You are here
Daily Dispatches
Saudi Arabia considers faster separation from U.S. dollar
Submitted by cpowell on Sun, 2005-09-04 03:00 Section: Daily Dispatches11:23p ET Friday, September 2, 2005
Dear Friend of GATA and Gold:
For some good laughs you might want to check out
more credulous marveling at the growing disparity
between the prices of oil and gold.
The first comes from Gold Fields Mineral Services:
http://sg.biz.yahoo.com/050902/15/3uovn.html
The second comes from Tim Wood at Resource
UAE central bank to decide on converting dollars to euros
Submitted by cpowell on Sun, 2005-09-04 03:00 Section: Daily DispatchesSaudi Arabia Riyal Looks to Re-align
MiddleEastForex.com
Sunday, September 4, 2005
http://www.middleeastforex.com/index.php?section=24
RIYADH, Saudi Arabia -- China's revaluation of the yuan increases
the possibilityof the re-alignment of the Saudi Riyalto a
weak U.S. dollar, especiallywhile trading links with Asia and
Europe continue to grow.
U.S. government often surreptitiously props up stock market, Sprott report says
Submitted by cpowell on Sun, 2005-09-04 03:00 Section: Daily DispatchesUAE Will Decide on Conversion
of Forex Reserves into Euros
By C.L Jose
Gulf News, Dubai
Sunday, September 4, 2005
http://www.gulf-news.com/Articles/BusinessNF.asp?ArticleID=180149
DUBAI -- The United Arab Emirates Central Bank will decide this
month whether it should convert some of its foreign exchange
reserves into euros from dollars, Sultan Bin Nasser Al Suwaidi,
Doug Casey: What''s holding gold back?
Submitted by cpowell on Fri, 2005-09-02 03:00 Section: Daily Dispatches10:55p ET Thursday, September 1, 2005
Dear Friend of GATA and Gold:
Market analyst Alf Field, who spoke at GATA's
Gold Rush 21 conference in Dawson City,
Yukon, last month, is predicting the demise of
the U.S. dollar. His new essay, "The Bell Tolls
for the Dollar," has been posted at three
Internet sites.
GoldSeek:
Dollar falls on speculation Fed will stop raising interest rates
Submitted by cpowell on Fri, 2005-09-02 03:00 Section: Daily Dispatches10p ET Friday, September 2, 2005
Dear Friend of GATA and Gold:
In the new issue of his newsletter, International
Speculator, Doug Casey offers a long analysis,
"What's Holding Gold Back?," that is very favorable
to GATA. He has generously given GATA permission to
distribute it, so it is appended. You can find
subscription information for International
Speculator here:
More credulous marveling at the growing disparity between oil and gold
Submitted by cpowell on Fri, 2005-09-02 03:00 Section: Daily DispatchesBy Joshua Krongold
and Mark Tannenbaum
Bloomberg News Service
Friday, September 2, 2005
http://www.bloomberg.com/apps/news?
pid=10000101&sid=arM_6CCXhSLE&refer=japan
The dollar headed for its largest weekly decline since November
against the euro on speculation the Federal Reserve will pause in
its campaign of interest rate increases.
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:
Pages
