You are here
Daily Dispatches
New chief of Bundesbank casts doubt over German gold sales
Submitted by cpowell on Thu, 2004-06-24 03:00 Section: Daily DispatchesBy Ted Butler
Tuesday, June 22, 2004
The market structure in the COMEX metals (gold,
copper. and silver) remains intact and exceedingly
bullish. The latest Commitments of Traders Report
(COT) confirms the commercial dealers have fled
the short side in all three in unusual amounts. The
big concentrated commercial traders have their
smallest net short positions in recent times. While
no one can predict the exact day of liftoff to the
Richard Russell: Sit tight in cash, gold, and gold shares
Submitted by cpowell on Thu, 2004-06-24 03:00 Section: Daily DispatchesBy Laura Humble
Bloomberg News Service
Thursday, June 24, 2004
http://quote.bloomberg.com/apps/news?
pid=10000086&sid=aJ3k1VbA1_Mk&refer=latin_america
LONDON -- Gold gained in London as the dollar weakened
against the euro and yen, making the dollar-denominated
metal more attractive as an alternative investment.
The dollar fell after reports of attacks in Iraq before the
James Turk: The Fed is trying to talk inflation away
Submitted by cpowell on Tue, 2004-06-22 03:00 Section: Daily Dispatches10:50p ET Sunday, June 20, 2004
Dear Friend of GATA and Gold:
Encouraging commentaries by Clive Maund and Richard
Russell have been posted at 321Gold.
Maund's is here:
http://www.321gold.com/editorials/maund/maund062104.html
Russell's is here:
http://www.321gold.com/editorials/russell/russell062104.html
Chinese bank begins physical gold trade in Beijing and plans expansion
Submitted by cpowell on Tue, 2004-06-22 03:00 Section: Daily Dispatches8:19a ET Tuesday, June 22, 2004
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold & Money
Report, proprietor of GoldMoney.com, and consultant
to GATA, writes that the Federal Reserve's
propaganda about inflation -- it's not a problem --
doesn't match the data. You can find Turk's
analysis in the "Founder's Commentary" box at the
top left of the GoldMoney home page here:
Ted Butler: Report shows metals dealers closing their short positions
Submitted by cpowell on Tue, 2004-06-22 03:00 Section: Daily DispatchesBank eyes consumer gold rush
By Liu Jie
China Daily, Beijing
Wednesday, June 23, 2004
http://www.chinadaily.com.cn/english/doc/2004-06/23/content_341679.htm
Beijingers yesterday became able to buy and sell gold
bars at a bank, opening a convenient and flexible new
investment tool to help citizens manage their assets.
''Midas'' commentary for June 18 posted in the clear at GoldSeek
Submitted by cpowell on Sun, 2004-06-20 03:00 Section: Daily Dispatches4p ET Saturday, June 19, 2004
Dear Friend of GATA and Gold:
GoldMoney proprietor James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, has gotten
out his charts again and concludes that gold is building
a base for a run beyond $400. You can find Turk's analysis
in the "Founder's Commentary" box at the top left of the
GoldMoney home page here:
Encouraging commentaries by Clive Maund and Richard Russell
Submitted by cpowell on Sun, 2004-06-20 03:00 Section: Daily Dispatches9:15p ET Sunday, June 20, 2004
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for
Friday at LeMetropoleCafe.com has been posted in the
clear at GoldSeek here:
http://news.goldseek.com/LemetropoleCafe/1087791851.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
James Turk: Gold is building a base for a run beyond $400
Submitted by cpowell on Sat, 2004-06-19 03:00 Section: Daily Dispatches8:30a ET Wednesday, June 16, 2004
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler's new commentary
observes that nothing bad like international
financial collapse has to happen for the price of
silver to soar. You can find it at the Investment
Rarities site here:
Ted Butler: Nothing bad has to happen for silver to soar
Submitted by cpowell on Wed, 2004-06-16 03:00 Section: Daily Dispatches8:18a PT Sunday, June 13, 2004
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the Freemarket
Gold & Money Report and proprietor of GoldMoney,
predicts that China soon will let its highly managed
currency, the yuan, rise in value against the dollar,
very possibly in October, and that this will make gold
look like an awfully good buy in China. You can find
Turk's analysis in the "Founder's Commentary" box
James Turk: China likely to let yuan rise soon, making gold cheaper there
Submitted by cpowell on Sun, 2004-06-13 03:00 Section: Daily Dispatches3:53p PT Saturday, June 12, 2004
Dear Friend of GATA and Gold:
Thanks to our friend Sean Corrigan of Sage Capital in
Zurich for discovering a most remarkable document
from 1930 -- a McGill University economics professor's
speech to the Empire Club of Toronto (which is still
going strong) about the plan then pending for the Bank
for International Settlements.
The professor, John Percival Day, remarks that the