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Daily Dispatches
Russia cools to dollar as it invests stability fund
Submitted by cpowell on Thu, 2006-05-25 03:00 Section: Daily DispatchesBy Jeannine Aversa
Associated Press
Thursday, May 25, 2006
http://news.yahoo.com/s/ap/20060525/ap_on_go_ot/snow_treasury
Treasury Secretary John Snow has signaled to the White House that he
is ready to resign once President Bush has picked a successor,
administration officials and people close to Snow said Thursday.
Blanchard CEO Doyle sees gold at $800 this year, $1,000 in two years
Submitted by cpowell on Tue, 2006-05-23 03:00 Section: Daily DispatchesFrom RIA Novosti News Agency
Monday, May 22, 2006
http://en.rian.ru/russia/20060522/48434383.html
MOSCOW -- The Russian Trading System, Russia's premier stock market,
announced Monday that it would start trading in gold, oil, and oil
products on June 8.
The announcement comes in the wake of President Vladimir Putin's
state of the nation address May 10, when he said Russia, as a
Investment Rarities'' Jim Cook interviews Ted Butler: ''Load the boat with silver''
Submitted by cpowell on Tue, 2006-05-23 03:00 Section: Daily DispatchesBy Zach Howard
Reuters
Tuesday, May 23, 2006
NEW YORK -- New Orleans coin and bullion dealer Blanchard & Co.
expects the price of gold to surpass $800 an ounce this year and
$1,000 in the next two years, driven by strong investment demand,
less producer hedging, and fewer central bank gold sales.
The top executive at Blanchard, the largest U.S. retailer of gold
and rare coins, said on Tuesday gold could experience seasonal
Peter Brimelow: Gold bugs take note of retreat but not panicking yet
Submitted by cpowell on Mon, 2006-05-22 03:00 Section: Daily Dispatches10:35a ET Sunday, May 21, 2006
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, is not
discouraged by last week's decline in the precious metals.
Having gotten out his charts, Turk writes:
"The bull market in the precious metals has not ended.
Gold simply took a breather when it touched resistance at
China should put more foreign exchange into gold, official paper says
Submitted by cpowell on Mon, 2006-05-22 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, May 22, 2006
NEW YORK -- This week's gold question: Is it a bull
Russian exchange starts trading oil and gold in rubles next month
Submitted by cpowell on Mon, 2006-05-22 03:00 Section: Daily DispatchesFrom Reuters
Monday, May 22, 2006
http://asia.news.yahoo.com/060522/3/2kvnn.html
BEIJING -- China should buy more gold with its foreign exchange
reserves, an official newspaper said in a commentary on Monday.
The China Securities Journal said gold accounted for only 1.3
percent of China's foreign currency reserves, which hit a world
James Turk: Will $715 be a difficult hurdle for gold?
Submitted by cpowell on Sun, 2006-05-21 03:00 Section: Daily DispatchesBenchmark Files for Gold Exchange-Traded Fund
Financial Express, Mumbai
Friday, May 19, 2006
http://www.financialexpress.com/fe_full_story.php?content_id=127740
MUMBAI -- Benchmark Mutual has filed papers for India's first gold
exchange traded fund with the Securities and Exchange Board of India
(Sebi), as per information on the regulator's Web site on Friday.
India''s first gold EFT has a 7% service charge
Submitted by cpowell on Sat, 2006-05-20 03:00 Section: Daily DispatchesIn Gold We Trust
By David Ranson and Penny Russell
The Wall Street Journal
Thursday, May 18, 2006
Widespread fear of another global energy crisis is rife, especially
in light of the confrontation with Iran. But the second of Murphy's
Laws cautions that what actually goes wrong is seldom what we
anticipate. While the markets are clearly indicating something
ominous, the current situation is mischaracterized as an energy
Peter Grandich: What a difference a week makes!
Submitted by cpowell on Fri, 2006-05-19 03:00 Section: Daily Dispatches1:10a ST Friday, May 19, 2006
Dear Friend of GATA and Gold:
Silver market analyst Jason Hommel offers a great tonic
against despair for gold and silver -- his new essay
titled "Corrections." Hold on to your metal, he writes,
and know that you're going to win. You can find his
essay at GoldSeek's companion site, SilverSeek, here:
Corrected link to John Lee''s Gold Insider letter about Peru
Submitted by cpowell on Fri, 2006-05-19 03:00 Section: Daily Dispatches9:28p ET Friday, May 19, 2006
Dear Friend of GATA and Gold:
Peter Grandich's latest investment letter has been
posted in the clear at GoldSeek. He thinks the
recent decline in gold and silver is mostly done
with and he has some nice things to say about
GATA Chairman Bill Murphy. You can find the
Grandich Letter here: