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Daily Dispatches
Gold''s rising price pushes Hong Kong jewellery makers to silver
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesFrom AFX News
via Forbes.com
Thursday, April 27, 2006
http://www.forbes.com/business/feeds/afx/2006/04/27/afx2701304.html
BEIJING -- China's growing foreign exchange reserves, which are
likely to hit $1 trillion this year, face huge risks from a possible
US dollar decline and China has to take urgent measures, a Chinese
Barclays silver ETF begins trading Friday
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesFrom Reuters
Thursday, April 27, 2006
http://asia.news.yahoo.com/060427/3/2jpvp.html
HONG KONG -- Jewellery makers in Hong Kong, a leading world
supplier, are switching to silver because they cannot predict how
high gold prices will go, industry officials said on Thursday. Gold
touched a 25-year high last week, driven by high oil prices,
Richard Appel: Short squeeze in gold, silver, and copper
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesBy The Associated Press
Thursday, April 27, 2006
http://news.yahoo.com/s/ap/20060427/ap_on_bi_ge/silver_etf_1
The Securities and Exchange Commission on Thursday approved the
registration for Barclays Global Investors' planned silver exchange-
traded fund -- the first such fund to track silver.
SEC spokesman John Heine said the statement has been "declared
Dollar drops as Fed chairman suggests interest rate hikes may end
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily Dispatches5:41p ET Thursday, April 27, 2006
Dear Friend of GATA and Gold:
In an essay at GoldSeek adapted from his newsletter,
Financial Insights, our friend Richard Appel discusses
the short positions in the precious metals and copper,
concurring in what GATA Chairman Bill Murphy has been
writing over at LeMetropoleCafe.com. Appel's essay is
titled "Short Squeeze" and you can find it here:
To bring the dollar down a little, let Russia and Iran price oil in euros
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesBy Kevin Plumberg
Reuters
Thursday, April 27, 2006
http://today.reuters.co.uk/investing/financeArticle.aspx?
type=usDollarRpt&storyID=2006-04-
27T202853Z_01_N27449559_RTRIDST_0_MARKETS-FOREX-UPDATE-13.XML
NEW YORK -- The dollar tumbled to a seven-month low against a basket
of major currencies on Thursday after Federal Reserve chief Ben
Iran will launch oil exchange next week, oil minister says
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesThe Threat to a Fistful of Petrodollars
By Liam Halligan
The Telegraph, London
Sunday, April 23, 2006
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/04/23/ccliam23.xml
From Russia, you might say, with love. This weekend, Alexei Kudrin,
Russia's finance minister, dropped a bombshell in Washington.
Attending the annual meetings of the World Bank and International
If Dow triples, gold may rise tenfold, Marc Faber says
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily DispatchesComing soon: Funds for trading in gold;
Firms gear up for funds that will invest
in gold exchanges within two months
By Anand Birai
Mumbai Mirror
Tuesday, April 25, 2006
http://www.mumbaimirror.com/nmirror/mmpaper.asp?
sectid=13&articleid=42420062234418742420062233531
MUMBAI -- If you love to invest in gold, then you will soon be able
Geneva conference to examine central bank suppression of gold
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily DispatchesBy James Poole and Mike Firn
Bloomberg News Service
Tuesday, April 25, 2006
http://www.bloomberg.com/apps/news?pid=10000081&sid=aUeDGtHNebpI
Marc Faber, who told investors to bail out of U.S. stocks a week
before the 1987 Black Monday crash and began recommending
commodities at the end of 2001, said gold may rise 10-fold in the
Ted Butler: A long time coming
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily Dispatches1:43a ET Tuesday, April 25, 2006
Dear Friend of GATA and Gold:
The suppression of the gold price by central banks
will be among the topics at the Academy & Finance
conference on gold investing at the Forum Geneva
in Geneva, Switzerland, on Thursday, May 18.
Speakers will include GATA consultant Frank Veneroso
of Veneroso Associates; financial commentators Doug
Casey and Paul van Eeden; Tocqueville gold fund
Silver ETF launch reported imminent but MorganChase is custodian
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily Dispatches8:47p ET Tuesday, April 25, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler takes a look at the
recent shakeout in silver and senses that it's
probably over and that the dealers will be reluctant
to short the next rally. His essay is titled "A Long
Time Coming" and you can find it at GoldSeek's
companion site, SilverSeek, here: