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Daily Dispatches
Dollar recovers after reduction in Chinese holdings of Treasuries is denied
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily DispatchesBank's Chief Economist Worries
Dollar May Fall by Another 15%
By Philip Thornton
The Independent, London
Friday, November 26, 2004
http://news.independent.co.uk/business/news/story.jsp?story=586869
The dollar could slump by another 15 percent, creating
a potential headache for the Bank of England, its chief
China reported bidding for Canada-based Husky Energy
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily DispatchesBy Mure Dickie
Financial Times, London
Friday, November 26, 2004
http://news.ft.com/cms/s/ee5882b2-3f82-11d9-bd0e-00000e2511c8.html
BEIJING -- The dollar recovered from a record low against
the euro and a five-year nadir to the yen after a Chinese
official denied a report that China had trimmed the amount
of US treasury bonds in its portfolio.
GATA''s great friend, novelist Arthur Hailey, dies at 84 at home in Bahamas
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily DispatchesFrom Reuters
Friday, November 26, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh80999_2004-11-26_13-11-43_n26287327_newsml
TORONTO -- A Chinese government agency is eyeing
Husky Energy Inc., a Canadian-based company
controlled by Hong Kong billionaire Li Ka-shing, The
Globe and Mail newspaper reported on Friday.
Pimco Internet site returns to service and McCulley essay is available again
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches9a ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
The novelist Arthur Hailey, a great and long-time
supporter of GATA and gold, died Wednesday. His
obituary from today's edition of The New York Times
is appended. We will convey our condolences and
gratitude to his family.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Novelist Arthur Hailey of 'Airport' Dies at 84
Try reaching the McCulley essay through Pimco''s home page
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches11:23a ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
The Pimco Internet site has been returned to service
at this hour and the essay by its managing director,
Paul McCulley, cited in a GATA dispatch yesterday,
is again available here:
http://www.pimco.com/LeftNav/Late+Breaking+Commentary/FF/2004/FF_Nov_2
An interview with GATA board member Catherine Austin Fitts
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches11:51a ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
That Internet link to the essay by Paul McCulley
at the Pimco site is still giving people trouble.
So try going to the Pimco home page here:
http://www.pimco.com/TopNav/Home/Default.htm
At this hour the McCulley essay is the first item
under "Late Breaking Commentary" at the top
The day the dollar died?
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches6:21p ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
GATA board member Catherine Austin Fitts was
interviewed about investment strategies this
month by Jeff Neal of Optionetics.com, and the
interview touches on the gold market. You can
find the interview in two parts here:
http://www.optionetics.com/articles/article_full.asp?idNo=11457
The scent of competitive devaluations is the air in Japan and Europe
Submitted by cpowell on Fri, 2004-11-26 03:00 Section: Daily Dispatches7:03p ET Friday, November 26, 2004
Dear Friend of GATA and Gold:
In his nightly market commentary, "Mr. Gold," Jim
Sinclair, calls today the day the dollar died.
Admission to Sinclair's Internet site his free
but you have to register:
Appended here are what seem like two of today's
more important news stories about the currency
Euro Jumps to $1.32, Bonds Rally, Gold Surges
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily Dispatches"Conspiracies rarely exist."
-- Dennis Gartman
in The Gartman Letter,
September 14, 2004
* * *
AIG to Pay $126 Million to Settle U.S. Probes
By Jonathan Stempel
Reuters
Wednesday, November 24, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6911964
NEW YORK -- American International Group Inc. on
Everyone expects intervention or a bounce for the dollar but it''s not happening
Submitted by cpowell on Thu, 2004-11-25 03:00 Section: Daily DispatchesCovert Intervention by European Central Bank Expected
By Raj Rajendran
Reuters
Thursday, November 25, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh66519_2004-11-25_13-55-06_l25626607_newsml
LONDON -- The euro hit a record high of $1.32 on
Thursday on a growing view Washington is happy