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Daily Dispatches
Trial of Blanchard suit vs. Barrick postponed amid ''serious'' settlement talks
Submitted by cpowell on Mon, 2005-07-04 03:00 Section: Daily Dispatches1:10a ET Monday, July 4, 2005
Dear Friend of GATA and Gold:
You'll want to read "Silver's Breakdown or Bear Trap?"
by Gene Arensberg, just posted at Resource Investor,
not so much for its technical analysis of the silver
price -- for those who believe that the precious
metals markets are manipulated, technical analysis is
no more helpful than astrology -- as for its
acknowledgement of that manipulation, as manifested
Are hedge funds out of control, threatening the financial system again?
Submitted by cpowell on Sun, 2005-07-03 03:00 Section: Daily Dispatches11:10a ET Friday, July 1, 2005
Dear Friend of GATA and Gold:
John Hathaway, manager of the Tocqueville Gold
Fund, writes in a new study, "A Process of
Elimination: A Speculation on Gold and the
Credit Cycle," that circumstances are coming
together in gold's favor and that the
environment for gold will be best of all when
central banks have completely dishoarded their
price-manipulating stocks. You can find
John Hathaway: A speculation on gold and the credit cycle
Submitted by cpowell on Fri, 2005-07-01 03:00 Section: Daily DispatchesBy Theodore Butler
InvestmentRarities.com
Tuesday, June 28, 2005
There has been much commentary recently concerning a prospective
silver exchange- traded fund (ETF), culminating with the announcement
that Barclays had filed with the U.S. Securities and Exchange
Commission for permission to offer such a fund.
Make no mistake; this is big news for silver. And, in my opinion, it
will be only good news regardless of the actual final outcome.
Britain fines Citigroup for euro bond market rigging
Submitted by cpowell on Tue, 2005-06-28 03:00 Section: Daily Dispatches10:56p ET Monday, June 27, 2005
Dear Friend of GATA and Gold:
Peter Schiff, CEO and chief global strategist of Euro
Pacific Capital in Darien, Connecticut, has written a
great little essay about America's relationship with
China, "Theater of the Absurd," noting, in part:
"Short of a formal declaration of war, the single most
damaging thing that China could do to America is
Ted Butler: Silver ETF is great if it succeeds and just as great if it fails
Submitted by cpowell on Tue, 2005-06-28 03:00 Section: Daily DispatchesBy Carmel Crimmins and Alistair MacDonald
Reuters
Tuesday, June 28, 2005
http://go.Reuters.com/newsArticle.jhtml;jsessionid=WMUP0ZVNSPPCYCRBAEO
CFFA?type=topNews&storyID=8915379
LONDON -- Britain's Financial Services Authority said on Tuesday it
had fined the world's largest bank, Citigroup, 13.96 million pounds
More decline of dollar ''almost inevitable,'' BIS says
Submitted by cpowell on Mon, 2005-06-27 03:00 Section: Daily DispatchesInvestors Hope the Fed
Will Come to the Rescue
By E.S. Browning
The Wall Street Journal
Monday, June27,2005
As this week moves ahead, Wall Street could begin to resemble one of
those old E.F. Hutton brokerage-firm commercials: when the Fed
talks, people will listen.
By Thursday, when the Federal Reserve finishes its two-day meeting
on interest rates, traders and money managers could pause in their
Peter Brimelow: Is GLD as good as gold? GATA guys say no
Submitted by cpowell on Mon, 2005-06-27 03:00 Section: Daily DispatchesBy Steve Whitehouse
AFX News Ltd. via Forbes
Monday, June 27, 2005
http://www.forbes.com/markets/feeds/afx/2005/06/27/afx2111921.html
BASEL, Switzerland -- The Bank for International Settlements said a
further decline in the dollar is "almost inevitable" as part of the
correction of global current account imbalances.
Gold is cheaper than ever relative to oil, Resource Investor reports
Submitted by cpowell on Mon, 2005-06-27 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, June 27, 2005
http://www.Marketwatch.com/news/story.asp?
column=Peter+Brimelow&siteid=mktw&dist=
NEW YORK -- Gold grinds on -- but a new gold vehicle has the
newsletters quarrelling.
Bullion finished last week above $440, after exceptional volume,
reflecting an extraordinary clash between buyers and sellers.
Peter Schiff: America''s relationship with China is ''theater of the absurd''
Submitted by cpowell on Mon, 2005-06-27 03:00 Section: Daily Dispatches10:32p ET Monday, June 27, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood reports tonight that
the gold/oil price ratio has reached a record
disproportion, with gold priced lower than ever
relative to oil. Wood declines to speculate on
causes for this, but in his debate May 23 with
GATA consultant James Turk in New York during
the gold show there, a transcript of which can be
Turk was misquoted on Buffett but sees more breakouts for gold
Submitted by cpowell on Sun, 2005-06-26 03:00 Section: Daily DispatchesGold rush may mean inflation bust;
The metal's recent jump worldwide
and high oil prices signal
serious inflation pressures ahead.
By Katie Benner
CNN/Money
Friday, June 24, 2005
http://money.cnn.com/2005/06/24/markets/gold_inflation/index.htm?
section=money_topstories
NEW YORK -- Gold rising along with the dollar -- and with oil