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Daily Dispatches
James Turk bids goodbye to M3 and the Fear Index
Submitted by cpowell on Mon, 2006-04-03 03:00 Section: Daily DispatchesBy Rebecca Bream
Financial Times, London
Sunday, April 2, 2006
Bobby Godsell, chief executive of AngloGold Ashanti, predicted that
worldwide gold production would stagnate, then fall in the coming
years as large deposits of the precious metal become scarce.
He said this would support the rally in the gold price, which last
week hit a 25-year high of $588 per ounce.
The South African company, the world's third biggest gold producer,
James Turk: More bull-market confirmations for gold and silver
Submitted by cpowell on Sun, 2006-04-02 04:00 Section: Daily DispatchesFrom Islamic Republic News Agency
Friday, March 31, 2006
http://www.irna.ir/en/news/view/menu-237/0604017358084243.htm
TEHRAN -- An informed source in Central Bank of Iran on Friday
denied the news published in a Swiss daily on withdrawal of 250 tons
of Iran's gold reserves from that country's Credit Bank.
The Central Bank official, who spoke on condition of anonymity, told
Iran denies withdrawing gold from Switzerland
Submitted by cpowell on Sat, 2006-04-01 03:00 Section: Daily Dispatches5:29p ET Friday, March 31, 2006
Dear Friend of GATA and Gold:
Peter Grandich's investment letter for today is headlined
"Take No Prisoners" and, perhaps in that spirit, has
some imaginative things to say about GATA Chairman Bill
Murphy, as well as some quite sober things to say about
the precious metals and mining stocks. You can find the
Grandich Letter at GoldSeek here:
No more European Central Bank gold sales for six months
Submitted by cpowell on Fri, 2006-03-31 03:00 Section: Daily Dispatches10:10p ET Thursday, March 30, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler is surprised but not
disappointed that the exchange-traded fund for silver
has been approved by the U.S. Securities and Exchange
Commission. His new commentary is headlined "Signed,
Sealed, Delivered?" and you can find it at GoldSeek's
companion site, SilverSeek, here:
Grandich Letter: Take no prisoners
Submitted by cpowell on Fri, 2006-03-31 03:00 Section: Daily DispatchesBy Steve Whitehouse
AFX News
March 31, 2006
http://www.forbes.com/markets/feeds/afx/2006/03/31/afx2636295.html
FRANKFURT -- The European Central Bank said it has sold 57 tons of
gold as part of the 2004 central bank gold sales agreement.
But it said it does not plan any further gold sales in the next six
months.
Turk has his gold-silver chart; GATA has Dick Powell singing about it
Submitted by cpowell on Thu, 2006-03-30 03:00 Section: Daily DispatchesPrestowitz Urges Koizumi
To Call for 'Plaza Accord II' at G-8
From Kyodo News Agency
Tuesday, March 28, 2006
http://asia.news.yahoo.com/060328/kyodo/d8gki7284.html
Japanese Prime Minister Junichiro Koizumi should take the lead at a
Group of Eight meeting in calling for a "Plaza Accord II," former
U.S. trade negotiator Clyde Prestowitz said Tuesday.
Eckart Woertz: Time for Gulf economies to increase gold reserves
Submitted by cpowell on Thu, 2006-03-30 03:00 Section: Daily Dispatches8:47a ET Thursday, March 30, 2006
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has recast his chart of the gold-silver price
ratio and concludes that "there is just too much
momentum underpinning the metals for them to stop
now."
Turk adds: "After all, what would you rather own?
Gold/silver or paper? Sound money or a rapidly
President''s new chief of staff wants Goldman Sachs CEO as Treasury secretary
Submitted by cpowell on Thu, 2006-03-30 03:00 Section: Daily DispatchesBy Eckart Woertz
The Daily Star, Beirut
Thursday, March 30, 2006
http://www.dailystar.com.lb/article.asp?
edition_id=10&categ_id=3&article_id=23341
The prospect of selling oil for inflated dollars should send Middle
Eastern central banks to the logical hedge commodity: gold
There is no doubt that gold is regaining its luster as an asset
The strong-dollar policy turns up again
Submitted by cpowell on Thu, 2006-03-30 03:00 Section: Daily DispatchesChief of Staff Is Expected
to Shake Up 2 Key Teams
By Elisabeth Bumiller
The New York Times
Thursday, March 30, 2006
http://www.nytimes.com/2006/03/30/politics/30bush.html?
_r=1&oref=slogin
WASHINGTON, March 29 -- Joshua B. Bolten, the incoming White House
chief of staff, is expected to press President Bush to assemble new
Gold ETF sponsor sets sights on Asia for round-the-clock trading
Submitted by cpowell on Thu, 2006-03-30 03:00 Section: Daily DispatchesTreasury Repeats that Strong Dollar is in U.S. Interest
From Reuters
Thursday, March 30, 2006
http://today.reuters.com/investing/financeArticle.aspx?
type=bondsNews&storyID=2006-03-
30T160150Z_01_WAT005179_RTRIDST_0_ECONOMY-DOLLAR-URGENT.XML
WASHINGTON -- A U.S. Treasury spokesman repeated on Thursday that a
strong dollar was in the U.S. interest and said that currency values