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Daily Dispatches
China to lend out its massive foreign exchange reserves
Submitted by cpowell on Mon, 2010-05-24 00:42 Section: Daily DispatchesLooks like China aims to exchange more dollars for resources in the ground.
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China is tapping its deep well of foreign reserves for overseas resource loans, benefiting banks through a major policy shift
By Zhang Yuzhe
Caixin Online, Beijing
Thursday, May 20, 2010
Merryn Somerset Webb: The only currency that can't be printed on a whim
Submitted by cpowell on Sun, 2010-05-23 20:44 Section: Daily DispatchesBy Merryn Somerset Webb
Financial Times, London
Friday, May 21, 2010
http://www.ft.com/cms/s/2/d6a8da26-64fd-11df-b648-00144feab49a.html
You probably think gold is in a bubble. After all, it hit new highs in dollars, pounds, and euros this week -- and has pretty much quintupled since its lows of 2001.
James Turk: Silver inching closer to an upside breakout
Submitted by cpowell on Sat, 2010-05-22 21:23 Section: Daily Dispatches9:20p ET Saturday, May 22, 2010
Dear Friend of GATA and Gold (and Silver):
LBMA gold shorts backed by central banks, Rickards tells King World News
Submitted by cpowell on Sat, 2010-05-22 21:08 Section: Daily Dispatches9p ET Saturday, May 22, 2010
Dear Friend of GATA and Gold:
Eric King today has a spectacular 15-minute interview with James G. Rickards, senior managing director for Virginia-based research firm Omnis Inc., that has been written up wonderfully at Zero Hedge here:
http://www.zerohedge.com/article/jim-rickards-discusses-financial-warfare
Silver market analyst Butler comments to KWN on last week's smashdown
Submitted by cpowell on Sat, 2010-05-22 10:36 Section: Daily Dispatches10:30a ET Saturday, May 22, 2010
Dear Friend of GATA and Gold (and Silver):
A billionaire goes all-in on gold
Submitted by cpowell on Sat, 2010-05-22 00:05 Section: Daily DispatchesBy Liam Pleven and Carolyn Cui
The Wall Street Journal
Saturday, May 22, 2010
http://online.wsj.com/article/SB1000142405274870416770457525878370287577...
Gold is setting records again, boosting the holdings of central banks, Armageddon worrywarts, and ordinary people who own gold bars, coins, and jewelry.
Gene Arensberg's 'Got Gold Report' flash
Submitted by cpowell on Fri, 2010-05-21 23:40 Section: Daily Dispatches11:40p ET Friday, May 21, 2010
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's "Got Gold Report" tonight expresses some puzzlement that heavy shorting by large commercial traders didn't show up more in the gold traders report just before this week's smashdown in the precious metals. Arensberg writes:
Jeff Nielson: 'Loose-Lips' does it again
Submitted by cpowell on Fri, 2010-05-21 22:46 Section: Daily Dispatches10:45p ET Friday, May 21, 2010
Dear Friend of GATA and Gold:
J.S. Kim: 10 gold charts they don't want you to see
Submitted by cpowell on Fri, 2010-05-21 09:08 Section: Daily Dispatches9a ET Friday, May 21, 2010
Dear Friend of GATA and Gold:
Jeff Nielson: Christian rationalizes what he simultaneously denies
Submitted by cpowell on Wed, 2010-05-19 20:02 Section: Daily Dispatches8p ET Wednesday, May 19, 2010
Dear Friend of GATA and Gold: