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Daily Dispatches
China reassures on dollar strategy
Submitted by cpowell on Fri, 2009-12-04 23:51 Section: Daily DispatchesBy Terence Poon
Dow Jones Newswires
via The Wall Street Journal
Saturday, December 5, 2009
James Grant: Requiem for the dollar
Submitted by cpowell on Fri, 2009-12-04 22:58 Section: Daily DispatchesIn this long essay from The Wall Street Journal, James Grant of Grant's Interest Rate Observer remarks that the Federal Reserve "isn't overtly manipulating" the gold market. His implication is that the Fed might be manipulating the gold market covertly. Maybe this is a small step in the right direction by someone who surely is erudite enough to know better already.
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Best-performing fund of last 10 years is BlackRock gold
Submitted by cpowell on Fri, 2009-12-04 19:04 Section: Daily DispatchesBy Emma Wall
The Telegraph, London
Friday, December 4, 2009
http://www.telegraph.co.uk/finance/personalfinance/investing/gold/672893...
A gold fund is the best performing investment fund of the past decade.
Israeli central banker says world must accept a weaker dollar
Submitted by cpowell on Thu, 2009-12-03 20:05 Section: Daily DispatchesBy Daniel Bases
Reuters
Thursday, December 3, 2009
http://www.reuters.com/article/usDollarRpt/idUSN0310218520091203
NEW YORK -- Bank of Israel Governor Stanley Fischer said on Thursday the world has to accept a weaker U.S. dollar in order to ensure the global economy recovers soundly.
China denounces U.S. banks for 'evil intent' with derivatives
Submitted by cpowell on Thu, 2009-12-03 16:15 Section: Daily DispatchesBy Jamil Anderlini
Financial Times, London
Thursday, December 3, 2009
http://www.ft.com/cms/s/0/9d3ce434-e029-11de-8494-00144feab49a.html
China urged to avoid open markets when buying gold
Submitted by cpowell on Thu, 2009-12-03 16:07 Section: Daily DispatchesThat's the objective of all central banks: avoiding open markets in gold.
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China Needs to Buy Gold in Long-Term, Industry Executive Says
By Chikako Mogi
Reuters
Thursday, December 3, 2009
http://in.reuters.com/article/domesticNews/idINT21418620091203
Reuters can't figure gold out, so it must be a bubble
Submitted by cpowell on Thu, 2009-12-03 15:57 Section: Daily DispatchesInvestors Taking Contradictory Path with Gold
By Jeremy Gaunt
Reuters
Thursday, December 3, 2009
http://www.reuters.com/article/ousivMolt/idUSTRE5B23R320091203
More simulated gold products on the way
Submitted by cpowell on Thu, 2009-12-03 10:40 Section: Daily DispatchesS&P Launches Gold-Hedged Index To Protect Against Dollar Risk
By Joan E. Solsman
Dow Jones Newswires
via The Wall Street Journal
Thursday, December 3, 2009
Gene Arensberg: Comex commercials position for gold, silver correction
Submitted by cpowell on Wed, 2009-12-02 16:35 Section: Daily Dispatches4:30p ET Wednesday, December 2, 2009
Dear Friend of GATA and Gold (and Silver):
After quietly doubling reserves, China is wary of gold 'bubble'
Submitted by cpowell on Wed, 2009-12-02 16:24 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, December 2, 2009
http://www.telegraph.co.uk/finance/china-business/6712676/China-wary-of-...
The Chinese authorities have given the clearest indication to date that they view the surge in gold to an all-time high of $1,217 (L730) an ounce as a speculative frenzy.
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