You are here

Daily Dispatches

Goodbye, ''strong dollar policy'' -- traders say U.S. is happy to see it fall

Section: Daily Dispatches

Unsustainable Gold on Brink of Crash,
US Metals Guru Peter Grandich Says

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 15, 2006

http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/05/15/cngold15.xml

An American metals guru has warned that gold could crash within
hours or days after a speculative "blowoff" last week to a 26-year

IMF acts to avoid market ''meltdown''

Section: Daily Dispatches

By Kevin Carmichael
Bloomberg News Service
Monday, May 15, 2006

http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aOZVD0xr9eSM&refer=home

WASHINGTON -- The Bush administration, seeking to narrow its near
record trade deficit, is signaling comfort with the dollar's 6.6
percent decline this year.

Treasury Secretary John Snow's calls for stronger Asian currencies

Chancellor''s losses hit $6.6 billion as gold touches record high

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Saturday, May 13, 2006

http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/05/13/cncopp113.xml&sSheet=/money/2006/05/13/ixcityto
p.html

Thieves used to steal lead from church roofs. Now they raid railway
lines for copper.

The heavily-protected stretch of high-speed (TGV) track from Rheims

Howe Street interviews James Turk; GoldSeek interviews Bill Murphy

Section: Daily Dispatches

Labour's sale of half the Bank of England's reserves
to invest in euro and yen was 'impatient' and 'badly timed'

By Jason Niss
The Independent, London
Sunday, May 14, 2006

http://news.independent.co.uk/business/news/article422920.ece

Gold hit record highs on Friday, raising the cost of Gordon Brown's
decision to sell half of the UK's reserves to more than $6.5 billion

Royal Mint warns against melting pennies as dentists profit from scrap fillings

Section: Daily Dispatches

Gold Bugs

By Peter McKay
The Wall Street Journal
Thursday, May 11, 2006

Investing pros have begun pondering the possibility that gold will
hit a record over $800 a troy ounce soon. This means that the gold
bugs -- that patchwork of sometimes offbeat investors who love the
shiny stuff -- are happier, and louder, than ever.

Gold futures for May delivery have risen this week 3.2%, or $21.50,

Bolivia expected to raise taxes on mining but not nationalize

Section: Daily Dispatches

Copper Fever Sparks Meltdown at the Mint

By Richard Adams and Simon Bowers
The Guardian, Manchester, England
Friday, May 12, 2006

http://www.guardian.co.uk/frontpage/story/0,,1773282,00.html

The old saying about looking after the pennies and the pounds will
look after themselves took a new twist yesterday as the Royal Mint

Despite higher gold prices, miners can''t boost production for years

Section: Daily Dispatches

By Helen Popper
Reuters
Friday, May 12, 2006

http://yahoo.reuters.com/stocks/QuoteCompanyNewsArticle.aspx?
storyID=urn:newsml:reuters.com:20060512:MTFH67891_2006-05-12_20-50-
05_N12333316&symbol=EEL.V&rpc=44

LA PAZ, Bolivia -- Bolivia's investment-hungry mining industry is
not in line for a nationalization like that seen in the energy

Banks face vast losses in copper mayhem

Section: Daily Dispatches

Gold Prices Hit New 26-Year Highs,
Allowing Mining Companies to Post Surging Revenue

By Heidi Vogt
Associated Press
Friday, May 12, 2006

http://biz.yahoo.com/ap/060512/golden_times.html?.v=7

DAKAR, Senegal -- With oil soaring to new highs and the U.S. dollar
back down, investors are looking to the usual haven: gold.

Scrap thieves in France ransack railroad lines for copper

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Saturday, May 13, 2006

http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/05/13/cncopp13.xml&menuId=242&sSheet=/money/2006/05/1
3/ixcitytop.html

The spike in copper prices over recent weeks has left a group of
banks and operators on the London Metal Exchange (LME) nursing vast

Russia''s president wants oil, gas traded in rubles on a domestic exchange

Section: Daily Dispatches

8:14p ET Wednesday, May 10, 2006

Dear Friend of GATA and Gold:

Investor's Business Daily, perhaps the most
technical U.S. market publication, today
interviewed silver market analyst Ted Butler,
which must have felt to him like an escape
from the wilderness.

Just a few days ago The New York Times
interviewed gold bug hero Jim Sinclair and
GATA's Bill Murphy and James Turk.

Are we getting respectable or just too

Pages