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Daily Dispatches
There's a lot of money floating around with nothing to do
Submitted by cpowell on Sat, 2007-05-12 18:41 Section: Daily DispatchesIf its owners had any sense, they'd buy something real, shiny, and yellow.
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Wall of Money Chasing Exotic Hedge Funds
By James Mackintosh
Financial Times, London
Saturday, May 12, 2007
http://www.ft.com/cms/s/fd330478-0024-11dc-8c98-000b5df10621.html
Disinformation about gold from The Globe and Mail
Submitted by cpowell on Sat, 2007-05-12 09:18 Section: Daily Dispatches9:15a ET Saturday, May 12, 2007
Dear Friend of GATA and Gold:
Toronto's Globe and Mail today provides an example of the worst of journalism -- a story full of attitudinizing mockery that contains hints of its own contradiction but carefully avoids pursuing them or even allowing its targets to speak for themselves, concluding with an anonymous attack.
Business News Network interviews Peter Grandich
Submitted by cpowell on Sat, 2007-05-12 08:29 Section: Daily Dispatches8:25a ET Saturday, May 12, 2007
Dear Friend of GATA and Gold:
Blanchard research note: Spain is latest to try to clobber gold
Submitted by cpowell on Fri, 2007-05-11 11:05 Section: Daily Dispatches11a ET Friday, May 11, 2007
Dear Friend of GATA and Gold:
Today's research note from Neal Ryan of Blanchard & Co. reports a huge sale of gold by Spain's central bank, more evidence of the intensifying struggle of the central banks to suppress gold at this particular time. You can find the Blanchard research note at GoldSeek here:
Foreign bondholders seen undeterred by weak dollar
Submitted by cpowell on Fri, 2007-05-11 09:28 Section: Daily DispatchesBy Lucia Mutikani
Reuters
Friday, May 11, 2007
http://www.reuters.com/article/reutersEdge/idUSN1046448720070511?src=051...
NEW YORK -- Foreign appetite for U.S. Treasuries is unlikely to wane despite the dollar's slump, thanks to China's slow pace of currency reforms and a large pool of petrodollars that need to be recycled.
China will diversify mainly with new dollars, not old ones
Submitted by cpowell on Fri, 2007-05-11 01:13 Section: Daily DispatchesFrom China Daily, Beijing
via Xinhuanet.com
Friday, May 11, 2007
http://news.xinhuanet.com/english/2007-05/11/content_6083732.htm
BEIJING -- The central bank said yesterday that the country will not sell large amounts of U.S. dollar-denominated assets to diversify its foreign exchange reserves.
CMRE audience wonders why gold falls hard on bad news for dollar
Submitted by cpowell on Fri, 2007-05-11 00:21 Section: Daily Dispatches12:14a ET Friday, May 11, 2007
Dear Friend of GATA and Gold:
With copper coin, Liberty Dollar defies U.S. Mint's threat
Submitted by cpowell on Wed, 2007-05-09 20:36 Section: Daily DispatchesCompany Press Release
via PRNewswire
and Yahoo News
Tuesday, May 8, 2007
http://biz.yahoo.com/prnews/070508/cltu104.html?.v=24
EVANSVILLE, Indiana -- Liberty Dollar announced today that it has issued a new $1 Copper Liberty that defies the U.S. Mint's previous warning that only the use, not possession, of the new currency was illegal.
Ted Butler: A clear parallel
Submitted by cpowell on Tue, 2007-05-08 16:32 Section: Daily Dispatches4:25p ET Tuesday, May 8, 2007
Dear Friend of GATA and Gold:
Ecuador won't renew U.S. investment deal
Submitted by cpowell on Mon, 2007-05-07 22:37 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Monday, May 7, 2007
http://news.yahoo.com/s/ap/20070507/ap_on_re_la_am_ca/ecuador_us;_ylt=Aq...
QUITO, Ecuador -- Ecuador's new leftist president has decided not to renew a bilateral investment treaty with the United States, the country's foreign minister said Monday, just days before a senior U.S. official is due to visit.