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Daily Dispatches
Gold''s partisans doubt that Fed can raise interest rates aggressively
Submitted by cpowell on Sun, 2005-03-27 03:00 Section: Daily DispatchesBy Joshua Krongold
Bloomber News Service
Monday, March 28, 2005
http://quote.bloomberg.com/apps/news?
pid=10000103&sid=aEDciugl03yk&refer=news_index
NEW YORK -- As the dollar heads for the biggest quarterly advance
against the euro since 2001, traders are more bullish on the U.S.
currency than they have been in 17 months, according to a Bloomberg
Murphy''s ''Midas'' commentary describes planning for Gold Rush 21
Submitted by cpowell on Sat, 2005-03-26 03:00 Section: Daily Dispatches4:50p ET Thursday, March 24, 2005
Dear Friend of GATA and Gold:
There's more commentary arguing that higher U.S.
interest rates will not strengthen the dollar for
long, since they are likely to collapse the U.S.
economy. It's by Peter Schiff, CEO of Euro Pacific
Capital in Newport Beach, Calif. You can find it
at GoldSeek here:
Oil''s surge ignites cost increases for products from plastics to shoes
Submitted by cpowell on Thu, 2005-03-24 03:00 Section: Daily Dispatches11p ET Wednesday, March 23, 2005
Dear Friend of GATA and Gold:
MineWeb today posted a long interview with South
African mining entrepreneuer Brett Kebble, GATA's
first major contributor, and it shows the great
difficult of the South African gold-mining business,
worsened by a government that insists on playing
the slave to Western central banks and their scheme
to suppress the gold price.
Rising interest rates probably won''t kill the commodities bull market
Submitted by cpowell on Thu, 2005-03-24 03:00 Section: Daily DispatchesBy Timothy Aeppel
The Wall Street Journal
Wednesday, March 23, 2005
The recent rise in oil prices is reverberating far beyond the world's
energy-intensive industries, spurring cost increases for everything
from military tents in Iraq and weed killer in Iowa to shoes and
Barbie dolls in China.
The continuing surge is causing companies which a year ago saw higher
oil prices as a passing phenomenon to rethink their strategies. Many
Higher interest rates won''t help dollar when they collapse the U.S. economy
Submitted by cpowell on Thu, 2005-03-24 03:00 Section: Daily Dispatches1994 REVISITED
By Eric J. Fry
DailyReckoning.com
Thursday, March 24, 2005
http://www.dailyreckoning.com/RudeAwake/Articles/RA032405.html
Two days ago, your New York editor guessed that Villanova might win
the NCAA championships and that gold might soon resume its rally. The
good news is that Villanova still has a chance. ...
Jim Sinclair: Nothing to worry about
Submitted by cpowell on Wed, 2005-03-23 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, March 22, 2005
The latest commitment of traders report showed a very sharp increase
in the net dealer short position in gold, of more than 38,000
futures contracts. That brought the total dealer net short position
to more than 147,000 contracts, an increase of almost 110,000
contracts from the lows some five weeks ago. This increase in the
commercial gold net short position ranks among the largest in
The Citi never sleeps -- they''re too busy with JPMorgan Chase ripping people off
Submitted by cpowell on Wed, 2005-03-23 03:00 Section: Daily Dispatches12:31p ET Wednesday, March 23, 2005
Dear Friend of GATA and Gold:
Jim Sinclair today offered some thoughtful reassurance
about gold today in an essay titled "Nothing to Worry
About." You can find it at his Internet site here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
----------------------------------------------------
Who says higher interest rates will produce a stronger dollar?
Submitted by cpowell on Wed, 2005-03-23 03:00 Section: Daily DispatchesCitigroup, MorganChase, Putnam Pay Fines for Misconduct
By Marcy Gordon
Associated Press
Wednesday, March 23, 2005
http://biz.yahoo.com/ap/050323/mutual_funds_firms_fined_10.html
WASHINGTON -- In three unrelated cases, federal regulators fined
Citigroup Inc. and Putnam Investments $20 million and $40 million
MineWeb interviews Brett Kebble on the difficulty of mining in South Africa
Submitted by cpowell on Wed, 2005-03-23 03:00 Section: Daily DispatchesLink Between Treasury Yields
and Dollar Is Questioned
By Steve Johnson
Financial Times, London
Wednesday, March 23, 2005
Two leading investment banks on Wednesday questioned whether rising
US Treasury yields would increase the attractiveness of the dollar,
even as the US currency rose on the back of rising US inflation
concerns.
"We question how much support the dollar will get from rising US
Central bankers manipulate currency markets, and gold and silver are currencies
Submitted by cpowell on Tue, 2005-03-22 03:00 Section: Daily Dispatches8:25p ET Monday, March 21, 2005
Dear Friend of GATA and Gold:
The news report appended here about Citigroup's
avoidance of criminal charges in Germany for its
euro bond market manipulation last August evokes
the dictum of the great American journalist
Charles Peters, editor emeritus of The Washington
Monthly.
The big scandal, Peters remarked, is seldom what
is illegal but what is perfectly legal.