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Daily Dispatches
Central bank gold sales are bullish again, Sinclair says; Amex lists Seabridge
Submitted by cpowell on Tue, 2004-04-20 03:00 Section: Daily DispatchesTuesday, April 20, 2004
NEW YORK (Dow Jones/AP) -- The dollar jumped across
the board Tuesday, hitting fresh five- month highs
against the euro and Swiss franc, after upbeat
remarks on the economy from Federal Reserve Chairman
Alan Greenspan further fueled speculation about a
Federal Reserve rate hike this summer.
Dallas Fed President Robert McTeer got the ball rolling
in U.S. trading, saying that interest rates could rise
Ted Butler: Silver miners must respond to the wolf pack of the shorts
Submitted by cpowell on Tue, 2004-04-20 03:00 Section: Daily DispatchesBy Jim Sinclair
Tuesday, April 20, 2004
http://www.jsmineset.com/home.asp
Gold sales by the French and Swiss national banks
represent a singular most BULLISH event. In the 1970
gold bull market, every ounce offered for sale at the
time was purchased. In this latest case, the buyers
will be Islamic and Asian and the sales will
memorialize the shift of economic influence away
Harmony and union form task force over potential job losses
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily Dispatches... perhaps as a rationalization for the
imminent exhaustion of central bank reserves.
* * *
Going, going, gold
Financial Times
Friday, April 16, 2004
http://news.ft.com/servlet/ContentServer?
pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079420385759&p=101257
1727126
The barbarous relic, as Keynes called it, is crumbling to
Jay Taylor: Rothschild is probably dropping gold LENDING, not gold itself
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily DispatchesBy Hilton Shone
Sunday Times, South Africa
Sunday, April 18, 2004
http://www.sundaytimes.co.za/2004/04/18/business/companies/comp01.asp
In an unprecedented move, Harmony Gold and three
major unions on Friday agreed to set up a joint task
force to examine the closure of up to six shafts at the
country's third-biggest gold miner.
Major miners return to exploring as acquisitions become expensive
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily Dispatches2:54p ET Sunday, April 18, 2004
Dear Friend of GATA and Gold:
The bulk of the latest issue of Jay Taylor's Gold
& Technology Stocks newsletter has just been
posted at Gold-Eagle and is urgent reading for its
commentary on the Rothschild firm's withdrawal
from the gold market -- as in the gold LENDING
market. You can find Taylor's commentary here:
Special Sunday ''Midas'' at LeMetropole Cafe posted in clear at GoldSeek
Submitted by cpowell on Sun, 2004-04-18 03:00 Section: Daily DispatchesBy Matt Chambers
Bloomberg News Service
Sunday, April 18, 2004
http://quote.bloomberg.com/apps/news?
pid=10000082&sid=au.fCcA14kbs&refer=canada
MELBOURNE, Australia -- Newmont Mining Corp., the world's
biggest gold miner, and its competitors spent $27 billion on
acquisitions in the past six years. Now they're turning to
exploration after soaring share prices made potential targets
Back up the truck for gold and silver now
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily Dispatches10:38p ET Thursday, April 15, 2004
Dear Friend of GATA and Gold:
Once again Michael Kosares, proprietor of Centennial
Precious Metals in Denver and its essential Internet
site, www.USAGold.com, has casually tossed off the
most timely and insightful commentary -- this time
about the withdrawal of the Rothschild firm from the
London gold market. Kosares writes:
"People talk about paradigm shifts all the time and
Bundesbank president quits on eve of new disclosure about gifts
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily Dispatches11a ET Friday, April 16, 2004
Dear Friend of GATA and Gold:
GoldMoney founder James Turk has turned his "Founder's
Commentary" spot over to market analyst and writer Doug
Casey for a new essay titled "Six Reasons to Back Up
the Truck for Gold and Silver Now." You can find it in
the "Founder's Commentary" box at the top left of the
GoldMoney home page here:
Financial Times editorial prays for the demise of gold ...
Submitted by cpowell on Fri, 2004-04-16 03:00 Section: Daily DispatchesBy David Crossland
Reuters
Friday, April 16, 2004
http://www.reuters.com/newsArticle.jhtml;jsessionid=EKN45ND1V0O4YCRBAE
0CFFA?type=businessNews&storyID=4851941§ion=news
BERLIN -- Bundesbank President Ernst Welteke resigned
in a dispute with the government on Friday after two
weeks of intense pressure to quit for letting a top
Gold and silver had to be smashed before CPI number came out
Submitted by cpowell on Thu, 2004-04-15 03:00 Section: Daily Dispatches8:48p ET Wednesday, April 14, 2004
Dear Friend of GATA and Gold:
Sprott Asset Management President and Chief Investment
Strategist John Embry, perhaps the investment world's
most eloquent advocate of precious metals, will appear
on Canada's Report on Business Television's "Market Call"
program with Jim O'Connell at 12:20p ET Thursday. While
the program can be seen live only by those with cable TV
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