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Daily Dispatches

GATA goes to work on Britain

Section: Daily Dispatches

2a BST Thursday, May 7, 2009

Dear Friend of GATA and Gold:

Wednesday was a great first day of work for GATA's delegation to London -- GATA Chairman Bill Murphy; Sprott Asset Management's chief investment strategist, John Embry; John's wife, Nancy; and your secretary/treasurer.

China warns of worldwide devaluations and inflation

Section: Daily Dispatches

By Sandy Hendry
Bloomberg News
Wednesday, May 6, 2009

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=appzGzSLS6bw

HONG KONG --Global central banks risk inflation, currency devaluation, and a "big consolidation' in bond markets by pumping cash into their economies, the People's Bank of China said in its quarterly monetary policy report.

Gene Arensberg: Silver bullish, natural gas reversal likely

Section: Daily Dispatches

11:17a BST Tuesday, May 5, 2009

Dear Friend of GATA and Gold (and Silver):

Venezuela wants to buy more gold produced locally

Section: Daily Dispatches

By Daniel Cancel and Matthew Walter
Bloomberg News
Tuesday, May 4, 2009

http://www.bloomberg.com/apps/news?pid=20601086&sid=a._KjQ1aRzBo&refer=l...

CARACAS, Venezuela -- Venezuela more than doubled the amount of gold that local producers must offer to the central bank in a bid to increase its reserves of the metal and reduce reliance on supporting them with U.S. dollars.

London headlines we'd like to see

Section: Daily Dispatches

10a BST Tuesday, May 6, 2009

Dear Friend of GATA and Gold:

As GATA's delegation arrived in London this morning, we imagined these news organization headlines.

Reuters: Gold Soars on GATA's London Visit.

The Telegraph: ECB Calls Emergency Meeting To Insist Nothing's Wrong.

Financial Times: Nothing IS Wrong.

More notice for gold suppression scheme and GATA

Section: Daily Dispatches

11:16a ET Monday, May 4, 2009

Dear Friend of GATA and Gold:

China has 'canceled U.S. credit card,' congressman says

Section: Daily Dispatches

From Agence France-Presse
via Google News
Thursday, April 30, 2009

http://www.google.com/hostednews/afp/article/ALeqM5i4estRSYeFBIII9kezxnP...

WASHINGTON -- China, wary of the troubled US economy, has already "canceled America's credit card" by cutting down purchases of debt, a US congressman said Thursday.

James Turk: A short history of the gold cartel

Section: Daily Dispatches

By James Turk, Editor
Freemarket Gold & Money Report
http://www.fgmr.com/
Sunday, May 3, 2009
Copyright 2009 by James Turk. All rights reserved.

MineWeb: Warren Buffet's good news for gold

Section: Daily Dispatches

By Alec Hogg, Editor
MineWeb.com
Sunday, May 3, 2009

OMAHA -- In the 44 years he's been building a reputation as the world's savviest investor, Warren Buffett has rarely offered any good news on gold. Until now.

With credit default swaps, banks do better if borrowers fail

Section: Daily Dispatches

Kazakh Bank Falls Foul of CDS

By Gillian Tett
Financial Times, London
Thursday, April 30, 2009

http://www.ft.com/cms/s/0/fa0428ee-35a7-11de-a997-00144feabdc0.html?ncli...

Mention the word "Kazakhstan" to a trader in New York or London, and the image of Borat is likely to spring to mind.

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