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Daily Dispatches
Fed can keep most gold secrets but must yield one, judge rules
Submitted by cpowell on Thu, 2011-02-03 20:48 Section: Daily Dispatches8:55p ET Thursday, February 3, 2011
Dear Friend of GATA and Gold:
The Federal Reserve can keep secret most of the gold documents at issue in GATA's freedom-of-information lawsuit against it, a federal judge ruled today. But the judge, Ellen Segal Huvelle of U.S. District Court for the District of Columbia, ordered the Fed to disclose to GATA a potentially crucial document by February 18.
Newmont pays 37% premium to acquire Fronteer Gold
Submitted by cpowell on Thu, 2011-02-03 11:58 Section: Daily DispatchesNewmont to Buy Canada's Fronteer Gold for C$2.3 Billion
By Steve James and Pav Jordan
Reuters
Thursday, February 3, 2011
http://www.reuters.com/article/2011/02/03/us-newmont-fronteer-idUSTRE712...
Cash is trash in China as rabbit-themed gold fills 'unbelievable' demand
Submitted by cpowell on Wed, 2011-02-02 22:03 Section: Daily DispatchesBugs to Bernanke: That's all, folks!
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China on Track to Become Top Gold Buyer
By Leslie Hook and Jack Farchy
Financial Times, London
Wednesday, February 2, 2011
http://www.ft.com/cms/s/0/f79b1824-2eed-11e0-88ec-00144feabdc0.html
Gold and silver decline is over, Turk tells King World News
Submitted by cpowell on Mon, 2011-01-31 17:44 Section: Daily Dispatches5:40p ET Monday, January 31, 2011
Dear Friend of GATA and Gold (and Silver):
The recent decline in gold and silver prices is over as oil and other commodity prices continue to rise, GoldMoney founder and GATA consultant James Turk tells King World News. Excerpts from the interview can be found at the King World News blog here:
Hugo Salinas Price: Monetizing silver in British pounds
Submitted by cpowell on Mon, 2011-01-31 17:33 Section: Daily Dispatches5:30p Monday, January 31, 2011
Dear Friend of GATA and Gold (and Silver):
The presentation of Hugo Salinas Price, president of the Mexican Civic Association for Silver, at last week's Cheviot Asset Management Sound Money Conference in London, described how silver might gradually be monetized in British pounds. You can find the presentation at the association's Internet site here:
Policy makers at Davos see dollar losing reserve dominance
Submitted by cpowell on Mon, 2011-01-31 17:25 Section: Daily DispatchesBy Paul Carrel
Reuters
Monday, January 31, 2011
http://www.reuters.com/article/2011/01/31/uk-davos-dollar-idUKTRE70U3X82...
DAVOS, Switzerland -- The U.S. dollar's role as a reserve currency will diminish in the coming years as Asian economies like China grow and countries seek to diversify their monetary holdings, policymakers said on Friday.
Maybe there can be several reserve currencies, Rickards tells King World News
Submitted by cpowell on Mon, 2011-01-31 17:20 Section: Daily Dispatches5:17p ET Monday, January 31, 2011
Dear Friend of GATA and Gold:
Interviewed by Eric King of King World News, market analyst Jim Rickards speculates on a new world financial system that uses several reserve currencies. Rickards also discusses China's need for more gold to become an economic superpower. The interview is 13 minutes long and you can listen to it at King World News here:
Chris Powell: And was Jerusalem builded here?
Submitted by cpowell on Sun, 2011-01-30 18:57 Section: Daily DispatchesVideo of this address is posted at the Cheviot Asset Management Internet site here:
http://www.cheviot.co.uk/sound-money-conference/presentations/gold-price...
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Remarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
The Cheviot Asset Management Sound Money Conference
The Guildhall, London
FOFOA: Who is draining GLD? Probably giants who want metal
Submitted by cpowell on Sat, 2011-01-29 20:22 Section: Daily Dispatches1:20a GMT Sunday, January 30, 2011
Dear Friend of GATA and Gold:
Kitco News reports on GATA's lawsuit seeking Fed's gold records
Submitted by cpowell on Sat, 2011-01-29 15:10 Section: Daily Dispatches8p GMT Saturday, January 29, 2011
Dear Friend of GATA and Gold:
Kitco News reports this weekend about GATA's lawsuit against the Federal Reserve in U.S. District Court for the District of Columbia, which seeks access to the Fed's gold records. You can find the story here:
http://www.kitco.com/reports/KitcoNews20110128CT_focus.html
CHRIS POWELL, Secretary/Treasurer