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Daily Dispatches
Gene Arensberg: Gold poised to make history
Submitted by cpowell on Mon, 2010-06-21 00:31 Section: Daily Dispatches12:30a ET Monday, June 21, 2010
Dear Friend of GATA and old (and Silver):
Gene Arensberg's new "Got Gold Report" is cautiously optimistic that gold and silver can score record prices this week, insofar as the big commercial traders are not selling quite as much as might be expected. Arensberg's report is headlined "Gold Poised to Make History" and you can find it here:
Saudis hoard twice as much gold as thought
Submitted by cpowell on Sun, 2010-06-20 17:45 Section: Daily DispatchesDid they recover reserves they had lent to the LBMA? And what good are official statistics that can change so much overnight?
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By Javier Blas
Financial Times, London
Sunday, June 20, 2010
http://www.ft.com/cms/s/0/e97c15bc-7ca1-11df-8b74-00144feabdc0.html
Ambrose Evans-Pritchard: Gold reclaims currency status as global system unravels
Submitted by cpowell on Sun, 2010-06-20 14:25 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, June 20, 2010
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/784196...
New monetary system may use gold at much higher price, Tocqueville's Hathaway says
Submitted by cpowell on Sun, 2010-06-20 10:32 Section: Daily Dispatches10:30a ET Sunday, June 20, 2010
Dear Friend of GATA and Gold (and Silver):
Mike Kosares: The true inflation-adjusted price of gold
Submitted by cpowell on Sat, 2010-06-19 14:24 Section: Daily Dispatches2:20p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Jeff Nielson: Collapse of official gold sales heralds much higher price
Submitted by cpowell on Sat, 2010-06-19 12:55 Section: Daily Dispatches12:52p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Metals more bullish than COT data, Butler tells King World News
Submitted by cpowell on Sat, 2010-06-19 12:39 Section: Daily Dispatches12:35p ET Saturday, June 19, 2010
Dear Friend of GATA and Gold (and Silver):
Russia pushes again for new reserve currencies
Submitted by cpowell on Sat, 2010-06-19 12:07 Section: Daily DispatchesBy William Mauldin
The Wall Street Journal
Saturday, June 19, 2010
http://online.wsj.com/article/SB1000142405274870412290457531499037419691...
James Turk: Gold's rise against major currencies is accelerating
Submitted by cpowell on Sat, 2010-06-19 11:59 Section: Daily Dispatches11:57a ET Saturday, June 19, 2010
Dear Friend of GATA and Gold:
Dollar peg is dead as China announces yuan's flexibility
Submitted by cpowell on Sat, 2010-06-19 11:40 Section: Daily DispatchesBy Michael Wei and Benjamin Kang Lim
Reuters
Saturday, June 19, 2010
http://www.reuters.com/article/idUSTRE65I11B20100619
BEIJING -- China will gradually make the yuan's exchange rate more flexible, the central bank said on Saturday a week before a G20 summit, strongly suggesting that it was ready to break the currency's 23-month-old dollar peg.