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Daily Dispatches
Just 30 years ago rigging gold price was acknowledged policy
Submitted by cpowell on Sun, 2009-06-28 20:50 Section: Daily Dispatches8:35p ET Sunday, June 28, 2009
Dear Friend of GATA and Gold:
China, Brazil would exit dollar in bilateral trade
Submitted by cpowell on Sun, 2009-06-28 20:30 Section: Daily DispatchesBy Krista Hughes and Tamora Vidaillet
Reuters
Sunday, June 28, 2009
http://www.reuters.com/article/asianCurrencyNews/idUSLS14673020090628
BASEL, Switzerland -- China and Brazil are working on a currency arrangement to allow exporters and importers to settle deals in their local currencies, bypassing the U.S. dollar, the countries' central banks said on Sunday.
James Turk reviews Edwin Vieira's 'Pieces of Eight'
Submitted by cpowell on Sun, 2009-06-28 12:20 Section: Daily Dispatches12:13p ET Sunday, June 28, 2009
Dear Friend of GATA and Gold:
Monetary historian Vieira plans reprinting 'Pieces of Eight'
Submitted by cpowell on Sat, 2009-06-27 21:40 Section: Daily Dispatches9:30p ET Saturday, June 27, 2009
Dear Friend of GATA and Gold:
Lawmakers attack Fed for being too secretive
Submitted by cpowell on Fri, 2009-06-26 22:27 Section: Daily DispatchesThey don't yet know the half of it.
* * *
By Maya Jackson Randall
Dow Jones Newswires
via CNN Money
Thursday, June 25, 2009
http://money.cnn.com/news/newsfeeds/articles/djf500/200906251720DOWJONES...
China's central bank repeats call for new world currency
Submitted by cpowell on Fri, 2009-06-26 08:53 Section: Daily DispatchesFrom Bloomberg News
Friday, June 26, 2009
http://www.bloomberg.com/apps/news?pid=20601080&sid=aSQeGrhdwipU
China's central bank renewed its call for a new global currency and said the International Monetary Fund should manage more of members' foreign-exchange reserves, triggering a decline in the U.S. dollar.
Michael Kosares: As gold's champion, China transforms market
Submitted by cpowell on Thu, 2009-06-25 14:12 Section: Daily Dispatches2:12p ET Thursday, June 25, 2009
Dear Friend of GATA and Gold:
Italian financial journal cites metals suppression again
Submitted by cpowell on Thu, 2009-06-25 08:36 Section: Daily Dispatches8:30a ET Thursday, June 25, 2009
Dear Friend of GATA and Gold (and Silver):
Financial journalist Guido Bellosta of Borsa & Finanza magazine in Italy, who reported on GATA's work exposing the suppression of the precious metals as early as 2001, has written another article on the subject for his magazine, citing silver market analyst Ted Butler, and you can see it (in Italian) here:
China should hedge dollar with gold, party researcher says
Submitted by cpowell on Thu, 2009-06-25 08:21 Section: Daily DispatchesBy Zhou Xin and Alan Wheatley
Reuters
via Interactive Investor, London
Thursday, June 25, 2009
http://www.iii.co.uk/news/?type=afxnews&articleid=7389276&subject=econom...
More semi-surreptitious central bank market intervention
Submitted by cpowell on Wed, 2009-06-24 17:30 Section: Daily DispatchesSwiss Franc Drops on Speculation SNB Sold Lots of It
By Gavin Finch
Bloomberg News
Wednesday, July 24, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=a9Rn__17lKZI
LONDON -- The Swiss franc dropped the most against the euro and the dollar in more than three months on speculation bank officials sold the currency to curb gains that are shackling the economy.