You are here
Daily Dispatches
Ted Butler tells silver investors to learn from the copper manipulation blowup
Submitted by cpowell on Tue, 2005-05-31 03:00 Section: Daily DispatchesECB Sees Risk of Disruptive Unwinding
of Imbalances, Severe Pressure on Dollar
By Steve Whitehouse
AFX News
Tuesday, May 31, 2005
http://www.forbes.com/markets/feeds/afx/2005/05/31/afx2066670.html
FRANKFURT -- Global current account imbalances pose a threat to
financial market stability, the European Central Bank said.
''We know money,'' AIG ads say as company admits scamming $4 billion
Submitted by cpowell on Tue, 2005-05-31 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, May 31, 2005
First a quick word on the structure in various markets, as defined
by the commitment of traders (COT) report, and then a follow-up on
something I wrote about last week.
The move down in gold and up in the dollar as a result of the French
vote, augments the existing structure, and the reversal, when it
comes, should be powerful.
Fresh from rigging euro bond market, Citigroup pays up for U.S. fraud
Submitted by cpowell on Tue, 2005-05-31 03:00 Section: Daily DispatchesAIG Overstated 5 Years
of Net Income by $3.9 Billion
By Chris Sanders
Reuters
Tuesday, May 31, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh09994_2005-06-01_00-10-17_n31637499_newsml
NEW YORK -- Insurer American International Group Inc., which is
being sued by U.S. regulators over an accounting scandal, said on
China may diversify dollar reserves into oil, Shanghai paper says
Submitted by cpowell on Tue, 2005-05-31 03:00 Section: Daily DispatchesCitigroup to Pay $208 Million to Settle
SEC Fraud Charges Related to a Transfer Agent
By The Associated Press
Tuesday, May 31, 2005
http://biz.yahoo.com/ap/050531/sec_citigroup.html?.v=5
NEW YORK -- Citigroup Inc. has agreed to pay $208 million to settle
fraud charges brought by the Securities and Exchange Commission
South Africa stewing over job losses and rand interest rates
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesGold May Climb as Rising Oil Costs
Spur Inflation, Bloomberg Survey Says
By Choy Leng Yeong
Bloomberg News Service
Monday, May 30, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aAd9NrZYPYB8&refer=home
Gold may climb for a second week on speculation rising energy costs
will fuel inflation, boosting the appeal of the metal as an
More about the U.S. Army''s 102nd Disinformation Battalion
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesSouth African Union Congress
Sets Date for National Strike
By South African Press Association
via Finance24.com
Thursday, May 26, 2005
http://www.finance24.com/articles/economy/display_article.asp?
ArticleID=1518-25_1711659
JOHANNESBURG -- The Congress of South African Trade Unions will
start strike action on June 27 in a programme of action that will
Impending devastation in South Africa''s gold mining industry
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily Dispatches12:16p ET Monday, May 30, 2005
Dear Friend of GATA and Gold:
GATA's Sunday dispatch alerting you to the latest
appearance on Canada's Report on Business
Television by Sprott Asset Management's chief
investment strategist, John Embry, asserted that
the program would be accessible on ROB-TV's
Internet archive only through Wednesday
because after that it would be "jammed by the
U.S. Army's 102nd Disinformation Battalion at
South African gold production falls nearly 13 percent
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily Dispatches12:28p ET Monday, May 31, 2005
Dear Friend of GATA and Gold:
For more on the devastation impending in the gold
mining industry in South Africa and the likely drop
in gold production and employment there, MiningMX
offers a report by David McKay here:
http://www.miningmx.com/gold_silver/444942.htm
CHRIS POWELL, Secretary/Treasurer
Bank of Canada''s governor warns of worldwide economic imbalances
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesSouth African Q1 Gold Output
Falls 12.8 Percent on Rand
From Reuters
Monday, May 30, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=8642333
JOHANNESBURG -- Gold output in South Africa, the world's biggest
producer, extended its decline in the first quarter, falling 12.8
USAGold compiles Fed Chairman Greenspan''s exchanges with Rep. Ron Paul
Submitted by cpowell on Sun, 2005-05-29 03:00 Section: Daily DispatchesNY AG Spitzer Files Suit Against AIG,
Says Fraud Was Used to Boost Stock Price
By Michael Gormley
Associated Press
Thursday, May 26, 2005
http://biz.yahoo.com/ap/050526/aig_probe.html?.v=12
ALBANY, N.Y. -- New York Attorney General Eliot Spitzer on Thursday
filed a civil suit against American International Group Inc.,
accusing the nation's largest insurance company and two former top