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Daily Dispatches
Chinese govt. economist includes gold in plan to slow rise in FX reserves
Submitted by cpowell on Mon, 2006-04-10 03:00 Section: Daily DispatchesBy George Parker
Financial Times, London
Sunday, April 9, 2006
http://news.ft.com/cms/s/66c09a88-c802-11da-a377-0000779e2340.html
VIENNA -- Europe's financial regulators have held a "war game"
exercise, simulating a continent-wide financial crisis, amid fears
they are ill- prepared to stop a problem in one country spreading
GATA chairman and friends of GATA to speak at Calgary conference
Submitted by cpowell on Mon, 2006-04-10 03:00 Section: Daily DispatchesFrom Reuters
Monday, April 10, 2006
http://today.reuters.com/investing/financeArticle.aspx?
type=bondsNews&storyID=2006-04-
10T071842Z_01_PEK333879_RTRIDST_0_ECONOMY-CHINA-RESERVES-UPDATE-2.XML
BEIJING -- China should push yuan reforms, let firms hold more
foreign currency, and raise gold reserves to help slow the rise in
AU Capital Letter: U.S. economic data is even more misleading than you think
Submitted by cpowell on Sat, 2006-04-08 03:00 Section: Daily Dispatches9:10p ET Thursday, April 6, 2006
Dear Friend of GATA and Gold:
GATA's great friend Jay Taylor, editor of J Taylor's
Gold and Technology Stocks newsletter -- probably
the most prolific metals-sector letter editor --
went on ROB-TV in Canada today to be interviewed by
Pat Bolland on "The Trading Desk." Taylor spoke at
length about central bank dishoarding of gold
reserves and the short position in gold. He also
Another Newmont shareholder joins the Fellerman appeal
Submitted by cpowell on Sat, 2006-04-08 03:00 Section: Daily Dispatches11:47a ET Saturday, April 8, 2006
Dear Friend of GATA and Gold:
Our friend Dan Tessler of AU Capital in Bethesda, Maryland,
shares this excerpt from the firm's client letter.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
No influence in world finance is more corrosive or less recognized
than the systematic distortion of US economic reality by government
Correcting Internet link to Jay Taylor interview on ROB-TV
Submitted by cpowell on Sat, 2006-04-08 03:00 Section: Daily DispatchesApril 7, 2006
Wayne Murdy, CEO
Newmont Mining Corp.
1700 Lincoln St.
Denver, Colorado 80203
Dear Mr. Murdy:
I suspect that by now you've either read or been briefed on a recent
letter from Henry Fellerman, who wrote to you about his desire for
Newmont to support its shareholders by taking a more assertive stand
in defense of a truly free market for gold. My purpose in writing is
simply to affirm Fellerman's position and let you know that other
Henry Fellerman: An open letter (and a warning) to Newmont Mining
Submitted by cpowell on Thu, 2006-04-06 03:00 Section: Daily Dispatches10:46p ET Wednesday, April 5, 2006
Dear Friend of GATA and Gold:
Our hero John Embry, chief investment strategist for
Sprott Asset Management in Toronto, says silver's
prospects may be even better than gold's. He also
remarks on the continuing but doomed efforts of the
central banks to suppress the prices of the precious
metals. Embry's observations come in a new essay
written for Investor's Digest, which has been posted
Jay Taylor tells ROB-TV about the short position in gold
Submitted by cpowell on Thu, 2006-04-06 03:00 Section: Daily DispatchesMarch 31, 2006
Wayne Murdy, Chief Executive Officer
Newmont Mining Corp.
1700 Lincoln St.
Denver, Colorado 80203
Dear Wayne:
I've written Newmont CEOs over the last five years about my
concerns that the gold market is rigged by the U.S. and other
governments working through the big Wall Street bullion banks
(Goldman Sachs and JP Morgan). Most of us shareholders hold Newmont
in hopes of making money from an increase in the share price.
Ted Butler: The learning curve
Submitted by cpowell on Wed, 2006-04-05 03:00 Section: Daily DispatchesBy John Spence
CBSMarketWatch
Tuesday, April 4, 2006
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B93A43D8B%
2DC95D%2D46E3%2DB098%2D843BD6D55D61%7D&siteid=mkwt
BOSTON -- A highly anticipated exchange-traded fund tracking silver
prices may usher in a correction from multidecade commodity highs if
John Embry: Demand for silver will give you better bang for your buck
Submitted by cpowell on Wed, 2006-04-05 03:00 Section: Daily Dispatches10:35p ET Wednesday, April 5, 2006
Dear Friend of GATA and Gold:
In commentary posted today at SilverSeek, the
companion site to GoldSeek, silver market analyst
Ted Butler criticizes what is passing for expertise
in the market and analyzes the worsening hedge
books of Barrick Gold and Apex Silver. You can
find Butler's latest, "The Learning Curve," here:
Chinese legislative leader urges end to buying of U.S. bonds
Submitted by cpowell on Tue, 2006-04-04 03:00 Section: Daily Dispatches8p ET Monday, April 3, 2006
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money report,
offers reflections on the end of M3 at Kitco here:
http://www.kitco.com/commentary/turk.htm
... and on the end of his "Fear Index," which was
based in part on M3. You can find the latter