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Daily Dispatches
Cromwell must be laughing over Ireland's forfeited gold
Submitted by cpowell on Thu, 2011-09-01 21:00 Section: Daily Dispatches9:01p ET Thursday, September 1, 2011
Dear Friend of GATA and Gold:
Our friend R.M. in Ireland acted on GATA's appeal the other day to query his country's central bank about the status of its gold reserves. He wrote:
"Could you clarify a number of points on the gold holdings of the Central Bank of Ireland? Note 10 on Page 98 of the bank's 2010 annual report --
GATA's London conference described in Anglo Far-East market letter
Submitted by cpowell on Thu, 2011-09-01 19:45 Section: Daily Dispatches7:37p ET Thursday, September 1, 2011
Dear Friend of GATA and Gold:
Longtime GATA supporter Anglo Far-East Bullion Co. was well-represented at GATA's Gold Rush 2011 conference in London a month ago and reports about it at length in its monthly market letter, the Global Insider, which you can find here:
http://www.gata.org/files/AngloFarEastGlobalInsiderAugust2011.pdf
New York Sun: Looking forward to gold
Submitted by cpowell on Thu, 2011-09-01 18:21 Section: Daily Dispatches6:16p ET Thursday, September 1, 2011
Dear Friend of GATA and Gold:
Today's editorial in the New York Sun celebrates the rapidly growing consideration of returning the United States to the use of gold as currency, an idea acknowledged at length this week by the cable news network CNBC. The Sun's editorial is headlined "Looking Forward to Gold" and you can find it here:
Phantom gold haunts GLD vault tour
Submitted by cpowell on Thu, 2011-09-01 15:28 Section: Daily DispatchesBy Joe Morris
Financial Times, London
Thursday, September 1, 2011
http://www.ft.com/intl/cms/s/0/d90e9d80-d4ac-11e0-a7ac-00144feab49a.html
The SPDR Gold Trust (GLD) may have sought to defuse conspiracy theorists by opening up its massive London gold vault to CNBC, but instead it opened up a new line of inquiry.
In the segment --
Swiss franc jumps as economy minister dismisses intervention
Submitted by cpowell on Wed, 2011-08-31 21:41 Section: Daily DispatchesBy Nick Olivari and Julie Haviv
Reuters
Wednesday, August 31, 2011
http://www.reuters.com/article/2011/08/31/markets-forex-idUSN1E77U1E3201...
NEW YORK -- The Swiss franc jumped against the euro and the dollar on Wednesday after a top Swiss government official said the nation would have to live with a strong currency and the Swiss National Bank (SNB) stayed away from intervention.
How exchange-traded fund GLD lets you pretend to own gold
Submitted by cpowell on Wed, 2011-08-31 21:04 Section: Daily Dispatches9:21p ET Wednesday, August 31, 2011
Dear Friend of GATA and Gold:
Doug Hornig of Casey Research yesterday did a pretty good job of confirming the old doubts about the major gold exchange-traded fund, the SPDR Gold Trust's GLD, whose operations long have been questioned by GATA, most expertly by our consultant, GoldMoney founder and Free Gold Money Report publisher James Turk:
Emerging market central banks boost gold holdings in July
Submitted by cpowell on Wed, 2011-08-31 20:05 Section: Daily DispatchesBy Amanda Cooper
Reuters
Wednesday, August 31, 2011
http://www.reuters.com/article/2011/08/31/gold-cenbanks-idUSL5E7JV18N201...
LONDON -- Colombia joined the ranks of official-sector gold buyers in July for the first time in 13 years, along with Russia, mirroring the trend among emerging central banks to diversify their currency portfolios.
WSJournal, NYTimes commentaries urge: Murder gold
Submitted by cpowell on Wed, 2011-08-31 12:32 Section: Daily Dispatches12:30p ET Wednesday, August 31, 2011
Dear Friend of GATA and Gold:
Commentaries in The Wall Street Journal today and The New York Times yesterday plainly confessed the emnity of government and financial institutions generally toward gold.
How new Chinese gold exchange may defeat paper market
Submitted by cpowell on Tue, 2011-08-30 16:49 Section: Daily Dispatches4:45p ET Tuesday, August 30, 2011
Dear Friend of GATA and Gold:
Fed to hasten currencies' race to the bottom, Leeb tells King World News
Submitted by cpowell on Tue, 2011-08-30 16:28 Section: Daily Dispatches4:25p ET Tuesday, August 30, 2011
Dear Friend of GATA and Gold (and Silver):