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Daily Dispatches
China's trade surplus surges 73 percent
Submitted by cpowell on Mon, 2007-06-11 11:34 Section: Daily DispatchesBy Joe McDonald
Associated Press
Monday, June 11, 2007
http://news.yahoo.com/s/ap/20070611/ap_on_bi_ge/china_trade_surplus
BEIJING -- China's politically sensitive trade surplus soared in May to the third-highest monthly level on record, according to government figures released Monday, amid growing pressure from U.S. lawmakers for sanctions against Beijing.
James Turk: Will history repeat?
Submitted by cpowell on Mon, 2007-06-11 08:56 Section: Daily Dispatches8:55a ET Monday, June 11, 2007
Dear Friend of GATA and Gold:
Russian president criticizes the imperialism of the currencies
Submitted by cpowell on Mon, 2007-06-11 00:58 Section: Daily DispatchesPutin Wants New Economic 'Architecture'
By Andrew E. Kramer
The New York Times
via International Herald Tribune, Paris
Sunday, June 10, 2007
Peter Grandich: Gold's fundamentals will trump technicals
Submitted by cpowell on Sun, 2007-06-10 22:17 Section: Daily Dispatches10:15p Sunday, June 10, 2007
Dear Friend of GATA and Gold:
Gold isn't profitable anymore, Spanish economy minister says
Submitted by cpowell on Sat, 2007-06-09 18:09 Section: Daily Dispatches6p ET Saturday, June 9, 2007
Dear Friend of GATA and Gold:
Thanks so much to the friend who provided an English translation of the article from the Spanish Internet newspaper Libertad Digital, which was dispatched to you yesterday. The translation is appended.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
From Libertad Digital, Madrid
Spanish Internet newspaper cites GATA and John Embry
Submitted by cpowell on Fri, 2007-06-08 17:22 Section: Daily Dispatches5:20p ET Friday, June 8, 2007
Dear Friend of GATA and Gold:
John Embry: Gold's foes fighting losing battle
Submitted by cpowell on Thu, 2007-06-07 21:21 Section: Daily Dispatches9:16p ET Thursday, June 7, 2007
Dear Friend of GATA and Gold:
If the concentrated position had been short, would the LME have cared?
Submitted by cpowell on Thu, 2007-06-07 20:55 Section: Daily DispatchesLondon Metals Exchange
Intervenes in Nickel Market
By Chris Flood
Financial Times, London
Thursday, June 7, 2007
http://www.ft.com/cms/s/f645ff44-1528-11dc-b48a-000b5df10621.html
The London Metal Exchange has intervened in the nickel market amid suspected collusion at a time of soaring prices and critically low stock levels.
China may buy commodity giant Billiton, researcher says
Submitted by cpowell on Thu, 2007-06-07 11:52 Section: Daily DispatchesChina May Want BHP Billiton
By Mandi Zonneveldt
Herald Sun, Melbourne, Australia
Thursday, June 7, 2007
http://www.news.com.au/heraldsun/story/0,21985,21861872-664,00.html?from...
BHP Billiton could be in the sights of a new $237 billion Chinese state-owned investment fund, according to Bell Potter research chief Peter Quinton.
Spain says it dumped gold for more profitable bonds
Submitted by cpowell on Wed, 2007-06-06 13:15 Section: Daily DispatchesBy Jonathan House
Dow Jones Newswires
via FXStreet.com
Wednesday, June 6, 2007
http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=9f33774a-fd...
MADRID -- The Bank of Spain’s recent gold sales are part of a strategy to shift its reserves into more profitable fixed-income instruments, Spanish Finance Minister Pedro Solbes said Wednesday.