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Daily Dispatches
China''s president brings gift to Washington: big gain in yuan''s exchange rate
Submitted by cpowell on Wed, 2006-04-19 03:00 Section: Daily Dispatches7:55a ET Wednesday, April 19, 2006
Dear Friend of GATA and Gold:
GoldMoney's James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA,
offers a meditation on the failure of the U.S.
Federal Reserve to keep interest rates ahead of
inflation. You can find Turk's essay, "When Will
the Fed Stop?," at Kitco here:
Ted Butler says silver shorts are looking like cornered rats
Submitted by cpowell on Tue, 2006-04-18 03:00 Section: Daily Dispatches10p ET Monday, April 17, 2006
Dear Friend of GATA and Gold:
Canada's ROB-TV almost became GATA-TV today,
first interviewing hedge fund manager Otto Spork,
a major GATA supporter who attended Gold Rush
21, and then Sprott Asset Management's chief
investment strategist -- better known simply as
Our Hero -- John Embry. Spork, Embry, and ROB-TV
may just be enough to beat PPT-TV.
You can watch them for one week at the ROB-TV
Rob Kirby: An ode to the 200-day moving average
Submitted by cpowell on Tue, 2006-04-18 03:00 Section: Daily Dispatches5:18p ET Tuesday, April 18, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler notes a change in
the behavior of the big shorts on the commodities
exchange. His new commentary is aptly titled "A
Cornered Rat" and you can find it at GoldSeek's
companion site, SilverSeek, here:
ROB-TV interviews GATA partisans Otto Spork and John Embry
Submitted by cpowell on Mon, 2006-04-17 03:00 Section: Daily Dispatches3:13p ET Sunday, April 16, 2006
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, today
issued a new commentary about gold's price, "Hurdling
New Barriers," which can be found in the "Founder's
Commentary" section at the top left of the GoldMoney
home page here:
James Turk: Gold hurdles new barriers
Submitted by cpowell on Sun, 2006-04-16 03:00 Section: Daily DispatchesLone Chilean Prospector Fights Giant
for $10 billion Andean Gold Mine
Barrick paid just 10.89 to Rodolfo Villar for land around its
massive gold find. But a court could make this a bad deal for the
Canadians
By Hugh O'Shaughnessy
The Independent, London
Sunday, April 16, 2006
http://news.independent.co.uk/business/news/article357893.ece
Lone prospector has a case against Barrick for huge Chilean gold mine
Submitted by cpowell on Sat, 2006-04-15 03:00 Section: Daily DispatchesGold Rush? You Bet Your Bottom Bollar -- and Euro
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, April 13, 2006
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=MDGNSAADLJSV1Q
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Wall Street Journal puts gold on Page 1 but mostly gives central banks a pass
Submitted by cpowell on Wed, 2006-04-12 03:00 Section: Daily DispatchesU.K. Sets Fine for Deutsche Bank
By Alistair MacDonald
The Wall Street Journal
Wednesday, April 12, 2006
LONDON -- Deutsche Bank AG was fined 6.4 million ($11.1 million) by
Britain's markets regulator for misleading investors after its
proprietary-trading operations boosted two stock sales being handled
by the big German bank.
The fine, the third-largest ever levied by the Financial Services
Phillip Barton: The fundamental difference in gold''s favor this time
Submitted by cpowell on Wed, 2006-04-12 03:00 Section: Daily DispatchesBehind 25-Year High for Gold:
Changes From Ground to Market
Technology and Strong Demand
Alter Its Odd Economics;
Inside a Secret Vault
Trading In Jewelry for Cash
By E.S. Browning
The Wall Street Journal
Wednesday, April 12, 2006
After gold soared above $500 an ounce a few months ago, tub after
plastic tub of gold jewelry from the Middle East and India began
arriving at Darren Morcombe's refinery in southern Switzerland. In a
Gold Fields Mineral Service is the last to notice what''s happening with gold
Submitted by cpowell on Wed, 2006-04-12 03:00 Section: Daily Dispatches8:30p ET Wednesday, April 12, 2006
Dear Friend of GATA and Gold:
Phillip Barton, a pension fund trustee in Australia,
has put together a compelling speculation on the
future of the U.S. dollar and gold, "The Fundamental
Difference."
Barton writes:
"What the Fed does now with interest rates is of no
real consequence except perhaps in affecting the
chronology of the impending crisis. In any case, long-
The monetary resistance is active in upstate New York
Submitted by cpowell on Wed, 2006-04-12 03:00 Section: Daily DispatchesGold's Bull Run Could Reach $850
By Chris Flood
Financial Times, London
Wednesday, April 12, 2006
http://news.ft.com/cms/s/b5dca1a8-ca13-11da-852f-0000779e2340.html
The current bull run for gold could push prices above the 1980
record high of $850 a troy ounce, according to the Gold Survey 2006
from GFMS, the precious metals consultancy.