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Daily Dispatches
Hugo Salinas Price: It's time to end World War II
Submitted by cpowell on Thu, 2009-10-29 20:54 Section: Daily Dispatches8:55p ET Thursday, October 29, 2009
Dear Friend of GATA and Gold (and Silver):
Russia cuts gold sale estimates, may sell only domestically
Submitted by cpowell on Thu, 2009-10-29 13:09 Section: Daily DispatchesFrom Interfax, Moscow
Thursday, October 29, 2009
http://www.interfax.com/3/526442/news.aspx
MOSCOW -- The Russian Finance Ministry has not shelved plans to sell gold from the State Precious Metals and Gemstones Repository (Gokhran) and could sell approximately 25 tonnes of the metal, possibly on the domestic market, a ministry official told Interfax.
Morgan Chase may have a job for him when he gets out
Submitted by cpowell on Thu, 2009-10-29 12:56 Section: Daily DispatchesChinese Man Gets Jail for $8.5 Billion Gold Futures Fraud
By Ben Blanchard
Reuters
Thursday, October 29, 2009
http://in.reuters.com/article/businessNews/idINIndia-43533520091029?rpc=401
BEIJING -- A man in eastern China has been given a nine-year jail term for buying and selling over 58 billion yuan ($8.5 billion) worth of fraudulent gold futures, state media said on Thursday.
GATA consultant Rob Kirby interviewed by Jay Taylor
Submitted by cpowell on Wed, 2009-10-28 20:57 Section: Daily Dispatches8:55p ET Wednesday, October 28, 2009
Dear Friend of GATA and Gold:
Turkey to drop dollar in trade with Iran, China
Submitted by cpowell on Wed, 2009-10-28 19:40 Section: Daily DispatchesFrom RIA-Novosti, Moscow
Wednesday, October 28, 2009
http://en.rian.ru/business/20091028/156617011.html
ANKARA, Turkey -- Turkey is switching to national currencies in trade with Iran and China, ending dependence on the U.S. dollar and the euro for about 20 percent of its commodity turnover, local media reported on Wednesday.
Saudis don't want oil price set in U.S. anymore
Submitted by cpowell on Wed, 2009-10-28 18:27 Section: Daily DispatchesSaudis Drop WTI Oil Contract
By Javier Blas
Financial Times, London
Wednesday, October 28, 2009
http://www.ft.com/cms/s/0/8cda145a-c3fe-11de-8de6-00144feab49a.html?ncli...
Saudi Arabia on Wednesday decided to drop the widely used West Texas Intermediate oil contract as the benchmark for pricing its oil, dealing a serious blow to the New York Mercantile Exchange.
Those darn Middle Easterners are suspicious of paper gold
Submitted by cpowell on Wed, 2009-10-28 13:26 Section: Daily DispatchesGold ETC Slow to Take Off in Gulf
By John Irish and Jason Benham
Reuters
Wednesday, October 28, 2009
http://www.reuters.com/article/MiddleEastInvestment09/idUSTRE59R2J720091028
DUBAI -- The Gulf region's first gold exchange traded commodity (ETC), a new investment vehicle launched this year, is seeing only modest growth due to regional unfamiliarity with the product.
Russian finance minister raises gold sales again
Submitted by cpowell on Wed, 2009-10-28 13:20 Section: Daily DispatchesBy Nataliya Vasilyeva
Associated Press
via Yahoo News
Wednesday, October 28, 2009
http://finance.yahoo.com/news/Russia-considering-gold-apf-3094119456.htm...
MOSCOW -- Finance Minister Alexei Kudrin said Wednesday that Russia is considering selling gold on world markets to cash in on high prices as the government faces its first budget deficit in a decade.
Two more warnings of pervasive market manipulation
Submitted by cpowell on Tue, 2009-10-27 19:45 Section: Daily Dispatches7:45p ET Tuesday, October 27, 2009
Dear Friend of GATA and Gold:
Patrick Heller: Gold blast-off starts Friday?
Submitted by cpowell on Tue, 2009-10-27 14:54 Section: Daily Dispatches3p ET Tuesday, October 27, 2009
Dear Friend of GATA and Gold:
Patrick Heller's new column for Numismaster takes note of recent work by GATA Chairman Bill Murphy and Board of Directors member Adrian Douglas. It's headlined "Gold Blast-Off Starts Friday?" and you can find it at Numismaster here:
http://www.numismaster.com/ta/numis/Article.jsp?ad=article&ArticleId=8134
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