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Daily Dispatches

Credit Suisse gold report heightens suspicion about central banks

Section: Daily Dispatches

1:45p ET Friday, November 2, 2007

Dear Friend of GATA and Gold:

The Credit Suisse report on gold by research analyst David Davis, cited in the story from The Telegraph dispatched to you yesterday, has been posted at the bottom of the dispatch at GATA's Internet site here:

http://www.gata.org/node/5685

AngloGold Ashanti may reduce gold hedges

Section: Daily Dispatches

By Jon A. Nones
Resource Investor
Thursday, November 1, 2007

ST. LOUIS -- The world's third-biggest gold producer, AngloGold Ashanti, posted flat third-quarter headline earnings per share on Thursday but indicated willingness to buy out its gold hedge contracts prior to expiration.

House easily passes mining royalty and cleanup bill

Section: Daily Dispatches

By Erica Werner
Associated Press
via Yahoo News
Thursday, November 1, 2007

http://news.yahoo.com/s/ap/20071101/ap_on_go_co/congress_mining_4

WASHINGTON -- Not long after the Gold Rush, Congress passed a law meant to settle the West by letting prospectors stake claims and mine gold, silver and other minerals for free. It's survived essentially unchanged for 135 years.

Credit Suisse: Central bank sales 'masked' gold market deficit

Section: Daily Dispatches

By David Litterick
The Telegraph, London
Thursday, November 1, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/31/cngold...

The gold price will soar to more than $1,000 per ounce over the next five years as dwindling supply of the precious metal combines with increased demand, Credit Suisse has forecast.

Fed's money dump is biggest since 9/11

Section: Daily Dispatches

Fed Pumps $41 Billion into U.S. Financial System

By Jeannine Aversa
Associated Press
via Yahoo News
Thursday, November 1, 2007

http://news.yahoo.com/s/ap/20071101/ap_on_bi_ge/fed_markets_10

WASHINGTON -- The Federal Reserve pumped $41 billion into the U.S. financial system Thursday, the largest cash infusion since September 2001, to help companies get through a credit crunch.

Peter Brimelow: Halloween gold treat the result of a trick?

Section: Daily Dispatches

By Peter Brimelow
MarketWatch.com
Wednesday, October 31, 2007

http://www.marketwatch.com/news/story/story.aspx?guid=%7BA0E83BAD%2DD1B1...

NEW YORK -- So stocks had a happy Halloween, but gold was going bump in the night.

Harry Schultz of the international Harry Schultz Letter linked the two explicitly Wednesday in his Gold Charts R Us service.

Darryl Robert Schoon: A golden hand in the house of cards

Section: Daily Dispatches

9:45p ET Thursday, November 1, 2007

Dear Friend of GATA and Gold:

Darryl Robert Schoon's new essay at GoldSeek, "A Golden Hand in the House of Cards," is a good summary of the central banks' gold price suppression racket, duly crediting GATA's work. You can find it here:

http://news.goldseek.com/GoldSeek/1193929590.php

CHRIS POWELL, Secretary/Treasurer

The Ron Paul revolution makes Time magazine

Section: Daily Dispatches

By Joel Stein
Time magazine
Thursday, November 1, 2007

http://www.time.com/time/politics/article/0,8599,1678661,00.html?xid=fee...

It sometimes seems as if someone is playing a cruel practical joke on Ron Paul.

Ron Paul defends liberty in nine minutes on 'Tonight Show'

Section: Daily Dispatches

8:30p ET Wednesday, October 31, 2007

Dear Friend of GATA and Gold:

Hong Kong central bank gushes cash to prop up U.S. dollar

Section: Daily Dispatches

By Cassie Biggs
Associated Press
via Yahoo News
Wednesday, October 31, 2007

http://biz.yahoo.com/ap/071031/hong_kong_currency.html?.v=1

HONG KONG -- Hong Kong's de-facto central bank stepped in four times Wednesday to defend the Hong Kong dollar's peg to the U.S. dollar, injecting about $800 million worth of local currency into the red-hot market.

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