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Daily Dispatches
Iran takes step toward euro-based oil bourse but some are skeptical
Submitted by cpowell on Fri, 2006-05-05 03:00 Section: Daily DispatchesBy Jake Lee
The Standard, Hong Kong
Saturday, May 6, 2006
http://www.thestandard.com.hk/news_detail.asp?
pp_cat=5&art_id=18159&sid=7833061&con_type=1
The yuan may rally next week through eight to the US dollar,
according to forwards contracts in Hong Kong, a level unseen since
the Communist Party Central Committee first documented plans in 1993
Ben Bernanke, we''ll be watching you
Submitted by cpowell on Thu, 2006-05-04 03:00 Section: Daily Dispatches9:48p ET Wednesday, May 3, 2006
Dear Friend of GATA and Gold:
You have to love financial journalism like what
is appended here from the London Telegraph. To
raise the prospect of a crash in copper it
relies on an anonymous source whose personal
interest in the story cannot be evaluated and
so has to raise suspicion. Is the source
pursuing the public interest, or is he just
talking his book, trying to prompt the event
Wall Street helps you get out of the dollar as long as you don''t go to gold
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesFrom CBSMarketWatch
Tuesday, May 2, 2006
http://www.marketwatch.com/News/Story/Story.aspx?
dist=newsfinder&siteid=google&guid=%7BBF7E7601-7250-40A1-9A77-
905DFAB4A385%7D&keyword=
LONDON -- The higher-than-expected uptake of Barclays' silver
exchange traded fund during its first trading days is likely to make
the silver market "extremely tight" in the longer term, U.S.-based
Peter Grandich: Cartel of gold shorts is imploding
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesLatest Advice
On Wall Street:
Buy Currencies
As Dollar Weakens, Firms Launch
New Funds That Hold Euro, Yen,
But Risks, Expenses Can Be High
By Eleanor Laise
The Wall Street Journal
Wednesday, May 3, 2006
Wall Street is increasingly encouraging individual investors to bet
on foreign currencies, and money managers are rolling out a host of
new funds to allow them to do this.
With many strategists expecting the U.S. dollar to continue to
Silver ETF expected to reach 100 million ounces in first month
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesGold Futures Hit New 25-Year High
From CBSMarketWatch
Wednesday, May 3, 2006
http://www.marketwatch.com/News/Story/Story.aspx?
column=Metals+Stocks&siteid=mktw&dist=
NEW YORK -- Gold futures hit a new 25-year high on Wednesday with
dollar weakness, oil strength and ongoing concerns about the U.S.
and Iran boosting the metal.
Dollar still too strong, U.S. manufacturers say
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesFrom CBSMarketWatch
Wednesday, May 3, 2006
http://www.marketwatch.com/News/Story/Story.aspx?
dist=newsfinder&siteid=google&guid=%7B7EFDB805-78B5-4C60-B222-
60836A5FD0C2%7D&keyword=
LONDON -- Uptake of Barclays' silver exchange traded fund is
exceeding expectations and will likely reach and possibly exceed 100
million troy ounces within the first month, UBS said.
Leftist in Mexican presidential campaign falls behind in polls
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, May 3, 2006
http://news.yahoo.com/s/nm/20060503/bs_nm/economy_manufacturers_dollar
_dc_1
WASHINGTON -- A leading U.S. manufacturers' group said on Wednesday
the dollar is still overvalued by nearly 10 percent and that even a
fall of that magnitude would not be enough to bring global trade back
Bolivia''s VP quoted as giving assurance against nationalization of mining
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesBy Mark Stevenson
Associated Press
Wednesday, May 3, 2006
http://news.yahoo.com/s/ap/20060503/ap_on_re_la_am_ca/mexico_election
s
The leftist former front-runner in Mexico's presidential race is
watching his advantage crumble to the conservative ruling-party
candidate, raising doubts that Mexico will be the latest Latin
Peru aims to be No. 4 gold miner in ''short term''
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesApogee Minerals Ltd. Press Release
Wednesday, May 3, 2006
http://www.apogeeminerals.com/Default.aspx?SectionId=e1655d8c-6398-
4251-8ebc-d0c02928bacb&LanguageId=1&ItemId=4ffa9439-2f34-4826-8780-
00f1d4b1792d
TORONTO -- Apogee Minerals Ltd. (TSX Venture Exchange: APE) reports
that the vice president of the Republic of Bolivia, Alvaro Garcia
Is The Telegraph trying to crash the copper market?
Submitted by cpowell on Wed, 2006-05-03 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, May 3, 2006
http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?
storyID=urn:newsml:reuters.com:20060503:MTFH75583_2006-05-03_22-56-
47_N03449831&symbol=ABX.TO&rpc=44
LIMA, Peru -- Peru could soon edge out China to become the world's
No. 4 gold producing nation as new deposits become mines, the