You are here
Daily Dispatches
If something is missing from your house, it may have been monetized
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily Dispatches9:11p ET Tuesday, April 25, 2006
Dear Friend of GATA and Gold:
Resource Investor and Reuters are reporting tonight that
final approval and launch of the Barclays silver exchange-
traded fund are imminent. The Reuters story is appended.
Resource Investor says that to back the fund, Barclays
has deposited 1.5 million ounces of silver with none
other than J.P. MorganChase Bank in London -- which
Qatar''s central bank diversifying out of dollars and into euros
Submitted by cpowell on Mon, 2006-04-24 03:00 Section: Daily Dispatches8:53a ET Sunday, April 23, 2006
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, advises
that gold has broken out to all-time highs against the
Australian dollar, South African rand, Indian rupee, and
Chinese yuan. Meanwhile, Turk writes, the U.S. dollar is
looking ready to head lower, which likely would provide
India''s gold exchange-traded funds may hold only futures contracts, not metal
Submitted by cpowell on Mon, 2006-04-24 03:00 Section: Daily DispatchesFrom AMEInfo, Dubai
Monday, April 24, 2006
http://www.ameinfo.com/83944.html
The Qatar Central Bank is exchanging dollars for euros on global
capital markets and could raise the percentage of its foreign
exchange reserves held in euros to 40 percent, a Qatar Central Bank
official told Dow Jones Newswires.
The news comes as many Gulf Cooperation Council countries are
Penny''s melt value reaches 0.8 cents, production cost 1.4 cents
Submitted by cpowell on Sun, 2006-04-23 03:00 Section: Daily DispatchesFrom The Telegraph, Calcutta
Sunday, April 23, 2006
http://www.telegraphindia.com/1060423/asp/business/story_6133967.asp
MUMBAI -- Investors can now lap up as much gold as they like, be in
the form of physical gold or units in a gold exchange-traded fund.
The Securities and Exchange Board of India (Sebi) had allowed mutual
More recognition of GATA supporter Frank Holmes of U.S. Global Investors
Submitted by cpowell on Sun, 2006-04-23 03:00 Section: Daily DispatchesA Penny for Your Thoughts,
and 1.4 Cents for a Penny
By Floyd Norris
The New York Times
Sunday, April 23, 2006
http://www.nytimes.com/2006/04/22/business/22charts.html?
_r=1&oref=slogin
What happens if a penny is worth more than 1 cent?
That is an issue the United States Mint could soon face if the price
of metals keeps rising. Already it costs the mint well more than a
James Turk: More new highs for gold around the world
Submitted by cpowell on Sun, 2006-04-23 03:00 Section: Daily DispatchesA Strategy to Win With Gold;
Metals Fund Has Focused on Canada, Risen 46.5% in 2006
By Sree Vidya Bhaktavatsalam
Bloomberg News Service
via The Washington Post
Sunday, April 23, 2006
http://www.washingtonpost.com/wp-
dyn/content/article/2006/04/22/AR2006042200135.html
Frank Holmes, manager of the best-performing U.S. metals mutual fund
Barclays pledges to continue silver fund despite price plunge
Submitted by cpowell on Sat, 2006-04-22 03:00 Section: Daily DispatchesBy Kevin Plumberg
Reuters
Friday, April 21, 2006
http://today.reuters.com/investing/financeArticle.aspx?
type=bondsNews&storyID=2006-04-
21T180323Z_01_N21256689_RTRIDST_0_ECONOMY-RUSSIA-DOLLAR-UPDATE-2.XML
WASHINGTON -- Russian Finance Minister Alexei Kudrin on Friday
questioned the dollar's pre-eminence as the world's "absolute"
Dollar may feel sting after G7 complains about China
Submitted by cpowell on Sat, 2006-04-22 03:00 Section: Daily DispatchesBy Richard Irving
The Times, London
Saturday, April 22, 2006
http://business.timesonline.co.uk/article/0,,9072-2146207,00.html
Barclays Global Investors (BGI), the British investment firm,
insisted yesterday that it would go ahead with a new fund targeting
US speculators in the $60 billion (34 billion) a day silver market,
Who elected those bankers to run the world?
Submitted by cpowell on Sat, 2006-04-22 03:00 Section: Daily DispatchesBy Kevin Plumberg
Reuters
Saturday, April 22, 2006
http://za.today.reuters.com/news/newsArticle.aspx?
type=businessNews&storyID=2006-04-
22T082045Z_01_ALL229960_RTRIDST_0_OZABS-GROUP-FOREX-20060422.XML
WASHINGTON -- The overall message that markets will take away from
finance officials from the Group of Seven rich nations who met on
Iran reports uranium enrichment deal with Russia
Submitted by cpowell on Sat, 2006-04-22 03:00 Section: Daily Dispatches10:24a ET Saturday, April 22, 2006
Dear Friend of GATA and Gold:
The Reuters story appended here is 24 hours out of
date but is notable for showing how both the central
bankers and the news media take for granted the
rigging of currency markets -- indeed, how their
very premise is that currency markets should be
rigged, that central banks should work together but
largely surreptitiously to set all international