You are here
Daily Dispatches
MiningMX reports debate on hedging at LBMA conference
Submitted by cpowell on Tue, 2005-11-15 03:00 Section: Daily DispatchesWhy silver could be the new gold:
A new scheme will make it easier
to buy 'the white metal,'
which should boost its value --
if America gives the green light.
By Kathryn Cooper
The Times, London
Sunday, November 13, 2005
http://business.timesonline.co.uk/article/0,,9556-1869207,00.html
Silver is often dismissed as a "poor man's gold," but it has risen
Fears about General Motors'' possible bankruptcy rising on Wall Street
Submitted by cpowell on Tue, 2005-11-15 03:00 Section: Daily Dispatches9a ET Tuesday, November 15, 2005
Dear Friend of GATA andGold:
The London Bullion Market Association conference
in Johannesburg this week debated hedging by gold
mining companies. MiningMX's David McKay has a
report about it:
http://www.miningmx.com/gold_silver/556565.htm
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Bank of France calls gold sales necessary to FX diversification
Submitted by cpowell on Tue, 2005-11-15 03:00 Section: Daily DispatchesBy Aleksandrs Rozens
Associated Press
via Flint (Michigan) Journal
http://www.mlive.com/newsflash/regional/index.ssf?/base/news-
29/1132080249270260.xml&storylist=newsmichigan
NEW YORK -- An increasing number of investors are betting that
General Motors Corp., the world`s largest automaker, may be forced to
seek bankruptcy protection within the next six to 12 months as it
Dispatches on likely gold supply and demand
Submitted by cpowell on Tue, 2005-11-15 03:00 Section: Daily DispatchesBy Mariam Isa
Reuters
Tuesday, November 15, 2005
http://za.today.reuters.com/news/NewsArticle.aspx?
type=businessNews&storyID=2005-11-
15T124258Z_01_ALL545780_RTRIDST_0_OZABS-FRANCE-CBANK-RESERVES-
20051115.XML
JOHANNESBURG -- The Bank of France will use proceeds from planned
gold sales to diversify the foreign exchange component of its
Ted Butler''s bull''s-eye against the Silver Users Association
Submitted by cpowell on Tue, 2005-11-15 03:00 Section: Daily Dispatches3:06p ET Tuesday, November 15, 2005
Dear Friend of GATA and Gold:
Some supply-and-demand dispatches today....
Resource Investor's Tim Wood reports from
the LBMA conference in Johannesburg that
Russia's central bank is considering
doubling the proportion of gold in its
foreign exchange reserves:
Bundesbank will resist pressure to sell its gold
Submitted by cpowell on Mon, 2005-11-14 03:00 Section: Daily Dispatches4:28p ET Sunday, November 13, 2005
Dear Friend of GATA and Gold:
A new essay by David Chapman of Union Securities
in Toronto, a director of the Millenium Bullion
Fund, titled "Derivatives Disaster, Hedge Fund
Monsters," shows how anyone with enough money
behind him can manipulate almost any market.You
can find Chapman's essay at Gold-Eagle here:
Peter Brimelow: Gold grinds on, with the Fed lending a hand
Submitted by cpowell on Mon, 2005-11-14 03:00 Section: Daily DispatchesBy Maria Sheahan
AFX News
Monday, November 14, 2005
http://www.forbes.com/markets/feeds/afx/2005/11/14/afx2333860.html
FRANKFURT -- Bundesbank president Axel Weber indicated yesterday
that the central bank will not give in to political pressure to sell
part of its gold reserves, according to Frankfurter Allgemeine
South Africa might increase gold reserves, central bank governor says
Submitted by cpowell on Mon, 2005-11-14 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, November 14, 2005
http://www.marketwatch.com/news/story.asp?guid=%7BE41A33BD%2D28D2%
2D448C%2DB004%2D275D91CAADEB%7D&siteid=mktw&dist
NEW YORK -- Even gold's friends seemed surprised by its strength last
week, rallying by 2.5% on the New York Mercantile Exchange. The gold
London Times notes silver''s potential, quotes Ted Butler at length
Submitted by cpowell on Mon, 2005-11-14 03:00 Section: Daily DispatchesFrom Reuters
Monday, November 14, 2005
http://za.today.reuters.com/news/newsArticle.aspx?
type=businessNews&storyID=2005-11-
14T123326Z_01_BAN445211_RTRIDST_0_OZABS-MINERALS-SAFRICA-GOLD-
20051114.XML
JOHANNESBURG -- The central bank in South Africa -- the world's
largest producer of gold -- might increase its gold reserves, its
Robert K. Landis: After monetary collapse -- strict reconstruction or more Bork?
Submitted by cpowell on Sun, 2005-11-13 03:00 Section: Daily DispatchesBy James Sinclair, Chairman
Tan Range Exploration Corp.
Saturday, November 12, 2005
During the 1968-1980 bull market in gold, large ongoing gold sales
allowed big buyers to enter the market at singular prices. These
sales acted to increase the interest in gold by facilitating major
purchases.
At present, Asian central banks that are gold-poor and dollar-rich
could pick a point on the dollar and take every ounce that other
Pages
