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Daily Dispatches
Prepare for dollar collapse, Asian Development Bank warns
Submitted by cpowell on Tue, 2006-03-28 03:00 Section: Daily Dispatches11:56p ET Sunday, March 26, 2006
Dear Friend of GATA and Gold:
Alex Wallenwein, editor and publisher of the Euro vs.
Dollar Currency War Monitor, reflects on Reg Howe's
essay on the admission of the Bank for International
Settlements that it facilitates the rigging of the gold
market. You can find Wallenwein's essay -- "Reg
Howe's BIS Gold Shocker, and What It Means to
You" -- at SafeHaven.com here:
Credit investors ponder a GM-sized hole in the financial universe
Submitted by cpowell on Tue, 2006-03-28 03:00 Section: Daily DispatchesFrom Agence France-Presse
via AlJazeera.net
Tuesday, March 28, 2006
http://english.aljazeera.net/NR/exeres/50B0028B-B417-4FDE-866C-
842CB3280A4F.htm
East Asian economies need toprepare for a possible collapse of the
US dollar, the Asian Development Bank says.
The warning comes as the US trade deficit reaches a record high and
Penoles increases silver price outlook and will buy more silver concentrate
Submitted by cpowell on Tue, 2006-03-28 03:00 Section: Daily DispatchesBy David Wigan
Reuters
Tuesday, March 28, 2006
http://today.reuters.com/business/newsarticle.aspx?
type=ousiv&storyID=2006-03-
28T111300Z_01_L27514894_RTRIDST_0_BUSINESSPRO-MARKETS-AUTOS-GM-DC.XML
LONDON -- Like the elephant in the living room, the decline of
General Motors is a problem that investors don't want to think about
Howe and Landis: Now they tell us -- BIS confirms rigging gold prices
Submitted by cpowell on Sun, 2006-03-26 03:00 Section: Daily DispatchesBy Bill Bonner
DailyReckoning.com
Friday, March 24, 2006
http://www.dailyreckoning.com/Issues/2006/DRUS032406.html
"How do they do it?" asked an American visitor earlier this week.
How do they pay their bills? How can they afford to live in London?
Americans can stop worrying. The empire may be in decline, but
Bank of China executive urges trading dollars for euros and gold
Submitted by cpowell on Sun, 2006-03-26 03:00 Section: Daily Dispatches11:21a ET Sunday, March 26, 2006
Dear Friend of GATA and Gold:
With a new essay, "Now They Tell Us: BIS Confirms
Rigging Gold Prices," Golden Sextant proprietors
and GATA consultants Reginald H. Howe and Robert
K. Landis claim vindication for Howe's lawsuit
against the Bank for International Settlements in
2000, which, while eventually dismissed on a
jurisdictional technicality, began the exposure
John Embry: Gold''s volatility shows weakening of price-suppression scheme
Submitted by cpowell on Sun, 2006-03-26 03:00 Section: Daily DispatchesFrom Reuters
Monday, March 27, 2006
http://today.reuters.com/investing/financeArticle.aspx?
type=bondsNews&storyID=2006-03-
27T022935Z_01_PEK157569_RTRIDST_0_ECONOMY-CHINA-RESERVES.XML
BEIJING -- China should use part of its fast-growing foreign
exchange reserves to buy gold as it seeks to adjust the asset mix to
hedge against risk, a Bank of China official was quoted on Monday as
Alex Wallenwein: Reg Howe''s BIS gold shocker and what it means to you
Submitted by cpowell on Sun, 2006-03-26 03:00 Section: Daily Dispatches11:48p ET Sunday, March 26, 2006
Dear Friend of GATA and Gold:
Sprott Asset Management's chief investment strategist,
John Embry, has written an essay for Investor's Digest
arguing that the return of volatility to the gold market
indicates that the gold price suppression scheme is
losing control. You can find the essay, "Reappearance
of Volatility is a Good Sign for Gold," at Sprott's
Bill Bonner: Selling gold was worst trade of the decade
Submitted by cpowell on Sat, 2006-03-25 03:00 Section: Daily DispatchesChina's gold reserves double in value
By Peter Klinger
The Times, London
Saturday, March 25, 2006
http://business.timesonline.co.uk/article/0,,13132-2102426,00.html
China has put Gordon Brown's investment philosophy to shame by
enjoying a near-doubling of the value of its gold reserves.
The people's republic has gold reserves worth $10.8 billion (6.2
CBSMarketWatch surveys analysts on impact of likely silver ETF
Submitted by cpowell on Fri, 2006-03-24 03:00 Section: Daily DispatchesGold: Historic Spike Ahead?
It is common knowledge that the British government sold more than
half of the nation's gold reserves at the bottom of the market in
mid-1999. It's less well-known why.
By Brian Durrant
DailyReckoning.com
Wednesday, March 22, 2006
http://www.dailyreckoning.co.uk/article/220320061.html
The Treasury sold 395 tonnes of gold from July 1999 to March 2002 at
Dollar loses clout in bullion market
Submitted by cpowell on Fri, 2006-03-24 03:00 Section: Daily DispatchesSilver Soars on ETF, But Will Luster Last?
By Myra P. Saefong
CBSMarketWatch
Friday, March 24, 2006
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7B64DDD031%
2DBF2F%2D454E%2D87AF%2D01F5F34B04BA%7D&siteid=mktw&dist=
SAN FRANCISCO -- Prospects of an exchange-traded fund have pushed
futures prices for silver to a more than two-decade high, but the