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Daily Dispatches
After years of selling it, IMF plans to buy $2 billion in gold
Submitted by cpowell on Mon, 2012-05-14 09:13 Section: Daily DispatchesFrom Commodity Online
Ahmedabad, India
Monday, May 14, 2012
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
Yukon gold rush isn't slowing but watershed raises concerns
Submitted by cpowell on Sun, 2012-05-13 20:26 Section: Daily DispatchesJason Unrau
National Post, Toronto
Sunday, May 13, 2012
http://news.nationalpost.com/2012/05/13/the-yukons-gold-rush-shows-no-si...
Gold standard would discourage derivatives craziness, Pento tells King World News
Submitted by cpowell on Sun, 2012-05-13 20:11 Section: Daily Dispatches8:07p ET Sunday, May 13, 2012
Dear Friend of GATA and Gold:
Alasdair Macleod: Gold bugs will be vindicated
Submitted by cpowell on Sat, 2012-05-12 10:27 Section: Daily Dispatches10:23a 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
Submitted by cpowell on Fri, 2012-05-11 22:38 Section: Daily DispatchesHaiti 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?
Submitted by cpowell on Fri, 2012-05-11 15:49 Section: Daily Dispatches3:50p 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
Submitted by cpowell on Fri, 2012-05-11 15:42 Section: Daily Dispatches3:36p 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
Submitted by cpowell on Fri, 2012-05-11 13:59 Section: Daily Dispatches1:55p 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
Submitted by cpowell on Thu, 2012-05-10 13:26 Section: Daily Dispatches1:21p 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
Submitted by cpowell on Thu, 2012-05-10 10:37 Section: Daily DispatchesRBI 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...