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Daily Dispatches

CFTC invites GATA to speak at March 25 hearing on metals trading

Section: Daily Dispatches

1p ET Sunday, March 14, 2010

Dear Friend of GATA and Gold (and Silver):

GATA Chairman Bill Murphy was formally invited Friday by the U.S. Commodity Futures Trading Commission to speak at its meeting in Washington on Thursday, March 25, to examine futures and options trading in the precious and base metals markets.

The CFTC's announcement of the hearing can be found here:

Chinese premier wants U.S. reassurance about dollar

Section: Daily Dispatches

Wen Rebuffs Yuan Calls, Says He's Worried About Dollar

By Michael Forsythe, Eugene Tang, Li Yanping, and Kevin Hamlin
Bloomberg News
Sunday, March 14, 2010

http://www.bloomberg.com/apps/news?pid=20601087&sid=acfksEqz2TGg&pos=1

Chinese Premier Wen Jiabao rebuffed calls for the yuan to appreciate and sought assurances that the U.S. will protect the value of China's dollar assets.

Gold's cross-currency strength signals its evolution

Section: Daily Dispatches

By Jan Harvey
Reuters
Friday, March 12, 2010

http://www.reuters.com/article/ousiv/idUSTRE62B1U320100312

LONDON -- Gold's rally to record highs in euro and sterling terms and the resilience of spot prices in the face of a rising dollar is sign-posting the metal's broadening insurance appeal, as sovereign debt fears shift to the fore.

Jim Rickards talks to King World News about China's plans for gold

Section: Daily Dispatches

5p ET Saturday, March 13, 2010

Dear Friend of GATA and Gold:

Morgan not building shorts in silver, Butler tells King World News

Section: Daily Dispatches

11:10a ET Saturday, March 13, 2010

Dear Friend of GATA and Gold (and Silver):

Ted Butler: Answering the skeptics

Section: Daily Dispatches

11p ET Friday, March 12, 2010

Dear Friend of GATA and Gold (and Silver):

With his latest commentary, silver market analyst Ted Butler again explains the silver price suppression scheme -- a matter of the concentrated short position held by JPMorgan Chase & Co. Butler's commentary is headlined "Answering the Skeptics" and you can find it at GoldSeek's companion site, SilverSeek, here:

Inflationist likely to be Obama's pick for Fed vice chairman

Section: Daily Dispatches

Yellen Said to Be Obama's Pick for Fed Vice Chairman

By Hans Nichols and Scott Lanman
Bloomberg News
Friday, March 12, 2010

http://www.bloomberg.com/apps/news?pid=20601087&sid=aKyXWYGlO.SA&pos=3

Morgan, Citigroup helped cause Lehman's collapse, examiner finds

Section: Daily Dispatches

By Linda Sandler and Don Jeffrey
Bloomberg News
Thursday, March 11, 2010

http://www.bloomberg.com/apps/news?pid=20601087&sid=aeMnMvXnUYHc&pos=1

NEW YORK -- JPMorgan Chase & Co. and Citigroup Inc. helped cause the illiquidity that led to the collapse of Lehman Brothers Holding Inc., the bankrupt bank's examiner said today in a report filed in Manhattan federal court.

Kinross acquiring Underwold at 36% premium

Section: Daily Dispatches

By Euan Rocha
Reuters
Thursday, March 11, 2010

http://www.reuters.com/article/idUSN1121144320100311?type=marketsNews

TORONTO -- Gold miner Kinross said on Thursday it has agreed to acquire exploration company Underworld Resources in a deal worth C$139.2 million ($135.3 million), expanding its asset base in northwest North America.

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