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Daily Dispatches

Vietnam has written the book on gold; the West should read it

Section: Daily Dispatches

8:38a PT Sunday, February 12, 2012

Dear Friend of GATA and Gold:

The Agence France-Presse story from Hanoi appended here demonstrates a few things not plainly understood by the financial news media and even economists in the West:

1) Gold is money, and sometimes much better money than governments offer.

2) Because of that, governments seek to control gold and its price.

What's crazier than creationism and gold? It's in your wallet

Section: Daily Dispatches

5:32p PT Saturday, February 11, 2012

Dear Friend of GATA and Gold:

Lawrence Summers, former U.S. treasury secretary and president of Harvard, is reported to have remarked the other day that "the gold standard is the creationism of economics":

http://www.gata.org/node/10955

Gold advocate Pollitt 'cared more about being right than being rich'

Section: Daily Dispatches

Cynical Financial Adviser Forecast Gold's Astronomical Rise

By Nicholas Johnson
The Globe and Mail, Toronto
Saturday, February 11, 2012

http://www.theglobeandmail.com/deaths/cynical-financial-adviser-forecast...

A 'controlled retreat' by central banks in the gold market isn't nearly enough

Section: Daily Dispatches

7:18p PT Thursday, February 9, 2012

Dear Friend of GATA and Gold:

In his commentary this week, "Gold Cars and Gas Stations," posted at GoldSeek, 24hGold, and 321Gold --

http://news.goldseek.com/GoldSeek/1328632354.php

http://www.24hgold.com/english/news-gold-silver-gold-cars-and-gas-statio...

Davies sees new interest in gold, fair value at $4,000

Section: Daily Dispatches

6:35p PT Thursday, February 9, 2012

Dear Friend of GATA and Gold:

The terror is currency destruction, Leeb tells King World News

Section: Daily Dispatches

12:10p CT Thursday, February 9, 2012

Dear Friend of GATA and Gold:

Fund manager Stephen Leeb today tells King World News that people who try to link gold buying to terrorism are actually terrified that the United States may be destroying its own currency. An excerpt from the interview is posted at the King World News blog here:

Ted Butler: Enough is enough

Section: Daily Dispatches

11:48p CT Thursday, February 9, 2012

Dear Friend of GATA and Gold (and Silver):

Brokers suspended in LIBOR manipulation inquiry

Section: Daily Dispatches

By Caroline Binham, Brooke Masters and Megan Murphy
Financial Times, London
Wednesday, February 8, 2012

http://www.ft.com/intl/cms/s/0/7021cdb4-527a-11e1-ae2c-00144feabdc0.html

Norcini and Hathaway interviewed at King World News

Section: Daily Dispatches

9:45p ET Wednesday, February 8, 2012

Dear Friend of GATA and Gold:

Futures market analyst Dan Norcini tells King World News that Federal Reserve Chairman Ben Bernanke has given the lie to the latest U.S. jobs report and that zero interest rates are keeping a strong bid under gold. An excerpt from the interview is posted at the King World News blog here:

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