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Daily Dispatches
Bank of Japan will keep easy monetary policy
Submitted by cpowell on Sun, 2005-03-06 03:00 Section: Daily DispatchesFrom Reuters
Sunday, March 6, 2005
http://www.reuters.co.uk/newsArticle.jhtml?
type=topNews&storyID=7818513
BASEL, Switzerland -- Asian banks have reduced the share of deposits
held in U.S. dollars in favour of other currencies like the euro,
according to new central bank data released on Sunday.
The share of U.S.-dollar-denominated deposits placed with Asian
China to keep yuan''s peg to dollar for ''relatively long time''
Submitted by cpowell on Sun, 2005-03-06 03:00 Section: Daily DispatchesFrom Reuters
Sunday, March 6, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7818579
BASEL, Switzerland -- Bank of Japan Governor Toshihiko Fukui said on
Sunday that rising oil prices and future currency movements posed
risks for Japan's economy, but repeated he would keep the current
Gold''s heroes will speak at CMRE spring meeting in New York
Submitted by cpowell on Sat, 2005-03-05 03:00 Section: Daily DispatchesFrom Bloomberg News Service
Taipei Times, Taiwan
Saturday, March 5, 2005
http://www.taipeitimes.com/News/biz/archives/2005/03/05/2003225595
The New Taiwan dollar weakened, snapping an 11-day rally,
after a Chinese-language business daily reported the central
bank may sell the currency to stem its gains.
The NT dollar fell NT$0.087 to close at NT$30.95 against its
Julian Phillips: French gold sales have stopped
Submitted by cpowell on Fri, 2005-03-04 03:00 Section: Daily Dispatches10:44p ET Thursday, March 3, 2005
Dear Friend of GATA and Gold:
What we might as well start calling the Woertz
Report -- the study just published by the Gulf
Research Center in Dubai -- is already getting
noticed around the world, and GATA has high
hopes for it. The excerpt appended here from
tonight's edition of the HCM Daily Client Market
Letter, published by Harris Capital Management
Central bank threatens traders with intervention if Taiwan dollar keeps rising
Submitted by cpowell on Fri, 2005-03-04 03:00 Section: Daily Dispatches8:27p ET Friday, March 4, 2005
Dear Friend of GATA and Gold:
Julian D.W. Phillips, editor of Gold-Authentic
Money, reports that French gold sales have
stopped. You can find his analysis at
GoldSeek here:
http://news.goldseek.com/AuthenticMoney/1110121200.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Dubai study warns oil producers that Western banks rig gold market
Submitted by cpowell on Thu, 2005-03-03 03:00 Section: Daily Dispatches11:20p ET Wednesday, March 2, 2005
Dear Friend of GATA and Gold:
David Bond, author of the Wallace Street Journal
column, may be the best writer in this business,
as indicated by his new essay, "Redemption,"
which is appended here as a sobering reminder of
the real work done behind all the philosophizing,
argument, and investment calculations.
Bond's essay echoes William Jennings Bryan's
GATA distributes international press release on gold-rigging report from Dubai
Submitted by cpowell on Thu, 2005-03-03 03:00 Section: Daily Dispatches12:35a ET Thursday, March 3, 2005
Dear Friend of GATA and Gold:
A study published by a research foundation in Dubai
has endorsed the Gold Anti-Trust Action Committee's
findings that Western central and commercial banks
have rigged the gold market but have much less gold
than they claim to have and so are vulnerable to
rising demand for gold. The study recommends that the
oil-producing countries of the Middle East diversify
Harris Capital Management: The real currency is crude oil
Submitted by cpowell on Thu, 2005-03-03 03:00 Section: Daily Dispatches1:24p ET Thursday, March 3, 2005
Dear Friend of GATA and Gold:
Below is the press release GATA has just
distributed internationally by the
Business Wire service to publicize the
report of the Gulf Research Center in
Dubai endorsing our findings about the
rigging of the gold market. GATA has paid
$2,000 to have the release translated into
Arabic and Hebrew and sent to all major
news organizations in the Middle East, so
David Bond: Redemption for the hard-rock miner
Submitted by cpowell on Wed, 2005-03-02 03:00 Section: Daily Dispatches8:32p ET Tuesday, March 1, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary for
March 1 at LeMetropoleCafe.com reports an explosive
development -- publication of an Arab world equivalent
of the Sprott report about manipulation of the gold
price. More about that shortly, but in the meantime
you can find the "Midas" commentary in the clear at
Ted Butler: Commitment of traders report update
Submitted by cpowell on Tue, 2005-03-01 03:00 Section: Daily DispatchesCitigroup Sees 1,400 Job Cuts
From Reuters
Monday, February 28, 2005
http://biz.yahoo.com/rb/050228/financial_citigroup_1.html
NEW YORK --- Citigroup Inc., the world's largest financial services
company, on Monday said it will cut about 1,400 jobs in its
corporate and investment bank in early 2005, and take a related $275