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Daily Dispatches
Chinese oil company drops bid for Unocal
Submitted by cpowell on Tue, 2005-08-02 03:00 Section: Daily DispatchesBy Dominic Evens
Reuters
via San Diego Union
Tuesday, August 2, 2005
http://www.signonsandiego.com/news/business/20050802-0023-economy-
gulf-currency.html
RIYADH -- China's revaluation of the yuan is fuelling debate in Gulf
Arab states about the wisdom of fixing their currencies to a weak
U.S. dollar while trading links with Asia and Europe continue to
Ted Butler: The gold and silver secret
Submitted by cpowell on Tue, 2005-08-02 03:00 Section: Daily DispatchesBy Francesco Guerrera
and Joe Levy
Financial Times, London
Tuesday, August 2, 2005
http://us.ft.com/ftsuperpage/superpage.php?
news_id=fto080220051442155071&referrer_id=yahoofinance
HONG KONG -- CNOOC on Tuesday dropped its $18.5 billion for Unocal,
ending the most ambitious takeover attempt by a Chinese company and
leaving Chevron to buy the US energy group for about $17.6bn in cash
Good bids arriving for auction of 1-ounce gold bars at Gold Rush 21
Submitted by cpowell on Tue, 2005-08-02 03:00 Section: Daily DispatchesBy Ted Butler
Investment Rarities
Tuesday, August 2, 2005
http://www.investmentrarities.com/08-02-05.html
As recent commentaries have suggested, the favorable commitment of
traders market structure has resulted in price rallies in gold and
silver. While there has been deterioration in the market structure
since the Tuesday cutoff in the COT report, with tech fund buying
Julian Phillips: Are central banks running out of gold to rig market with?
Submitted by cpowell on Tue, 2005-08-02 03:00 Section: Daily Dispatches11:20p ET Tuesday, August 2, 2005
Dear Friend of GATA and Gold:
Good bids are being received for the 10 1-ounce
Johnson-Matthey gold bars being donated to GATA
by Agnico-Eagle Mines for auction at our Gold
Rush 21 conference in Dawson City, Yukon, from
August 7-9.
Thanks to Samex Mining, co-host of Gold Rush 21
along with Klondike Star Mineral Corp., the minimum
bid stands at $750, which Samex has offered for
Bid for a valuable souvenir of Gold Rush 21
Submitted by cpowell on Mon, 2005-08-01 03:00 Section: Daily Dispatches7:07p ET Sunday, July 31, 2005
Dear Friend of GATA and Gold:
Bloomberg News Service's weekly survey of traders'
views on the gold price, appended here, quotes a
GATA supporter, Paul Yusem of Lombard, Ill., and
a participant in GATA's Gold Rush 21 conference,
Gregory Orrell of Orrell Capital Management in
Livermore, Calif.
The survey also takes note of central bank gold
dishoarding, which, while the primary determinant
Russian central bank''s currency basket reduces dollars, adds euros
Submitted by cpowell on Mon, 2005-08-01 03:00 Section: Daily Dispatches11:44a ET Monday, August 1, 2005
Dear Friend of GATA and Gold:
Even if you weren't able to reserve a spot at GATA's
Gold Rush 21 conference in Dawson City, Yukon,
Canada, from August 7-9, you can bid now for a
valuable souvenir of what we plan to make a historic
event.
Agnico-Eagles Mines Ltd., a sponsor of GR21, is
donating to us 10 Johnson-Matthew numbered
1-ounce gold wafers and we'll be auctioning them
Yuan upvaluation may benefit Canada and Australia more than U.S.
Submitted by cpowell on Sun, 2005-07-31 03:00 Section: Daily Dispatches6:16p ET Saturday, July 30, 2005
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold & Money
Report, founder of GoldMoney, and consultant to
GATA, says in new commentary at the GoldMoney
Internet site that gold is breaking out in terms of
British pounds.
Of course that is, as Turk notes, a special delight
to gold's friends, since it is another repudiation of
British Chancellor Gordon Brown, who began
Bloomberg survey quotes GATA pals and notes central bank dishoarding
Submitted by cpowell on Sun, 2005-07-31 03:00 Section: Daily DispatchesBy Peter Robison
Bloomberg News Service
Monday, August 1, 2005
http://www.bloomberg.com/apps/news?
pid=10000081&sid=aEmftYnKdSP0&refer=australia
Now that China has responded to U.S. pressure to revalue its
currency, there may be some unintended winners: Canadian tourists
and Australian copper miners.
Big beneficiaries may include mining companies from Melbourne-based
James Turk says gold breaks out against British pound; and a correction
Submitted by cpowell on Sat, 2005-07-30 03:00 Section: Daily DispatchesNewmont Says Oil Prices Will Hurt Profits
By The Associated Press
Friday, July 29, 2005
http://biz.yahoo.com/ap/050729/indonesia_newmont_mining.html?.v=1
BATU HIJAU, Indonesia -- U.S.-based mining company Newmont said
Friday that rising oil prices will increase its costs by as much as
US$30 million at its massive copper and gold mine in Indonesia.
Italian prosecutors want to indict banks for market rigging in Parmalat case
Submitted by cpowell on Fri, 2005-07-29 03:00 Section: Daily Dispatches10p ET Thursday, July 28, 2005
Dear Friend of GATA and Gold:
Here's an abbreviated link for the CBSMarketWatch
video interview with GoldMoney founder James Turk:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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