING -- China on Monday announced direct trading between the renminbi and Singapore dollar beginning Tuesday, marking another step toward internationalizing the Chinese currency.

As gold smuggling rises, India's tax office calls for lower import duty

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By Shruti Srivastava
The Indian Express, Mumbai
Monday, October 27, 2014

http://indianexpress.com/article/business/business-others/as-gold-smuggl...

Greenspan says he's not aware of gold price suppression through central bank leasing

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2:54 Saturday, October 25, 2014

Dear Friend of GATA and Gold:

The opportunity to question former Federal Reserve Chairman Alan Greenspan about central bank intervention in the gold market was spectacularly fumbled today during Greenspan's appearance at the New Orleans Investment Conference.

Negative interest rates threaten to destroy not just savers but IMF as well

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So the IMF enacts a new rule to save itself. Everyone else remains out of luck.

* * *

IMF Introduces Floor on Interest Rates

By Robin Harding
Financial Times, London
Friday, October 24, 2014

http://www.ft.com/intl/cms/s/0/9b3ea266-5bcc-11e4-a674-00144feab7de.html

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