Daily Dispatches

9:20p ET Tuesday, November 3, 2009

Dear Friend of GATA and Gold:

A couple of financial letter writers took note of GATA's work today, one favorably and one unfavorably.

The favorable notice came from Lawrence Tout, editor of the Midas Letter, in his essay, "The Risk of Catastrophic Deflationary Collapse," which you can find at the Midas Letter's Internet site here:

6:25p ET Tuesday, November 2, 2009

Dear Friend of GATA and Gold (and Silver):

By Abhrajit Gangopadhyay and Elisabeth Berhmann
The Wall Street Journal
Tuesday, November 3, 2009

http://online.wsj.com/article/SB125722876971624729.html

NEW DELHI -- India's central bank bought 200 metric tons of gold from the International Monetary Fund last month, in the first major move by a leading central bank to diversify its foreign-exchange reserves.

8:43p ET Monday, November 2, 2009

Dear Friend of GATA and Gold:

Today's announcement by the International Monetary Fund, reported in the Bloomberg story and IMF press release appended here, that the IMF has sold to the Reserve Bank of India about half of the 400 tonnes of gold the IMF long has been planning to sell seems supportive of the gold price, at least for the moment.