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Daily Dispatches
Even that tiny float of China''s currency is a fraud, researchers discover
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesRussian Central Bank Gold Holdings May Change Slowly
From RIA Novosti News Agency
Monday, November 28, 2005
http://en.rian.ru/russia/20051128/42241821.html
MOSCOW -- The Central Bank may increase the weighting of gold in its
reserves in years rather than months, Chairman Sergei Ignatyev said
Friday.
The comment came after President Vladimir Putin last week called for
Gold breaks $500
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesWhat Flexibility? Yuan is Still Pegged to the Dollar
By Andy Mukherjee
Bloomberg News Service
Tuesday, November 29, 2005
http://quote.bloomberg.com/apps/news?
pid=10000039&cid=mukherjee&sid=akeAR2xWI0YA
There's a good chance that 2005 will be remembered in the financial
markets as the year in which China blinked and made the yuan more
James Turk: Even Russia has leased out most of its gold reserves
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily Dispatches7:48p ET Monday, November 28, 2005
Dear Friend of GATA and Gold:
Two major gold price monitoring Internet
sites, Kitco and Ino, report that gold
broke the $500 barrier at 7:30 p.m. U.S.
Eastern time tonight:
http://quotes.ino.com/chart/?s=FOREX_XAUUSDO
Tan Range Exploration CEO Jim Sinclair
China copper trader Liu may be scapegoat for weak risk controls
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesBy James Turk
GoldMoney.com
Monday, November 29, 2005
The following news agency report about Russia's gold reserves
contains interesting information.
* * *
By Peter Lavelle
RIA Novosti News Agency
Monday, November 28, 2005
http://en.rian.ru/russia/20051128/42241821.html
MOSCOW -- The Central Bank may increase the weighting of gold in its
Brown''s gold sale losses pile up as bullion price surges
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesBy Le-Min Lim
Bloomberg News Service
Monday, November 28, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=a1x1y3nvHDuU&refer=home
HONG KONG -- Liu Qibing, the Chinese copper trader whose wrong-way
bets left his government with an estimated $300 million in losses,
scored 90 out of 100 in a course on international investing at Wuhan
U.S. Treasury declines to accuse China of manipulating currency
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesBy Bill Jamieson
The Scotsman, Edinburgh
Monday, November 28, 2005
http://business.scotsman.com/index.cfm?id=2313142005
Higher still and higher climbs the price of gold. It closed up late
on Friday at $495.70 an ounce in London and was even higher in Hong
Kong.
Since the start of the month, the precious metal has gained almost 9
No-confidence vote topples Canadian government; election likely Jan. 23
Submitted by cpowell on Mon, 2005-11-28 03:00 Section: Daily DispatchesBy Glenn Somerville
Reuters
Monday, November 28, 2005
http://today.reuters.com/business/newsarticle.aspx?
type=tnBusinessNews&storyID=nN28146785&imageid=&cap=
WASHINGTON -- The U.S. Treasury on Monday declined to name China a
currency manipulator, despite the demands of many U.S. lawmakers,
but served notice that it will keep pressuring Beijing to let its
Newmont president sees gold at $525 early next year, $1,000 in 5 to 7 years
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily Dispatches1:05p ET Saturday, November 26, 2005
Dear Friend of GATA and Gold:
GATA will have a part in the 2006 Vancouver Resource
Investment Conference, sponsored by Cambridge House
International and held Sunday and Monday, January 22
and 23, 2006, at the Vancouver Convention and
Exhibition Centre.
More than 230 mining and resource exploration
companies will be exhibiting, and among the speakers
Newmont acknowledges considering counterbid for Placer Dome
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily DispatchesNewmont Forecasts Gold to Rise
Above $1,000 on Asian Demand
By Miriam Steffens
Bloomberg News Service
Sunday, November 27, 2005
http://www.bloomberg.com/apps/news?
pid=10000080&sid=aotpaNV5Qtpw&refer=asia
SYDNEY -- Newmont Mining Corp., the world's largest producer of
gold, says the price of the precious metal may rise to more than
Australia is cleaning out the gold vault; do you want a piece?
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily DispatchesNewmont Mining May Make Bid for Placer
By The Associated Press
Sunday, November 27, 2005
http://biz.yahoo.com/ap/051127/australia_canada_placer_dome.html?.v=5
MELBOURNE, Australia -- Newmont Mining Corp. President Pierre
Lassonde confirmed Sunday that the world's largest gold producer is
considering making a rival bid for Canadian takeover target Placer
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