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Daily Dispatches
Gold-buying central banks may extend its rally
Submitted by cpowell on Fri, 2011-04-29 15:16 Section: Daily DispatchesBy Pham-Duy Nguyen
Bloomberg News
Friday, april 29, 2011
http://www.bloomberg.com/news/2011-04-29/gold-buying-central-banks-may-s...
Central banks that were net sellers of gold a decade ago are buying the precious metal to reduce their reliance on the dollar as a reserve currency, signaling demand that may extend a record rally in prices.
Gold and silver repudiate Fed, Santelli tells King World News
Submitted by cpowell on Fri, 2011-04-29 15:02 Section: Daily Dispatches3p ET Thursday, April 28, 2011
Dear Friend of GATA and Gold:
CNBC editor Rick Santelli today tells King World News that rising gold and silver prices are repudating the Federal Reserve and its policy of infinite money and debt. An excerpt from the interview is headlined "Gold Rally is Thumbs Down for Bernanke" and you can find it at the King World News blog here:
Zero Hedge speculates on short squeeze in silver
Submitted by cpowell on Fri, 2011-04-29 13:07 Section: Daily Dispatches1p ET Friday, April 29, 2011
Dear Friend of GATA and Gold (and Silver):
Zero Hedge today cites GATA, GoldCore, and Max Keiser in an intriguing speculation about a short squeeze and cornering in the silver market. It's headlined "GoldCore Questions on Comex Silver Default Due to Secret Buying by Russian Billionaire, Chinese Traders, and People's Bank Of China" and you can find it here:
Murray Pollitt: Not enough lifeboats as the major currencies fall
Submitted by cpowell on Fri, 2011-04-29 11:28 Section: Daily Dispatches11:27a ET Friday, April 29, 2011
Dear Friend of GATA and Gold (and Silver):
Murray Pollitt's latest commentary observes that all three major world currencies are in trouble along with major governments and there aren't enough lifeboats for everyone. Pollitt, founder of the Pollitt & Co. brokerage in Toronto, writes:
Adjusted for inflation, dollar hits fiat-era low
Submitted by cpowell on Thu, 2011-04-28 23:29 Section: Daily DispatchesBy John Melloy
Executive Producer, "Fast Money"
CNBC, New York
Thursday, April 28, 2011
Fed's secrecy is deceitful and corrupt, Texas professor Auerbach says on Bloomberg TV
Submitted by cpowell on Thu, 2011-04-28 23:05 Section: Daily Dispatches11p ET Thursday, April 28, 2011
Dear Friend of GATA and Gold:
Dollar's 'waterfall' decline began with Bernanke press conference, Turk says
Submitted by cpowell on Thu, 2011-04-28 11:46 Section: Daily Dispatches11:46a ET Thursday, April 28, 2011
Dear Friend of GATA and Gold (and Silver):
GoldMoney founder James Turk tells King World News that the "waterfall" decline of the U.S. dollar seems to have coincided with Federal Reserve Chairman Ben Bernanke's press conference yesterday. An excerpt from the interview can be found at the King World News blog here:
Whenever Ben talks, it's time to sell the U.S., Schiff tells King World News
Submitted by cpowell on Thu, 2011-04-28 00:27 Section: Daily Dispatches12:25a ET Thursday, April 28, 2011
Dear Friend of GATA and Gold (and Silver):
New York Sun: Omitting gold, Bernanke offered only the illusion of transparency
Submitted by cpowell on Wed, 2011-04-27 23:26 Section: Daily Dispatches11:23p ET Wednesday, April 27, 2011
Dear Friend of GATA and Gold (and Silver):
As Paul weighs presidential run, his issues are already being debated
Submitted by cpowell on Wed, 2011-04-27 00:57 Section: Daily DispatchesBy Michael D. Shear
The New York Times
Wednesday, April 27, 2011
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