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Daily Dispatches
Gold''s heroes speak at May 5 meeting of CMRE in New York City
Submitted by cpowell on Wed, 2005-04-13 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, April 13, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp;:425d165b:27cde3aa0
426dbc?type=businessNews&localeKey=en_ZA&storyID=8168663
JOHANNESBURG -- South Africa's central bank holds 70 percent of its
foreign exchange reserves in dollars, the bank's financial markets
Ted Butler: A digital bombshell in silver''s favor
Submitted by cpowell on Tue, 2005-04-12 03:00 Section: Daily Dispatches9:07a ET Monday, April 11, 2005
Dear Friend of GATA and Gold:
MineWeb has an excellent and more complete
account of AngloGold CEO Bobby Godsell's
remarks today, which were made at a gold
conference in Perth, Australia. You can
find it here:
http://www.mineweb.net/sections/whats_new/431670.htm
CHRIS POWELL, Secretary/Treasurer
Peter Schiff: A lower dollar isn''t closing the trade deficit
Submitted by cpowell on Tue, 2005-04-12 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, April 12, 2005
For the past few years, the main bearish argument against silver has
been the encroachment of the digital process in photography.
Particularly in the amateur consumer category, it has been argued
incessantly that the silver-halide film process would be made
extinct by digital.
It did not matter to the bears that the film process was the main
Resource Investor finds gold/oil ratio at historic disparity but won''t guess why
Submitted by cpowell on Tue, 2005-04-12 03:00 Section: Daily Dispatches10:40p ET Tuesday, April 12, 2005
Dear Friend of GATA and Gold:
Peter Schiff, CEO of Euro Pacific Capital in Newport
Beach, California, comments tonight on the record
U.S. trade deficit:
"Today's release of a record $61 billion February trade
deficit continues to confound the 'experts' who have
constantly predicted that a weaker dollar would be the
cure for America's exploding trade imbalance.If
Bill Fleckenstein: We''re following the recipe for a much higher gold price
Submitted by cpowell on Mon, 2005-04-11 03:00 Section: Daily DispatchesBy Paul A. Volcker
The Washington Post
Sunday, April 10, 2005
http://www.washingtonpost.com/wp-dyn/articles/A38725-2005Apr8.html
The U.S. expansion appears on track. Europe and Japan may lack
exuberance, but their economies are at least on the plus side. China
and India -- with close to 40 percent of the world's population --
James Turk and Bobby Godsell expect imminent rise for gold
Submitted by cpowell on Mon, 2005-04-11 03:00 Section: Daily DispatchesGold: The Only Currency
that Can't Be Printed
The world is starting to see that it's not just the dollar that has
serious problems. Brewing financial crises and weak currencies make
gold the best choice for crisis protection.
By Bill Fleckenstein
MSNMoney.com
Monday, April 11, 2005
Complete account of Godsell remarks at MineWeb
Submitted by cpowell on Mon, 2005-04-11 03:00 Section: Daily Dispatches8:50p ET Monday, April 11, 2005
Dear Friend of GATA and Gold:
Two bullish predictions for gold today.
The first comes from GoldMoney founder James
Turk, editor of the Freemarket Gold & Money
Report and consultant to GATA, who observes
that gold is starting to move higher in several
major currencies and writes that he'll stick
his neck out and predict an imminent rise.
You can find Turk's analysis, "Gold Looks
Japan and South Korea say they won''t change composition of FX reserves
Submitted by cpowell on Sun, 2005-04-10 03:00 Section: Daily DispatchesBy Heather Stewart
The Observer, London
Sunday, April 10, 2005
http://politics.guardian.co.uk/election/story/0,15803,1456397,00.html
Gordon Brown's year-long anti-poverty crusade is in jeopardy this
week as the US prepares to block his plans for a sale of
International Monetary Fund gold reserves to raise cash for debt
Bernanke seen as favorite to succeed Greenspan as Fed chairman
Submitted by cpowell on Sun, 2005-04-10 03:00 Section: Daily DispatchesFrom Reuters
Sunday, April 10, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=8134006
GINOWAN, Japan -- Japan and South Korea both indicated on Sunday
that they would not change the composition of their massive, dollar-
heavy foreign reserves.
Currency markets have been on alert for any sign of changes in the
Inflation seen as inevitable, search for inflation hedge seen helping gold
Submitted by cpowell on Sun, 2005-04-10 03:00 Section: Daily DispatchesBy Caren Bohan and Tim Ahmann
Reuters
Sunday, April 10, 2005
http://www.reuters.com/newsArticle.jhtml?
type=topNews&storyID=8135035
WASHINGTON -- Federal Reserve Governor Ben Bernanke has the edge in
the latest betting over who will succeed Alan Greenspan as Federal
Reserve chief, but sources close to the Bush administration say it