Daily Dispatches

Ted Butler and Izzy Friedman: The silver rush is on

Submitted by cpowell on Mon, 2008-10-20 19:38 Section: Daily Dispatches

7:30p ET Monday, October 20, 2008

Dear Friend of GATA and Gold:

Read more about Ted Butler and Izzy Friedman: The silver rush is on

Metal keeps drying up as Comex pretends otherwise

Submitted by cpowell on Mon, 2008-10-20 18:13 Section: Daily Dispatches

6:10p ET Tuesday, October 21, 2008

Dear Friend of GATA and Gold:

Today brought a couple more notable comments about the disparity between the price of real gold and silver in hand and the price of gold and silver futures on the New York Commodities Exchange.

Read more about Metal keeps drying up as Comex pretends otherwise

Peter Brimelow: Paranoid but still prescient?

Submitted by cpowell on Mon, 2008-10-20 00:21 Section: Daily Dispatches

By Peter Brimelow
MarketWatch.com
Sunday, October 19, 2008

http://www.marketwatch.com/news/story/paranoid-prescient/story.aspx?guid...

NEW YORK -- Even paranoids have enemies. And make good market calls. Two paranoid but prescient letters are presently pessimistic.

Read more about Peter Brimelow: Paranoid but still prescient?

ECB council member foresees 'tri-polar' currency system

Submitted by cpowell on Sun, 2008-10-19 20:52 Section: Daily Dispatches

By Jonathan Tirone
Bloomberg News
Sunday, October 19, 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apjqJKKQvfDc

VIENNA, Austria -- European Central Bank council member Ewald Nowotny said a "tri-polar" global currency system is developing between Asia, Europe, and the United States and that he's skeptical the U.S. dollar's centrality can be revived.

Read more about ECB council member foresees 'tri-polar' currency system

James Turk: Gold's new records

Submitted by cpowell on Sun, 2008-10-19 12:15 Section: Daily Dispatches

12:10p ET Sunday, October 19, 2008

Dear Friend of GATA and Gold:

Read more about James Turk: Gold's new records

Jim Sinclair: The bullion market vs. the paper gold market

Submitted by cpowell on Sun, 2008-10-19 10:58 Section: Daily Dispatches

By Jim Sinclair
www.JSMineSet.com
Sunday, October 19, 2008

It is axiomatic that the most leveraged gold market most often (95 percent of the time) sets the price of any cash market. First derivatives (listed futures) command price.

This remains true as long as the COMEX warehouse of gold is NOT meaningfully depleted by long gold contracts by taking delivery from the exchange warehouse.

Read more about Jim Sinclair: The bullion market vs. the paper gold market

No credit? No assets? No problem at U.S. Treasury!

Submitted by cpowell on Sat, 2008-10-18 15:23 Section: Daily Dispatches

3:22p ET Saturday, October 18, 2008

Dear Friend of GATA and Gold:

Read more about No credit? No assets? No problem at U.S. Treasury!

Economist Mundell says China should buy all IMF gold

Submitted by cpowell on Sat, 2008-10-18 11:03 Section: Daily Dispatches

10:54a ET Saturday, October 18, 2008

Dear Friend of GATA and Gold:

Your secretary-treasurer was given a fair amount of time Thursday night to explain the gold price suppression scheme to the annual fall dinner meeting of the Committee for Monetary Research and Education (www.CMRE.org) at the Union League Club in New York City.