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Daily Dispatches
Finance ministers won''t be selling gold while oil has them quaking
Submitted by cpowell on Sun, 2004-10-10 03:00 Section: Daily Dispatches11:15a ET Sunday, October 10, 2004
GoldMoney.com proprietor James Turk, editor of
the Freemarket Gold & Money Report and
consultant to GATA, has gotten out his charts
and predicts that gold has a 70 percent chance
of breaking above $430 by the end of this year,
and that such a breakthrough, a 16-year high,
"will be the wake-up call that sends a stampede
of money out of the dollar and into gold."
Bank for International Settlements admits that banks are the big gold shorts
Submitted by cpowell on Sun, 2004-10-10 03:00 Section: Daily DispatchesPouring oil on troubled economists
William Keegan
The Observer, London
Sunday, October 10, 2004
http://observer.guardian.co.uk/business/story/0,6903,1323678,00.html
Geore Bush has got my fingerprints. It did not take
him, or rather his genial representatives at Dulles
airport, long. What took the time was a two-hour
CBSMarketWatch reports on dollar''s fall and gold''s rise Friday
Submitted by cpowell on Sat, 2004-10-09 03:00 Section: Daily Dispatches10:04p ET Friday, October 8, 2004
Dear Friend of GATA and Gold:
Mining industry journalist Tim Wood, formerly of
MineWeb.com, has become founding editor and
general manager of a new Internet site focusing
on the extractive industries, ResourceInvestor.com.
It has begun as a sort of Weblog, and among its
first items are a notice about the novel
"Cra$hmaker" by Victor Sperandeo and Alvaro Almeida
Dollar falls most against Asian currencies amid revaluation talk
Submitted by cpowell on Fri, 2004-10-08 03:00 Section: Daily Dispatches10:51p ET Thursday, October 7, 2004
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary
for today at LeMetropoleCafe.com, "An Exposed
and Dying Scheme," has been posted in the clear
at GoldSeek here:
http://news.goldseek.com/LemetropoleCafe/1097247753.php
CHRIS POWELL, Secretary/Treasurer
Are fledgling silver barons tomorrow''s leaders?
Submitted by cpowell on Fri, 2004-10-08 03:00 Section: Daily DispatchesDollar off vs. Asia on persistent China speculation
By Jamie McGeever
Reuters
Friday, October 8, 2004
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh86071_2004-10-08_17-50-53_n08487080_newsml
NEW YORK -- The dollar tumbled across the board
following a below-consensus U.S. jobs report on
ResourceInvestor.com opens with interview with U.S. Global Investors chairman
Submitted by cpowell on Fri, 2004-10-08 03:00 Section: Daily DispatchesBy Dorothy Kosich
MineWeb
Thursday, October 7, 2004
DENVER -- The heads of the pure silver companies
were hard to miss at the Denver Gold Forum
because they are edgy and provocative. They're ...
well, different.
Just by their presence at a "gold" forum, these new
millennium "silver barons" defy a truism that when
the world's most powerful currency stumbles,
investors will only turn to gold. These invaders of
American Stock Exchange creates Gold Miners Index
Submitted by cpowell on Thu, 2004-10-07 03:00 Section: Daily Dispatches10:50p ET Wednesday, October 6, 2004
Dear Friend of GATA and Gold:
Keith Barron, editor of Straight Talk on Mining,
harkens to a 16-year-old book, Kenneth Ackerman's
"The Gold Ring," in a new essay posted at
Gold-Eagle, "Gold Manipulation -- Nothing New
Under the Sun." Barron notes that gold has been
the target of unscrupulous traders throughout
history, and he describes the corner worked on
Dallas Fed president says dollar has to weaken
Submitted by cpowell on Thu, 2004-10-07 03:00 Section: Daily Dispatches6:12p ET Thursday, October 7, 2004
Dear Friend of GATA and Gold:
The American Stock Exchange has announced its
creation of a gold and silver mining company
index, the Amex Gold Miners Index, which will
trade under the symbol GDM. GoldSeek has the
story and a chart showing the composition of
the index. You can find it here:
Foreign central banks reduce U.S. government debt holdings
Submitted by cpowell on Thu, 2004-10-07 03:00 Section: Daily DispatchesBy Reuters
7:28p ET Thursday, October 7, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6446137
NEW YORK -- The widening U.S. current account
deficit will require a decline in the value of
the dollar, a top Federal Reserve official said
on Thursday.
Dallas Fed President Robert McTeer said there were
If you read The Gartman Letter, this stuff doesn''t happen
Submitted by cpowell on Thu, 2004-10-07 03:00 Section: Daily DispatchesFrom Reuters
Thursday, October 7, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh67727_2004-10-07_20-30-18_nat001004_newsml
NEW YORK -- Foreign central banks became sellers
of U.S. Treasuries in the latest week, cutting into
the annual pace of their accumulation of U.S. debt,
the Federal Reserve reported on Thursday.
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