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Daily Dispatches
CBSMarketWatch video-interviews GoldMoney''s James Turk
Submitted by cpowell on Thu, 2005-02-17 03:00 Section: Daily DispatchesAllow Gold-Backed Savings Products,
World Gold Council Says in India
From The Hindu
Chennai, India
Wednesday, February 16, 2005
http://www.hindu.com/2005/02/17/stories/2005021706971700.htm
MUMBAI -- The Reserve Bank of India should allow
banks to offer gold-backed savings products so that
part of these investments can be channelised
Barrick''s hedge book worsens as decline in ounces is offset by rising gold price
Submitted by cpowell on Thu, 2005-02-17 03:00 Section: Daily Dispatches7:52p ET Thursday, February 17, 2005
Dear Friend of GATA and Gold:
Holy golden cow! GATA consultant James Turk, founder
of GoldMoney and editor of the Freemarket Gold &
Money Report, has just gotten video-interviewed by
CBSMarketWatch about his new book, "The Coming
Collapse of the Dollar," and his views on gold's
prospects. At this hour you can find the interview
on the right side of the CBSMarketWatch home page
IMF did sell gold in 1999 but no metal actually reached the market
Submitted by cpowell on Thu, 2005-02-17 03:00 Section: Daily Dispatches8:08p ET Thursday, February 17, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood analyzes Barrick Gold's
latest financial report and finds that the company's
hedge book debt is worsening, the rising gold price
offsetting the reduction in the amount of gold hedged:
Dollar set for worst week in 2 months against euro as Greenspan flops
Submitted by cpowell on Thu, 2005-02-17 03:00 Section: Daily Dispatches8:08p ET Thursday, February 17, 2005
Dear Friend of GATA and Gold:
Greta Steyn of MiningMX analyzes the hubbub over
proposals that the International Monetary Fund
should sell gold to help poor countries and notes
that similar proposals in 1999 were not actually
defeated, as is commonly assumed. To the contrary,
she writes, a couple of big IMF gold sales were
made in 1999 but were structured to be only
Personal and government debt in U.S. explodes but real wages stall
Submitted by cpowell on Thu, 2005-02-17 03:00 Section: Daily DispatchesBy Taizo Hirose
Bloomberg News Service
Friday, February 18, 2005
http://www.bloomberg.com/apps/news?
pid=10000101&sid=a91LHFK79jtM&refer=japan
TOKYO -- The dollar headed for its worst week in two months
against the euro in Asia after Federal Reserve Chairman Alan
Greenspan declined to signal an acceleration in interest-rate
increases.
Gold bug James Turk says $500 gold is likely this year
Submitted by cpowell on Wed, 2005-02-16 03:00 Section: Daily DispatchesBy Theodore Butler
Tuesday, February 15, 2005
www.InvestmentRarities.com
Because silver is such a fascinating topic, there is a strong force
that pulls us to focus on it on a daily basis. This force is normal
with any issue we find interesting. Fortunately, this scrutiny can be
profitable. I know many people who have made many thousands and even
millions of dollars on the price moves in silver over the past year
World Gold Council urges diversion of gold demand into Indian bank paper
Submitted by cpowell on Wed, 2005-02-16 03:00 Section: Daily DispatchesBy Zachary Howard
Reuters
Wednesday, February 16, 2005
NEW YORK -- Gold prices will soon soar when the dollar's "orderly"
decline likely becomes a freefall and investors flock to undervalued
assets like the precious metals, long-time gold bull James Turk said
Wednesday.
As publisher of investment newsletter The Freemarket Gold & Money
Report and co-author of a new book, "The Coming Collapse of the
''Midas'' commentary for Feb. 13: GATA to replace World Gold Council
Submitted by cpowell on Tue, 2005-02-15 03:00 Section: Daily DispatchesBy The Associated Press
Monday, February 14, 2005
http://biz.yahoo.com/ap/050214/france_citigroup_4.html
PARIS -- France's treasury penalized Citigroup Inc. on Monday,
giving it a lower ranking on a list used to award government
business, and said the bank's controversial 12.4 billion euro ($16
billion) bond trade tarnished European markets.
James Turk: The dollar begins the week badly
Submitted by cpowell on Tue, 2005-02-15 03:00 Section: Daily Dispatches2:41p ET Tuesday, February 15, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary
for February 13 at LeMetropoleCafe.com, "GATA
to Replace World Gold Council," has been posted
in the clear at Kitco here:
http://www.kitco.com/ind/Murphy/feb142005.html
And at GoldSeek here:
Doctor retracts pollution charges against Newmont in Indonesia
Submitted by cpowell on Tue, 2005-02-15 03:00 Section: Daily Dispatches2:44p ET Tuesday, February 15, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the
Freemarket Gold & Money Report and founder
of GoldMoney, has posted new commentary
at the GoldMoney Internet site, "The
Dollar Begins the Week Badly." You can
find it in the "Founder's Commentary" box
at the top left here: