Daily Dispatches

Even Jon Nadler starts to suspect market manipulation

Submitted by cpowell on Mon, 2008-04-07 23:32 Section: Daily Dispatches

11:32p ET Monday, April 7, 2008

Dear Friend of GATA and Gold:

Read more about Even Jon Nadler starts to suspect market manipulation

IMF still needs OK from Congress; says it won't add to official sales

Submitted by cpowell on Mon, 2008-04-07 17:44 Section: Daily Dispatches

IMF Board Backs Gold Sale Proposal to Boost Income

By Maya Jackson Randall
Dow Jones Newswires
via Nasdaq.com
Monday, April 7, 2008

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20080407%5cACQDJO...

Read more about IMF still needs OK from Congress; says it won't add to official sales

Is gold going east to keep oil principalities in line?

Submitted by cpowell on Mon, 2008-04-07 17:17 Section: Daily Dispatches

5:10p ET Monday, April 7, 2008

Dear Friend of GATA and Gold:

If one puts today's news together ...

1) The Arabian Gulf oil principalities say they'll stick with the U.S. dollar until they achieve monetary union in 2010 (see the report appended here).

Read more about Is gold going east to keep oil principalities in line?

IMF proposes selling 403 tonnes of gold to raise $11 billion

Submitted by cpowell on Mon, 2008-04-07 16:51 Section: Daily Dispatches

From Agence France-Presse
via Yahoo News
Monday, April 7, 2008

http://news.yahoo.com/s/afp/20080407/bs_afp/imfbudgetinvestgold_08040720...

WASHINGTON -- The International Monetary Fund Monday proposed the sale of 403.3 tonnes of gold for about $11 billion as part of a wide-ranging financial overhaul, managing director Dominique Strauss-Kahn said.

Read more about IMF proposes selling 403 tonnes of gold to raise $11 billion

Will Islamic principles require real gold on hand?

Submitted by cpowell on Mon, 2008-04-07 14:47 Section: Daily Dispatches

Or will they be more like Western principles?

* * *

Gold Council, Commodities Centre Plan Gold Share Venture

By Will McSheehy and Glen Carey
Bloomberg News Service
Monday, April 7, 2008

http://www.bloomberg.com/apps/news?pid=20601116&sid=azHtWwtMfZUM&refer=a...

Read more about Will Islamic principles require real gold on hand?

GATA Auction

Submitted by cpowell on Mon, 2008-04-07 11:13 Section: Daily Dispatches

Read more about GATA Auction

Good thing there's no inflation -- just maybe starvation

Submitted by cpowell on Mon, 2008-04-07 00:23 Section: Daily Dispatches

By Marianne Stigset and Tony Dreibus
Bloomberg News Service
Monday, April 7, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=ahaT0.5kV1JI&refer=home

From Cairo to New Delhi to Shanghai, the run on rice is threatening to disrupt worldwide food supplies as much as the scarcity of confidence on Wall Street earlier this year roiled credit markets.

Read more about Good thing there's no inflation -- just maybe starvation

Bid in the fund-raising auction at GATA's Washington conference

Submitted by cpowell on Mon, 2008-04-07 00:12 Section: Daily Dispatches

12:11a ET Monday, April 7, 2008

Dear Friend of GATA and Gold:

With less than two weeks to our conference, "GATA Goes to Washington -- Anybody Seen Our Gold?," to be held Thursday-Saturday, April 17-19, we have developed an excellent lineup of speakers and presentations. The conference also will offer those who attend a chance to visit with old and new friends.