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Daily Dispatches
$1,600 gold, $40 silver may trigger huge short covering: King World News
Submitted by cpowell on Mon, 2011-07-18 11:57 Section: Daily Dispatches11:54a ET Monday, July 18, 2011
Dear Friend of GATA and Gold:
A London trading source tells King World News today that massive short covering is likely in gold with a close above $1,600 and in silver with a close above $40. An excerpt from the interview is headlined "Potential for Major Short Covering in Gold" and you can find it at the King World News blog here:
Gold rush shipwreck offers up treasures off Welsh coast after 150 years
Submitted by cpowell on Sun, 2011-07-17 15:04 Section: Daily DispatchesBy Jasper Copping
The Telegraph, London
Sunday, July 17, 2011
http://www.telegraph.co.uk/news/uknews/8642353/Gold-rush-shipwreck-offer...
For more than 150 years it has lain tantalisingly close to the shore. Now the ship that sank in a storm in 1859, claiming 450 lives, is giving up its most precious secret: gold.
Jim Grant still can't figure out why the dollar has held up so long
Submitted by cpowell on Sun, 2011-07-17 12:24 Section: Daily Dispatches12:33p ET Sunday, July 17, 2011
Dear Friend of GATA and Gold:
Alasdair Macleod: European Union won't survive without QE
Submitted by cpowell on Sun, 2011-07-17 00:02 Section: Daily Dispatches12:03a ET Sunday, July 17, 2011
Dear Friend of GATA and Gold:
Haynes anticipates currency collapse; Norcini impressed by gold's strength
Submitted by cpowell on Sat, 2011-07-16 15:21 Section: Daily Dispatches3:14p ET Saturday, July 16, 2011
Dear Friend of GATA and Gold (and Silver):
With credit default swaps, banks loot world with a government guarantee, Rickards says
Submitted by cpowell on Sat, 2011-07-16 12:53 Section: Daily Dispatches12:50p ET Saturday, July 16, 2011
Dear Friend of GATA and Gold:
Will financial journalists ever wonder WHY gold has underperformed?
Submitted by cpowell on Fri, 2011-07-15 16:20 Section: Daily Dispatches4:21p ET Friday, July 15, 2011
Dear Friend of GATA and Gold:
From Jack Farchy's story in Wednesday's Financial Times, headlined "QE3 Talk Pushes Gold to Nominal Record" (http://www.ft.com/intl/cms/s/0/d11d6146-ad43-11e0-a24e-00144feabdc0.html):
Louis XIII is centuries gone but his money is still good
Submitted by cpowell on Fri, 2011-07-15 15:45 Section: Daily DispatchesGold Hoard Found in French Cellar
From the British Broadcasting Co., London
Friday, July 8, 2011
http://www.bbc.co.uk/news/world-europe-14080228
A French couple have found a hoard of gold coins worth at least 100,000 euros (L89,000; $140,000) in the cellar of their home in the town of Millau.
Sinclair, Norcini see wild future for gold and currencies
Submitted by cpowell on Fri, 2011-07-15 09:55 Section: Daily Dispatches9:50a ET Friday, July 15, 2011
Dear Friend of GATA and Gold:
Mining entrepreneur and gold trader Jim Sinclair tells King World News that $1,764 is the next key price for gold, that much effort will be made to keep the price lower than that, and that when the price is reached, truly stratospheric prices and daily moves of $100 or $200 become possible.
July edition of the Gold Standard Institute's journal
Submitted by cpowell on Thu, 2011-07-14 22:50 Section: Daily Dispatches10:45p ET Thursday, July 14, 2011
Dear Friend of GATA and Gold:
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