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Daily Dispatches
World Gold Council doesn't necessarily share GATA's views
Submitted by cpowell on Thu, 2009-12-31 12:08 Section: Daily DispatchesBy Clara Denina
FastMarkets.com
via TheBullionDesk.com
Thursday, December 31, 2009
LONDON -- The World Gold Council (WGC) respects the Gold Anti-Trust Action Committee's right to hold views relating to the U.S. Federal Reserve's records of its gold market interventions but it does not share them, it said on Thursday.
China affirms gradual diversification of FX reserves
Submitted by cpowell on Thu, 2009-12-31 11:18 Section: Daily DispatchesChina: US Dollar Important For Reserves; 2010 Key Year
By J.R. Wu, Juan Chen, and Victoria Ruan
Dow Jones Newswires
via The Wall Street Journal
Thursday, December 31, 2009
Jim Sinclair notes GATA's lawsuit against Fed
Submitted by cpowell on Wed, 2009-12-30 20:19 Section: Daily Dispatches8:15p ET Wednesday, December 30, 2009
Dear Friend of GATA and Gold:
Zero Hedge praises GATA's lawsuit against Fed
Submitted by cpowell on Wed, 2009-12-30 20:11 Section: Daily Dispatches8p ET Wednesday, December 30, 2009
Dear Friend of GATA and Gold:
Dollar's share of international reserves declines
Submitted by cpowell on Wed, 2009-12-30 18:50 Section: Daily DispatchesBy Meena Thiruvengadam
Dow Jones Newswires
via The Wall Street Journal
Wednesday, December 30, 2009
http://online.wsj.com/article/BT-CO-20091230-707234.html
Data released by the International Monetary Fund on Wednesday showed global official foreign exchange reserves rose to $7.52 trillion at the end of the third quarter from $7.18 trillion at the end of the second quarter.
GATA distributes international press release on lawsuit vs. Fed
Submitted by cpowell on Wed, 2009-12-30 18:37 Section: Daily DispatchesGATA Press Release via Business Wire
GATA Sues Federal Reserve to Disclose
Gold Market Intervention Records
Wednesday, December 30, 2009
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_v...
GATA sues Fed to disclose gold market intervention records
Submitted by cpowell on Wed, 2009-12-30 13:33 Section: Daily Dispatches2p ET Wednesday, December 30, 2009
Dear Friend of GATA and Gold:
GATA today brought suit against the U.S. Federal Reserve Board, seeking a court order for disclosure of the central bank's records of its surreptitious market intervention to suppress the monetary metal's price.
Peter Grandich to emcee Murphy roast at Phoenix conference
Submitted by cpowell on Tue, 2009-12-29 18:03 Section: Daily Dispatches6p ET Tuesday, December 29, 2009
Dear Friend of GATA and Gold:
Peter Grandich, chief market analyst for Agoracom.com, will be master of ceremonies for the dinner roasting GATA Chairman Bill Murphy during the Phoenix Resource Investment Conference in February.
Instead of paying Goldman, China buys mine in Ecuador
Submitted by cpowell on Tue, 2009-12-29 17:36 Section: Daily DispatchesFrom Reuters
Tuesday, December 29, 2009
http://www.reuters.com/article/idUSTRE5BS33Y20091229
CALGARY, Alberta -- Canadian mining stocks jumped on Tuesday after Corriente Resources Inc., which has a copper-gold project in Ecuador, agreed to be taken over by Chinese suitors in their country's latest bid for an international resource developer.
Chinese power company refuses to pay derivatives losses to Goldman
Submitted by cpowell on Tue, 2009-12-29 16:57 Section: Daily DispatchesBy Eadie Chen and Chen Aizhu
Reuters
Tuesday, December 29, 2009
http://www.reuters.com/article/idUSSGE5BS09T20091229
BEIJING -- A small Chinese power generator on Tuesday rejected demands from a Goldman Sachs unit to pay for nearly $80 million lost on two oil hedging contracts, part of a long-running dispute over how China deals with derivatives losses.