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Daily Dispatches
Imagine if any of this money went into real metal, not just paper
Submitted by cpowell on Fri, 2009-11-13 17:53 Section: Daily DispatchesSpeculative Investment in Gold Seen Broadening
By Matt Whittaker
The Wall Street Journal
Friday, November 13, 2009
http://online.wsj.com/article/SB1000142405274870368380457453392383374604...
A broad spectrum of participants are buying up gold as it sits at record highs, all hoping to add a little glitz to their portfolio.
Everyone wants his currency weaker but can't keep up with dollar's fall
Submitted by cpowell on Fri, 2009-11-13 17:38 Section: Daily DispatchesDollar Overwhelms Central Banks from Brazil to Korea
By Oliver Biggadike and Matthew Brown
Bloomberg News
Friday, November 13, 2009
http://www.bloomberg.com/apps/news?pid=20601080&sid=a_4PcxlBMzzc
Iran uses gold coin sales to manipulate markets
Submitted by cpowell on Fri, 2009-11-13 11:48 Section: Daily DispatchesIran to Supply 5 Million New Coins to Gold Market
From Reuters
via TradeArabia.com, Bahrain
Friday, November 13, 2009
http://www.tradearabia.com/news/newsdetails.asp?Sn=ECO&artid=170337
Iran's central bank plans to inject 5 million newly-minted gold coins into the domestic market in order to control rising gold coin prices, according to the official IRNA news agency.
Super-rich seen buying gold, selling hedge funds
Submitted by cpowell on Fri, 2009-11-13 08:52 Section: Daily DispatchesBy Steve Lodge
Financial Times, London
Friday, November 13, 2009
http://www.ft.com/cms/s/2/cf7e4434-d03d-11de-a8db-00144feabdc0.html
Is HSBC evicting your gold or silver?
Submitted by cpowell on Thu, 2009-11-12 20:50 Section: Daily Dispatches8:48p ET Thursday, November 12, 2009
Dear Friend of GATA and Gold:
Tungsten as a gold substitute
Submitted by cpowell on Thu, 2009-11-12 20:12 Section: Daily Dispatches8:10p ET Thursday, November 12, 2009
Dear Friend of GATA and Gold:
GATA consultant Rob Kirby of Kirby Analytics in Toronto and Mike Hewitt, editor of DollarDaze.org, have some interesting reports from the tungsten-as-gold front.
Kirby's commentary is headlined "On Doing God's Work" and you can find it at GoldSeek here:
IMF economists lament dollar-based financial system
Submitted by cpowell on Wed, 2009-11-11 21:23 Section: Daily DispatchesPlea to Reduce Demand for Dollar Reserves
By Krishna Guha
Financial Times, London
Wednesday, November 11, 2009
http://www.ft.com/cms/s/0/b163f502-cf02-11de-8a4b-00144feabdc0.html
GATA's Catherine Austin Fitts interviewed by GoldSeek's Chris Waltzek
Submitted by cpowell on Wed, 2009-11-11 21:13 Section: Daily Dispatches9:10p ET Wednesday, November 11, 2009
Dear Friend of GATA and Gold:
Barrick is scurrying around apologizing for hedge book
Submitted by cpowell on Wed, 2009-11-11 20:49 Section: Daily DispatchesBarrick Shuts Hedge Book as World Gold Supply Runs Out
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, November 11, 2009
http://www.telegraph.co.uk/finance/newsbysector/industry/mining/6546579/...
Vietnam acknowledges trying to push gold price down
Submitted by cpowell on Wed, 2009-11-11 11:48 Section: Daily DispatchesVietnam to Allow Gold Imports to Prevent Speculation
http://www.bloomberg.com/apps/news?pid=20601012&sid=aPA2HISVOVqU
By Nguyen Kieu Giang
Bloomberg News
Wednesday, November 11, 2009
HANOI, Vietnam -- Vietnam will resume gold imports for the first time since June 2008 to try to curb speculation and soaring prices in the domestic market.