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Daily Dispatches
Decade of gold sales cost European central banks $40 billion
Submitted by cpowell on Thu, 2009-05-07 17:44 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Thursday, May 7, 2009
http://www.ft.com/cms/s/0/3c16f228-3aa0-11de-8a2d-00144feabdc0.html?ncli...
Europe's central banks are $40 billion (L26.4 billion) poorer than they might have been after they followed a British move taken 10 years ago today to shrink the Bank of England's gold reserves, analysis by the Financial Times has shown.
UK mint gold coin production up 75 percent
Submitted by cpowell on Wed, 2009-05-06 22:00 Section: Daily DispatchesBy Thomas Biesheuvel and Nicholas Larkin
Bloomberg News
Thursday, May 7, 2009
http://www.bloomberg.com/apps/news?pid=20601102&sid=aohCdbLOY3BU&refer=uk
LONDON -- The Royal Mint, established in the 13th century, used 75 percent more gold in the first quarter amid a surge in demand for bullion to diversify investments.
GATA goes to work on Britain
Submitted by cpowell on Wed, 2009-05-06 21:16 Section: Daily Dispatches2a BST Thursday, May 7, 2009
Dear Friend of GATA and Gold:
Wednesday was a great first day of work for GATA's delegation to London -- GATA Chairman Bill Murphy; Sprott Asset Management's chief investment strategist, John Embry; John's wife, Nancy; and your secretary/treasurer.
China warns of worldwide devaluations and inflation
Submitted by cpowell on Wed, 2009-05-06 11:11 Section: Daily DispatchesBy Sandy Hendry
Bloomberg News
Wednesday, May 6, 2009
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=appzGzSLS6bw
HONG KONG --Global central banks risk inflation, currency devaluation, and a "big consolidation' in bond markets by pumping cash into their economies, the People's Bank of China said in its quarterly monetary policy report.
Gene Arensberg: Silver bullish, natural gas reversal likely
Submitted by cpowell on Tue, 2009-05-05 06:23 Section: Daily Dispatches11:17a BST Tuesday, May 5, 2009
Dear Friend of GATA and Gold (and Silver):
Venezuela wants to buy more gold produced locally
Submitted by cpowell on Tue, 2009-05-05 06:12 Section: Daily DispatchesBy Daniel Cancel and Matthew Walter
Bloomberg News
Tuesday, May 4, 2009
http://www.bloomberg.com/apps/news?pid=20601086&sid=a._KjQ1aRzBo&refer=l...
CARACAS, Venezuela -- Venezuela more than doubled the amount of gold that local producers must offer to the central bank in a bid to increase its reserves of the metal and reduce reliance on supporting them with U.S. dollars.
London headlines we'd like to see
Submitted by cpowell on Tue, 2009-05-05 05:07 Section: Daily Dispatches10a BST Tuesday, May 6, 2009
Dear Friend of GATA and Gold:
As GATA's delegation arrived in London this morning, we imagined these news organization headlines.
Reuters: Gold Soars on GATA's London Visit.
The Telegraph: ECB Calls Emergency Meeting To Insist Nothing's Wrong.
Financial Times: Nothing IS Wrong.
More notice for gold suppression scheme and GATA
Submitted by cpowell on Mon, 2009-05-04 11:15 Section: Daily Dispatches11:16a ET Monday, May 4, 2009
Dear Friend of GATA and Gold:
China has 'canceled U.S. credit card,' congressman says
Submitted by cpowell on Sun, 2009-05-03 21:53 Section: Daily DispatchesFrom Agence France-Presse
via Google News
Thursday, April 30, 2009
http://www.google.com/hostednews/afp/article/ALeqM5i4estRSYeFBIII9kezxnP...
WASHINGTON -- China, wary of the troubled US economy, has already "canceled America's credit card" by cutting down purchases of debt, a US congressman said Thursday.
James Turk: A short history of the gold cartel
Submitted by cpowell on Sun, 2009-05-03 21:37 Section: Daily DispatchesBy James Turk, Editor
Freemarket Gold & Money Report
http://www.fgmr.com/
Sunday, May 3, 2009
Copyright 2009 by James Turk. All rights reserved.
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