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Daily Dispatches
Barry Sergeant: The illusion of gold mining profits
Submitted by cpowell on Mon, 2009-08-24 08:34 Section: Daily Dispatches8:30a ET Monday, August 24, 2009
Dear Friend of GATA and Gold:
MineWeb's Barry Sergeant today reports in detail how rising gold prices have not yet resulted in much profit for mining companies. His report is headlined "The Illusion of Gold Mining Profits" and you can find it at MineWeb here:
http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=87873&sn=Detail
CMRE fall dinner meeting to hear Vieira, Tice, Williams
Submitted by cpowell on Sun, 2009-08-23 15:59 Section: Daily Dispatches3:57p ET Sunday, August 23, 2009
Dear Friend of GATA and Gold:
The fall dinner meeting of the Committee for Monetary Research and Education will be held in New York on Thursday, October 15, and will feature some speakers of special interest to GATA supporters, including:
Adrian Douglas: 'Cash cost' hides unprofitability of gold mining
Submitted by cpowell on Sun, 2009-08-23 13:21 Section: Daily DispatchesBy Adrian Douglas
Sunday, August 23, 2009
There seems to be some confusion about the costs of mining gold.
Adrian Douglas: Don't ease up yet on MorganChase, CFTC
Submitted by cpowell on Sat, 2009-08-22 18:03 Section: Daily DispatchesBy Adrian Douglas
Saturday, August 22, 2009
I have a couple of issues with Ted Butler's comments in his interview this week with Eric King of King World News (http://www.gata.org/node/7705).
First, I greatly admire Butler's analytical work in silver, which is well-researched and meticulous. I disagree with his opinions expressed in that interview.
GATA presses Fed to give up its golden secrets
Submitted by cpowell on Sat, 2009-08-22 00:02 Section: Daily Dispatches12:01a ET Saturday, August 22, 2009
Dear Friend of GATA and Gold:
Yesterday GATA's Washington-area law firm, William J. Olson P.C. of Vienna, Virginia -- http://www.lawandfreedom.com/ -- filed with the Federal Reserve Board an administrative appeal of the Fed's most recent refusal to grant us access to the agency's records involving the U.S. gold reserve.
Gold mining may not be profitable even near $1,000 per ounce
Submitted by cpowell on Fri, 2009-08-21 23:25 Section: Daily Dispatches11:15p ET Friday, August 21, 2009
Dear Friend of GATA and Gold:
A friend, D.T.B., writes:
MorganChase has probably hedged its silver shorts, Butler says
Submitted by cpowell on Fri, 2009-08-21 22:46 Section: Daily Dispatches10:45p ET Friday, August 21, 2009
Dear Friend of GATA and Gold (and Silver):
King World News interviews GATA's Ed Steer
Submitted by cpowell on Fri, 2009-08-21 00:08 Section: Daily Dispatches12:07a ET Friday, August 21, 2009
Dear Friend of GATA and Gold (and Silver):
Chen Jiaxing: China must diversify forex, cleverly
Submitted by cpowell on Thu, 2009-08-20 15:08 Section: Daily DispatchesChina to Trim U.S. Treasury Holdings, Diversify Forex Reserves
By Chen Jiaxing
People's Daily, Beijing
Thursday, August 20, 2009
http://english.people.com.cn/90001/90780/91421/6734461_txt.html
Ted Butler: CFTC acts against concentrated positions
Submitted by cpowell on Thu, 2009-08-20 14:38 Section: Daily Dispatches2:22p ET Thursday, August 20, 2009
Dear Friend of GATA and Gold (and Silver):