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Daily Dispatches
Mixed notices for GATA from financial letter writers
Submitted by cpowell on Tue, 2009-11-03 21:15 Section: Daily Dispatches9:20p ET Tuesday, November 3, 2009
Dear Friend of GATA and Gold:
A couple of financial letter writers took note of GATA's work today, one favorably and one unfavorably.
The favorable notice came from Lawrence Tout, editor of the Midas Letter, in his essay, "The Risk of Catastrophic Deflationary Collapse," which you can find at the Midas Letter's Internet site here:
Fred Goldstein: Cash for gold? Are you kidding?
Submitted by cpowell on Tue, 2009-11-03 20:20 Section: Daily Dispatches8:15p ET Tuesday, November 3, 2009
Dear Friend of GATA and Gold:
Gene Arensberg: Gold, silver futures in backwardation
Submitted by cpowell on Tue, 2009-11-03 18:29 Section: Daily Dispatches6:25p ET Tuesday, November 2, 2009
Dear Friend of GATA and Gold (and Silver):
IMF's gold deal with India seen supporting the price
Submitted by cpowell on Tue, 2009-11-03 08:59 Section: Daily DispatchesIndia Buys IMF Gold to Boost Reserves as Dollar Drops
By Thomas Kutty Abraham and Kim Kyoungwha
Bloomberg News
Tuesday, November 3, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aa6oc6Wz9Ftg&pos=5
India may buy still more gold from IMF
Submitted by cpowell on Tue, 2009-11-03 08:51 Section: Daily DispatchesBy Abhrajit Gangopadhyay and Elisabeth Berhmann
The Wall Street Journal
Tuesday, November 3, 2009
http://online.wsj.com/article/SB125722876971624729.html
NEW DELHI -- India's central bank bought 200 metric tons of gold from the International Monetary Fund last month, in the first major move by a leading central bank to diversify its foreign-exchange reserves.
India's central bank buys half of IMF's gold for sale
Submitted by cpowell on Tue, 2009-11-03 00:37 Section: Daily Dispatches8:43p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Today's announcement by the International Monetary Fund, reported in the Bloomberg story and IMF press release appended here, that the IMF has sold to the Reserve Bank of India about half of the 400 tonnes of gold the IMF long has been planning to sell seems supportive of the gold price, at least for the moment.
India's Reserve Bank buys half of IMF's gold for sale
Submitted by cpowell on Mon, 2009-11-02 20:44 Section: Daily Dispatches8:43p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Today's announcement by the International Monetary Fund, reported in the Bloomberg story and IMF press release appended here, that the IMF has sold to the Reserve Bank of India about half of the 400 tonnes of gold the IMF long has been planning to sell seems supportive of the gold price, at least for the moment.
Rob Kirby: Disinformation or ignorance?
Submitted by cpowell on Mon, 2009-11-02 20:06 Section: Daily Dispatches8p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Barrick in more hurry to close out gold shorts
Submitted by cpowell on Mon, 2009-11-02 14:35 Section: Daily DispatchesBarrick May Close Hedge Book Ahead of Plan
By Jan Harvey
Reuters
Monday, November 2, 2009
http://www.reuters.com/article/basicMaterialsSector/idUSL272564320091102
EDINBURGH, Scotland -- Barrick Gold, the world's biggest miner of the precious metal, said it may complete the planned closure of its hedge book announced last month before the end of the 12-month window it had set.
James Turk: Take the long view for gold and silver
Submitted by cpowell on Mon, 2009-11-02 12:18 Section: Daily Dispatches12:12p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
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