You are here
Daily Dispatches
NYTimes notices market manipulation study -- seven months later
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily DispatchesBy Andy Mukherjee
Columnist
Bloomberg News Service
Monday, May 8, 2006
http://quote.bloomberg.com/apps/news?
pid=10000039&refer=columnist_mukherjee&sid=aVreBEdY.5cg
Li Yong, China's vice minister for finance, said he had heard
a "rumor" that the U.S. dollar was headed for a 25 percent drop. If
the gossip was true, the consequences would be "shocking," he said.
Murphy''s ''Midas'' commentary for May 6: ''They just don''t get it''
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches11:53p ET Monday, May 8, 2006
Dear Friend of GATA and Gold:
The story about market manipulation appended here,
from Sunday's New York Times, was brought to your
attention by GATA last November when the Chicago
Sun-Times reported it:
http://groups.yahoo.com/group/gata/message/3422
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
A reply to The New York Times: Pursue the market-rigging issue
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches12:05a ET Tuesday, May 7, 2006
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for
Monday, May 6, at LeMetropoleCafe.com has been
posted in the clear at GoldSeek and it's titled
"They Just Don't Get It."
Will they "get it" with gold $100 higher? Don't hold
your breath.
You can find the May 6 "Midas" here:
GoldSeek radio interviews Tan Range CEO and gold all-star Jim Sinclair
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily DispatchesTo the editor of The New York Times:
"Finding Gold (and New Friends) in Gold" by Landon Thomas in your
May 7 edition reminded me of the three monkeys who "hear no evil,
see no evil, and speak no evil."
How does this mainstream journalist conclude from his findings that
GATA Chairman Bill Murphy's accusation that New York-based Goldman
Sachs and J.P. Morgan Chase have manipulated the gold market is "far-
Gold rally similar yet ''more orderly'' than in 1980
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches12:23a ET Tuesday, May 9, 2006
Dear Friend of GATA and Gold:
GoldSeek Radio's Chris Waltzek has interviewed Tan
Range CEO and gold all-star Jim Sinclair, proprietor of
JSMineset.com, and you can listen to it via RealPlayer
here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
----------------------------------------------------
Yikes! China urged to quadruple gold reserves
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches"More orderly" because the central banks now
strategically dishoard enough gold to prevent
explosions -- as former Federal Reserve
Chairman Paul Volcker wrote in his memoirs
should have been done in the late 1970s?
* * *
Gold Rally Similar Yet 'More Orderly' Than in 1980
By Allen Sykora
Dow Jones Newswires
Tuesday, May 9, 2006
There are a number of similarities in the gold futures now compared
Ted Butler''s best yet: Buffett loses his silver
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily DispatchesFrom Reuters
Tuesday, May 9, 2006
http://asia.news.yahoo.com/060509/3/2kabr.html
BEIJING -- Some Chinese economists are urging Beijing to quadruple
its gold reserves to 2,500 tonnes from the current 600 tonnes
because the country foreign exchange reserves had become the world's
largest, an official industry newspaper reported on Tuesday.
Loonie only 9 cents away from parity with U.S. dollar
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches7:29p ET Tuesday, May 9, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler has written his best
column yet -- speculating that Warren Buffett lost his
silver playing derivatives games, analyzing Barrick
Gold's reduction of its hedge book, and raising the
possibility that the Comex is trying to run small
players out of the silver market before the explosion
comes. It's headlined "Buffett Loses His Silver" and
Jay Taylor tells a TV audience what''s really happening with gold
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily DispatchesFrom The Associated Press
Tuesday, May 9, 2006
http://news.moneycentral.msn.com/provider/providerarticle.asp?
feed=AP&Date=20060509&ID=5708194
TORONTO -- The Canadian dollar charged ahead more than 1 U.S. cent
Tuesday, reaching levels the "loonie" has not seen since January
1978.
The dollar closed up one cent to 90.87 U.S. cents and went as high
Gold market acts ''like someone big is trying to get in''
Submitted by cpowell on Tue, 2006-05-09 03:00 Section: Daily Dispatches9:42p ET Tuesday, May 9, 2006
Dear Friend of GATA and Gold:
For the most concise and insightful explanation
of what's really happening with gold and what may
happen, watch ROB-TV's interview today with Jay
Taylor, editor of J. Taylor's Gold and Technology
Stocks newsletter (www.miningstocks.com). Taylor
addresses the years of suppression of the gold
price by central bank dishoarding and the short