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Daily Dispatches
Peter Brimelow: Are the gold cranks winning?
Submitted by cpowell on Mon, 2005-12-12 03:00 Section: Daily Dispatches8:42a ET Monday, December 12, 2005
Dear Friend of GATA and Gold:
Examining the sharply rising price of gold, Moneyweb's
Alec Hogg speculates that maybe GATA has had
something to do with it. Hogg's commentary, "All the
Eights Still Surging for Gold," can be found here:
Reg Howe: Decline in derivatives signals central banks'' retreat with gold
Submitted by cpowell on Mon, 2005-12-12 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, December 12, 2005
http://www.marketwatch.com/news/story.asp?guid=%7BC0FD3D7D%2DB309%
2D4F9F%2D99D7%2DED86A002EAD2%7D&;siteid=mktw
NEW YORK -- Gold gaps upward -- and the explanation may be alarming.
The Tokyo Commodity Exchange closed its Monday session (9 p.m. EST)
Another brilliant central bank is chided for unloading its gold too cheaply
Submitted by cpowell on Mon, 2005-12-12 03:00 Section: Daily Dispatches9:11p ET Monday, December 12, 2005
Dear Friend of GATA and Gold:
Gold market analyst Reginald H. Howe, partner
in Golden Sextant Advisors and consultant to
GATA, has analyzed the sharp reduction in gold
derivatives just reported by the Bank for
International Settlements and has concluded
that central banks now are working to reduce
the gold short positions of their clients, the
bullion banks, thus allowing the gold price to
James Turk: Fundamental and technical analysis are on gold''s side
Submitted by cpowell on Sun, 2005-12-11 03:00 Section: Daily Dispatches12:48p ET Saturday, December 10, 2005
Dear Friend of GATA and Gold:
The following essay by Michael Kosares, proprietor of
Centennial Precious Metals in Denver, is adapted from
his comments posted today at the firm's invaluable
Internet site discussion group, the USAGold Forum.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
By Michael Kosares
Centennial Precious Metals, Denver
Bill Murphy: Gold cartel has lost control
Submitted by cpowell on Sun, 2005-12-11 03:00 Section: Daily Dispatches5:55p ET Sunday, December 11, 2005
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, argues in
new analysis posted at the GoldMoney Internet site that
gold's bull market is just beginning.
He concludes: "Fundamental analysis indicates that gold
is undervalued. Technical analysis indicates that gold is
Financial Times indicates big changes in London''s gold thinking
Submitted by cpowell on Sat, 2005-12-10 03:00 Section: Daily DispatchesLustrous Gold Outshines the Big Currencies
By John Dizard
Financial Times, London
Friday, December 9, 2005
http://news.ft.com/cms/s/5a4fecfe-6858-11da-bfce-0000779e2340.html
The dramatic rise in the gold price over the past two weeks caught
even the gold bulls by surprise. Many in the slowly growing ranks of
John Dizard in the Financial Times: Gold knows that all those debts are no good
Submitted by cpowell on Fri, 2005-12-09 03:00 Section: Daily DispatchesBy Kevin Morrison
Financial Times, London
Wednesday, December 7, 2005
news.ft.com/cms/s/b50079a8-6712-11da-a650-0000779e2340.html
Gold rose to a 24-year high on Wednesday, touching $516.50 a troy
ounce on Japanese private investor buying as well as benefiting from
the flow of investment funds into commodities markets, which has
pushed many metal prices to record peaks.
Paul Merrick, vice president commodities at RBC Capital, said the
Murphy''s ''Midas'' commentary posted in the clear at GoldSeek
Submitted by cpowell on Thu, 2005-12-08 03:00 Section: Daily Dispatches11p ET Wednesday, December 7, 2005
Dear Friend of GATA and Gold:
Dimitri Speck, perhaps the first to document
statistically the use of the New York Comex
market to suppress the price of gold through
the use of futures contracts, addressed the
International Precious Metals and Commodities
Fair in Munich last month. He read his study,
"Price Anomalies in the Gold Market," and it
Peter Grandich keeps getting quoted nailing gold shorts
Submitted by cpowell on Thu, 2005-12-08 03:00 Section: Daily Dispatches12:41a ET Thursday, December 8, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for
Wednesday, December 7, at LeMetropoleCafe.com,
"Battered at Waterloo, Stunned Gold Cartel Stares
at Pearl Harbor," has been posted in the clear at
GoldSeek here:
Financial Times notes ''significant buyer'' of gold, maybe a central bank
Submitted by cpowell on Thu, 2005-12-08 03:00 Section: Daily DispatchesGold Climbs Near 23-Year High;
Silver Nears $9; Amex Gold Bugs Index at a Record
By Myra P. Saefong
CBSMarketWatch
Wednesday, December 7, 2005
http://www.marketwatch.com/news/story.asp?guid=94E493CE-7F0D-4B0A-
9A70-6A79802EA381&doctype=103
SAN FRANCISCO -- Gold futures climbed near their highest level in 23
years Wednesday and silver prices closed at a level not seen since