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Daily Dispatches
Dodging debt limit, Treasury borrows $15 billion from currency-rigging fund
Submitted by cpowell on Mon, 2006-03-06 03:00 Section: Daily DispatchesTreasury Department Moves to Avoid Debt Limit
By Martin Crutsinger
The Associated Press
via The Washington Post
Monday, March 6, 2006
a href=http://www.washingtonpost.com/wp-http://www.washingtonpost.com/wp-/a
dyn/content/article/2006/03/06/AR2006030600635_pf.html
WASHINGTON -- Treasury Secretary John Snow notified Congress on
Monday that the administration has now taken quot;all prudent and legal
Mexican Congress'' book on remonetizing silver cites GATA''s endorsement
Submitted by cpowell on Mon, 2006-03-06 03:00 Section: Daily Dispatches8:08p ET Monday, March 6, 2006
Dear Friend of GATA and Gold:
GATA has received an encouraging dispatch
from our dear and heroic friend Hugo Salinas
Price, president of the Mexican Civic
Association for Silver and leader of the
silver cause in Mexico. Or maybe it would be
better to describe him as leader of the
Mexican independence movement. His dispatch
is appended.
CHRIS POWELL, Secretary/Treasurer
London silver-tracking fund will be just paper with no metal behind it
Submitted by cpowell on Mon, 2006-03-06 03:00 Section: Daily DispatchesFrom Beijing Time
via China View and Xinhuanet
Wednesday, March 1, 2006
http://news.xinhuanet.com/english/2006-03/01/content_4241902.htm
BEIJING -- TheBank of China, the country's biggest foreign currency
lender, plans to allow investors to buy and sell gold using their US
dollar accounts in a move to boost sales of the precious metal.
Gold may reach $2,000 by 2010, U.S. Gold''s McEwen says
Submitted by cpowell on Mon, 2006-03-06 03:00 Section: Daily DispatchesLSE to Launch Silver Tracker Fund
By Kevin Morrison
Financial Times, London
Monday, March 6, 2006
http://news.yahoo.com/s/ft/20060306/bs_ft/fto030620061303469696;_ylt=
AjchAMtksnDWwIxs_z_IjySs0NUE;_ylu=X3oDMTA3bGI2aDNqBHNlYwM3NDk
A silver price tracker fund, also known as an exchange-traded fund,
is expected to be launched on the London Stock Exchange within the
Tom Szabo: Silver ETF ironies
Submitted by cpowell on Sun, 2006-03-05 03:00 Section: Daily Dispatches1:58a ET Sunday, March 5, 3006
Dear Friend of GATA and Gold:
Resource Investor has posted a long analysis of the
prospects for and likely impact of an exchange-traded
fund in silver, written by Tom Szabo of an Internet
site GATA has not yet followed, SilverAxis.com. It's
titled quot;Silver ETF Ironiesquot; and predicts that the U.S.
Securities and Exchange Commission will decide that
China says it won''t cut dollar holdings -- but will it stop adding to them?
Submitted by cpowell on Sun, 2006-03-05 03:00 Section: Daily DispatchesFrom Reuters
Saturday, March 4, 2006
a href=http://today.reuters.com/news/articlenews.aspx?http://today.reuters.com/...
type=businessNewsamp;storyid=2006-03-
05T022821Z_01_PEK272629_RTRUKOC_0_US-FINANCIAL-CHINA-RESERVES.xml
BEIJING -- China will not reduce its holdings of dollar-denominated
assets in its foreign exchange reserves, central bank chief Zhou
Xiaochuan said on Sunday.
Bloomberg''s weekly gold market survey quotes GATA consultant Turk
Submitted by cpowell on Sun, 2006-03-05 03:00 Section: Daily DispatchesGold May Rise on China Purchases,
Investor Demand, Survey Shows
By Claudia Carpenter
Bloomberg News Service
Monday, March 6, 2006
a href=http://www.bloomberg.com/apps/news?http://www.bloomberg.com/apps/news?/a
pid=10001013amp;sid=adq_36emEHcQamp;refer=commodity_futures
Gold may rise for a third straight week and approach a 25-year high
on speculation investors in China will increase purchases, a
Happy birthday, John Embry, and thanks for everything
Submitted by cpowell on Sat, 2006-03-04 03:00 Section: Daily Dispatches1:10a ET Saturday, March 4, 2006
Dear Friend of GATA and Gold:
Friday night's party in Toronto for Sprott Asset Management's
chief investment strategist, John Embry, was supposed to
honor him upon his 65th birthday for his long career in the
investment business. But he used it to salute the Gold
Anti-Trust Action Committee and those of its principals who
were on hand and to remark that his work with GATA has
Market is prospecting for more gold mergers
Submitted by cpowell on Sat, 2006-03-04 03:00 Section: Daily DispatchesBy Rachelle Younglai
Reuters
Saturday, March 4, 2006
a href=http://ca.today.reuters.com/news/newsArticle.aspx?http://ca.today.reuter...
type=businessNewsamp;storyID=2006-03-
04T133808Z_01_N03540782_RTRIDST_0_BUSINESS-COLUMN-CANADA-MARKETS-
COL.XML
TORONTO -- Glamis Gold Ltd.'s recent bid for Western Silver is just
one more sign that the Canadian gold industry is consolidating and
Resource Investor quotes Hommel and Morgan on spike in silver price
Submitted by cpowell on Fri, 2006-03-03 03:00 Section: Daily Dispatches12:35a ET Friday, March 3, 2006
Dear Friend of GATA and Gold:
Resource Investor has some quick analysis of Thursday's
spike upward in the price of silver. It quotes two of GATA's
good friends, silver market analysts Jason Hommel and
David Morgan. You can find it here:
a href=http://www.resourceinvestor.com/pebble.asp?relid=17566http://www.resourc...