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Daily Dispatches
James Cook of Investment Rarities interviews Ted Butler
Submitted by cpowell on Wed, 2005-01-26 03:00 Section: Daily DispatchesFrom Reuters
Tuesday, January 25, 2005
http://www.reuters.com/financeNewsArticle.jhtml?
type=bondsNews&storyID=7425896
WASHINGTON -- The U.S. dollar will see an orderly decline
over the next two years, the Congressional Budget Office
said in a report on Tuesday.
"CBO expects that the exchange value of the dollar will
Frank Holmes says emerging markets will drive gold and other metals higher
Submitted by cpowell on Wed, 2005-01-26 03:00 Section: Daily DispatchesTuesday, January 25, 2005
InvestmentRarities.com
Cook: Since we teamed, up silver has doubled in price. You
have suggested a much bigger increase. Could this be all
we're going to get?
Butler: No. Without putting too fine of a timeline on it, I think
we're just getting started. There are still many, many dollars
to the upside from here. In some ways, silver is a much
better buy here than it was at lower prices a while back.
Hunt brothers'' silver move was meant to protect their oil business
Submitted by cpowell on Wed, 2005-01-26 03:00 Section: Daily Dispatches2:34a ET Wednesday, January 26, 2005
Dear Friend of GATA and Gold:
Resource Investor has a good account of the remarks
made to the Vancouver Resources Investment
Conference by Frank Holmes of U.S. Global Investors,
who predicted that emerging markets will drive prices
of gold and other metals substantially higher over the
next five years.
Holmes also denounced the recent rash of attempts
Dollar''s weakness is main topic in Davos but U.S. really isn''t listening
Submitted by cpowell on Wed, 2005-01-26 03:00 Section: Daily DispatchesBy Tom Dyson
DailyReckoning.com
Wednesday, January 26, 2005
http://www.dailyreckoning.com/RudeAwake/Articles/Bunkered.html
"I was just trying to make some money."
That's what Bunker Hunt said to his sister having just
bankrupted one of America's richest families. It took him
just three months to lose a multi-billion dollar fortune.
U.S. law still may authorize seizure of gold and silver; GATA queries Treasury
Submitted by cpowell on Wed, 2005-01-26 03:00 Section: Daily DispatchesBy Mark Landler
The New York Times
Thursday, January 27, 2005
http://www.nytimes.com/2005/01/27/business/worldbusiness/27econ.html?
DAVOS, Switzerland, Jan. 26 -- Two things were as clear as the Alpine
air on the opening day of the World Economic Forum on Wednesday: The
relentlessly sinking dollar is Topic A, and anyone hoping for an
More efforts to talk the dollar up and the euro down
Submitted by cpowell on Tue, 2005-01-25 03:00 Section: Daily DispatchesBy Joshua Krongold
Bloomberg News Service
Monday, January 24, 2005
http://www.bloomberg.com/apps/news?
pid=10000103&sid=aHYMqgZrs7ys&refer=us
NEW YORK -- Central banks are reducing their holdings of
dollars in favor of the euro, according to a survey of 65
central banks, extending a three-year trend identified by
the International Monetary Fund.
Financial Times: Dollar is at the mercy of central banks
Submitted by cpowell on Mon, 2005-01-24 03:00 Section: Daily Dispatches5:24p PT Sunday, January 23, 2005
Dear Friend of GATA and Gold:
In a few minutes at the Vancouver Resources Investment
Conference, GATA will announce plans for a gold
conference of its own from which, we hope, will arise a
new mobilization of the precious metals mining industry.
The GATA conference will be called Gold Rush 21; it
will be held in August in Dawson City, Yukon Territory,
Central banks shifting out of dollars, poll finds
Submitted by cpowell on Mon, 2005-01-24 03:00 Section: Daily DispatchesBy Chris Giles
Economics Editor
Financial Times, London
Monday, January 24, 2005
http://news.ft.com/cms/s/bd52ee06-6dad-11d9-ae0d-00000e2511c8.html
During the past few years the United States has become
dependent not so much on millions of investors around
the globe but on a few individuals in a few of the world's
Most central banks say they''re shifting dollars into euros
Submitted by cpowell on Mon, 2005-01-24 03:00 Section: Daily DispatchesFrom BBC News
Monday, January 24, 2005
http://news.bbc.co.uk/1/hi/business/4200811.stm
Many of the world's central banks are starting to look to the
euro to fill their currency reserves instead of the dollar, a
survey suggests. The poll, carried out by Central Banking
Publications, found 39 nations of the 65 surveyed raising
their euro holdings, with 29 cutting back on the U.S. dollar.
GATA announces Gold Rush 21 conference for August in the Klondike
Submitted by cpowell on Sun, 2005-01-23 03:00 Section: Daily Dispatches5:35p PT Friday, January 21, 2005
Dear Friend of GATA and Gold:
A couple of things especially worth reading tonight....
Marshall Auerback of PrudentBear.com examines
Argentina's experience to show how the International
Monetary Fund is mainly the insurance company for
big international banks, protecting them against
their own stupidity and rapaciousness, and should
be abolished. His analysis, "Abolish the IMF," can