Daily Dispatches

12:45p ET Saturday, December 5, 2009

Dear Friend of GATA and Gold:

Mike Zielinski, editor of CoinUpdate.com, reports that all gold bullion coin offerings from the U.S. Mint are now either sold out, suspended, or limited. You can read Zielinski's report at CoinUpdate.com here:

http://news.coinupdate.com/us-mint-gold-buffalo-bullion-coins-sold-out-0...

In this long essay from The Wall Street Journal, James Grant of Grant's Interest Rate Observer remarks that the Federal Reserve "isn't overtly manipulating" the gold market. His implication is that the Fed might be manipulating the gold market covertly. Maybe this is a small step in the right direction by someone who surely is erudite enough to know better already.

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By Daniel Bases
Reuters
Thursday, December 3, 2009

http://www.reuters.com/article/usDollarRpt/idUSN0310218520091203

NEW YORK -- Bank of Israel Governor Stanley Fischer said on Thursday the world has to accept a weaker U.S. dollar in order to ensure the global economy recovers soundly.

That's the objective of all central banks: avoiding open markets in gold.

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China Needs to Buy Gold in Long-Term, Industry Executive Says

By Chikako Mogi
Reuters
Thursday, December 3, 2009

http://in.reuters.com/article/domesticNews/idINT21418620091203