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Daily Dispatches
Can the world be saved from an avalanche of U.S. debt?
Submitted by cpowell on Sat, 2005-07-23 03:00 Section: Daily DispatchesChina Will Remain in Treasury Market;
Analysts Say Yuan Step
Won't Spell End of Dollar Holdings
By Greg Robb
CBSMarketWatch.com
Friday, July 22, 2005
http://www.marketwatch.com/news/story.asp?
siteid=bigcharts&dist=bigchartssnap&guid=%7BDFAF35C6%2D9132%2D461D%
2DA02E%2D7E5CE31924F0%7D
WASHINGTON -- Bond-market participants were wrong to jump to the
Ron Struther notes gold price manipulation; and a correction
Submitted by cpowell on Sat, 2005-07-23 03:00 Section: Daily DispatchesRethinking Globalization:
How Much Longer Can the U.S. Keep Borrowing?
By Clyde Prestowicz
Chicago Tribune
Tuesday, July 19, 2005
http://www.chicagotribune.com/news/opinion/chi-
0506190012jun19,0,1185180.story
With the U.S. economy needing $2 billion daily in loans from the
central banks of China and Japan and the White House demanding that
John Mauldin: Those clever Chinese
Submitted by cpowell on Sat, 2005-07-23 03:00 Section: Daily Dispatches12:51p ET Saturday, July 23, 2005
Dear Friend of GATA and Gold:
Ron Struther of Struther's Resource and Tech Report
comments at length in his July 12 edition about
central bank manipulation of the gold and currency
markets. You can find his analysis here:
http://www.playstocks.net/July-LSG.htm
And a correction to GATA's press release of Friday
GATA hits paydirt: Gold Rush 21 is sold out
Submitted by cpowell on Fri, 2005-07-22 03:00 Section: Daily Dispatches7:21p ET Thursday, July 21, 2005
Dear Friend of GATA and Gold:
Peter Grandich of The Grandich Letter elaborates on
his recent support for GATA in yesterday's edition of
the letter, which you can find here:
http://www.grandich.com/docs/GL_07-20-05.pdf
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
----------------------------------------------------
China will remain in Treasury market, some economists say
Submitted by cpowell on Fri, 2005-07-22 03:00 Section: Daily DispatchesGATA Press Release
via Business Wire
Friday, July 22, 2005
WHITEHORSE, Yukon, Canada -- The Gold-Anti Trust
Action (GATA) Committee announced today that space at
China switches currency link from dollar to basket of currencies
Submitted by cpowell on Thu, 2005-07-21 03:00 Section: Daily DispatchesBy Bill King
The King Report
M. Ramsey King Securities
www.thekingreport.com
Wednesday, July 20, 2005
Buried in Sunday's Wall Street Journal, Section D,
Page 2, is a frightening article with immutable
math.Despite extremely low interest rates,
consumers are paying a record amount of disposal
income to service debt.Fifty percent of consumer
and 26 percent of mortgage debt is variable.
Jim Sinclair: China''s currency change means less buying of U.S. Treasuries
Submitted by cpowell on Thu, 2005-07-21 03:00 Section: Daily DispatchesBy Stephanie Hoo
Associated Press
Thursday, July 21, 2005
http://news.yahoo.com/s/ap/20050721/ap_on_bi_ge/china_currency;_ylt=A
lrDyiFQ0gh1_Q.jDWBrZfGs0NUE;_ylu=X3oDMTA3b2NibDltBHNlYwM3MTY-
BEIJING -- China dropped its politically volatile policy of linking
its currency to the U.S. dollar but retained controls on its
Peter Grandich elaborates on his new support for GATA
Submitted by cpowell on Thu, 2005-07-21 03:00 Section: Daily DispatchesBy Jim Sinclair
JSMineset.com
Thursday, July 21, 2005
Today the Chinese opted to float the yuan within a specific range
against a basket of currencies, effectively breaking its tie solely
with the U.S. dollar.
The Chinese have not yet disclosed the constituent items and
percentages of those items in the basket of currencies which the
yuan will float against.
This is an undeniable move away from the dollar and will effect the
Ted Butler: Another setup
Submitted by cpowell on Tue, 2005-07-19 03:00 Section: Daily DispatchesGold liberalisation measures are key to India
By Sangita Shah
Financial Express, New Delhi
Monday, July 18, 2005
http://www.financialexpress.com/fe_full_story.php?content_id=96760
India is sitting on a "gold" mine and it has the potential to be
world's largest gold trading center. Everybody acknowledges this,
When the bills come due, then what?
Submitted by cpowell on Tue, 2005-07-19 03:00 Section: Daily DispatchesBy Theodore Butler
InvestmentRarities.com
Tuesday, July 19, 2005
What has been the most reliable of guides to short-term moves in
gold and silver, the market structure approach of the commitment of
traders (COT), continues in its remarkable dependability. Maybe
someday we will have to disregard the message of the COTs, but that
day has not yet arrived.
The most recent COT report, as well as extrapolations from the
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