You are here
Daily Dispatches
Mike Kosares: BIS gold swap signifies a threat to Europe, not to gold
Submitted by cpowell on Mon, 2010-07-12 22:23 Section: Daily DispatchesBy Michael J. Kosares
Centennial Precious Metals, Denver
USAGold.com
Monday, July 12, 2010
http://www.usagold.com/amk/newsgroup-form.html
Is it just a coincidence that Portugal has (or had) 382 tonnes of gold in reserve and that the amount of gold the Bank for International Settlements recently inventoried via a swap arrangement was 380 tonnes?
Murray Pollitt: Investors and fund managers are too distant from their money
Submitted by cpowell on Mon, 2010-07-12 21:53 Section: Daily Dispatches9:47p ET Monday, June 12, 2010
Dear Friend of GATA and Gold:
James Turk: Fear Index at 16-year high amid dollar debasement
Submitted by cpowell on Mon, 2010-07-12 21:43 Section: Daily Dispatches9:42p ET Monday, July 12, 2010
Dear Friend of GATA and Gold:
GoldMoney founder, Freemarket Gold & Money Report editor, and GATA consultant James Turk reports that his "fear index" is at a 16-year high as a result of debasement of the U.S. dollar. Turk's commentary is headlined "Fear Index Rises to 16-Year High" and you can find it at the FGMR Internet site here:
Ben Davies: Money, the real stuff
Submitted by cpowell on Mon, 2010-07-12 16:27 Section: Daily Dispatches4:23p ET Monday, July 12, 2010
Dear Friend of GATA and Gold:
Hinde Capital CEO Ben Davies discourses today at King World News on the nature of money and concludes that the current market bubble isn't in gold but in paper money, and it's a bubble about to be pricked. Davies' essay is headlined "Money, the Real Stuff" and you can find it at the King World News blog here:
Tinfoil hats are earned just by questioning central banks
Submitted by cpowell on Mon, 2010-07-12 11:15 Section: Daily Dispatches11:21a ET Monday, July 12, 2010
Dear Friend of GATA and Gold:
The enormity and mystery of the gold swaps recently undertaken by the Bank for International Settlements without any announcement seem to have shaken some ordinarily respectable and respectful observers into doubt.
South African metals analyst complains of silver price manipulation
Submitted by cpowell on Sun, 2010-07-11 21:15 Section: Daily DispatchesSilver 'Robbed of its Lustre'
From the Sunday Times
Johannesburg, South Africa
Sunday, July 11, 2010
http://www.timeslive.co.za/business/article545100.ece/Silver-robbed-of-i...
Telegraph notes BIS gold swap mystery, quotes GATA's Douglas
Submitted by cpowell on Sun, 2010-07-11 21:02 Section: Daily DispatchesSecret Gold Swap Has Spooked the Market
By Garry White and Rowena Mason
The Telegraph, London
Sunday, July 11, 2010
http://www.telegraph.co.uk/finance/markets/7884272/Secret-gold-swap-has-...
New Orleans is back in Top 10 cities list, so join GATA there
Submitted by cpowell on Sun, 2010-07-11 13:01 Section: Daily Dispatches1:32p ET Sunday, July 11, 2010
Dear Friend of GATA and Gold (and Silver):
If you'd like to have a great time, learn a lot, and do a good deed for GATA, consider attending this year's New Orleans Investment Conference, to be held Wednesday through Saturday, October 27-30, at the Hilton New Orleans Riverside hotel.
Gene Arensberg: Huge short covering in gold by large commercials
Submitted by cpowell on Sun, 2010-07-11 12:09 Section: Daily Dispatches12:06p ET Sunday, July 11, 2010
Dear Friend of GATA and Gold (and Silver):
In his Got Gold Report this weekend, Gene Arensberg finds the large commercial shorts in gold covering their positions hugely but much less short covering in silver. You can find the Got Gold Report here:
http://www.gotgoldreport.com/20100710COTflashPDF.pdf
CHRIS POWELL, Secretary/Treasurer
FT's Lex on gold and the BIS: Nothing to see here
Submitted by cpowell on Sun, 2010-07-11 01:38 Section: Daily Dispatches1:32a ET Sunday, July 11, 2010
Dear Friend of GATA and Gold:
Last week's pseudonymous "Lex" column in the Financial Times about the recent strange and hidden gold swaps undertaken by the Bank for International Settlements was typical FT -- high-falutin' dismissiveness about gold that avoided any original research, avoided even seeking on-the-record comment from the source, the BIS itself.