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Daily Dispatches
Julian Phillips: Maybe the central banks won''t be selling more gold after all
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, October 4, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B51AB148C%2DBB3C%
2D4360%2DA7D3%2D6B1A30B18603%7D&siteid=mktw
NEW YORK -- Gold's powerful move to $420 last week
tormented the technicians but left the gold geezers patient
as ever.
One gold-skeptical chartist, Martin Pring, wrote in his
Canada dislikes China''s bid for Noranda but shares responsibility for it
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily Dispatches12:37p ET Monday, October 4, 2004
Dear Friend of GATA and Gold:
Julian D.W. Phillips, editor of the Gold-Authentic Money
newsletter, takes note of the virtual silence about gold
at the International Monetary Fund meeting in Washington
over the weekend and speculates that the central banks
are not going to be selling more gold after all. You can
find Phillips' commentary at GoldSeek.com here:
James Turk: Gold is likely to break $430 barrier soon
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily DispatchesBy Gilbert Le Gras
Reuters
Saturday, October 2, 2004
http://www.reuters.com/newsArticle.jhtml?
type=reutersEdge&storyID=6396190
WASHINGTON -- Many Group of Seven rich nations
and gold-mining powerhouse South Africa are
concerned about a proposal to revalue some IMF
gold to fund debt relief for poor nations,
officials said on Saturday.
Clive Maund: Expect the explosion just after the presidential election
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches11:25a ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold & Money
Report, proprietor of GoldMoney.com, and consultant
to GATA, has updated his dollar, gold, and yen/gold
charts and concluded that gold's 16-year record of
$430 will be broken on the next attempt and very
soon. You can find Turk's analysis in the "Founder's
Commentary" box at the top left of the GoldMoney
CMRE''s fall dinner meeting focuses on America''s bankruptcy
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches2:47p ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
Market analyst Clive Maund's latest commentary
expresses the increasingly common belief that the
U.S. government will keep the currency markets
calm until the presidential election is out of
the way and then all hell will break loose, with
gold, silver, and commodities breaking upward.
This is especially interesting to GATA for
Bloomberg gold traders survey is notable for details, not their predictions
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches5:45p ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
The agenda for the fall dinner meeting of the Committee
for Monetary Research and Education has just been
distributed, and it is hard to imagine a program more
relevant to the financial circumstances of the United
States -- that is, our national bankruptcy. The meeting
also will emphasize where gold, silver, and exchange
rate manipulations fit in.
Russian central banker cites GATA, says gold market may be less than free
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches8:30p ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
The weekly Bloomberg News survey of gold traders,
appended here, is interesting not for its predictive
value -- the survey notes that the traders get it
wrong as often as they get it right -- but because
of a few other things:
* It quotes the CEO of Barrick Gold as expecting
inflation to lift the gold price. Having shared
China rebuffs U.S., refuses to give timetable on letting yuan float
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches10:13p ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
Movements in the price of gold are sometimes "so
enigmatic" and central banks and bullion banks are
so involved with it that the gold market may be
less than free, the deputy chairman of the Bank of
Russia says.
The deputy chairman, Oleg V. Mozhaiskov, made the
remarks in a speech at a meeting of the London
Bullion Market Association in Moscow in June, but
Finance ministers renew calls for ''more flexibility'' in exchange rates
Submitted by cpowell on Sat, 2004-10-02 03:00 Section: Daily DispatchesBy Gale Courey Toensing
Waterbury (Connecticut) Republican-American
Friday, October 1, 2004
SHARON, Conn. -- A local woman known both for her
dedication to her family and as an international
philanthropist was killed in an automobile accident
in India on Sunday.
Barbara Sinclair, 63, died when the vehicle in which
she was a passenger was struck from behind by a
truck and crashed into a bus, said Arthur Hahn,
Another plea of guilty to price fixing that won''t make The Gartman Letter
Submitted by cpowell on Sat, 2004-10-02 03:00 Section: Daily DispatchesG-7 calls for increased oil supplies;
Snow urges China to adopt flexible exchange rate soon
By Corbett B. Daly
CBS.Marketwatch.com
Friday, October 1, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7BE762554B%2DB36E%
2D4A01%2DB492%2DEF63F5202334%7D&siteid=mktw
WASHINGTON -- Finance ministers and central bankers
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