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Daily Dispatches
Federal Reserve bars Citigroup from acquisitions because of scandals
Submitted by cpowell on Fri, 2005-03-18 03:00 Section: Daily Dispatches11p ET Friday, March 18, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has written a brief essay about the trouble ahead
for the U.S. dollar. You can find it at the
newsletter of Asset Strategies International here:
www.assetstrategies.com/pages/il/current.html#insideStory
CHRIS POWELL, Secretary/Treasurer
Gold is best way to play commodities boom now, James Turk says
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Wednesday, March 16, 2005
The most recent Commitment of Traders Report indicated continued
deterioration, with increased tech fund and speculative buying and
dealer short selling in gold and silver. Extrapolating from the
Tuesday, March 9, cutoff date, I would estimate that the dealer net
short position in COMEX gold futures has grown by some 100,000
contracts from the lows as the price rallied by more than $35. In
Gold imports cause surge in Thailand''s trade deficit with Australia
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesGold Prices Drop as Fewer
Jobless Claims Boost Dollar
By Pham-Duy Nguyen
Bloomberg News Service
Thursday, March 17, 2005
http://www.bloomberg.com/apps/news?
pid=10000081&sid=aHTnmfh4s4GE&refer=australia
SEATTLE -- Gold prices in New York fell after a report showed fewer
Americans filed for unemployment benefits last week, boosting the
Gold players Citigroup, Deutsche Bank, UBS charged with market rigging in Italy
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy Phusadee Arunmas
Bangkok Post
Friday, March 18, 2005
http://www.bangkokpost.com/Business/18Mar2005_biz66.php
Thailand recorded a trade deficit with Australia worth 3.4 billion
baht in January after a comprehensive free trade agreement for both
countries took effect at the beginning of the year, according to
Rachane Potjanasuntorn, director-general of the Foreign Trade
Citigroup, Riggs Bank helped Chile''s former dictator launder money abroad
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesCitigroup, Morgan Stanley Named in Parmalat Probe
By Clara Ferreira-Marques and Giada Zampano
Reuters
Thursday, March 17, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7936509
MILAN -- Prosecutors investigating the Parmalat scandal have accused
four foreign banks and an Italian asset management firm of helping
Litigation costs may devastate gold rigger Morgan Chase''s earnings this year
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy James Rowley
Bloomberg News Service
Wednesday, March 16, 2005
http://www.bloomberg.com/apps/news?
pid=10000086&sid=aWkzQ4eLXp74&refer=latin_america
Former Chilean dictator Augusto Pinochet and his family over 25
years stashed at least $15 million in more than 125 hidden accounts
at Citigroup Inc. and other banks, a U.S. Senate report said.
Ted Butler: Criminal intent
Submitted by cpowell on Wed, 2005-03-16 03:00 Section: Daily DispatchesBy Dow Jones Newswires
Tuesday, March 15, 2005
http://sg.biz.yahoo.com/050315/15/3r9k0.html
HONG KONG --The future path of the U.S. dollar is likely to depend
much less on the actions of Asian central banks than on U.S.
domestic policies, the economist Joseph Stiglitz said Tuesday.
Indications that Asian central banks are reducing their large
Judge tells Barrick and Morgan to discuss settlement with Blanchard
Submitted by cpowell on Tue, 2005-03-15 03:00 Section: Daily Dispatches11:23p ET Monday, March 14, 2005
Dear Friend of GATA and Gold:
Thanks to GATA supporter Mark Webber for transcribing
the interview with Sprott Asset Management's John
Embry on ROB-TV's "Night Cap" program in Canada last
Thursday, March 10. The transcript, with a little
editing, is appended here.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
James Turk elaborates on the growing discrepancy between the CRB Index and gold
Submitted by cpowell on Tue, 2005-03-15 03:00 Section: Daily DispatchesFrom Bloomberg News Service
The Globe and Mail, Toronto
Tuesday, March 15, 2005
http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/200503
15/RTICKER15-5/TPBusiness/International
A judge ordered Barrick Gold Corp. and J.P. Morgan
Chase & Co. to try to settle a 2-year-old lawsuit filed
by coin dealer Blanchard & Co. to avoid a 10-day trial
Settlement conference in Blanchard suit is ordinary procedure, Barrick says
Submitted by cpowell on Tue, 2005-03-15 03:00 Section: Daily Dispatches4:16p ET Tuesday, March 15, 2005
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, concurring
with GATA's findings, has elaborated in his newsletter on
the growing discrepancy between the Commodities Research
Bureau price index and the price of gold. His analysis has
been reprinted at KitcoCasey and you can find it here: