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Daily Dispatches
Bill Murphy: The manipulation of the gold market
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily Dispatches9:23p ET Wednesday, November 16, 2005
Dear Friend of GATA and Gold:
Sorry for the late notice, but if you're in the San
Francisco Bay area this weekend you might want to
consider attending LewRockwell.com's Burton Blumert
Conference on Gold, Freedom, and Peace, to be held
Friday and Saturday at the Radisson Villa Hotel in
San Mateo, Calif.
Saturday's proceedings include a lunch with U.S.
Copper trader throws market into confusion
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily Dispatches11:50p ET Wednesday, November 16, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy has written an introduction
to the gold price suppression scheme, "The
Manipulation of the Gold Market." It has been posted
at GATA's Internet site here:
http://www.gata.org/Murphy111605.htm
... and at GoldSeek here:
Noticing that real gold costs more than paper, India expects $500 soon
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily DispatchesBy David M. Lenard
Asia Times, Hong Kong
Thursday, November 17, 2005
http://www.atimes.com/atimes/China_Business/GK17Cb05.html
HUA HIN, Thailand -- Confusion reigned in world copper markets this
week after reports emerged that a Chinese copper trader based in
London, Liu Qibing, had disappeared after building gigantic short
James Turk: Something ''fundamentally different'' is up with gold
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily DispatchesLondon Outshines New York in Gold Rally
By Arindam Saha
Economic Times / The Times of India
Gurgaon, India
Friday, November 18, 2005
http://economictimes.indiatimes.com/articleshow/1299592.cms
MUMBAI -- A buying spree in the London gold spot market has stunned
the New York futures market. It has unfolded a rare event in the
China may default on copper contracts, exchange''s former lawyer says
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily Dispatches7:40p ET Thursday, November 18, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the Freemarket
Gold & Money Report and founder of GoldMoney, has
gotten out his long-term gold price chart and concludes
that "something fundamentally different" seems to be
happening.
Turk believes that gold's dramatic rise this week has
been prompted by the Federal Reserve's announcement
London Telegraph: Gold''s burst through $480 sparks covering by big shorts
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily DispatchesAs gold and silver prices rise,
will the shorts there simply
default too?
* * *
China May Default on Copper Contracts
Amid Shortage, Lawyer Says
By Matthew Craze
Bloomberg News Service
Friday, November 18, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=a06N6xBoYZ.Q&refer=home
LONDON -- China may default on money-losing copper trades because
Even the Financial Times is starting to get it
Submitted by cpowell on Thu, 2005-11-17 03:00 Section: Daily DispatchesGold at 18-year High
After Russia Pledges to Pile in
By Ambrose Evans-Pritchard
The Telegraph, London
Friday, November 18, 2005
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2005/11/18/cngold18.xml&menuId=242&sSheet=/money/2005/11/1
8/ixcitytop.html
Gold surged to an 18-year high of $486.10 an ounce yesterday as
AP: Gold, silver shares up on inflation fears
Submitted by cpowell on Wed, 2005-11-16 03:00 Section: Daily DispatchesBy James Cook
InvestmentRarities.com
Tuesday, November 15, 2005
The November 8 edition of The Wall Street Journal carried an article
about the Silver Users Association's attempt to block the new silver
exchange-traded fund proposed by Barclays. They report the same
argument that Ted Butler explained in previous essays. Butler wrote
that there wasn't enough silver available for the fund and any
Mike Kosares: Gold will protect you best and then go on to save the world
Submitted by cpowell on Wed, 2005-11-16 03:00 Section: Daily DispatchesGold, Silver Shares Up on Inflation Fears
Gold, Silver Shares Climb
As Investors Seek Safe Haven
From Equities Vulnerable to Inflation
By The Associated Press
Wednesday, November 16, 2005
http://biz.yahoo.com/ap/051116/apfn_gold_mover.html?.v=1
NEW YORK -- Shares of gold stocks got a significant boost in
afternoon trading Wednesday, as investors sought a safe haven from
Rep. Ron Paul attends Lew Rockwell gold conference this weekend in San Mateo
Submitted by cpowell on Wed, 2005-11-16 03:00 Section: Daily DispatchesBy Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Tuesday, November 15, 2005
My concern about the hopeful scenario I outline below is that the
great trading nations of the world seem to have no interest in giving
up something small to gain something large. That would require
vision -- and risk.
My worst instincts tell me that we are destined to play the current
scenario out no matter what, and that is disturbing. When I see the
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