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Daily Dispatches

After years of selling it, IMF plans to buy $2 billion in gold

Section: Daily Dispatches

From Commodity Online
Ahmedabad, India
Monday, May 14, 2012

http://tinyurl.com/dxpkknh

NEW YORK -- The International Monetary Fund is planning to purchase more than $2 billion worth of gold on account of rising global risks. The IMF currently holds around 2,800 tonnes of gold at various depositories

Alasdair Macleod: Gold bugs will be vindicated

Section: Daily Dispatches

10:23a ET Saturday, May 12, 2012

Dear Friend of GATA and Gold:

Writing at GoldMoney, the economist Alasdair Macleod argues that when the debt trap is sprung on profligate governments, not just their bonds but their currencies too will be wrecked, and "gold bugs will be vindicated." That's the headline on his commentary and it's posted at GoldMoney here:

Gold, silver, copper mining could get Haiti off international welfare

Section: Daily Dispatches

Haiti Hopes Ore Find Will Spur Mining Boom

By Martha Mendoza
Associated Press
via Google News
Friday, May 11, 2012

http://www.google.com/hostednews/ap/article/ALeqM5iQ2SuH1RWmiDf088vyEsVY...

Egon von Greyerz: Gold -- what correction?

Section: Daily Dispatches

3:50p ET Friday, May 11, 2012

Dear Friend of GATA and Gold:

Matterhorn Asset Management's Egon von Greyerz today shrugs off the recent setbacks in the gold and silver markets. His commentary is headlined "Gold -- What Correction" and it's posted at Matterhorn's GoldSwitzerland Internet site here:

http://goldswitzerland.com/gold-what-correction/

CHRIS POWELL, Secretary/Treasurer

FT's Gillian Tett provides the rationale for gold price suppression

Section: Daily Dispatches

3:36p ET Friday, May 11, 2012

Dear Friend of GATA and Gold:

Explaining "financial repression" as the coercion of investors to purchase government bonds that pay negative real interest rates, Gillian Tett of the Financial Times this week provided the perfect rationale for the Western central bank gold price suppression scheme -- all without mentioning gold at all.

Norcini, Davies interviewed at King World News

Section: Daily Dispatches

1:55p ET Friday, May 11, 2012

Dear Friend of GATA and Gold:

At King World News today futures market analyst Dan Norcini says the interest rate on the 10-year U.S. Treasury note is the key variable for signalling catastrophic deflation:

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/5/11_No...

Gold's setback 'barely registers' in long view, von Greyerz says

Section: Daily Dispatches

1:21p ET Thursday, May 10, 2012

Dear Friend of GATA and Gold:

Gold fund manager Egon von Greyerz today tells King World News that the recent setback in gold "barely registers on the longer-term chart" of the monetary metal's bull market. He doesn't expect the setback to last longer than another few weeks. An excerpt from the interview is posted at the King World News blog here:

Indian central bank challenged in court to repatriate country's gold

Section: Daily Dispatches

RBI Gets High Court Notice to Explain Gold Deposits with Bank of England

By Dinesh Thite
Pune Mirror, Pune, India
Friday, May 4, 2012

http://www.punemirror.in/article/62/2012050420120504025313609120ae2ba/RB...

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