You are here
Daily Dispatches
Haynes and Norcini review wild week in the precious metals
Submitted by cpowell on Sat, 2011-07-02 10:14 Section: Daily Dispatches10:12a ET Saturday, July 2, 2011
Dear Friend of GATA and Gold (and Silver):
Commenting on the wild week in gold and silver for the weekly precious metals review at King World News are CMI Gold & Silver's Bill Haynes and futures market trader and analyst Dan Norcini:
http://kingworldnews.com/kingworldnews/Broadcast/Entries/2011/7/2_KWN_We...
Rob Kirby: U.S. government rigs bonds, gold with derivatives
Submitted by cpowell on Fri, 2011-07-01 21:53 Section: Daily Dispatches9:50p ET Friday, July 1, 2011
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg: Stunning plunge in big commercial shorts in gold and silver
Submitted by cpowell on Fri, 2011-07-01 20:16 Section: Daily Dispatches8:15p ET Friday, July 1, 2011
Dear Friend of GATA and Gold:
Big commercial traders made huge reductions in their short positions in gold and silver futures for the week ending Tuesday, the Got Gold Report's Gene Arensberg reports tonight. Arensberg writes:
Utah could lead country toward competitive internal currencies
Submitted by cpowell on Fri, 2011-07-01 14:58 Section: Daily DispatchesRethinking Utah's Monetary Policy
By Larry Hilton and Rich Danker
Deseret News, Salt Lake City
Friday, July 1, 2011
http://www.deseretnews.com/article/700148455/Rethinking-Utahs-monetary-p...
Try chewing a steak with paper gold in your teeth
Submitted by cpowell on Fri, 2011-07-01 14:47 Section: Daily DispatchesSelling Gold Teeth to Make Ends Meet in Greece
By Daniel Flynn and Renee Maltezou
Reuters
Thursday, June 30, 2011
http://www.reuters.com/article/2011/06/30/us-greece-gold-idUSTRE75T5BL20...
ATHENS, Greece -- A smartly dressed woman waits as a young man behind a glass screen weighs her gold earrings, bracelets and rings and counts out 1,600 euros.
Michael Kosares: Who will be left holding the Old Maid card?
Submitted by cpowell on Fri, 2011-07-01 13:40 Section: Daily Dispatches1:35p ET Friday, July 1, 2011
Dear Friend of GATA and Gold:
Eric Sprott and Andrew Morris: Let the silver sellers beware
Submitted by cpowell on Thu, 2011-06-30 23:21 Section: Daily Dispatches11:21p ET Thursday, June 30, 2011
Dear Friend of GATA and Gold (and Silver)
The Comex silver futures market is a rigged one based on huge amounts of silver that don't exist, conjured by the big commercial traders, not by speculators, but the trend is turning against them, Eric Sprott and Andrew Morris of Sprott Asset Management demonstrate in a new study. They conclude:
Thom Calandra: Trawling for gold juniors in the race to $1 billion
Submitted by cpowell on Thu, 2011-06-30 22:32 Section: Daily Dispatches10:33p ET Thursday, July 30, 2011
Dear Friend of GATA and Gold (and Silver):
Central bank gold sales now seen as evidence of weakness, trader tells WSJ
Submitted by cpowell on Thu, 2011-06-30 22:25 Section: Daily DispatchesGreece Boosts Its Gold Holdings
By Rhiannon Hoyle
The Wall Street Journal
Thursday, June 30, 2011
http://online.wsj.com/article/SB1000142405270230445060457641803049365045...
Greece's central bank increased its gold reserves marginally in May, choosing not to sell some of its vast holdings as efforts continued to trim the public debt.
St. Louis Fed study says QE devalued dollar by 6.5 to 11 percent
Submitted by cpowell on Thu, 2011-06-30 22:14 Section: Daily DispatchesCan we claim that as depreciation on our income tax returns?
* * *
St Louis Fed's Neely: QE Boosted Exports, Economy via Dollar Depreciation
By Steven K. Beckner
Market News International, New York
Thursday, June 30, 2011