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Daily Dispatches
Michael Kosares: Gold's waterfall drop might be associated with big drop in British sterling
Submitted by cpowell on Thu, 2016-10-06 12:57 Section: Daily DispatchesBy Michael Kosares
USAGold.com, Denver
Thursday, October 6, 2016
We do not often find ourselves jogging the same track as the redoubtable Dennis Gartman, who commands untold premiums for his advice, but now, it seems, he is verifying our suspicion of two days ago -- please see "Gold's Waterfall Drop Might Be Associated with the Big Drop in British Sterling") --
Central banks suppress gold to help China accumulate it, Rickards says
Submitted by cpowell on Thu, 2016-10-06 12:41 Section: Daily Dispatches12:48p ET Thursday, October 6, 2016
Dear Friend of GATA and Gold:
Banks must face gold- and silver-rigging lawsuits
Submitted by cpowell on Thu, 2016-10-06 08:32 Section: Daily DispatchesBanks Must Face U.S. Gold-Rigging Lawsuit; UBS Is Dismissed
By Jonathan Stempel
Reuters
Wednesday, October 5, 2016
http://www.reuters.com/article/us-gold-lawsuit-decision-idUSKCN125292
Mike Kosares: When markets go bump in the night
Submitted by cpowell on Wed, 2016-10-05 15:28 Section: Daily Dispatches3:30p ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
Gold smash was a Western central bank operation, Embry tells KWN
Submitted by cpowell on Wed, 2016-10-05 15:10 Section: Daily Dispatches3:10p ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
Tuesday's smashing of gold was a Western central bank operation, Sprott Asset Management's John Embry tells King World News today.
Ronan Manly: London got some metal back but still supports lots more 'paper gold'
Submitted by cpowell on Wed, 2016-10-05 14:52 Section: Daily Dispatches2:53p ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
Judge's decision in gold market-rigging case is an invitation to journalism
Submitted by cpowell on Wed, 2016-10-05 14:30 Section: Daily Dispatches2:31p ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
Regarding disclosure today that the class-action anti-trust lawsuit against the London gold price-fixing banks, brought in U.S. District Court in Manhattan, has been allowed to proceed:
1) This is only a finding that there is enough evidence to continue the lawsuit, not a finding of market manipulation.
FLASH: Market-rigging lawsuit against London gold fix banks can proceed
Submitted by cpowell on Wed, 2016-10-05 13:01 Section: Daily Dispatches2:16p ET Wednesday, October 5, 2016
Dear Friend of GATA and Gold:
UK consumers snap up physical gold after price slides under 1,000 pounds/oz
Submitted by cpowell on Wed, 2016-10-05 11:53 Section: Daily DispatchesBy Jan Harvey
Reuters
via London South East, Essex, England, UK
Wednesday, October 5, 2016
LONDON -- Physical gold demand in London jumped after this week's price drop, dealers said today, as consumers were tempted back to the market by the metal's technically-driven slide through 1,000 pounds an ounce.
The IMF is worried about the world's $152 trillion debt pile
Submitted by cpowell on Wed, 2016-10-05 11:15 Section: Daily DispatchesBy Andrew Mayada
Bloomberg News
Wednesday, October 5, 2016
Eight years after the financial crisis, the world is suffering from a debt hangover of unprecedented proportions.