You are here
Daily Dispatches
GATA press release: Gold''s lagging commodities shows central bank market rigging
Submitted by cpowell on Thu, 2005-03-10 03:00 Section: Daily DispatchesNoranda Setback Won't Stop
China's Hunt for Metals
By Polly Yam and Robin Paxton
Reuters
Thursday, March 10, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh38666_2005-03-10_10-28-40_hkg302039_newsml
HONG KONG/SINGAPORE -- China Minmetals Corp. will scour the world
for raw materials to feed sizzling industrial growth at home but may
Michael Kosares: Japan''s arrow well-aimed at the heart of the dollar
Submitted by cpowell on Thu, 2005-03-10 03:00 Section: Daily DispatchesPress Release via Business Wire
Thursday, March 10, 2005
http://home.businesswire.com/portal/site/google/index.jsp?
ndmViewId=news_view&newsId=20050310005232&newsLang=en
Gold's failure to keep up with exploding commodity prices, as it did
during the last commodities boom in 1980, is more powerful evidence
of surreptitious intervention by central banks in the gold market,
Now Japan''s nervousness about excessive dollar reserves breaks into the open
Submitted by cpowell on Wed, 2005-03-09 03:00 Section: Daily DispatchesBy Steve Rothwell and Vivianne C. Rodrigues
Bloomberg News Service
Tuesday, March 8, 2005
http://www.bloomberg.com/apps/news?
pid=10000087&sid=ahi9FM5uTMDA&refer=top_world_news
The euro advanced against the dollar to its highest in two months
after European Central Bank policy maker Nout Wellink suggested to
the Financial Times Deutschland the bank may raise interest rates to
Undercurrent of dismay in China over accumulation of dollar assets
Submitted by cpowell on Tue, 2005-03-08 03:00 Section: Daily DispatchesBy Steve Johnson
Financial Times, London
Monday, March 7, 2005
http://news.ft.com/cms/s/a51f413c-8f3a-11d9-a70f-00000e2511c8.html
The extent to which Indian and Chinese banks are cutting their
exposure to the ailing US dollar was revealed yesterday in data from
the Bank for International Settlements.
The Asian central and commercial banks covered in the BIS data held
Ted Butler: The coming silver accident
Submitted by cpowell on Tue, 2005-03-08 03:00 Section: Daily DispatchesChina Says It Won't Sell Dollars
By Keith Bradsher
The New York Times
Monday, March 7, 2005
http://www.nytimes.com/2005/03/07/business/worldbusiness/07yuan.html
HONG KONG, March 6 -- The Chinese official in charge of his
country's huge foreign currency reserves said over the weekend that
China had no plans to sell dollars, and also ruled out any "large-
Wheaton River to remain unhedged, expects higher gold price next year
Submitted by cpowell on Tue, 2005-03-08 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, March 8, 2005
Perhaps "accident" may not be the precise word to describe what I
see coming in silver. After all, Webster's defines accident as
"an unforeseen and unplanned event or circumstance." While that
definition certainly encompasses what I see ahead in the silver
market, I need to add a qualifying adjective to complete my vision.
Euro reaches 2-month high on suggestion of higher interest rates
Submitted by cpowell on Tue, 2005-03-08 03:00 Section: Daily DispatchesBy Craig Wong
Canadian Press
via Canadian Broadcast Corp.
Tuesday, March 8, 2005
http://www.cbc.ca/cp/business/050308/b030860.html
VANCOUVER -- Wheaton River Minerals, which recently approved a $2.4-
billion merger with Goldcorp Inc., plans to remain unhedged and
expects the price of gold to push higher next year, executives said
Euro reaches 2-month high on suggestion of increase in interest rates
Submitted by cpowell on Tue, 2005-03-08 03:00 Section: Daily DispatchesBy Steve Rothwell and Vivianne C. Rodrigues
Bloomberg News Service
Tuesday, March 8, 2005
http://www.bloomberg.com/apps/news?
pid=10000087&sid=ahi9FM5uTMDA&refer=top_world_news
The euro advanced against the dollar to its highest in two months
after European Central Bank policy maker Nout Wellink suggested to
the Financial Times Deutschland the bank may raise interest rates to
Indian and Chinese banks pulling out of ailing U.S. dollar
Submitted by cpowell on Mon, 2005-03-07 03:00 Section: Daily DispatchesBy Yumi Kuramitsu
Bloomberg News Service
Monday, March 7, 2005
http://www.bloomberg.com/apps/news?
pid=10000087&sid=amFOM5TtQEE4&refer=top_world_news
HONG KONG -- China plans to keep its currency pegged to the U.S.
dollar for "a relatively long time" as the country faces less
pressure to let the currency rise because the government is taking
China says it won''t change dollar''s share in its foreign exchange reserves
Submitted by cpowell on Sun, 2005-03-06 03:00 Section: Daily Dispatches2:07p ET Saturday, March 5, 2005
Dear Friend of GATA and Gold:
The spring dinner meeting of the Committee for Monetary
Research and Education, to be held in New York on
Thursday, May 5, will hear from some of the world's
greatest partisans of gold as it considers economic
freedom and sound money.
* James Turk, editor of the Freemarket Gold & Money
Report, founder of GoldMoney, author of "The Coming
Pages
