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Daily Dispatches
Old U.S. Mint in New Orleans reopens Saturday with gold exhibit
Submitted by cpowell on Wed, 2007-10-17 00:51 Section: Daily DispatchesBy Stacey Plaisance
Associated Press
via Yahoo News
Tuesday, October 16, 2007
http://news.yahoo.com/s/ap/20071016/ap_en_ot/old_mint_gold_1
NEW ORLEANS -- The Old U.S. Mint in New Orleans is reopening to the public for the first time since Hurricane Katrina with an exhibit this weekend that couldn't be more fitting: "Gold."
GATA publicizes mobilization of U.S. gold; will you support our work?
Submitted by cpowell on Tue, 2007-10-16 20:57 Section: Daily Dispatches8:53p ET Tuesday, October 16, 2007
Dear Friend of GATA and Gold:
Tonight GATA distributed an international press release via Business Wire about the discovery by our consultant, Freemarket Gold & Money Report editor James Turk, that U.S. Treasury Department documents confirm the recent mobilization of U.S. gold reserves to suppress the price of gold. That press release is appended.
'Stunning' flight from the dollar led by Japan and China
Submitted by cpowell on Tue, 2007-10-16 19:36 Section: Daily DispatchesJapan and China Lead Flight from the Dollar
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, October 16, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/16/bcnchi...
Japan and China led a record withdrawal of foreign funds from the United States in August, heightening fears of a fresh slide in the dollar and a spike in US bond yields.
New Treasury documents reveal loans, swaps of U.S. gold
Submitted by cpowell on Tue, 2007-10-16 15:26 Section: Daily Dispatches3:20p ET Tuesday, October 16, 2007
Dear Friend of GATA and Gold:
U.S. Treasury Department documents reveal that since May U.S. government gold has been loaned to bullion banks or swapped with other governments to suppress gold's market price.
The documents were publicized today by the Freemarket Gold & Money Report, edited by GoldMoney founder James Turk, a consultant to GATA.
Ted Butler: Rope-A-Dope?
Submitted by cpowell on Tue, 2007-10-16 14:53 Section: Daily Dispatches2:50p ET Tuesday, October 16, 2007
Dear Friend of GATA and Gold:
Robert K. Landis: Musings on the realms of GLD
Submitted by cpowell on Mon, 2007-10-15 17:55 Section: Daily Dispatches5:55p ET Monday, October 15, 2007
Dear Friend of GATA and Gold:
IMF chief changes position, says dollar has room to fall
Submitted by cpowell on Mon, 2007-10-15 17:44 Section: Daily DispatchesBy Bob Davis
The Wall Street Journal
Monday, October 15, 2007
WASHINGTON -- After a week of saying that the dollar had fallen too far recently, International Monetary Fund chief Rodrigo de Rato now says the dollar has more room to fall over the next several years.
Banks move to help credit markets -- or themselves?
Submitted by cpowell on Mon, 2007-10-15 10:13 Section: Daily Dispatches10:15a ET Monday, October 15, 2007
Dear Friend of GATA and Gold:
The headline the Associated Press put on the story appended here is "Banks Move to Help Credit Markets." It might better read: "Big Banks Collude to Trade Their Phony Paper with Each Other to Prevent a Market from Breaking Out and Exposing Their Fraud."
Slumping dollar puts G7 back in spotlight
Submitted by cpowell on Mon, 2007-10-15 09:02 Section: Daily DispatchesBy Greg Robb
MarketWatch.com
Monday, October 15, 2007
http://www.marketwatch.com/news/story/slumping-dollar-puts-g7-back/story...
WASHINGTON -- For the last five years the global economy has sailed along, allowing meetings of the Group of Seven finance ministers and central bank governors to take place in relative obscurity.
Unhedged Newcrest, Lihir fuel takeover talk as gold price soars
Submitted by cpowell on Mon, 2007-10-15 01:18 Section: Daily DispatchesBy Alex Wilson
The Wall Street Journal
Monday, October 15, 2007
In Newcrest Mining and Lihir Gold, there is no hedging on their prospects -- and potential acquirers view that as a good thing.