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Daily Dispatches
China may diversify dollar reserves into oil, Shanghai paper says
Submitted by cpowell on Tue, 2005-05-31 03:00 Section: Daily DispatchesCitigroup to Pay $208 Million to Settle
SEC Fraud Charges Related to a Transfer Agent
By The Associated Press
Tuesday, May 31, 2005
http://biz.yahoo.com/ap/050531/sec_citigroup.html?.v=5
NEW YORK -- Citigroup Inc. has agreed to pay $208 million to settle
fraud charges brought by the Securities and Exchange Commission
South Africa stewing over job losses and rand interest rates
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesGold May Climb as Rising Oil Costs
Spur Inflation, Bloomberg Survey Says
By Choy Leng Yeong
Bloomberg News Service
Monday, May 30, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aAd9NrZYPYB8&refer=home
Gold may climb for a second week on speculation rising energy costs
will fuel inflation, boosting the appeal of the metal as an
More about the U.S. Army''s 102nd Disinformation Battalion
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesSouth African Union Congress
Sets Date for National Strike
By South African Press Association
via Finance24.com
Thursday, May 26, 2005
http://www.finance24.com/articles/economy/display_article.asp?
ArticleID=1518-25_1711659
JOHANNESBURG -- The Congress of South African Trade Unions will
start strike action on June 27 in a programme of action that will
Impending devastation in South Africa''s gold mining industry
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily Dispatches12:16p ET Monday, May 30, 2005
Dear Friend of GATA and Gold:
GATA's Sunday dispatch alerting you to the latest
appearance on Canada's Report on Business
Television by Sprott Asset Management's chief
investment strategist, John Embry, asserted that
the program would be accessible on ROB-TV's
Internet archive only through Wednesday
because after that it would be "jammed by the
U.S. Army's 102nd Disinformation Battalion at
South African gold production falls nearly 13 percent
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily Dispatches12:28p ET Monday, May 31, 2005
Dear Friend of GATA and Gold:
For more on the devastation impending in the gold
mining industry in South Africa and the likely drop
in gold production and employment there, MiningMX
offers a report by David McKay here:
http://www.miningmx.com/gold_silver/444942.htm
CHRIS POWELL, Secretary/Treasurer
Bank of Canada''s governor warns of worldwide economic imbalances
Submitted by cpowell on Mon, 2005-05-30 03:00 Section: Daily DispatchesSouth African Q1 Gold Output
Falls 12.8 Percent on Rand
From Reuters
Monday, May 30, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=8642333
JOHANNESBURG -- Gold output in South Africa, the world's biggest
producer, extended its decline in the first quarter, falling 12.8
USAGold compiles Fed Chairman Greenspan''s exchanges with Rep. Ron Paul
Submitted by cpowell on Sun, 2005-05-29 03:00 Section: Daily DispatchesNY AG Spitzer Files Suit Against AIG,
Says Fraud Was Used to Boost Stock Price
By Michael Gormley
Associated Press
Thursday, May 26, 2005
http://biz.yahoo.com/ap/050526/aig_probe.html?.v=12
ALBANY, N.Y. -- New York Attorney General Eliot Spitzer on Thursday
filed a civil suit against American International Group Inc.,
accusing the nation's largest insurance company and two former top
Sprott''s Embry tells Canada''s ROB-TV about BIS gold derivatives report
Submitted by cpowell on Sun, 2005-05-29 03:00 Section: Daily Dispatches1:46a ET Sunday, May 29, 2005
Dear Friend of GATA and Gold:
USAGold has compiled and posted all the exchanges
between Federal Reserve Chairman Alan Greenspan and
U.S. Rep. Ron Paul, R-Texas, a member of the House
Financial Services Committee, during Greenspan's
appearances before the committee from 1997 through
2004.
These exchanges include much interesting comment about
gold and the international monetary system but,
Gulf Cooperation Council urged to peg its regional currency to gold
Submitted by cpowell on Sun, 2005-05-29 03:00 Section: Daily Dispatches12:33a ET Sunday, May 28, 2005
Dear Friend of GATA and Gold:
Sprott Asset Management's chief investment strategist,
John Embry, got an hour on Canada's Report on
Business Television last Thursday and in the opening
few minutes called Canada's attention to the recent
explosion in gold derivatives as reported by the Bank
for International Settlements. This, Embry said, is
powerful evidence of intervention against gold but,
Citigroup to be fined for ''control failures,'' not market manipulation
Submitted by cpowell on Sun, 2005-05-29 03:00 Section: Daily DispatchesGCC Urged to Peg Its Currency to Gold
P.V. Vivekanand
Arab News
Jeddah, Saudi Arabia
Sunday, May 29, 2005
http://www.arabnews.com/?page=6ion=0&article=64538&d=29&m=5&y=2005
SHARJAH, Saudi Arabia -- The Gulf Cooperation Council
should peg its proposed currency to gold rather than
the American dollar or euro in view of the currency