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Daily Dispatches

Government's rescue money underwrote monstrous bonuses for bankers

Section: Daily Dispatches

Some 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

Section: Daily Dispatches

By Peter Grandich
Agoracom.com, Toronto
Thursday, July 30, 2009

http://grandich.agoracom.com/

The gold market really isn't about you, Dennis

Section: Daily Dispatches

9:48p 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

Section: Daily Dispatches

Gold 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

Section: Daily Dispatches

By 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

Section: Daily Dispatches

11a 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:

King World News interviews Eric Sprott on markets and metals

Section: Daily Dispatches

10:18p ET Tuesday, July 28, 2009

Dear Friend of GATA and Gold:

Adrian Douglas: CFTC conceals the real problem, the infinite dollar

Section: Daily Dispatches

By 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.

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