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Daily Dispatches
China warns of worldwide devaluations and inflation
Submitted by cpowell on Wed, 2009-05-06 11:11 Section: Daily DispatchesBy Sandy Hendry
Bloomberg News
Wednesday, May 6, 2009
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=appzGzSLS6bw
HONG KONG --Global central banks risk inflation, currency devaluation, and a "big consolidation' in bond markets by pumping cash into their economies, the People's Bank of China said in its quarterly monetary policy report.
Gene Arensberg: Silver bullish, natural gas reversal likely
Submitted by cpowell on Tue, 2009-05-05 06:23 Section: Daily Dispatches11:17a BST Tuesday, May 5, 2009
Dear Friend of GATA and Gold (and Silver):
Venezuela wants to buy more gold produced locally
Submitted by cpowell on Tue, 2009-05-05 06:12 Section: Daily DispatchesBy Daniel Cancel and Matthew Walter
Bloomberg News
Tuesday, May 4, 2009
http://www.bloomberg.com/apps/news?pid=20601086&sid=a._KjQ1aRzBo&refer=l...
CARACAS, Venezuela -- Venezuela more than doubled the amount of gold that local producers must offer to the central bank in a bid to increase its reserves of the metal and reduce reliance on supporting them with U.S. dollars.
London headlines we'd like to see
Submitted by cpowell on Tue, 2009-05-05 05:07 Section: Daily Dispatches10a BST Tuesday, May 6, 2009
Dear Friend of GATA and Gold:
As GATA's delegation arrived in London this morning, we imagined these news organization headlines.
Reuters: Gold Soars on GATA's London Visit.
The Telegraph: ECB Calls Emergency Meeting To Insist Nothing's Wrong.
Financial Times: Nothing IS Wrong.
More notice for gold suppression scheme and GATA
Submitted by cpowell on Mon, 2009-05-04 11:15 Section: Daily Dispatches11:16a ET Monday, May 4, 2009
Dear Friend of GATA and Gold:
China has 'canceled U.S. credit card,' congressman says
Submitted by cpowell on Sun, 2009-05-03 21:53 Section: Daily DispatchesFrom Agence France-Presse
via Google News
Thursday, April 30, 2009
http://www.google.com/hostednews/afp/article/ALeqM5i4estRSYeFBIII9kezxnP...
WASHINGTON -- China, wary of the troubled US economy, has already "canceled America's credit card" by cutting down purchases of debt, a US congressman said Thursday.
James Turk: A short history of the gold cartel
Submitted by cpowell on Sun, 2009-05-03 21:37 Section: Daily DispatchesBy James Turk, Editor
Freemarket Gold & Money Report
http://www.fgmr.com/
Sunday, May 3, 2009
Copyright 2009 by James Turk. All rights reserved.
MineWeb: Warren Buffet's good news for gold
Submitted by cpowell on Sun, 2009-05-03 17:04 Section: Daily DispatchesBy Alec Hogg, Editor
MineWeb.com
Sunday, May 3, 2009
OMAHA -- In the 44 years he's been building a reputation as the world's savviest investor, Warren Buffett has rarely offered any good news on gold. Until now.
With credit default swaps, banks do better if borrowers fail
Submitted by cpowell on Sat, 2009-05-02 12:32 Section: Daily DispatchesKazakh Bank Falls Foul of CDS
By Gillian Tett
Financial Times, London
Thursday, April 30, 2009
http://www.ft.com/cms/s/0/fa0428ee-35a7-11de-a997-00144feabdc0.html?ncli...
Mention the word "Kazakhstan" to a trader in New York or London, and the image of Borat is likely to spring to mind.
China's gold buy raises eyebrows for all the right reasons
Submitted by cpowell on Fri, 2009-05-01 12:05 Section: Daily DispatchesBy Myra P. Saefong
MarketWatch.com
Friday, May 1, 2009
http://www.marketwatch.com/news/story/Chinas-gold-buy-raises-eyebrows/st...
TOKYO -- The precious-metals market took notice for all the right -- but not-so-obvious -- reasons when China announced last week that it ramped up its gold reserves by 76% in the last six years.
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