Daily Dispatches

Ambrose Evans-Pritchard: China, gold, and the civilization shift

Submitted by cpowell on Thu, 2009-11-26 11:56 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, November 26, 2009

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100002252/ch...

Stephen Jen from the hedge fund Blue Gold Capital has a warning for those who think that gold has risen far too high, is necessarily in a speculative bubble, and must soon come clattering back down.

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Fear pushes U.S. govt. debt interest rates negative

Submitted by cpowell on Wed, 2009-11-25 22:21 Section: Daily Dispatches

By Michael Mackenzie
Financial Times, London
Tuesday, November 24, 2009

http://www.ft.com/cms/s/0/38a7e9b0-d92b-11de-b2d5-00144feabdc0.html

Negative interest rates are back. Yields on short-term US government debt have fallen into negative territory as banks and investors park their cash in havens before the end of the year.

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Fed will destroy itself, and gold price is rigged, Paul tells CNBC

Submitted by cpowell on Wed, 2009-11-25 21:44 Section: Daily Dispatches

9:41p ET Wednesday, November 25, 2009

Dear Friend of GATA and Gold:

Read more about Fed will destroy itself, and gold price is rigged, Paul tells CNBC

GoldSeek Radio interviews GATA's Murphy and Powell

Submitted by cpowell on Wed, 2009-11-25 20:54 Section: Daily Dispatches

8:50p ET Wednesday, November 25, 2009

Dear Friend of GATA and Gold (and Silver):

GoldSeek Radio's Chris Waltzek interviewed GATA Chairman Bill Murphy and your secretary/treasurer for about 11 minutes this week about the grudging legitimacy that is starting to be accorded to gold investing. You can listen to the interview at GoldSeek Radio here:

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GoldSeek plans monthly investor conferences around U.S.

Submitted by cpowell on Wed, 2009-11-25 20:39 Section: Daily Dispatches

8:35p ET Wednesday, November 25, 2009

Dear Friend of GATA and Gold:

Our friends at GoldSeek.com are attempting something ambitious -- a new monthly national investor forum, the Gold and Precious Metals Guild, which will hold small conferences in various cities around the country.

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No gold for coins again; will collectors settle for GLD shares?

Submitted by cpowell on Wed, 2009-11-25 20:08 Section: Daily Dispatches

U.S. Mint to Suspend 1-oz. Gold Coins

By Frank Tang
Reuters
Wednesday, November 25, 2009

http://www.reuters.com/article/fundsFundsNews/idUSN2536556520091125

NEW YORK -- The U.S. Mint said on Wednesday it will suspend sales of the popular American Eagle 1-ounce bullion coins as rising demand depleted its inventory.

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Russian central bank wants more Canadian, fewer U.S. dollars

Submitted by cpowell on Wed, 2009-11-25 14:55 Section: Daily Dispatches

By Alex Nicholson and Paul Abelsky
Bloomberg News
Wednesday, November 25, 2009

http://www.bloomberg.com/apps/news?pid=20601083&sid=at5XsdLU.68w

MOSCOW -- Russia's central bank will add Canadian dollars to its reserves and may include more currencies as it seeks to reduce its dependence on the U.S dollar.

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Sri Lanka buys 10 tonnes of IMF gold

Submitted by cpowell on Wed, 2009-11-25 14:44 Section: Daily Dispatches

From Agence France-Presse
via Yahoo News
Wednesday, November 25, 2009

http://news.yahoo.com/s/afp/20091125/bs_afp/imffinancegoldsrilanka_20091...

WASHINGTON -- The International Monetary Fund said Wednesday it had sold 10 tonnes of gold to Sri Lanka's central bank for $375 million, as part of a restructuring of IMF financial resources.