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Daily Dispatches
China said to consider gradual rise in gold reserves
Submitted by cpowell on Wed, 2010-11-17 10:59 Section: Daily DispatchesBy Feiwen Wrong
Bloomberg News
Tuesday, November 16, 2010
http://www.bloomberg.com/news/2010-11-16/china-considers-increasing-gold...
BEIJING -- China is considering gradually increasing the nation's gold reserves, the 21st Century Business Herald reported today, citing an unidentified consultant to the government.
Gene Arensberg's Got Gold Report for Nov. 14 posted in the clear
Submitted by cpowell on Tue, 2010-11-16 20:27 Section: Daily Dispatches8:24p ET Tuesday, November 16, 2010
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's complete Got Gold Report for November 14, with emphasis on the wild happenings in the silver market, has been posted in the clear at the Got Gold Report Internet site here:
http://www.gotgoldreport.com/2010/11/sunday-ggr-now-public.html
CHRIS POWELL, Secretary/Treasurer
China eyes price controls to fight inflation
Submitted by cpowell on Tue, 2010-11-16 14:36 Section: Daily DispatchesAll they really need are a U.S.-style Consumer Price Index and Bureau of Labor Statistics.
* * *
By Geoff Dyer
Financial Times, London
Tuesday, November 16, 2010
http://www.ft.com/cms/s/0/a49d39f4-f17b-11df-8609-00144feab49a.html#axzz...
What's the U.S. gold/dollar ratio?
Submitted by cpowell on Tue, 2010-11-16 14:27 Section: Daily Dispatches2:25p ET Tuesday, November 16, 2010
Dear Friend of GATA and Gold:
How many dollars are circulating for every ounce of gold held by the United States? Assuming that the U.S. gold reserve has the gold it claims to have, at King World News they calculate that the gold/dollar ratio is 1 ounce to almost $54,000. You can find it here:
CHRIS POWELL, Secretary/Treasurer
Margin increases won't knock metals down for long, Turk tells KWN
Submitted by cpowell on Tue, 2010-11-16 14:18 Section: Daily Dispatches2:17p ET Tuesday, November 16, 2010
Dear Friend of GATA and gold (and Silver):
Gene Arensberg: Big commercial shorts still covering in silver
Submitted by cpowell on Mon, 2010-11-15 20:41 Section: Daily Dispatches8:35p ET Monday, November 15, 2010
Dear Friend of GATA and Gold (and Silver):
James Turk: Silver still bullish despite Friday's tape painting
Submitted by cpowell on Sun, 2010-11-14 22:44 Section: Daily Dispatches10:36p ET Sunday, November 14, 2010
Dear Friend of GATA and Gold (and Silver):
No safe currencies anymore, just precious metals, Turk tells MMNews
Submitted by cpowell on Sun, 2010-11-14 13:20 Section: Daily Dispatches1:15p ET Sunday, November 14, 2010
Dear Friend of GATA and Gold (and Silver):
Use gold as the measure of currencies, Jim Rickards tells CNBC
Submitted by cpowell on Sun, 2010-11-14 11:49 Section: Daily Dispatches11:50a ET Sunday, November 14, 2010
Dear Friend of GATA and Gold:
James Grant: How to make the dollar sound again
Submitted by cpowell on Sat, 2010-11-13 21:10 Section: Daily DispatchesBy James Grant
The New York Times
Sunday, November 14, 2010
http://www.nytimes.com/2010/11/14/opinion/14grant.html
By disclosing a plan to conjure $600 billion to support the sagging economy, the Federal Reserve affirmed the interesting fact that dollars can be conjured. In the digital age, you don't even need a printing press.
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