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Daily Dispatches
G7 expected to issue statement to cool currency war talk
Submitted by cpowell on Mon, 2013-02-11 11:50 Section: Daily DispatchesThey say they want both "market-determined exchange rates" and "stability" -- contradictions in terms. So of course there will continue to be constant interventions, both open and surreptitious.
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From Reuters
Monday, February 11, 2013
http://www.reuters.com/article/2013/02/11/g7-forex-idUSL5N0BBBHP20130211
Gene Arensberg's Got Gold Report sees shares testing support
Submitted by cpowell on Sun, 2013-02-10 21:45 Section: Daily Dispatches9:42p ET Sunday, February 10, 2013
Dear Friend of GATA and Gold:
Gene Arensberg's Got Gold Report tonight sees or at least imagines a bottom for gold mining shares, a testing of long-term support. His commentary is headlined "What Is Wrong with This Picture?" and it's posted at the GGR's Internet site here:
Putin turns black gold into bullion as Russia outbuys world
Submitted by cpowell on Sun, 2013-02-10 19:57 Section: Daily DispatchesBy Scott Rose and Olga Tanas
Bloomberg News
Sunday, February 10, 2013
http://www.bloomberg.com/news/2013-02-10/putin-turns-black-gold-into-bul...
MOSCOW -- When Vladimir Putin says the United States is endangering the global economy by abusing its dollar monopoly, he's not just talking. He’s betting on it.
Venezuelan devaluation sparks panic buying
Submitted by cpowell on Sun, 2013-02-10 19:41 Section: Daily DispatchesBy Benedict Mander
Financial Times, London
Sunday, February 10, 2013
http://www.ft.com/intl/cms/s/0/12e9f32e-739e-11e2-9e92-00144feabdc0.html
CARACAS, Venezuela -- Panic buyers thronged Venezuelan shops over the carnival weekend after the government of Hugo Chavez announced a surprise devaluation that analysts said was overdue but would only partly right the listing economy.
Unfunded liabilities guarantee crackup, Sprott tells King World News
Submitted by cpowell on Sun, 2013-02-10 16:56 Section: Daily Dispatches4:56p ET Sunday, February 10, 2013
Dear Friend of GATA and Gold (and Silver):
Alasdair Macleod: The impossibility of economic calculation in a fiat world
Submitted by cpowell on Sun, 2013-02-10 15:24 Section: Daily Dispatches3:23p ET Sunday, February 10, 2013
Dear Friend of GATA and Gold:
King World News responds to attack on its Internet site
Submitted by cpowell on Sat, 2013-02-09 23:49 Section: Daily Dispatches11:44p ET Saturday, February 9, 2013
Dear Friend of GATA and Gold:
GATA tonight received a statement from King World News proprietor Eric King about a recent attack on his network's Internet site. As King World News distributes crucial news and commentary about the monetary metals markets to which GATA calls attention, King's statement is appended.
CHRIS POWELL, Secretary/Treasurer
Venezuela devalues currency by 32%
Submitted by cpowell on Fri, 2013-02-08 16:43 Section: Daily DispatchesBy Eyanir Chinea
Reuters
Friday, February 8, 2013
http://www.reuters.com/article/2013/02/08/venezuela-currency-devaluation...
CARACAS -- Venezuela devalued its bolivar currency to 6.3 per dollar from 4.3 per dollar, the finance minister said today, in a widely expected move to shore up government finances after blowout government spending last year.
Russian policy study group notes GATA's exposure of gold price suppression
Submitted by cpowell on Fri, 2013-02-08 14:16 Section: Daily Dispatches2:17p ET Friday, February 8, 2013
Dear Friend of GATA and Gold:
GATA's work has come to the attention of a public policy study organization in Russia, the Strategic Culture Foundation, whose researcher, Valentin Katasonov, notes particularly GATA's publication of secret records from the International Monetary Fund confirming gold price suppression by Western central banks:
This story shall the good man teach his son
Submitted by cpowell on Fri, 2013-02-08 00:59 Section: Daily Dispatches1:04a ET Friday, February 9, 2013
Dear Friend of GATA and Gold:
Jim Sinclair tonight appeals to his comrades in golden arms for a little courage.
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