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Showing posts with the label GATA | THE GATA DISPATCH -November 23

GATA | THE GATA DISPATCH -November 23, 2012-.: Turkey confirms that gold exports are linked to purchase of iranian Gas

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Turkey confirms that gold exports are linked to purchase of Iranian gas Submitted by cpowell on 11:55AM ET Friday, November 23, 2012. Section: Daily Dispatches By Emre Peker and Joe Parkinson The Wall Street Journal http://online.wsj.com/article/SB1000142412788732435200457813697360219877... ISTANBUL -- Turkey on Friday acknowledged that a surge in its gold exports this year is related to payments for imports of Iranian natural gas, shedding light on Ankara's role in breaching U.S.-led sanctions against Tehran. The continuing trade deal offers the most striking example of how Iran is using creative ways to sidestep Western sanctions over its disputed nuclear program, which have largely frozen it out of the global banking system. The disclosure was made by Turkey's deputy prime minister and top economic policy maker, Ali Babacan, in answers to questions from the parliamentary budget committee. Iran provides 18% of Turkey's natural gas

GATA | THE GATA DISPATCH -November 23, 2012-.: Clamor about gold reserves prompts leasing disclosure by Austrian Central Bank

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Clamor about gold reserves prompts leasing disclosure by Austrian central bank Submitted by cpowell on 08:01AM ET Friday, November 23, 2012. Section: Daily Dispatches 11:05a ET Friday, November 23, 2012 Germany's clamor and agitation about the integrity of national gold reserves is spreading into Austria, where two national newspapers headquartered in Vienna, Die Presse and Der Standard, this week raised questions about Austria's national gold and even prompted a response from the country's central bank, the Oesterreichische Nationalbank (OeNB). Die Presse's report, in German, is here: http://diepresse.com/home/wirtschaft/economist/1315818/Reserven_National... Der Standard's, also in German, is here: http://derstandard.at/1353206965366/Staatsgold-koennte-verleast-worden-s... Der Standard also has published what appears to be a report on the issue by the Austria Press Agency, the country's independent press association, which

GATA | THE GATA DISPATCH -November 23, 2012-.: Brazil has no Gold reserves, just claims against bullion banks, Goldcore discloses

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Brazil has no gold reserves, just claims against bullion banks, Goldcore discloses Submitted by cpowell on 05:26AM ET Friday, November 23, 2012. Section: Daily Dispatches 8:27a ET Friday, November 23, 2012 Gorecore reports today that Brazil's gold reserves really aren't gold reserves at all but just "deposits" with -- claims against -- bullion banks. Can the Banco Central do Brasil really be unaware of the Western central bank gold price suppression scheme? Or is this insult to Brazil's sovereignty the price of admission to the scheme and to the fraternity of Western central banking? These are compelling questions for financial journalism in Brazil. Goldcore's disclosure is contained in its daily commentary here: http://www.goldcore.com/goldcore_blog/brazil-gold-reserves-fixed-term-go... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.