You are here
Daily Dispatches
Peter Brimelow: Dollar bulls battle dollar bears
Submitted by cpowell on Mon, 2004-02-23 03:00 Section: Daily DispatchesBy Faisal Islam
The Observer, London
Sunday, February 22, 2004
a href=http://observer.guardian.co.uk/business/story/0,6903,1153155,00.htmlhttp...
Asian central banks are quietly moving away from holding
the U.S. dollar in their foreign exchange reserves, suggesting
further weakness in the value of the greenback this year.
Three Silver Letters to the Powers That Be
Submitted by cpowell on Mon, 2004-02-23 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, February 23, 2004
NEW YORK -- I've grouched periodically that investment
letters, unusually like Wall Street in this respect,
don't pay enough attention to the U.S. dollar exchange
rate.
Friday's dollar bounce, and gold's bust, looked like a
textbook case of Mark Hulbert's point that the greenback
and gold are inversely correlated.
And as it happens, there's notably more dollar optimism
Staring into the mouth of the trade deficit: The view from Seattle
Submitted by cpowell on Sun, 2004-02-22 03:00 Section: Daily Dispatches3p ET Saturday, February 21, 2004
Dear Friend of GATA and Gold:
Alex Wallenwein, editor and publisher of the Euro Vs.
Dollar Currency War Monitor, has a new commentary
arguing that quot;gold is not a good investment.quot; This is
not to argue that you shouldn't have as much gold as
you can get, but rather that it should not be
accumulated with the intent of quickly converting it
back into cash, or what commonly is considered cash.
Jim Sinclair: Yen rally will be short because it''s political death for Bush
Submitted by cpowell on Sun, 2004-02-22 03:00 Section: Daily DispatchesBy Elizabeth Becker
The New York Times
Saturday, February 21, 2004
a href=http://www.nytimes.com/2004/02/21/business/21trade.htmlhttp://www.nytime...
SEATTLE -- Huge container ships steam into this port
every day loaded with clothes and shoes, furniture and
video games, electronics and aircraft parts made in
Asia.
On their return trip, those same ships often cross the
A defense of Japan''s massive currency intervention
Submitted by cpowell on Sat, 2004-02-21 03:00 Section: Daily DispatchesBy Myra Saefong
CBSMarketWatch.com
Friday, February 20, 2004
a href=http://www.marketwatch.com/news/yhoo/story.asp?http://www.marketwatch.co...
source=blq/yhooamp;siteid=yhooamp;dist=yhooamp;guid=%7BD07D25C5%2D82CE%2D45BB%
2DA1A2%2D817F979BE8DD%7D
SAN FRANCISCO -- Gold futures fell as much as $16 an
ounce Friday, closing at a three-month low as a
heightened terror alert in Japan boosted the U.S. dollar
When you make money in gold, what else is there to cash out into?
Submitted by cpowell on Sat, 2004-02-21 03:00 Section: Daily Dispatches1:10p ET Saturday, February 21, 2004
Dear Friend of GATA and Gold:
Here's an incisive view from Japan of currency market
manipulation and the political strategy behind it --
a defense of Japanese government policy. This analysis
doesn't much address the question of what Japan and
China will have when their foreign exchange reserves
of U.S. dollars have depreciated to almost nothing,
along with their own currencies. Maybe Japan and China
Intervention triggers massive short covering, Sinclair reports
Submitted by cpowell on Fri, 2004-02-20 03:00 Section: Daily Dispatches9:14p ET Thursday, February 19, 2004
Dear Friend of GATA and Gold:
GATA would be very grateful if its friends posted its
dispatches at Internet bulletin boards and other
public places so that we might grow our e-mail list
and advance faster the cause of gold, silver, and
free markets in the precious metals and currencies.
Signup information for our e-mail list is appended
to every dispatch, and that's what we're looking to
Gold/currency analysts quoted on Friday''s action by CBSMarketWatch
Submitted by cpowell on Fri, 2004-02-20 03:00 Section: Daily Dispatches8:11p ET Friday, February 20, 2004
Dear Friend of GATA and Gold:
After GATA Chairman Bill Murphy's quot;Midasquot; commentary
at LeMetropoleCafe.com, you'll want to read Jim
Sinclair's commentary for tonight, quot;Intervention
Triggers Massive Short Coveringquot; here:
a href=http://www.jsmineset.com/http://www.jsmineset.com//a
Appended is a Reuters story quoting comments about
Spend an evening learning from Richard Russell
Submitted by cpowell on Thu, 2004-02-19 03:00 Section: Daily DispatchesGOLD ANTI-TRUST ACTION COMMITTEE
Eliot Spitzer, Attorney General
State of New York
120 Broadway Avenue
New York, NY 10271
February 19, 2004
Dear Attorney General Spitzer:
I have enclosed a beautiful silver eagle coin in this express mail
delivery in an effort to get your attention regarding the
manipulation of the silver market. What you do or don't do in the
weeks and months ahead could have enormous impact on the
Another great report from silver country by David Bond
Submitted by cpowell on Thu, 2004-02-19 03:00 Section: Daily Dispatches8:56p ET Thursday, February 19, 2004
Dear Friend of GATA and Gold:
You don't often get to spend an evening being
taught by the great market analyst Richard
Russell, proprietor of Dow Theory Letters. But,
thanks to Gold-Eagle, tonight you do, complete
with charts, for free, here:
a href=http://www.gold-eagle.com/gold_digest_04/russell021904.htmlhttp://www.go...
Pages
