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Daily Dispatches
Iran presses ahead with attack on dollar
Submitted by cpowell on Sun, 2012-02-12 18:21 Section: Daily DispatchesBy Garry White
The Telegraph, London
Sunday, February 12, 2012
http://www.telegraph.co.uk/finance/commodities/9077600/Iran-presses-ahea...
Gold needn't fear rising rates, Macleod says; and Calandra on a Russian play
Submitted by cpowell on Sun, 2012-02-12 14:21 Section: Daily Dispatches11:18a PT Sunday, February 12, 2012
Dear Friend of GATA and Gold:
Sudan central bank raises dollar supply after gold sale
Submitted by cpowell on Sun, 2012-02-12 12:02 Section: Daily DispatchesBy Khalid Abdelaziz and Ulf Laessing
Reuters
Sunday, February 12, 2012
http://af.reuters.com/article/sudanNews/idAFL5E8DC3H720120212
KHARTOUM, Sudan -- Sudan's central bank is increasing dollar supplies to local banks to stop a slide of the Sudanese pound after it generated more than $300 million from gold sales, a central bank official said on Sunday.
Vietnam has written the book on gold; the West should read it
Submitted by cpowell on Sun, 2012-02-12 11:36 Section: Daily Dispatches8:38a 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
Submitted by cpowell on Sat, 2012-02-11 20:28 Section: Daily Dispatches5:32p 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":
Gold advocate Pollitt 'cared more about being right than being rich'
Submitted by cpowell on Sat, 2012-02-11 04:02 Section: Daily DispatchesCynical 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
Submitted by cpowell on Thu, 2012-02-09 22:10 Section: Daily Dispatches7:18p 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
Submitted by cpowell on Thu, 2012-02-09 21:37 Section: Daily Dispatches6:35p PT Thursday, February 9, 2012
Dear Friend of GATA and Gold:
The terror is currency destruction, Leeb tells King World News
Submitted by cpowell on Thu, 2012-02-09 13:12 Section: Daily Dispatches12:10p 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
Submitted by cpowell on Thu, 2012-02-09 12:54 Section: Daily Dispatches11:48p CT Thursday, February 9, 2012
Dear Friend of GATA and Gold (and Silver):
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