FGC BOLSA - FGC FINANCIAL MARKETS INFO

Von Greyerz: Stock market rise amid economic collapse signals hyperinflation Submitted by cpowell on 05:00PM ET Tuesday, May 14, 2013. Section: Daily Dispatches 8p ET Tuesday, May 14, 2013 Gold fund manager Egon von Greyerz tonight tells King World News that the rise of stock markets amid the collapse of the real economy is an indicator that hyperinflation is coming. An excerpt from the interview is posted at the King World News blog here. http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2013/5/14_Th... CHRIS POWELL, Secretary/Treasurer Gold Anti-Trust Action Committee Inc.

Gene Arensberg: U.S. banks buy gold futures in dramatic position change Submitted by cpowell on 11:52AM ET Tuesday, May 14, 2013. Section: Daily Dispatches 2:46p ET Tuesday, May 14, 2013 Big U.S. investment banks have reduced their net short position in gold to the lowest level since 2008, the Got Gold Report's Gene Arensberg reports today. Arensberg writes: "In just one month, as gold fell a net $123.45 or 7.8 percent (from $1,575.67 on April 2 to $1,452.22 on May 7), U.S. banks covered or offset 60 percent of their net short bets on gold, down to an extremely small 16,781 contracts net short. We have to go all the way back to the June 3, 2008, bank participation report to find a time when the U.S. banks, including bullion banks, showed a lower number of net short bets held." The implication is that the gold futures price smashdown is over. Arensberg's commentary is headlined "U.S. Banks Buy Gold Futures in Dramatic Position Ch

Charles Schwab complains of Fed's manipulation of markets Submitted by cpowell on 09:12AM ET Tuesday, May 14, 2013. Section: Daily Dispatches Schwab Reflects on Firm's History By Kathleen Pender San Francisco Chronicle Monday, May 13, 2013 http://www.sfgate.com/default/article/Schwab-reflects-on-firm-s-history-... To commemorate its 40th anniversary last month, Charles Schwab Corp. created an interactive exhibit that is traveling to its major employment centers, including San Francisco, its headquarters and home to 2,300 of its 14,000 workers. The exhibit features new and archival videos from executives past and present discussing key products and turning points in the company's history. They include the late Hugo Quackenbush, Schwab's colorful spokesman from the early days; David Pottruck, the outspoken former CEO who was ousted in 2004; and John Coghlan, a former vice chairman who helped build Schwab's powerful network of indep

Gold buying becomes frantic in India, strongest since 2008 Submitted by cpowell on 05:59AM ET Tuesday, May 14, 2013. Section: Daily Dispatches Gold Rush Spooks Economy as Trade Deficit Surges to $17.8 Billion By Dilasha Seth and Sutanuka Ghosal The Times of India, Mumbai Tuesday, May 14, 2013 http://economictimes.indiatimes.com/news/economy/indicators/gold-rush-sp... India's gold rush spooked the economy again as frantic purchases in April widened the trade deficit to a disturbing $17.8 billion, but people queued up to buy even more coins and ornaments on an auspicious gold-buying festival on Monday, setting the stage for an even bigger gap between imports and exports. The sharp fall in gold prices last month unleashed pent-up demand in India, lifting the import bill for bullion to $7.5 billion in April, up from a relatively modest $3.5 billion in the same month a year ago. Accelerating gold imports contribute to the current account deficit, whic