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Daily Dispatches
Remember these guys, the ones who actually mine the stuff?
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily Dispatches4:42p ET Sunday, March 20, 2005
Dear Friend of GATA and Gold:
Where is all the buying of U.S. Treasury bonds
coming from now that Asian central banks seem
to be diversifying out of the dollar? Ron Kirby
calls attention to what he calls the "pirates of
the Caribbean" -- those mysterious offshore
banks that can front for anybody, including,
perhaps, the U.S. government itself.
Resource Investor''s Tim Wood says gold should have little relation to CRB
Submitted by cpowell on Sun, 2005-03-20 03:00 Section: Daily DispatchesHigher Gold Prices Stir
New Interest in Western Mines
By Joseph B. Frazier
Associated Press
Sunday, March 20, 2005
http://biz.yahoo.com/ap/050320/gold_revisited_2.html
BURNT RIVER CANYON, Ore. -- As the icy waters of Clark Creek swirl
in his gold pan, Ken Anderson expertly reduces the contents, first
to small pebbles, then smaller ones, then to a little sand.
James Turk: The coming collapse of the dollar
Submitted by cpowell on Fri, 2005-03-18 03:00 Section: Daily DispatchesJP Morgan Chase Earnings
Grim This Year: BusinessWeek
From Reuters
Thursday, March 17, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh11030_2005-03-18_01-07-31_n17188921_newsml
NEW YORK -- J.P. Morgan Chase & Co.'s 2005 earnings will be "much
worse" than the $3.06 a share that Wall Street expects the No. 2
Federal Reserve bars Citigroup from acquisitions because of scandals
Submitted by cpowell on Fri, 2005-03-18 03:00 Section: Daily Dispatches11p ET Friday, March 18, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has written a brief essay about the trouble ahead
for the U.S. dollar. You can find it at the
newsletter of Asset Strategies International here:
www.assetstrategies.com/pages/il/current.html#insideStory
CHRIS POWELL, Secretary/Treasurer
Gold is best way to play commodities boom now, James Turk says
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Wednesday, March 16, 2005
The most recent Commitment of Traders Report indicated continued
deterioration, with increased tech fund and speculative buying and
dealer short selling in gold and silver. Extrapolating from the
Tuesday, March 9, cutoff date, I would estimate that the dealer net
short position in COMEX gold futures has grown by some 100,000
contracts from the lows as the price rallied by more than $35. In
Gold imports cause surge in Thailand''s trade deficit with Australia
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesGold Prices Drop as Fewer
Jobless Claims Boost Dollar
By Pham-Duy Nguyen
Bloomberg News Service
Thursday, March 17, 2005
http://www.bloomberg.com/apps/news?
pid=10000081&sid=aHTnmfh4s4GE&refer=australia
SEATTLE -- Gold prices in New York fell after a report showed fewer
Americans filed for unemployment benefits last week, boosting the
Gold players Citigroup, Deutsche Bank, UBS charged with market rigging in Italy
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy Phusadee Arunmas
Bangkok Post
Friday, March 18, 2005
http://www.bangkokpost.com/Business/18Mar2005_biz66.php
Thailand recorded a trade deficit with Australia worth 3.4 billion
baht in January after a comprehensive free trade agreement for both
countries took effect at the beginning of the year, according to
Rachane Potjanasuntorn, director-general of the Foreign Trade
Citigroup, Riggs Bank helped Chile''s former dictator launder money abroad
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesCitigroup, Morgan Stanley Named in Parmalat Probe
By Clara Ferreira-Marques and Giada Zampano
Reuters
Thursday, March 17, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7936509
MILAN -- Prosecutors investigating the Parmalat scandal have accused
four foreign banks and an Italian asset management firm of helping
Litigation costs may devastate gold rigger Morgan Chase''s earnings this year
Submitted by cpowell on Thu, 2005-03-17 03:00 Section: Daily DispatchesBy James Rowley
Bloomberg News Service
Wednesday, March 16, 2005
http://www.bloomberg.com/apps/news?
pid=10000086&sid=aWkzQ4eLXp74&refer=latin_america
Former Chilean dictator Augusto Pinochet and his family over 25
years stashed at least $15 million in more than 125 hidden accounts
at Citigroup Inc. and other banks, a U.S. Senate report said.
Ted Butler: Criminal intent
Submitted by cpowell on Wed, 2005-03-16 03:00 Section: Daily DispatchesBy Dow Jones Newswires
Tuesday, March 15, 2005
http://sg.biz.yahoo.com/050315/15/3r9k0.html
HONG KONG --The future path of the U.S. dollar is likely to depend
much less on the actions of Asian central banks than on U.S.
domestic policies, the economist Joseph Stiglitz said Tuesday.
Indications that Asian central banks are reducing their large
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