Daily Dispatches

Putin complains of 'uncontrolled' dollar issuance

Submitted by cpowell on Fri, 2009-09-18 11:25 Section: Daily Dispatches

By Sergei Venyavsky
The Associated Press
via Yahoo News Canada
Friday, September 18, 2009

http://ca.news.yahoo.com/s/capress/090918/business/eu_russia_economy_5

SOCHI, Russia -- Russian Prime Minister Vladimir Putin on Friday said other currencies besides the dollar should be used as global reserves to reduce the risks posed by swelling U.S. debt.

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Jay Taylor interviews G. Edward Griffin and Ron Paul

Submitted by cpowell on Fri, 2009-09-18 00:50 Section: Daily Dispatches

12:50a ET Friday, September 18, 2009

Dear Friend of GATA and Gold:

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Gold mining industry faces reserve crisis, Kinross CEO says

Submitted by cpowell on Wed, 2009-09-16 23:04 Section: Daily Dispatches

By Rob Delaney
Bloomberg News
Wednesday, September 16, 2009

http://www.bloomberg.com/apps/news?pid=20601082&sid=atxJ5yqO73DY

TORONTO -- Kinross Gold Corp., Canada's third-largest producer of the precious metal, said the gold industry is facing a crisis of declining reserves as investor demand outpaces supply.

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Interviewed by GoldSeek, Turk sees gold's breakout imminent

Submitted by cpowell on Tue, 2009-09-15 23:59 Section: Daily Dispatches

11:40p ET Tuesday, September 15, 2009

Dear Friend of GATA and Gold:

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Mike Kosares: Updated 'disturbing trends' make the case for gold

Submitted by cpowell on Tue, 2009-09-15 23:38 Section: Daily Dispatches

11:30p ET Tuesday, September 15, 2009

Dear Friend of GATA and Gold:

Michael Kosares, proprietor of Centennial Precious Metals in Denver (www.USAGold.com), has updated his table of disturbing economic trends. Kosares concludes:

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Gold seen surpassing $1,110 on central bank buying

Submitted by cpowell on Tue, 2009-09-15 13:16 Section: Daily Dispatches

By Frank Tang
Reuters
Tuesday, September 15, 2009

http://www.reuters.com/article/usDollarRpt/idUSN1541476920090915

DENVER -- The price of gold could rise above $1,110 an ounce in 2010 as central banks diversify their reserves into gold due to a faltering dollar, economist Martin Murenbeeld told the Denver Gold Forum on Tuesday.

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Barrick plans to spend extra cash on acquisitions

Submitted by cpowell on Tue, 2009-09-15 13:00 Section: Daily Dispatches

By Frank Tang
Reuters
Tuesday, September 15, 2009

http://www.reuters.com/article/euPrivateEquityNews/idUSTRE58D4UK20090914...

DENVER -- The chief executive of Barrick Gold Corp. said on Monday that the world's largest gold producer will use excess cash from higher production and cost savings for acquisitions and to increase its reserves.