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Daily Dispatches
Not enough metal to put dollar back on gold, Bernanke says
Submitted by cpowell on Tue, 2011-03-01 18:47 Section: Daily DispatchesAnd plenty of derivatives to keep the dollar off gold.
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Bernanke Unfazed By Gold Standard, Currency History Queries
By Michael R. Crittenden
Dow Jones Newswires
via The Wall Street Journal
Tuesday, March 1, 2011
Didn't Fed attend other G-10 gold committee meetings?
Submitted by cpowell on Tue, 2011-03-01 18:18 Section: Daily Dispatches6:24p ET Tuesday, March 1, 2011
Dear Friend of GATA and Gold:
Chinese queue at malls to beat Bernanke's inflation with gold
Submitted by cpowell on Tue, 2011-03-01 17:40 Section: Daily DispatchesMalls Witnessing Gold Rush as Shoppers Fear Inflation
By Xu Fan
China Daily, Beijing
Monday, February 28, 2011
http://www.chinadaily.com.cn/cndy/2011-02/28/content_12085402.htm
Jewelers at shopping malls across the capital are witnessing a gold rush as residents spooked by inflation fears look to protect their money.
GoldMoney's James Turk interviews Cheviot's Ned Naylor-Leyland
Submitted by cpowell on Tue, 2011-03-01 11:16 Section: Daily Dispatches11:12a ET Tuesday, March 1, 2011
Dear Friend of GATA and Gold:
GoldSeek Radio interviews GATA Chairman Murphy, GoldMoney's Turk
Submitted by cpowell on Mon, 2011-02-28 21:48 Section: Daily Dispatches9:47p ET Monday, February 28, 2011
Dear Friend of GATA and Gold (and Silver)
GoldSeek Radio's Chris Waltzek today interviewed GATA Chairman Bill Murphy for nine minutes and, a few days ago, GoldMoney founder and GATA consultant James Turk for 18 minutes. You can listen to the interviews at GoldSeek Radio here:
http://radio.goldseek.com/nuggets.php
CHRIS POWELL, Secretary/Treasurer
Dollar's safe-haven status hangs in the balance
Submitted by cpowell on Mon, 2011-02-28 15:29 Section: Daily DispatchesBy Peter Garnham
Financial Times, London
Monday, February 28, 2011
http://www.ft.com/cms/s/0/d73c9258-435e-11e0-8f0d-00144feabdc0.html
Long seen as a place of safety in times of turmoil, the dollar may be losing its haven appeal.
To prevent gold market manipulation, Vietnam would outlaw the market
Submitted by cpowell on Mon, 2011-02-28 13:55 Section: Daily DispatchesThis is what happens when the gold market is entirely physical and uncontrolled by derivatives: The price simply explodes and destroys the government currency. Kitco's Jon Nadler and CPM Group's Jeff Christian insist that central banks have no interest in controlling the gold market and little interest even in gold itself. This is hallucination at best, disinformation at worst.
Gold coiled, hyperinflation possible, Davies tells King World News
Submitted by cpowell on Mon, 2011-02-28 13:40 Section: Daily Dispatches1:40p ET Monday, February 28, 2011
Dear Friend of GATA and Gold (and Silver):
The gold chart is coiled tightly and continued dollar debasement can only push the price up and raise the prospect of hyperinflation, Hinde Capital CEO Ben Davies tells King World News today. Excerpts from the interview are posted at the King World News blog here:
Vietnam central bank wants to outlaw gold trading
Submitted by cpowell on Mon, 2011-02-28 08:32 Section: Daily DispatchesBy Nguyen Pham Muoi
Dow Jones Newswires
via The Wall Street Journal
Monday, February 28, 2011
http://online.wsj.com/article/BT-CO-20110228-702556.html
HANOI -- Vietnam's central bank is proposing that the government issue regulations to ban the trade of gold bullion from the second quarter of this year, state media reported Monday, citing the State Bank of Vietnam.
Gold scrap scarcity hobbles Indian refineries
Submitted by cpowell on Sat, 2011-02-26 16:24 Section: Daily DispatchesGold Refineries' Operating Capacity Declines
By Dilip Kumar Jha
Business Standard, New Delhi
Sunday, February 27, 2011
http://www.business-standard.com/india/news/gold-refineries/-operating-c...