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Daily Dispatches
James Turk: Hold gold, not the Dow
Submitted by cpowell on Tue, 2006-05-16 03:00 Section: Daily DispatchesBy Alison Fitzgerald
Bloomberg News Service
Monday, May 15, 2006
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=a6jopiL.4IYY&refer=home
WASHINGTON -- International investors slowed purchases of U.S.
securities in March as foreign central banks were net sellers of
Treasury notes for the first time in six months.
Net holdings of Treasury notes, corporate bonds, stocks and other
Peter Brimelow: Gold grinds in
Submitted by cpowell on Mon, 2006-05-15 03:00 Section: Daily DispatchesBy Heather Stewart
The Observer, London
Sunday, May 14, 2006
http://observer.guardian.co.uk/business/story/0,,1774162,00.html
The International Monetary Fund is in behind-the-scenes talks with
the US, China and other major powers to arrange a series of top-
level meetings about tackling imbalances in the global economy, as
Foreign governments sell U.S. bonds as Caribbean ''banks'' buy
Submitted by cpowell on Mon, 2006-05-15 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, May 15, 2006
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B41604753%
2D25CC%2D45E0%2D956C%2DF51CE72E052D%7D&siteid=mktw&dist=
NEW YORK -- Another week, another gold column ...with the same
message: it's a bull market.
On May 8, I noted the previous Friday's close was some $30 above the
Kuwait revalues currency; other Gulf countries may follow
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily Dispatches10:20p ET Saturday, May 13, 2006
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold & Money
Report (www.fgmr.com), founder of GoldMoney,
co-author of "The Coming Collapse of the Dollar,"
and consultant to GATA, has given a wonderful
Internet radio interview to Tom Jeffries of
GoldRadioFM and HoweStreet.com. It credits GATA's
Gold Rush 21 conference for hastening the rise in
St. Louis business columnist quotes GATA board member Wistar Holt
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily DispatchesFrom Reuters
via Gulf Times, Doha, Qatar
Friday, May 12, 2006
http://www.gulf-times.com/site/topics/article.asp?
cu_no=2&item_no=86033&version=1&template_id=48&parent_id=28
Kuwait revalued the dinar for the first time in 17 months on
Thursday, sparking a rally in regional currencies and intense market
speculation that Saudi Arabia, the world's top oil exporter, would
Julian Phillips: A ''spike'' or something else?
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily DispatchesIn the Face of Inflation,
Gold is a 24-Karat Bet
By David Nicklaus
St. Louis Post-Dispatch
Sunday, May 14, 2006
http://www.stltoday.com/stltoday/business/columnists.nsf/davidnicklau
s/story/8E4BBBF316D308268625716D000B2F5A?OpenDocument
The price of gold has risen $100 in a month and $300 in a year, but
Central bankers are backing ''Plaza lite'' to devalue U.S. dollar
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily Dispatches12:24p ET Sunday, May 14, 2006
Dear Friend of GATA and Gold:
Julian D.W. Phillips, editor of Gold Forecaster,
argues that the current rise in the gold price
is structurally different from the rise at the
end of the 1970s and thus is sustainable. His
latest essay is titled "A 'Spike' or Something
Else?" and you can find it at GoldSeek here:
Grandich expects short 10-15% dive in gold, then up again
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Sunday, May 14, 2006
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/05/14/ccliam14.xml
On Friday the dollar plunged to a 12-month low. With sterling close
to $1.90 and further dollar falls likely, we could soon see a $2
pound.
Good news, then, if you have booked a holiday in America. But that
Goodbye, ''strong dollar policy'' -- traders say U.S. is happy to see it fall
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily DispatchesUnsustainable Gold on Brink of Crash,
US Metals Guru Peter Grandich Says
By Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 15, 2006
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/05/15/cngold15.xml
An American metals guru has warned that gold could crash within
hours or days after a speculative "blowoff" last week to a 26-year
IMF acts to avoid market ''meltdown''
Submitted by cpowell on Sun, 2006-05-14 03:00 Section: Daily DispatchesBy Kevin Carmichael
Bloomberg News Service
Monday, May 15, 2006
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aOZVD0xr9eSM&refer=home
WASHINGTON -- The Bush administration, seeking to narrow its near
record trade deficit, is signaling comfort with the dollar's 6.6
percent decline this year.
Treasury Secretary John Snow's calls for stronger Asian currencies