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Daily Dispatches
Ferdi Lips warned about gold market's 100-1 leverage nine years ago
Submitted by cpowell on Sun, 2010-07-18 21:33 Section: Daily Dispatches9:30p ET Sunday, July 18, 2010
Dear Friend of GATA and Gold:
Gene Arensberg: Metals in backwardation but a little more slippage likely
Submitted by cpowell on Sun, 2010-07-18 20:58 Section: Daily Dispatches9p ET Sunday, July 18, 2010
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's latest "Got Gold Report" finds gold and silver in backwardation and the large commercial shorts covering their positions but expects a little more decline in each metal before their upward trend resumes. Arensberg's commentary is headlined "Gold 'Rumored' Lower, Euro Pops" and you can find it here:
James Turk: Waiting for silver's upside breakout
Submitted by cpowell on Sun, 2010-07-18 20:46 Section: Daily Dispatches8:45p ET Sunday, July 18, 2010
Dear Friend of GATA and Gold (and Silver):
Scotiabank gives long abuse to cancer victim trying to reclaim her silver
Submitted by cpowell on Sun, 2010-07-18 11:16 Section: Daily Dispatches11:15a ET Sunday, July 18, 2010
Dear Friend of GATA and Gold (and Silver):
On King World News, Butler is bullish for precious metals in short term
Submitted by cpowell on Sat, 2010-07-17 10:45 Section: Daily Dispatches10:45a ET Saturday, July 17, 2010
Dear Friend of GATA and Gold:
Rust discovered on Bank of Russia-issued 'gold' coins
Submitted by cpowell on Fri, 2010-07-16 23:57 Section: Daily Dispatches11:50p ET Friday, July 16, 2010
Dear Friend of GATA and Gold:
Zero Hedge reports tonight about Bank of Russia-issued gold coins that have been found rusting, which gold doesn't do.
Reuters actually puts gold questions to BIS, which clams up
Submitted by cpowell on Fri, 2010-07-16 16:33 Section: Daily DispatchesBIS Footnote Unlocks Major Development in Gold Use
By Jan Harvey and Veronica Brown
Reuters
Friday, July 16, 2010
http://uk.reuters.com/article/idUKLNE66F03J20100716
LONDON -- A small footnote in the Bank of International Settlements' latest annual statement has flagged up a potentially major development in the way the metal can be used as an active financial instrument.
FT stumbles into central bank admissions of market manipulation
Submitted by cpowell on Fri, 2010-07-16 10:31 Section: Daily DispatchesPuzzle over Banque de France's Lehman Role
By Henny Sender
Financial Times, London
Wednesday, July 7, 2010
http://www.ft.com/cms/s/0/7834dc62-89e5-11df-bd30-00144feab49a.html
How the CFTC got power in financial regulation bill
Submitted by cpowell on Thu, 2010-07-15 12:49 Section: Daily DispatchesBy Michael R. Crittenden and Victoria McGrane
The Wall Street Journal
Thursday, July 15, 2010
http://online.wsj.com/article/SB1000142405274870474680457536724292303033...
WASHINGTON -- With the Senate poised to approve the most significant overhaul in financial regulations in decades, the Commodity Futures Trading Commission is emerging as a winner.
Will Sprott's new silver fund become MorganChase's biggest nightmare?
Submitted by cpowell on Thu, 2010-07-15 10:45 Section: Daily Dispatches10:45a ET Thursday, July 15, 2010
Dear Friend of GATA and Gold (and Silver):