Meanwhile, the gold market riggers don’t even get their hands dirty
August 22, 2010 by goldguru · Leave a Comment
Trapped Chile Miners Alive But Long Rescue Ahead By Antonio de la Jara and Simon Gardner Reuters Sunday, August 22, 2010 http://www.reuters.com/article/idUSTRE67L1H620100823 SANTIAGO, Chile — Thirty-three Chilean miners trapped deep underground sent a message to the surface tied to a drill on Sunday, saying they were all alive in their first contact since a cave-in [...]
Central banks and investors weigh in as gold market transforms
August 18, 2010 by goldguru · Leave a Comment
By Javier Blas Financial Times, London Tuesday, August 17, 2010 http://www.ft.com/cms/s/0/d627df3c-a9e7-11df-8eb1-00144feabdc0.html The global gold market has been transformed over the past decade. Jewellery, for decades the backbone of gold consumption, has moved to the sidelines amid voracious demand from investors. Central banks, for years big sellers of bullion, have performed a radical U-turn and started [...]
Adrian Douglas: Gold market isn’t ‘fixed’; it’s rigged
August 15, 2010 by goldguru · Leave a Comment
10:11a Saturday, August 14, 2010 Dear Friend of GATA and Gold: Following research done by GATA consultant Dmitri Speck, GATA board member Adrian Douglas has studied the morning and afternoon “fixing” of the gold price by the major London trading houses and concludes that it is just as much a price-suppression mechanism as the London [...]
Adrian Douglas: Gold market isn’t ‘fixed’; it’s rigged
August 15, 2010 by goldguru · Leave a Comment
10:11a Saturday, August 14, 2010 Dear Friend of GATA and Gold: Following research done by GATA consultant Dmitri Speck, GATA board member Adrian Douglas has studied the morning and afternoon “fixing” of the gold price by the major London trading houses and concludes that it is just as much a price-suppression mechanism as the London [...]
Mike Kosares: What is Soros up to in the gold market?
August 4, 2010 by goldguru · Leave a Comment
3:30p ET Tuesday, August 3, 2010 Dear Friend of GATA and Gold: Mike Kosares of Centennial Precious Metals in Denver writes that billionaire investor George Soros’ involvement in the gold market isn’t such a mystery. Soros, Kosares writes, has established a “classic hedge” rather than a “big bet.” Kosares’ commentary is headlined “What Is George [...]
Izabella Kaminska: Looks like BIS swaps relieved gold market squeeze
July 23, 2010 by goldguru · Leave a Comment
4:22p ET Thursday, July 22, 2010 Dear Friend of GATA and Gold: Gold market blogger Izabella Kaminska has examined data for the New York Commodities Exchange’s gold inventory and finds that while inventory is nominally high, the metal actually available for sale is relatively low on a historical basis. Recent negative gold lease rates, she [...]
Ferdi Lips warned about gold market’s 100-1 leverage nine years ago
July 19, 2010 by goldguru · Leave a Comment
9:30p ET Sunday, July 18, 2010 Dear Friend of GATA and Gold: Our friend Ben Davies, CEO of Hinde Capital in London, among the few gold advocates lately given time on CNBC, points out that the late, great Swiss gold banker Ferdinand Lips made in his 2001 study “Gold Wars” the same observation made at [...]
Russian intelligence found gold market info ‘very valuable,’ FBI says
June 29, 2010 by goldguru · Leave a Comment
1:20a ET Tuesday, June 29, 2010 Dear Friend of GATA and Gold: Russian spies in the United States whose arrest was announced Monday (see http://news.yahoo.com/s/ap/20100629/ap_on_go_ca_st_pe/us_doj_russia_arre…) last year conveyed information about the gold market that the Russian security service considered “very valuable” and forwarded to the Russian finance ministry and ministry of economic development, according to [...]
1983 magazine profile shows BIS constantly intervening in gold market in secret
June 27, 2010 by goldguru · Leave a Comment
1a ET Monday, June 28, 2010 Dear Friend of GATA and Gold: Thanks to our friend W.G. for pointing out a fascinating article written for Harper’s magazine in November 1983 about the Bank for International Settlements by the veteran journalist Edward Jay Epstein, who seems to have been given unusual access to top BIS officials. [...]
Jim Sinclair: This morning’s blatant gold market intervention
June 5, 2010 by goldguru · Leave a Comment
12:10p ET Friday, June 4, 2010 Dear Friend of GATA and Gold: Gold market analyst and gold mining executive Jim Sinclair says almost anybody could see today’s market intervention against gold. His commentary is headlined “This Morning’s Blatant Gold Market Intervention” and you can find it at JSMineSet.com here: http://jsmineset.com/2010/06/04/this-mornings-blatant-gold-intervention/ CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust [...]
