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Daily Dispatches
Gold-coin sales reaching one-year high signal no end to rally
Submitted by cpowell on Sun, 2011-05-15 23:03 Section: Daily DispatchesBy Nicholas Larkin and Pham-Duy Nguyen
Bloomberg News
Sunday, May 15, 2011
http://www.bloomberg.com/news/2011-05-15/gold-coin-sales-at-one-year-hig...
U.S. should sell assets like gold to cut debt, conservative economists say
Submitted by cpowell on Sun, 2011-05-15 22:43 Section: Daily DispatchesIf the U.S. government ever talks seriously about selling gold, it will be because the gold is already long gone, just as the gold supposedly sold by the Western European central banks in the last decade was actually secretly leased gold that was long gone and could not be recovered without exploding the market.
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IMF to sell gold to raise bail for Strauss-Kahn
Submitted by cpowell on Sun, 2011-05-15 18:41 Section: Daily DispatchesBy Ben Dover
Financial Crimes, London
Sunday, May 15, 2011
http://www.ft.com/intl/cms/s/0/415d008c-7e97-11e0-9e98-00144feabdc0.html
Zimbabwe's central banker urges gold-backed Zimbabwe dollar
Submitted by cpowell on Sun, 2011-05-15 12:37 Section: Daily DispatchesFrom New Zimbabwe
Birmingham, England, UK
Sunday, May 15, 2011
http://www.newzimbabwe.com/business-5127-RBZ+urges+gold-backed+Zim+dolla...
The central bank says the country must consider adopting a gold-backed Zimbabwean dollar, warning that the US greenback's days as the world's reserve currency are numbered.
Anybody else want to run the IMF?
Submitted by cpowell on Sat, 2011-05-14 23:23 Section: Daily DispatchesJust because you can do it to the whole world doesn't mean you can do it to a hotel maid.
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New York Police Question IMF Head in Hotel Sex Assault
By Colleen Long
Associated Press
via Yahoo News
Saturday, May 14, 2011
Issue No. 5 of the Gold Standard Institute's newsletter
Submitted by cpowell on Sat, 2011-05-14 22:38 Section: Daily Dispatches10:33p ET Saturday, May 14, 2011
Dear Friend of GATA and Gold (and Silver):
Issue No. 5 of the Gold Standard Institute's newsletter has essays on the misapprehension that currencies are money, gold confiscation, the "real bills" doctrine, and several other topics. You can find it here:
http://www.goldstandardinstitute.net/GSI/wp-content/uploads/2010/06/TheG...
With King World News, Jim Rickards muses on getting the dollar back to gold
Submitted by cpowell on Sat, 2011-05-14 22:29 Section: Daily Dispatches10:23p ET Saturday, May 14, 2011
Dear Friend of GATA and Gold (and Silver):
Weekly precious metals review at King World News
Submitted by cpowell on Sat, 2011-05-14 21:58 Section: Daily Dispatches9:55p ET Saturday, May 14, 2011
Dear Friend of GATA and Gold (and Silver):
Miners pare their hedging positions as gold soars
Submitted by cpowell on Fri, 2011-05-13 23:52 Section: Daily DispatchesBy Matt Day
Dow Jones Newswires
via The Wall Street Journal
http://online.wsj.com/article/BT-CO-20110513-716995.html
Gold producers continued to head for the exits in the metals markets last year, bowing to pressure from investors who want to reap the full benefits of soaring prices.
Griffiths, Yamada offer sky-high gold, silver predictions at King World News
Submitted by cpowell on Fri, 2011-05-13 21:56 Section: Daily Dispatches9:48p ET Friday, May 13, 2011
Dear Friend of GATA and Gold (and Silver):
After a lousy two weeks, gold and silver investors may deserve some visions of sugarplums, and King World News has them tonight.
First is an interview with Cazenove market analyst Robin Griffiths, who thinks silver could go to $450 and gold to $12,000: