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Daily Dispatches
Alasdair Macleod: The destructive power of weak money
Submitted by cpowell on Thu, 2011-06-09 11:55 Section: Daily Dispatches12:01p ET Thursday, June 9, 2011
Dear Friend of GATA and Gold:
Loose money is bringing on stagflation and soon will renew the world financial crisis, economist and former banker Alasdair Macleod writes in his new essay, "The Destructive Power of Weak Money."
China currency regulator warns that U.S. could pursue weak dollar policy
Submitted by cpowell on Tue, 2011-06-07 10:39 Section: Daily DispatchesBy Kevin Yao and Zhou Xin
Reuters
Tuesday, June 7, 2011
http://www.reuters.com/article/2011/06/07/us-china-usa-dollar-idUSTRE756...
BEIJING -- China should guard against risks from "excessive" holdings of U.S. assets as Washington could pursue a policy to weaken the dollar, a senior currency regulator said in comments published on a website that briefly pushed the dollar lower.
Gene Arensberg: When big sellers of silver futures seem timid
Submitted by cpowell on Tue, 2011-06-07 10:29 Section: Daily Dispatches7:28a ET Tuesday, June 7, 2011
Dear Friend of GATA and Gold (and Silver):
The Got Gold Report's Gene Arensberg writes today that the short positions of the biggest dealers in silver have fallen to below 29 percent, a level from which rallies have begun. Arensberg's commentary is headlined "When Big Sellers of Silver Futures Seem Timid" and you can find it at the Got Gold Report here:
Maybe Germany would write off Greek loans in exchange for the Parthenon
Submitted by cpowell on Mon, 2011-06-06 17:06 Section: Daily DispatchesIt would make a fine amusement park in Saxony. After all, the Greeks have managed all this time without the Elgin Marbles. And maybe Britain could sell those to South Korea. Fitting conclusions to Western civilization.
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Having Government Property Means Greece Is Solvent, ECB Says
By David McHugh
Associated Press
via Yahoo News
Monday, June 6, 2011
James Turk and his charts show gold smashing the currencies
Submitted by cpowell on Mon, 2011-06-06 13:02 Section: Daily Dispatches10a PT Monday, June 6, 2011
Dear Friend of GATA and Gold:
J.S. Kim on the paper shuffling that disguises precious metal shortages
Submitted by cpowell on Mon, 2011-06-06 12:21 Section: Daily Dispatches9:17a ET Monday, June 6, 2011
Dear Friend of GATA and Gold (and Silver):
J.S. Kim of the SmartKnowledgeU investment system and the Underground Investor letter cites the work of GATA's Adrian Douglas in his new essay on the paper shuffling in the futures markets that seems meant to disguise a shortage of precious metal. Kim's commentary can be found at the Underground Investor here:
Gene Arensberg: Tired of 'dire'?
Submitted by cpowell on Sun, 2011-06-05 18:24 Section: Daily Dispatches3:15p PT Sunday, June 5, 2011
Dear Friend of GATA and Gold:
In the new edition of the Got Gold Report, Gene Arensberg muses on the search for a mechanism of wealth preservation against the possibility of currency collapse. Three guesses as to what that mechanism might be. The new GGR is headlined "Tired of 'Dire'?" and you can find it here:
Golden State is poised to outlaw gold prospecting
Submitted by cpowell on Sun, 2011-06-05 14:41 Section: Daily DispatchesFrom the Daily Mail, London
Sunday, June 5, 2011
http://www.dailymail.co.uk/news/article-1394466/California-poised-outlaw...
There's gold in them thar hills, but pretty soon you won't be allowed to touch it.
In California, the state built on gold, the time is up for prospectors who are about to see their way of life declared illegal.
Alasdair Macleod: Catch 22 for the Fed
Submitted by cpowell on Sun, 2011-06-05 13:48 Section: Daily Dispatches10:45a ET Sunday, June 5, 2011
Dear Friend of GATA and Gold:
Economist and former banker Alasdair Macleod, writing at GoldMoney, says that with the U.S. economy weakening, the Federal Reserve's options for reflating it and financing the U.S. government's debt are narrowing. MacLeod, who will speak at GATA's conference in London in August (http://www.gatagoldrush.com/), writes:
All we can do is to do things to try to hasten the day
Submitted by cpowell on Sun, 2011-06-05 13:31 Section: Daily Dispatches10:31a PT Sunday, June 5, 2011
Dear Friend of GATA and Gold:
Our friend Todd writes:
"Guys, I admire your mission, but year after year nothing really changes.
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