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Daily Dispatches
''Helicopter money'' theorist likely to be president''s top economic adviser
Submitted by cpowell on Fri, 2004-12-17 03:00 Section: Daily Dispatches10:29p ET Thursday, December 16, 2004
Dear Friend of GATA and Gold:
J. Kent Willis, president of AGAPI Financial and a longtime
metals trader, has posted at Gold-Eagle an entertaining
essay called "The Scary Part of the Gold Price Curve." It
may be most interesting for its echoing what another
longtime metals trader, Jim Sinclair, asserted the other
night at JSMineset.com: that the Comex market is becoming
Glamis says Goldcorp was first to suggest combining the companies
Submitted by cpowell on Fri, 2004-12-17 03:00 Section: Daily DispatchesFed Governor Would Chair
President's Economic Council
By Nell Henderson
Washington Post
Friday, December 17, 2004
http://www.washingtonpost.com/wp-dyn/articles/A6001-2004Dec16.html
The White House, seeking a strong economic team
to craft and sell key features of its second-term
agenda, is considering appointing Federal Reserve
Mexico is getting close to remonetizing silver
Submitted by cpowell on Fri, 2004-12-17 03:00 Section: Daily DispatchesGlamis Gold's McArthur Says
McEwen Wooed Him to Run Goldcorp
By Doug Alexander
Bloomberg News Service
Friday, December 17, 2004
http://www.bloomberg.com/apps/news?
pid=10000082&sid=aBF.8Flb9vqE&refer=canada
TORONTO -- Glamis Gold Ltd. Chief Executive
Officer Kevin McArthur said he never expected
to make yesterday's $3.4 billion hostile bid for
Please publicize Salinas Price''s report on Mexico''s remonetization of silver
Submitted by cpowell on Fri, 2004-12-17 03:00 Section: Daily Dispatches5p ET Friday, December 17, 2004
Dear Friend of GATA and Gold:
Hugo Salinas Price -- businessman, philosopher,
and Mexican patriot -- describes in the essay
appended here the great progress being made in
Mexico toward the remonetization of silver. He
argues for what GATA has been arguing for
-- giving people a choice of money and making
money compete for people rather than the
other way round. That will be, as Salinas Price
Two longtime metals traders see Comex becoming a real market for delivering gold
Submitted by cpowell on Thu, 2004-12-16 03:00 Section: Daily DispatchesBy Stephen Labaton
The New York Times
Wednesday, December 15, 2004
http://www.nytimes.com/2004/12/16/business/16fannie.html
WASHINGTON -- The staff of the Securities and Exchange
Commission has ordered Fannie Mae, the nation's largest
buyer of mortgages, to restate its earnings over the last
four years after concluding that it had violated accounting
Foreign investment in U.S. declines; renewed focus in dollar''s weaknesses
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily DispatchesBy AFX News
Wednesday, December 15, 2004
http://www.fxstreet.com/nou/noticies/afx/noticia.asp?
pv_noticia=1103076985-9e32d306-02461
BEIJING -- China is seeing a gold-buying surge as a
hedge against the weakening dollar and negative real
interest rates, the South China Morning Post
reported, citing figures from the China Gold Society
Bob Bishop has antidote to gold gloom, and Chip Hanlon examines the ETF
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily DispatchesBy Richard Blackden and Joshua Krongold
Bloomberg News Service
Wednesday, December 15, 2004
http://quote.bloomberg.com/apps/news?
pid=10000103&sid=a5pZjdNjHDE8&refer=news_index
The dollar fell the most in almost a month against the
yen and dropped versus the euro on a report showing
purchases of securities in the U.S. increased in
Resource Investor takes another look at South African junior miner AfLease
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily Dispatches10p ET Wednesday, December 15, 2004
Dear Friend of GATA and Gold:
A couple more things worth checking tonight that
you might not find in your ordinary Internet
ramble....
* Bob Bishop of Gold Mining Stock Report has
a wonderful antidote to the gloom in the gold world,
noting that the weakness in gold shares lately is
very likely tax-loss selling that will pass. You can
find Bishop's commentary at GoldColony here:
Fannie Mae broke accounting rules; firm''s capital position is now in jeopardy
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily Dispatches10:23p ET Wednesday, December 15, 2004
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood has updated the
situation with South African junior miner
Afrikander Lease, a major supporter of GATA,
and concludes that the company's gold and
uranium assets, now priced at 30 cents per
share, may be worth more than $10. This is
neither an offer to buy nor to sell -- just
an offer to dream! You can find Wood's report
Ted Butler: Taking care of business
Submitted by cpowell on Tue, 2004-12-14 03:00 Section: Daily Dispatches5:05p ET Sunday, December 12, 2004
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and consultant
to GATA, writes in new commentary that the
U.S. dollar has ended its "waterfall" decline
for the moment but that gold is beginning to
rise in other currencies. You can find Turk's
analysis in the "Founder's Commentary" box at
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