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Daily Dispatches

Germany won't sell gold for another year

Section: Daily Dispatches

By Jana Randow
Bloomberg News
Monday, September 27, 2010

http://www.bloomberg.com/news/2010-09-27/bundesbank-plans-to-sell-6-5-to...

FRANKFURT, Germany -- The Bundesbank plans to sell no more than 6.5 metric tons of gold in the second year of an agreement between central banks to limit bullion sales.

South Korea reportedly intervenes to slow currency's rise

Section: Daily Dispatches

By Lisa Twaronite
MarketWatch.com
Monday, September 27, 2010

http://www.marketwatch.com/story/bank-of-korea-reportedly-intervenes-to-...

TOKYO -- South Korean authorities bought dollars Monday to curb the won's rise to a four-month highs, according to reports citing foreign-exchange traders.

Argentina edges ahead in devaluation race; capital controls next

Section: Daily Dispatches

Fernandez Buys Dollars in 'Draconian' Bid to Weaken Argentine Peso

By Drew Benson and Ben Bain
Bloomberg News
Sunday, September 26, 2010

http://www.bloomberg.com/news/2010-09-27/fernandez-buys-dollars-in-draco...

Gary North: Gold audit is a red-alert threat to the regime

Section: Daily Dispatches

11:48p ET Sunday, September 26, 2010

Dear Friend of GATA and Gold:

Market analyst Gary North observes this week that the most vulnerable part of the world financial order is secrecy around national gold reserves and that the most dangerous politician in the United States is Rep. Ron Paul, R-Texas, who is proposing legislation to audit the U.S. gold reserves.

North writes:

Europe's central banks halt gold sales

Section: Daily Dispatches

By Jack Farchy
Financial Times, London
Sunday, September 26, 2010

http://www.ft.com/cms/s/0/b9859c7e-c99b-11df-b3d6-00144feab49a.html

Europe's central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade.

Alasdair Macleod: The global politics of gold

Section: Daily Dispatches

6:12p ET Sunday, September 26, 2010

Dear Friend of GATA and Gold:

In his latest essay the economist and former banker Alasdair Macleod explains concisely the worldwide strategic struggle under way between East and West over gold.

A decade into gold's ascent, Financial Times concedes its legitimacy

Section: Daily Dispatches

Gold: Value Locked In

By Javier Blas and Jack Farchy
Financial Times, London
Sunday, September 26, 2010

http://www.ft.com/cms/s/0/4b148650-c9a1-11df-b3d6-00144feab49a.html

Two speculations on the monetary endgame in hyperinflation

Section: Daily Dispatches

12:04p ET Sunday, September 26, 2010

Dear Friend of GATA and Gold:

The last couple of days have brought forth two long but fascinating if pseudonymous speculations on the likely course of the collapse of the world financial system into hyperinflation with gold as the once and future king.

Rising prices only spur gold purchases in China

Section: Daily Dispatches

Chinese Consumers Rush for Gold

From Xinhua News Agency, Beijing
Saturday, September 25, 2010

http://news.xinhuanet.com/english2010/video/2010-09/25/c_13528988.htm

BEIJING -- International gold prices rallied to record highs on Friday, with spot prices nearing $1,300 an ounce. China's gold prices followed the trend and continued to climb. But consumer enthusiasm hasn't been affected.

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