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Daily Dispatches
Chinese economist urges purchase of physical gold for safety
Submitted by cpowell on Fri, 2006-03-03 03:00 Section: Daily DispatchesChina Keen to Set Up First Gold Investment Fund
From Reuters
Friday, March 3, 2006
a href=http://asia.news.yahoo.com/060303/3/2grsg.htmlhttp://asia.news.yahoo.com...
SHENZHEN, China -- China is keen to set up its first gold fund to
meet increasing demand from Chinese investors, but industry sources
and analysts say that may take several years as the industry is
Tocom joins Comex in concealing identities of market riggers
Submitted by cpowell on Fri, 2006-03-03 03:00 Section: Daily DispatchesTokyo Commodity Exchange to offer investors greater anonymity
From Reuters
via Business Times, Kuala Lumpur, Malaysia
Saturday, March 4, 2006
a href=http://www.btimes.com.my/Current_News/BT/Saturday/Corporate/BT554630.htt...
txt/Article/
TOKYO, March 3 -- The Tokyo Commodity Exchange (Tocom) hopes to
attract more foreigners and a wider range of investors, including
Gartman ''couldn''t care less'' if gold price is manipulated
Submitted by cpowell on Wed, 2006-03-01 03:00 Section: Daily DispatchesGold Bugs vs. Gartman
By John Partridge
Globe and Mail, Toronto
Wednesday evening, March 1, 2006
a href=http://www.theglobeandmail.com/servlet/story/RTGAM.20060301.wdebate03htt...
01/BNStory/Business/home
They agreed that the price of gold will continue to rise.
But as for how far, how fast and why, forget it.
ROB-TV''s ''great gold debate'' yields only support for gold
Submitted by cpowell on Wed, 2006-03-01 03:00 Section: Daily Dispatches11:25p ET Wednesday, March 1, 2006
Dear Friend of GATA and Gold:
Canada's ROB-TV billed it as quot;the great gold debate,quot;
and it WAS fascinating, but Dennis Gartman of The
Gartman Letter didn't seem to want to engage in much
disputation today with gold partisans John Embry of
Sprott Asset Management and the debate's surprise
guest, GATA Chairman Bill Murphy. Indeed, Gartman
cordially agreed with Embry and Murphy more than he
Coming soon, a backup bank for the Treasury market
Submitted by cpowell on Tue, 2006-02-28 03:00 Section: Daily Dispatches5:07p ET Monday, February 27, 2006
Dear Friend of GATA and Gold:
Report on Business Television in Canada will broadcast
something of a debate between Sprott Asset
Management's chief investment strategist, John Embry,
and Dennis Gartman of The Gartman Letter on "Market
Call with Jim O'Connell" at 12:30p ET this Wednesday,
March 1.
Embry maintains that Western central banks have been
Ted Butler: Barrick''s quarterly hedge book loss far exceeded quarterly profit
Submitted by cpowell on Tue, 2006-02-28 03:00 Section: Daily DispatchesBy Eric Dash
The New York Times
Tuesday, February 28, 2006
http://www.nytimes.com/2006/02/28/business/28bank.html
A bank created to provide emergency backup for the Treasury market
will be ready to operate in the next 18 months, a bond industry
group is set to announce today.
The so-called NewBank exists largely on paper, but like a superhero
Bank of China will let investors trade dollars directly for gold
Submitted by cpowell on Tue, 2006-02-28 03:00 Section: Daily Dispatches10:55p ET Tuesday, February 28, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler new essay,
"Confirmation," dredges Barrick Gold's latest
financial report and hauls up the hedge book
loss data that wasn't publicized in the
company's press release and news service
reports. Butler finds that Barrick's quarterly
profit of $175 million was only about a third
of the quarterly loss on its hedge book,
China discusses bloat in its U.S. dollar reserves
Submitted by cpowell on Mon, 2006-02-27 03:00 Section: Daily DispatchesBy Keith Bradsher
The New York Times
Sunday, February 26, 2006
http://www.nytimes.com/2006/02/26/weekinreview/26bradsher.html?
_r=1&pagewanted=all&oref=slogin
HONG KONG -- China has such a huge stash of other countries' money
that it could, in theory, hand out bonuses equaling half a year's
wages to all 770 million of its famously low-paid workers.
John Embry to debate Dennis Gartman on ROB-TV Wednesday
Submitted by cpowell on Mon, 2006-02-27 03:00 Section: Daily DispatchesChinese economist: Cut dollar share of forex reserves
From Reuters
via China Daily, Beijing
Monday, February 27, 2006
http://www.chinadaily.com.cn/english/doc/2006-
02/27/content_524420.htm
China should reduce the dollar share of its foreign exchange
reserves because of the risks posed by the instability of the U.S.
currency, influential economics professor Xiao Zhuoji said in an
From the Silk Road to the superhighway, all coin leads to China
Submitted by cpowell on Sun, 2006-02-26 03:00 Section: Daily Dispatches6:19p ET Friday, February 24, 2006
Dear Friend of GATA and Gold:
Silver market analyst Jason Hommel, editor of Silver
Stock Report, has written a comprehensive analysis
of the prospects for an exchange-traded fund in
silver, and it has been posted at SilverSeek, the
companion Internet site of GoldSeek. It's titled
"The Silver ETF: What's the Deal?," and you can
find it here: