Daily Dispatches

Malls Witnessing Gold Rush as Shoppers Fear Inflation

By Xu Fan
China Daily, Beijing
Monday, February 28, 2011

http://www.chinadaily.com.cn/cndy/2011-02/28/content_12085402.htm

Jewelers at shopping malls across the capital are witnessing a gold rush as residents spooked by inflation fears look to protect their money.

9:47p ET Monday, February 28, 2011

Dear Friend of GATA and Gold (and Silver)

GoldSeek Radio's Chris Waltzek today interviewed GATA Chairman Bill Murphy for nine minutes and, a few days ago, GoldMoney founder and GATA consultant James Turk for 18 minutes. You can listen to the interviews at GoldSeek Radio here:

http://radio.goldseek.com/nuggets.php

CHRIS POWELL, Secretary/Treasurer

This is what happens when the gold market is entirely physical and uncontrolled by derivatives: The price simply explodes and destroys the government currency. Kitco's Jon Nadler and CPM Group's Jeff Christian insist that central banks have no interest in controlling the gold market and little interest even in gold itself. This is hallucination at best, disinformation at worst.

By Nguyen Pham Muoi
Dow Jones Newswires
via The Wall Street Journal
Monday, February 28, 2011

http://online.wsj.com/article/BT-CO-20110228-702556.html

HANOI -- Vietnam's central bank is proposing that the government issue regulations to ban the trade of gold bullion from the second quarter of this year, state media reported Monday, citing the State Bank of Vietnam.