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Daily Dispatches
MiningMX has more on WGC Chairman Lassonde''s remarks at Denver conference
Submitted by cpowell on Tue, 2005-09-27 03:00 Section: Daily DispatchesFrom Reuters
Monday, September 26, 2005
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh65136_2005-09-26_23-57-55_n26715071_newsml
DENVER -- The World Gold Council hopes to expand demand for gold
with a new round of promotion targeting China, India, and the Middle
East, which are areas seen as key to demand growth, WGC Chairman
Sounds like another reason for gold to go down when it should go up
Submitted by cpowell on Tue, 2005-09-27 03:00 Section: Daily Dispatches1:48a ET Tuesday, September 27, 2005
Dear Friend of GATA and Gold:
MiningMX's David McKay has an excellent report
from the Denver gold conference about World
Gold Council Chairman Pierre Lassonde's
remarks there Monday.
Among other things, McKay quotes Lassonde
as saying:
* The European central banks participating in
the renewed Washington Agreement on Gold
may sell only half the 500 tonnes authorized
South African mining executive Brett Kebble murdered while driving
Submitted by cpowell on Tue, 2005-09-27 03:00 Section: Daily DispatchesRita Causes Record Damage to Oil Rigs
By Carola Hoyos, Sheila McNulty, and Thomas Catan
Financial Times, London
Tuesday, September 27, 2005
http://news.ft.com/cms/s/034a384e-2f8a-11da-8b51-00000e2511c8.html
Hurricane Rita has caused more damage to oil rigs than any other
storm in history and will force companies to delay drilling for oil
Ted Butler: You can''t always get what you want
Submitted by cpowell on Tue, 2005-09-27 03:00 Section: Daily Dispatches10:55p ET Tuesday, September 27, 2005
Dear Friend of GATA and Gold:
South African gold mining executive Brett Kebble
was murdered last night while driving near his
home in Johannesburg. Without his help the Gold
Anti-Trust Action Committee might never have
gotten started, and so we are horrified and
want to send our condolences to his family and
friends.
The Bloomberg News Service story about Kebble's
Resource Investor''s report on the murder of Brett Kebble
Submitted by cpowell on Tue, 2005-09-27 03:00 Section: Daily DispatchesBy Theodore Butler
InvestmentRarities.com
Tuesday, September 27, 2005
The most recent commitment of traders report (COT) indicated that
the tech funds had, effectively, increased their long position in
COMEX gold back to a record, while the dealers increased their short
position to a reciprocal record. Thus we are in a high-risk state in
the gold market for a selloff down through the moving averages. Of
James Turk: Gold''s bull market is reconfirmed
Submitted by cpowell on Mon, 2005-09-26 03:00 Section: Daily Dispatches8:01p ET Sunday, September 25, 2005
Dear Friend of GATA and Gold:
Appended here is a news story about the same old
hapless hand wringing from the International
Monetary Fund about "global economic imbalances"
-- central banker talk for the United States'
financing its overconsumption by borrowing from
the rest of the world.
"Oh, we have to do something about this," the
James Turk: Gold''s bull market reconfirmed
Submitted by cpowell on Mon, 2005-09-26 03:00 Section: Daily Dispatches9:07a ET Monday, September 26, 2005
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold &
Money Report and consultant to GATA, reports
that gold is breaking out in currencies around
the world, not just in U.S. dollars. His
analysis is titled "Gold's Bull Market
Reconfirmed" and you can find it in the
"Founder's Commentary" box at the top left of
Gold price predictions conflict but still suggest central banks rig market
Submitted by cpowell on Mon, 2005-09-26 03:00 Section: Daily Dispatches9:07a ET Monday, September 26, 2005
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold &
Money Report and consultant to GATA, reports
that gold is breaking out in currencies around
the world, not just in U.S. dollars. His
analysis is titled "Gold's Bull Market
Reconfirmed" and you can find it in the
"Founder's Commentary" box at the top left of
World Gold Council chairman mentions gold as currency, not just jewelry
Submitted by cpowell on Mon, 2005-09-26 03:00 Section: Daily Dispatches8:10p ET Monday, September 26, 2005
Dear Friend of GATA and Gold:
Below are two news stories distributed in the last
24 hours that provide contrary speculations about
the gold price.
In the first story, market analyst Alan Williamson of
HSBC Holdings says gold will fall to $440 next month as
central banks increase their sales. HSBC is one of the
nine London bullion market makers and Williamson seeks
Bill Murphy: ''Fringe'' or not, evidence backs gold price suppression scheme
Submitted by cpowell on Sun, 2005-09-25 03:00 Section: Daily DispatchesOpinions Differ on Rising Price of Gold
By Ellen Simon
Associated Press
via Business Week Online
Saturday, September 24, 2005
http://www.businessweek.com/ap/financialnews/D8CQORQ09.htm?
campaign_id=apn_home_down&chan=db
Gold is hovering near 17-year-highs. What that means depends on
who's doing the interpreting.