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Daily Dispatches
Even the Bundesbank is giving the usual sign of desperation about gold
Submitted by cpowell on Mon, 2003-10-13 03:00 Section: Daily DispatchesBy Ambrose Evans-Pritchard
Daily Telegraph, London
October 10, 2003
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BRUSSELS -- Russia is to start pricing its huge oil and gas
exports in euros instead of dollars as part of a stragetic
Yen carry trade unwinding risks 1998-style fall in dollar
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches5:43p ET Saturday, October 11, 2003
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of The Freemarket
Gold amp; Money Report and consultant to GATA, has posted
a new commentary at the GoldMoney Internet site,
wherein he asks whether the Oct. 3 pounding of gold on
the Comex did any damage to gold's trend as charted
against currencies. Turk's charts show that gold's upward
''Midas'' commentary for October 10 posted at GoldSeek
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches2:25p ET Sunday, October 12, 2003
Dear Friend of GATA and Gold:
What purports to be a Reuters story from London last
Thursday, appended here, forwarded by a GATA supporter
in Europe, does not seem to be available at the Reuters
Internet site, though many other stories by the author of
this story are available there. So either your
secretary/treasurer has botched his use of the Reuters
search mechanism, Reuters inadvertently omitted posting
GATA reception in New Orleans features Veneroso, Embry, Wellesley-Wood
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches6:13p ET Sunday, October 12, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's quot;Midasquot; commentary from
Friday, October 10, at LeMetropoleCafe.com has been
posted in the clear at GoldSeek.com:
a href=http://news.goldseek.com/LemetropoleCafe/1065995109.phphttp://news.golds...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold''s upward trend is intact, breakout likely within two months, Turk says
Submitted by cpowell on Sat, 2003-10-11 03:00 Section: Daily DispatchesPutin's idea to price oil in euros may hurt dollar
By Carola Hoyos and Christopher Swann in London
and Andrew Jack in Moscow
Financial Times
Friday, October 10, 2003
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After weeks of being battered on the foreign exchanges, the
Financial Times reports on Russia''s flirtation with the euro
Submitted by cpowell on Fri, 2003-10-10 03:00 Section: Daily Dispatchesa href=http://story.news.yahoo.com/news?http://story.news.yahoo.com/news?/a
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WASHINGTON (Agence France-Presse) -- The US
administration has embarked on a risky strategy to
bring down the value of the dollar as part of an
effort to keep a fragile economic recovery on track.
Analysts say the US effort could alleviate some
Welcome to the weak dollar policy
Submitted by cpowell on Thu, 2003-10-09 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rf/031008/energy_russia_euro_3.htmlhttp://biz.yahoo...
YEKATERINBURG, Russia, Oct. 8 (Reuters) -- A German
government source said on Wednesday that Russia may
switch to pricing oil sales in euros rather than dollars,
potentially huge news for financial markets.
However, Russian energy and finance ministry officials
said they were unable to confirm any change was planned.
Russia may switch oil pricing to euros, German source says
Submitted by cpowell on Wed, 2003-10-08 03:00 Section: Daily Dispatches10:24a ET Tuesday, October 7, 2003
Dear Friend of GATA and Gold:
CBSMarketWatch Editor Thom Calandra's latest
quot;StockWatchquot; column is an interview with
Ashanti Gold CEO Sam Jonah, and may be
especially interesting for Jonah's remark that
the International Monetary Fund is discouraging
the government of Ghana from investing in new
gold mines.
You can find Calandra's column here:
Central banks declare they''ll do anything to stop free market but nobody gets it
Submitted by cpowell on Tue, 2003-10-07 03:00 Section: Daily Dispatches9:29p ET Monday, October 6, 2003
Dear Friend of GATA and Gold:
South African gold market analyst Victor Hugo has produced
as complete an endorsement of GATA's work as we've gotten.
He writes tonight:
quot;After weeks of work to get up to the $380s, just about every
precious metals trader I talk to confirms that the footprints
and timing of price action in recent weeks suggest massive
IMF discourages gold mining investment in Ghana, Ashanti CEO tells Calandra
Submitted by cpowell on Tue, 2003-10-07 03:00 Section: Daily DispatchesBy Stella Dawson
Chief ECB Correspondent
a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=35630ht...
FRANKFURT, Oct. 6 (Reuters) -- European policymakers
warned on Monday against too rapid foreign exchange
movements, in what analysts called an attempt to slow
the euro's rapid ascent against the dollar.
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