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Golden State is poised to outlaw gold prospecting
Submitted by cpowell on Sun, 2011-06-05 14:41 Section: Daily DispatchesFrom the Daily Mail, London
Sunday, June 5, 2011
http://www.dailymail.co.uk/news/article-1394466/California-poised-outlaw...
There's gold in them thar hills, but pretty soon you won't be allowed to touch it.
In California, the state built on gold, the time is up for prospectors who are about to see their way of life declared illegal.
Alasdair Macleod: Catch 22 for the Fed
Submitted by cpowell on Sun, 2011-06-05 13:48 Section: Daily Dispatches10:45a ET Sunday, June 5, 2011
Dear Friend of GATA and Gold:
Economist and former banker Alasdair Macleod, writing at GoldMoney, says that with the U.S. economy weakening, the Federal Reserve's options for reflating it and financing the U.S. government's debt are narrowing. MacLeod, who will speak at GATA's conference in London in August (http://www.gatagoldrush.com/), writes:
All we can do is to do things to try to hasten the day
Submitted by cpowell on Sun, 2011-06-05 13:31 Section: Daily Dispatches10:31a PT Sunday, June 5, 2011
Dear Friend of GATA and Gold:
Our friend Todd writes:
"Guys, I admire your mission, but year after year nothing really changes.
'Financial repression' of negative rates is likely Fed policy for decade, Rickards says
Submitted by cpowell on Sat, 2011-06-04 12:39 Section: Daily Dispatches9:34a PT Saturday, June 4, 2011
Dear Friend of GATA and Gold (and Silver):
Paul dismisses speaker's debt cut demand
Submitted by cpowell on Fri, 2011-06-03 19:04 Section: Daily DispatchesBy Julie Hirschfield Davis
Bloomberg News
Friday, June 3, 2011
http://www.bloomberg.com/news/2011-06-03/ron-paul-dismisses-boehner-s-do...
Questioned by Paul, Fed denies any interest in gold
Submitted by cpowell on Fri, 2011-06-03 18:27 Section: Daily Dispatches3:30p PT Friday, June 3, 2011
Dear Friend of GATA and Gold:
True to his word to when he met a GATA delegation in Washington a week ago, U.S. Rep. Ron Paul, R-Texas, chairman of the House Subcommittee on Domestic Monetary Policy, has begun asking the Federal Reserve questions about gold swaps, such as those admitted to GATA by Fed Governor Kevin M. Warsh in 2009:
Hyperinflation or depression, Embry tells King World News
Submitted by cpowell on Fri, 2011-06-03 16:03 Section: Daily Dispatches12:50p PT Friday, June 3, 2011
Dear Friend of GATA and Gold:
Sprott Asset Management's John Embry tells King World News that the only options for Western economies are now hyperinflation or depression. You can find an excerpt from the interview at the King World News blog here:
Join GATA Sunday and Monday at the Vancouver conference
Submitted by cpowell on Fri, 2011-06-03 15:49 Section: Daily Dispatches12:36p PT Friday, June 3, 2011
Dear Friend of GATA and Gold (and Silver):
A reminder that GATA Chairman Bill Murphy, GATA board member Ed Steer, and your secretary/treasurer will be participating along with many GATA favorites in the World Resource Investment Conference at the Vancouver Convention Center East this Sunday and Monday in Vancouver, British Columbia, Canada.
Senate bill would force CFTC to act on position limits
Submitted by cpowell on Thu, 2011-06-02 17:33 Section: Daily DispatchesBy Christopher Doering
Reuters
Thursday, June 2, 2011
http://www.reuters.com/article/2011/06/02/financial-regulation-cftc-cong...
WASHINGTON -- An outspoken U.S. senator who criticized the country's futures regulator for failing to crackdown on energy speculation said on Thursday he will introduce legislation next week that will force the agency to act.
GoldMoney interview: James Grant says only 'confidence' underpins dollar
Submitted by cpowell on Thu, 2011-06-02 13:44 Section: Daily Dispatches10:31a PT Thursday, June 2, 2011
Dear Friend of GATA and Gold:
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