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Daily Dispatches
Tribe is long gone but its money is still pretty good
Submitted by cpowell on Sun, 2008-11-16 16:38 Section: Daily DispatchesAncient Celtic Coin Cache Found in Netherlands
By Toby Sterling
Associated Press
Thursday, November 13, 2008
http://news.yahoo.com/s/ap/20081113/ap_on_re_eu/eu_netherlands_celtic_co...
Which is the free country indeed?
Submitted by cpowell on Sun, 2008-11-16 16:28 Section: Daily Dispatches3:23p CT Sunday, November 16, 2008
Dear Friend of GATA and Gold:
Your secretary/treasurer's remarks at the New Orleans Investment Conference in regard to the freedom to own gold in the United States, Russia, and China prompted a response from Adi Hadi of Hohhot, Inner Mongolia, China, emphasizing the point those remarks meant to make. Hadi writes:
Gene Arensberg: Gold, silver premiums highest in years
Submitted by cpowell on Sun, 2008-11-16 15:07 Section: Daily Dispatches2p CT Sunday, November 16, 2008
Dear Friend of GATA and Gold:
The new "Got Gold Report" of Resource Investor's Gene Arensberg discloses that conditions in the gold and silver markets have gotten even more explosive in recent days. Arensberg reports:
-- Three or fewer U.S. banks hold 51 percent of the commercial short positions in gold on the New York Commodities Exchange.
Judy Shelton: Stable money is the key to recovery
Submitted by cpowell on Sat, 2008-11-15 17:30 Section: Daily DispatchesBy Judy Shelton
The Wall Street Journal
Friday, November 14, 2008
Larry Edelson: The G-20's secret debt solution
Submitted by cpowell on Sat, 2008-11-15 11:30 Section: Daily Dispatches10:20a CT Saturday, November 15, 2008
Dear Friend of GATA and Gold:
Larry Edelson of Weiss Research foresees an upward revaluation of gold as the secret solution to the international debt deflation problem. His commentary is headlined "The G-20's Secret Debt Solution" and you can find it here:
http://www.moneyandmarkets.com/the-g-20s-secret-debt-solution-27996
Iran says its reserves have been put into gold
Submitted by cpowell on Sat, 2008-11-15 11:08 Section: Daily DispatchesBy Zahra Hosseinian
Reuters
Saturday, November 15, 2008
http://www.reuters.com/article/GCA-Oil/idUSTRE4AE1F820081115
TEHRAN -- Iran has converted financial reserves into gold to avoid future problems, an adviser to President Mahmoud Ahmadinejad said in comments published on Saturday, after the price of oil fell more than 60 percent from a peak in July.
Richard Russell: I'm starting to think gold is manipulated
Submitted by cpowell on Fri, 2008-11-14 17:00 Section: Daily Dispatches3:53p CT Friday, November 14, 2008
Dear Friend of GATA and Gold:
A subscriber to Richard Russell's Dow Theory Letter who is a longtime participant in GATA sends the excerpt that is below from Russell's letter Thursday night. Our friend headlines the excerpt, "That Didn't Take Long." And yet Russell still got there sooner than some other worthies.
CHRIS POWELL, Secretary/Treasurer
Dollar peg to gold seen unlikely from G20 meeting
Submitted by cpowell on Fri, 2008-11-14 16:52 Section: Daily DispatchesBut it's remarkable that gold is getting discussed so widely now.
* * *
By Frank Tang
Reuters
Friday, November 14, 2008
http://www.reuters.com/article/vcCandidateFeed2/idUSTRE4AD7PT20081114
Walker Todd: Forget Bretton Woods II -- we need a new gold standard
Submitted by cpowell on Fri, 2008-11-14 16:08 Section: Daily DispatchesBy Walker Todd
The Christian Science Monitor, Boston
Monday, November 17, 2008
China urged to buy gold to hedge dollar decline
Submitted by cpowell on Fri, 2008-11-14 13:40 Section: Daily DispatchesBy Xiao Yu and Ron Harui
Bloomberg News
Friday, November 14, 2008
http://www.bloomberg.com/apps/news?pid=20601012&sid=aODaEiMnEoeI
China, the second-biggest overseas holder of U.S. Treasuries, should increase its bullion holding to diversify its reserves because the dollar may decline, the country's gold association said.
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