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Daily Dispatches
John Crudele: Paulson''s new job -- as plunge protector
Submitted by cpowell on Sat, 2006-06-10 03:00 Section: Daily Dispatches9:17p ET Thursday, June 8, 2006
Dear Friend of GATA and Gold:
America Online tonight terminated GATA's e-mail account,
GATAComm@aol.com, without notice, destroying GATA's
e-mail address book.
Don't worry -- it had nothing to do with the substance
of GATA's work. Rather, it is a matter of AOL's chronic
inability to distinguish GATA mail from junk mail and
the service's repudiating the assurance it gave GATA in
Just how real is the gold behind those exchange-traded funds?
Submitted by cpowell on Sat, 2006-06-10 03:00 Section: Daily DispatchesBy John Crudele
New York Post
Thursday, June 8, 2006
http://www.nypost.com/seven/06082006/business/67140.htm
Quick, somebody tell soon-to-be Treasury Secretary
Hank Paulson about the other part of his job: being a
member of the Plunge Protection Team.
What is that? It's something that Wall Street is gonna
need if the stock market continues to be freaky.
Russia joins Middle East in shifting foreign exchange away from dollar
Submitted by cpowell on Thu, 2006-06-08 03:00 Section: Daily Dispatches8:53p ET Wednesday, June 7, 2006
Dear Friend of GATA and Gold:
While so many of us fret about our mining shares,
Michael Kosares, proprietor of Centennial Precious
Metals in Denver, demonstrates that buying gold
in June and July and walking away has been a
consistently winning trade. And of course it does
exactly what the plutocracy fears most -- that is,
it draws metal stockpiles down.
Bill Bonner: GATA isn''t as crazy as the financial establishment
Submitted by cpowell on Thu, 2006-06-08 03:00 Section: Daily DispatchesBy Steve Johnson
Financial Times, London
Thursday, June 8, 2006
http://news.yahoo.com/s/ft/20060608/bs_ft/fto060820061237072188
Russia became the latest country to shift a chunk of its central bank
reserves out of the dollar, further eroding the standing of the
greenback as the world's de-facto reserve currency.
America Online terminates GATA''s e-mail account without notice
Submitted by cpowell on Thu, 2006-06-08 03:00 Section: Daily Dispatches8:09p ET Thursday, June 8, 2006
Dear Friend of GATA and Gold:
Bill Bonner's nightly column at The Daily Reckoning has
some nice things to say about GATA. They are excerpted
below.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
By Bill Bonner
DailyReckoning.com
Thursday, June 8, 2006
India''s Financial Express reports IMF-directed double-counting of gold
Submitted by cpowell on Wed, 2006-06-07 03:00 Section: Daily DispatchesBy Jessica Holzer
Forbes
Friday, June 2, 2006
http://www.forbes.com/beltway/2006/06/01/paulson-tax-loophole-
cx_jh_0602paultax.html
WASHINGTON -- For Henry Paulson Jr., a Goldman-sized tax loophole
awaits his pleasure.
High-flying business executives almost always endure financial
sacrifice when they make a detour into public service. Paulson is no
$3 gas is just the flip side of deficits, housing boom, and war
Submitted by cpowell on Wed, 2006-06-07 03:00 Section: Daily DispatchesDouble-Counting of Gold by Central Banks
May Have Aided the Price Suppression
By Sangita Shah
Financial Express, Mumbai
Tuesday, June 6, 2006
http://www.financialexpress.com/fe_full_story.php?content_id=129715
The International Monetary Fund (IMF) apparently directed member
central banks to double-count their gold when it had been leased or
Complimenting GATA, Peter Grandich jumps back into gold and silver
Submitted by cpowell on Wed, 2006-06-07 03:00 Section: Daily DispatchesBy Chris Powell
Journal Inquirer, Manchester, Connecticut
Tuesday, June 6, 2006
http://www.journalinquirer.com/site/news.cfm?
newsid=16744571&BRD=985&PAG=461&dept_id=565860&rfi=6
Connecticut's governor and attorney general and some of its members
of Congress have complained indignantly about gas and oil prices and
Mike Kosares: June and July are most profitable for buying gold
Submitted by cpowell on Wed, 2006-06-07 03:00 Section: Daily Dispatches8:12p ET Wednesday, June 7, 2006
Dear Friend of GATA and Gold:
Peter Grandich lately has been calling the gold and
silver markets perfectly, and in his latest metals
investment letter, published this morning, he gives
some kind compliments to GATA as he argues that
"it's time to jump back in the precious metals and
mining shares with both feet again."
For some of us, that would require first getting
IMF study acknowledges risk of double-counting leased central bank gold
Submitted by cpowell on Tue, 2006-06-06 03:00 Section: Daily DispatchesBy John Dizard
Financial Times
Monday, June 5, 2006
http://news.ft.com/cms/s/9286fa74-f4a1-11da-86f6-0000779e2340.html
For all the fireworks in the gold price last month, including a 25-
year high, the metal that drives men mad ended down by slightly less
than 2 percent from the end of April. To me and some of the more