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Daily Dispatches
Saudis hoard twice as much gold as thought
Submitted by cpowell on Sun, 2010-06-20 17:45 Section: Daily DispatchesDid they recover reserves they had lent to the LBMA? And what good are official statistics that can change so much overnight?
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By Javier Blas
Financial Times, London
Sunday, June 20, 2010
http://www.ft.com/cms/s/0/e97c15bc-7ca1-11df-8b74-00144feabdc0.html
Ambrose Evans-Pritchard: Gold reclaims currency status as global system unravels
Submitted by cpowell on Sun, 2010-06-20 14:25 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, June 20, 2010
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/784196...
New monetary system may use gold at much higher price, Tocqueville's Hathaway says
Submitted by cpowell on Sun, 2010-06-20 10:32 Section: Daily Dispatches10:30a ET Sunday, June 20, 2010
Dear Friend of GATA and Gold (and Silver):
Mike Kosares: The true inflation-adjusted price of gold
Submitted by cpowell on Sat, 2010-06-19 14:24 Section: Daily Dispatches2:20p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Jeff Nielson: Collapse of official gold sales heralds much higher price
Submitted by cpowell on Sat, 2010-06-19 12:55 Section: Daily Dispatches12:52p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Metals more bullish than COT data, Butler tells King World News
Submitted by cpowell on Sat, 2010-06-19 12:39 Section: Daily Dispatches12:35p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold (and Silver):
Russia pushes again for new reserve currencies
Submitted by cpowell on Sat, 2010-06-19 12:07 Section: Daily DispatchesBy William Mauldin
The Wall Street Journal
Saturday, June 19, 2010
http://online.wsj.com/article/SB1000142405274870412290457531499037419691...
James Turk: Gold's rise against major currencies is accelerating
Submitted by cpowell on Sat, 2010-06-19 11:59 Section: Daily Dispatches11:57a ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Dollar peg is dead as China announces yuan's flexibility
Submitted by cpowell on Sat, 2010-06-19 11:40 Section: Daily DispatchesBy Michael Wei and Benjamin Kang Lim
Reuters
Saturday, June 19, 2010
http://www.reuters.com/article/idUSTRE65I11B20100619
BEIJING -- China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that it was ready to break the currency's 23-month-old dollar peg.
Brien Lundin: Gold's (almost) free at last
Submitted by cpowell on Fri, 2010-06-18 20:07 Section: Daily Dispatches8p ET Friday, June 18, 2010
Dear Friend of GATA and Gold: