You are here
Daily Dispatches
Everybody will talk about the dollar but nobody will do anything about it
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily DispatchesBy Clare Black and Veronica Brown
Reuters
Tuesday, February 1, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=7498285
LONDON -- Gold producers planning to cash in on the rising price for
their precious metal will further reduce forward selling commitments
in 2005, but the pace will slow, analysts said.
Ted Butler: Traders report shows silver is now an ultra-low-risk buy
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily DispatchesBy John Parry
Reuters
Tuesday, February 1, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh23473_2005-02-01_19-05-55_n01411133_newsml
NEW YORK -- The long-declining dollar will be on their minds when
finance ministers from the Group of Seven richest countries meet
Friday and Saturday in London, but analysts don't expect the
Eric Fry: What if someone had to write a prospectus for the U.S. dollar?
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily DispatchesBy Ted Butler
Tuesday, February 1, 2005
www.InvestmentRarities.com
The latest Commitment of Traders Report (COT) indicated a
continued improvement in the market structure for gold and
silver. This is the third consecutive weekly improvement in
the COTs since the bottom in early January. In gold the
dealers have reduced their net short position in COMEX
futures by over 112,000 contracts (11.2 million ounces) and
Kitco and Doug Casey team up in new Internet site
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily DispatchesBy Eric J. Fry
Tuesday, February 1, 2005
http://www.dailyreckoning.com/RudeAwake/Articles/Riskfactors.html
"You should consider carefully the risks described below
before making an investment decision," advises the
prospectus of the streetTRACKS Gold Shares (NYSE: GLD).
"Fluctuations in the price of gold could materially
Canadian Broadcasting Co. radio takes note of GATA''s Gold Rush 21 conference
Submitted by cpowell on Mon, 2005-01-31 03:00 Section: Daily DispatchesBy Joshua Krongold
Bloomberg News Service
Monday, January 31, 2005
http://www.bloomberg.com/apps/news?
pid=10000087&sid=aRC3_VPgxMgI&refer=top_world_news
NEW YORK -- The dollar may fall for the first week in three on
speculation Federal Reserve policy makers will keep a commitment to
raise their benchmark interest rate at a "measured pace," according
John Embry tells miners of gold price manipulation, predicts $1,000 per ounce
Submitted by cpowell on Mon, 2005-01-31 03:00 Section: Daily Dispatches11:55p ET Sunday, January 30, 2005
Dear Friend of GATA and Gold:
Here's a transcript of a radio report broadcast
this week by the Canadian Broadcasting Co. from
Whitehorse, Yukon Territory, about GATA's plans
for the Gold Rush 21 conference in Dawson City
in August.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
CBC Announcer: International bankers, brokers, and
Another conspiracy that''s not likely to make The Gartman Letter
Submitted by cpowell on Mon, 2005-01-31 03:00 Section: Daily Dispatches8:36a ET Monday, January 31, 2005
Dear Friend of GATA and Gold:
MineWeb reports at length the views of Sprott Asset
Management's Chief Investment Strategist John
Embry, as expressed to the Mining Exploration
Roundup in Vancouver the other day. Embry said
the gold price is heavily manipulated by central
banks and bullion banks but will break out to $800
to $1,000 per ounce and beyond, because paper
Consensus in Davos is that dollar hasn''t yet hit bottom
Submitted by cpowell on Sun, 2005-01-30 03:00 Section: Daily DispatchesBy Stella Dawson
Reuters
Saturday, January 29, 2005
http://www.reuters.com/newsArticle.jhtml?
type=businessNews&storyID=7474266
DAVOS, Switzerland -- The U.S. current account gap is unlikely to
narrow this year, putting stress on the U.S. dollar which is risky
for the global economy, European Central Bank Governing Council
member Axel Weber said on Saturday.
No hastening expected in Fed''s interest rate increases
Submitted by cpowell on Sun, 2005-01-30 03:00 Section: Daily DispatchesBy Christopher Nobel
CBSMarketWatch.com
Sunday, January 30, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7B08A77C88-AEAB-4F10-
9E07-A7BD2BA67A47%7D&siteid=mkwt
DAVOS, Switzerland -- Look out below.
That appeared to be the consensus about the U.S. dollar's future
among many of the participants leaving this small Alpine ski resort
Don''t worry, the dollar won''t crash....
Submitted by cpowell on Sat, 2005-01-29 03:00 Section: Daily DispatchesBy James Hertling
Bloomberg News Service
Saturday, January 29, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aAvDTJpsO1Nk&refer=home
DAVOS, Switzerland -- Bill Gates, the world's richest person
with a net worth of $46.6 billion, is betting against the U.S.
dollar.
"I'm short the dollar," Gates, chairman of Microsoft Corp., told
Pages
