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Daily Dispatches

Lee Quaintance and Paul Brodsky: Why Buffett is wrong on gold

Section: Daily Dispatches

3:25p ET Tuesday, February 28, 2012

Dear Friend of GATA and Gold:

In their latest market commentary Lee Quaintance and Paul Brodsky of QB Asset Management in New York respond to renowned investor Warren Buffett's disdain for investing in gold. Quaintance and Brodsky argue that gold is simply superior money, less susceptible to devaluation.

Iran considers taking gold as payment for oil

Section: Daily Dispatches

By Monavar Khalaj
Financial Times, London
Tuesday, February 28, 2012

http://www.ft.com/intl/cms/s/0/c74e6f00-620d-11e1-807f-00144feabdc0.html

Silver shorts panicking, Norcini tells King World News

Section: Daily Dispatches

1:35p ET Tuesday, February 28, 2012

Dear Friend of GATA and Gold (and Silver):

Futures market analyst Dan Norcini today tells King World News that shorts in silver have begun panicking and that the metal has broken above its 50-week moving average. An excerpt from the interview is posted at the King World News blog here:

Return to gold standard would be damaging, study group says

Section: Daily Dispatches

Why would anyone want to replace the current monetary system anyway?

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By Amanda Cooper
Reuters
Tuesday, February 28, 2012

http://www.reuters.com/article/2012/02/28/us-gold-markets-idUSTRE81R1802...

Japan may be bailing out Europe in secret, economist Mosler says

Section: Daily Dispatches

9:13p ET Monday, February 27, 2012

Dear Friend of GATA and Gold:

Something big imminent for metals, Turk tells King World News

Section: Daily Dispatches

8:54p ET Monday, February 27, 2012

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk tonight tells King World News that the continued strength of the precious metals after last week's strong gains signals that something big is about to happen. An excerpt from the interview is posted at the King World News blog here:

Philadelphia Fed president notices that Fed is rigging markets

Section: Daily Dispatches

That makes two U.S. central bankers:

http://www.gata.org/node/10839

"Market intervention is exactly why central banking was invented. Intervening in markets is what central banks do. They have no other purpose."

-- A high school graduate at GATA's Washington conference, April 18, 2008. (http://www.gata.org/node/6242)

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LATimes notes that 'the gold market is moving east'

Section: Daily Dispatches

China Refines Its Role in Global Gold Market

By David Pierson
Los Angeles Times
Sunday, February 26, 2012

http://www.latimes.com/business/la-fi-china-gold-20120227,0,4040073.story

A bit player only a decade ago, China has emerged as one of the most important forces in the global gold market, helping fuel the rising value of the precious metal.

Greece isn't only one that can't service its debt, Davies tells Martenson

Section: Daily Dispatches

9:55p ET Sunday, February 26, 2012

Dear Friend of GATA and Gold:

James Turk: No reprieve for Greece from debtor's prison

Section: Daily Dispatches

9:30p ET Sunday, February 26, 2012

Dear Friend of GATA and Gold:

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