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Daily Dispatches
Brimelow and Rubenstein: Inflation -- if not now, then later
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily DispatchesGold ETF continues to shine;
assets near $2 billion
as fund adds 47 tonnes to holdings
By John Spence
CBS MarketWatch.com
Friday, January 14, 2005
http://cbs.marketwatch.com/news/story.asp?
dist=¶m=archive&siteid=mktw&guid=%7B2FD6CE33%2D85AA%2D4503%2D8F92%
2DB86F1005D39E%7D&garden=&minisite=
BOSTON -- After quickly gathering $1 billion in assets
Buenaventura won''t hedge more but pushes past hedges deep into future
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily DispatchesBy Peter Brimelow and Edwin S. Rubenstein
CBSMarketWatch.com
Monday, January 17, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7B703E313D%2DB53A%
2D46D7%2DB8CF%2D76EB20297031%7D&siteid=mktw&dist=
NEW YORK -- The good news on inflation may be bad
news -- especially in the long term.
The market liked Friday's decline in the producer price
Dollar near two-month high; foreigners increase asset purchases
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily DispatchesCompany Press Release via PR Newswire
Buenaventura Restructures Long-Term Hedge Book Profile
Tuesday, January 18, 2005
http://biz.yahoo.com/prnews/050118/mxtu003_1.html
LIMA, Peru -- Compania de Minas Buenaventura S.A.A. (BVN),
Peru's largest publicly traded precious metals mining company,
today announced the restructuring of its hedge book. The new
Ted Butler says gold and silver plunge likely over; and a silver price contest
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily DispatchesBy John Brinsley
Bloomberg News Service
Wednesday, January 19, 2005
http://www.bloomberg.com/apps/news?
pid=10000101&sid=aE7OzCfe1L2w&refer=japan
TOKYO -- The dollar traded near a two-month high
against the euro in Asia as a Treasury Department
report showed international investors increased
buying of U.S. assets.
The U.S. currency also drew support from comments
Murphy''s ''Midas'' commentary for January 17 posted in the clear at GoldSeek
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily Dispatches9:25p ET Tuesday, January 18, 2005
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler's latest commentary,
appended, argues that the latest smashing of gold
and silver prices on the commodities exchange is
over and that there's a strong chance of a pop in
silver particularly.
In that respect you might want to check out a
silver price-guessing contest being run by Sino
Silver Corp., which is offering 100 ounces of
John Mauldin: Central bank purchases of Treasuries is no sign of U.S. strength
Submitted by cpowell on Tue, 2005-01-18 03:00 Section: Daily Dispatches9:31p ET Tuesday, January 18, 2005
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary
for Monday, January 17, at LeMetropoleCafe.com
has been posted in the clear at GoldSeek.com
here:
http://news.goldseek.com/LemetropoleCafe/1106060482.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold ETF nears doubling of assets at launch
Submitted by cpowell on Sun, 2005-01-16 03:00 Section: Daily DispatchesData may add to dollar's doldrums
The New York Times
Sunday, January 16, 2005
http://www.nytimes.com/2005/01/16/business/yourmoney/16mark.html
The report last Wednesday that the monthly trade
deficit reached $60.3 billion in November surprised
forecasters and sent the dollar reeling against other
major currencies.
Decline in foreign investment in U.S. is greater than it appears
Submitted by cpowell on Sat, 2005-01-15 03:00 Section: Daily DispatchesFrom Reuters
Thursday, January 13, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7321265
FRANKFURT -- The European Central Bank will post a 2004
budget loss for the second year in a row due to the U.S.
dollar's decline against the euro, the ECB Vice President
Lucas Papademos said on Thursday.
Thailand plans major shift of reserves from dollar to euro and Asian bonds
Submitted by cpowell on Thu, 2005-01-13 03:00 Section: Daily DispatchesBy Jennifer Hughes
Financial Times
Monday, January 10, 2005
http://news.ft.com/cms/s/918f8a8c-60f0-11d9-af5a-00000e2511c8%
2Cstream%3DFTSynd%2Cs01%3D2.htmlWall
"You should always, always, keep 10 percent of your portfolio in
gold," says Frank Holmes, chief investment officer of US Global
Investors, a Texas-based group of funds.
First Silver Reserve puts more of its cash into metal that can''t be leased
Submitted by cpowell on Thu, 2005-01-13 03:00 Section: Daily DispatchesBusiness Day, Bangkok, Thailand
Thursday, January 13, 2005
http://bday.net/detail.asp?id=61154
The government wants to cut the proportion of Thailand's
$50 billion worth of foreign reserves kept in US
dollar-denominated assets, to cut the risks associated
with the currency's roller-coaster ride on the forex
markets.
Olarn Chaiprawat, adviser to Minister of Finance Somkid
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