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Daily Dispatches
Government's rescue money underwrote monstrous bonuses for bankers
Submitted by cpowell on Fri, 2009-07-31 00:05 Section: Daily DispatchesSome Bank Pay Unmoored from Performance, NY Attorney General Says
By Grant McCool
Reuters
Thursday, July 30, 2009
http://www.reuters.com/article/newsOne/idUSTRE56T4MI20090730
A compliment for GATA from Peter Grandich
Submitted by cpowell on Thu, 2009-07-30 23:44 Section: Daily DispatchesBy Peter Grandich
Agoracom.com, Toronto
Thursday, July 30, 2009
Franklin Sanders: The war against specie money and how we can win it at face value
Submitted by cpowell on Thu, 2009-07-30 22:15 Section: Daily Dispatches10:11p ET Thursday, July 30, 2009
Dear Friend of GATA and Gold:
The gold market really isn't about you, Dennis
Submitted by cpowell on Wed, 2009-07-29 21:49 Section: Daily Dispatches9:48p ET Wednesday, July 29, 2009
Dear Friend of GATA and Gold:
In his letter today commodity market analyst Dennis Gartman (http://www.TheGartmanLetter.com) candidly acknowledged that his recent trading recommendations in gold have been disastrous, an awful record much mocked by the "gold bugs" he loves to disparage.
Gartman wrote:
Gold demand seen leaving ETFs for futures, real metal
Submitted by cpowell on Wed, 2009-07-29 14:37 Section: Daily DispatchesGold Tunes Out Weak ETF Buying as Speculation Soars
By Jan Harvey
Reuters
Wednesday, July 29, 2009
http://www.reuters.com/article/hotStocksNews/idUSTRE56S3MW20090729
LONDON -- Gold prices are ignoring dwindling inflows into bullion-backed exchange-traded funds, with prices supported as investors switch their interest to the U.S. futures market and outright purchases of physical metal.
IMF says its gold sales likely will be staggered
Submitted by cpowell on Wed, 2009-07-29 14:27 Section: Daily DispatchesBy Lesley Wroughton
Reuters
via Forbes.com
Wednesday, July 29, 2009
http://www.forbes.com/feeds/reuters/2009/07/29/2009-07-29T164243Z_01_N29...
WASHINGTON -- The planned sale of 400 tonnes of IMF gold would take place within a new central bank gold sales agreement being negotiated, a senior International Monetary Fund official said Wednesday.
'Midas' Murphy: U.S. government orchestrates market moves
Submitted by cpowell on Wed, 2009-07-29 10:57 Section: Daily Dispatches11a ET Wednesday, July 29, 2009
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for yesterday at LeMetropoleCafe.com has been posted in the clear at GoldSeek. It's got a lot of good stuff in it and is headlined "U.S. Government Orchestrates Market Moves To Affect Massive Treasury Auctions In A Day Filled With Irony." You can find it here:
Robert Kuttner: High-frequency trading is just insider trading
Submitted by cpowell on Tue, 2009-07-28 23:38 Section: Daily DispatchesWall Street on Speed
By Robert Kuttner
HuffingtonPost.com, New York
Sunday, July 26, 2009
http://www.huffingtonpost.com/robert-kuttner/wall-street-on-speed_b_2451...
King World News interviews Eric Sprott on markets and metals
Submitted by cpowell on Tue, 2009-07-28 22:24 Section: Daily Dispatches10:18p ET Tuesday, July 28, 2009
Dear Friend of GATA and Gold:
Adrian Douglas: CFTC conceals the real problem, the infinite dollar
Submitted by cpowell on Tue, 2009-07-28 21:58 Section: Daily DispatchesBy Adrian Douglas
Tuesday, July 28, 2009
Today's hearing by the U.S. Commodity Futures Trading Commission to discuss speculation in futures markets is a sham, a kangaroo court.