You are here
Daily Dispatches
IMF study acknowledges risk of double-counting leased central bank gold
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily DispatchesBy John Dizard
Financial Times
Monday, June 5, 2006
http://news.ft.com/cms/s/9286fa74-f4a1-11da-86f6-0000779e2340.html
For all the fireworks in the gold price last month, including a 25-
year high, the metal that drives men mad ended down by slightly less
than 2 percent from the end of April. To me and some of the more
John Embry: Paper assets seeking safety send gold soaring
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily Dispatches12:56a ET Tuesday, June 6, 2006
Dear Friend of GATA and Gold:
A research paper commissioned by the International
Monetary Fund appears to confirm the Gold Anti-
Trust Action Committee's longstanding complaint
that the IMF has directed member central banks to
double-count their gold when it has been leased or
swapped or otherwise has left a central bank's vault
orpossession.
The paper, "Treatment of Gold Swaps and Gold
Buy ''Eye of the Pyramid'' through June 7 and support GATA
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily Dispatches1:18a ET Tuesday, June 6, 2006
Dear Friend of GATA and Gold:
Sprott Asset Management's chief investment strategist,
John Embry, has written for Investor's Digest of Canada
a new commentary explaining why the top for gold is
years away. Embry also has kind compliments for GATA.
Embry's commentary is headlined "Paper Assets Seeking
Safety Send Gold Soaring" and you can find it at the
Ted Butler: Proving the silver manipulation again
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily Dispatches9:40p ET Tuesday, June 6, 2006
Dear Friend of GATA and Gold:
Terry Krohn's thriller of a novel with a gold theme,
"Eye of the Pyramid," is on sale over the Internet
today and all day Wednesday, June 7, with purchasers
qualifying for a host of special gifts and GATA
qualifying for a portion of the purchases made by
GATA supporters.
"Eye of the Pyramid" has been called the "Da Vinci
Iran reported repatriating currency reserves via gold shipments
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Monday, June 5, 2006
Over the past 10 years I have argued that silver has been
manipulated in price. One of my goals for writing publicly about
silver was to terminate this manipulation. While I know that many
people can't understand my obsession with the manipulation, I make
no apologies for my convictions. There is nothing more basic or
important than keeping a market free of manipulation. This is the
Treasury appointment gives huge tax break to Goldman Sachs CEO
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily DispatchesBy Kenneth R. Timmerman
Newsmax.com
Wednesday, June 7, 2006
http://www.newsmax.com/archives/articles/2006/6/6/151138.shtml?s=lh
WASHINGTON -- Iranians are going for the gold -- at least until
someone else cuts them off.
To forestall an effort by the West to seize Iranian assets in
Europe, the Iranian leadership decided last fall to begin a massive,
Russia leading global ''stealth demand'' for gold
Submitted by cpowell on Mon, 2006-06-05 03:00 Section: Daily DispatchesDoes Keeping the Penny Still Make Sense?
By J. Scott Orr
Newhouse News Service
via Seattle Times
Sunday, June 4, 2006
http://seattletimes.nwsource.com/html/nationworld/2003038390_penny04.h
tml
WASHINGTON -- They accumulate everywhere, multiplying faster than
bunnies, it seems, in pockets, purses and dresser-top jars. And you
Peter Brimelow: Veteran gold bug sees price soaring to $3,000
Submitted by cpowell on Mon, 2006-06-05 03:00 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, June 5, 2006
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/06/05/cnrussia.xml
The world's big money brigade is snapping up gold bullion at eight
times the rate originally thought, according to a report by UBS, the
world's biggest gold trader.
The huge sums entering precious metals below the radar are likely to
Matthew Lynn: Goldman Sachs has gained too much political power
Submitted by cpowell on Mon, 2006-06-05 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, June 5, 2006
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B8EB7BBB6%
2DB8E2%2D4F4B%2DB922%2D8229D1A02BC8%7D&source=blq%
2Fyhoo&dist=yhoo&siteid=mkwt
NEW YORK -- Advantage, Schultz.
The veteran gold bug called the recent gold break. Now he's getting
Gulf divides gold bugs from those only bullish about gold
Submitted by cpowell on Mon, 2006-06-05 03:00 Section: Daily DispatchesBy Matthew Lynn
Bloomberg News Service
Monday, June 5, 2006
http://quote.bloomberg.com/apps/news?
pid=10000039&refer=columnist_lynn&sid=aGS6lvr8ipiw
Forget "The Da Vinci Code." If you want to get to grips with a real
conspiracy, take a look at all the Goldman Sachs Group Inc. staffers
taking over important economic positions around the world.