You are here
Daily Dispatches
Alf Field: The bell tolls for the dollar
Submitted by cpowell on Thu, 2005-09-01 03:00 Section: Daily Dispatches6:24p ET Wednesday, August 31, 2005
Dear Friend of GATA and Gold:
The news from New Orleans is getting worse, not
better, and the mayor said this afternoon that there
probably have been thousands of fatalities in the
city and that the city probably won't be functioning
for two or three months.
Communications with New Orleans being so irregular,
we've not heard anything from our friends at
Murphy''s ''Midas'' commentary for Tuesday, August 30, posted at GoldSeek
Submitted by cpowell on Wed, 2005-08-31 03:00 Section: Daily Dispatches8:15p ET Tuesday, August 30, 2005
Dear Friend of GATA and Gold:
MineWeb's Gareth Tredway has written a profile of
Switzerland's Top Gold fund, managed by GATA
heroes Ferdinand Lips and Jean-Pierre Schumacher.
You can find it here:
http://www.mineweb.net/sections/gold_silver/477496.htm
CHRIS POWELL, Secretary/Treasurer
Help hurricane victims while we wait for word on the New Orleans conference
Submitted by cpowell on Wed, 2005-08-31 03:00 Section: Daily Dispatches6:08p ET Wednesday, August 31, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary
for Tuesday, August 30, has been posted in the
clear at GoldSeek here:
http://news.goldseek.com/LemetropoleCafe/1125496980.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
China''s top banker says move to market-based exchange rate won''t be slow
Submitted by cpowell on Tue, 2005-08-30 03:00 Section: Daily Dispatches9:15p ET Monday, August 29, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood reports without comment
that the ratio between the price of oil and the price
of gold has reached a record extreme, suggesting that
gold is underpriced. Wood's report has a lot of nice
charts with it but fails to draw the obvious conclusion:
Central banks are aggressively suppressing the gold
price. You can find Wood's report here:
MineWeb profiles Top Gold fund, managed by Ferdinand Lips and J.P. Schumacher
Submitted by cpowell on Tue, 2005-08-30 03:00 Section: Daily DispatchesChina's Bank Chief Seeks
to Allay Renminbi Fears
By Andrew Balls
Financial Times, London
Monday, August 29, 2005
http://news.ft.com/cms/s/cb859dfe-1828-11da-a14b-00000e2511c8.html
JACKSON HOLE, Wyoming -- recent reforms to China's currency regime
do not represent a one-off adjustment, according to Zhou Xiaochuan,
Gold price trails oil by more than ever
Submitted by cpowell on Mon, 2005-08-29 03:00 Section: Daily DispatchesWall Street, Fed At Odds
On Effect of Any Dollar Collapse
From Reuters
Friday, August 26, 2005
http://today.reuters.co.uk/investing/financeArticle.aspx?
type=usDollarRpt&storyID=URI:urn:newsml:reuters.com:20050826:MTFH2666
3_2005-08-26_16-35-57_N26409411:1
NEW YORK -- Although a dollar crash is unlikely any time soon, a
Russia and China might consider replacing dollar in bilateral trade
Submitted by cpowell on Sun, 2005-08-28 03:00 Section: Daily Dispatches6:05p ET Saturday, August 27, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has posted "An Update on the Dollar" in the
"Founder's Commentary" box at the top left of the
GoldMoney home page here:
CHRIS POWELL, Secretary/Treasurer
Dumping of dollar could cause economic Sept. 11, U.S. expert says
Submitted by cpowell on Sun, 2005-08-28 03:00 Section: Daily DispatchesBy Yelena Fedorova
Novosti News Agency
Sunday, August 28, 2005
http://en.rian.ru/business/20050828/41239808.html
MOSCOW -- Russia and China might consider replacing the dollar in
bilateral trade, a senior banking expert said on the eve of the
Third Russian-Chinese Banking Forum opening Monday.
Garegin Torsunyan, president of the Association of Russian Banks
GATA seeks contributions for production of Gold Rush 21 video disc
Submitted by cpowell on Sun, 2005-08-28 03:00 Section: Daily DispatchesBy Bruce Stannard
The Australian, Sydney
Monday, August 29, 2005
http://www.theaustralian.news.com.au/common/story_page/0,5744,1641668
0%255E28737,00.html
The nightmare scenario that haunts global strategist Clyde
Prestowitz is an economic September 11 -- a worldwide financial
panic triggered by a sudden massive selloff of US dollars that would
Fed study rationalizes dollar collapse
Submitted by cpowell on Sun, 2005-08-28 03:00 Section: Daily Dispatches4p ET Sunday, August 28, 2005
Dear Friend of GATA and Gold:
Gold Rush 21, GATA's conference in Dawson City,
Yukon Territory, Canada, was so well-received that
we have decided to produce a video recording of the
conference on computer disc -- they call them DVDs
-- in time for presentation at GATA's fund-raising
dinner at the New Orleans Investment Conference
on Wednesday, November 2, assuming that the