Daily Dispatches

Is it just a coincidence that Portugal has (or had) 382 tonnes of gold in reserve and that the amount of gold the Bank for International Settlements recently inventoried via a swap arrangement was 380 tonnes?

Read more about Mike Kosares: BIS gold swap signifies a threat to Europe, not to gold

Murray Pollitt: Investors and fund managers are too distant from their money

Submitted by cpowell on Mon, 2010-07-12 21:53 Section: Daily Dispatches

9:47p ET Monday, June 12, 2010

Dear Friend of GATA and Gold:

Read more about Murray Pollitt: Investors and fund managers are too distant from their money

James Turk: Fear Index at 16-year high amid dollar debasement

Submitted by cpowell on Mon, 2010-07-12 21:43 Section: Daily Dispatches

9:42p ET Monday, July 12, 2010

Dear Friend of GATA and Gold:

GoldMoney founder, Freemarket Gold & Money Report editor, and GATA consultant James Turk reports that his "fear index" is at a 16-year high as a result of debasement of the U.S. dollar. Turk's commentary is headlined "Fear Index Rises to 16-Year High" and you can find it at the FGMR Internet site here:

Read more about James Turk: Fear Index at 16-year high amid dollar debasement

Ben Davies: Money, the real stuff

Submitted by cpowell on Mon, 2010-07-12 16:27 Section: Daily Dispatches

4:23p ET Monday, July 12, 2010

Dear Friend of GATA and Gold:

Hinde Capital CEO Ben Davies discourses today at King World News on the nature of money and concludes that the current market bubble isn't in gold but in paper money, and it's a bubble about to be pricked. Davies' essay is headlined "Money, the Real Stuff" and you can find it at the King World News blog here:

Read more about Ben Davies: Money, the real stuff

Tinfoil hats are earned just by questioning central banks

Submitted by cpowell on Mon, 2010-07-12 11:15 Section: Daily Dispatches

11:21a ET Monday, July 12, 2010

Dear Friend of GATA and Gold:

The enormity and mystery of the gold swaps recently undertaken by the Bank for International Settlements without any announcement seem to have shaken some ordinarily respectable and respectful observers into doubt.