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Daily Dispatches
Resource Investor: Miners have bought as much gold sold by central banks
Submitted by cpowell on Fri, 2004-11-12 03:00 Section: Daily DispatchesBy Richard S. Appel
Financial Insights
November 4, 2004
Many investors and traders who have a keen desire
for higher gold complex prices believe that it will be
wonderful when gold finally breaks free from the
shackles that have long restrained it and soars
wildly higher in price. Some of these individuals
believe that gold is headed toward $600, while others
Gold at 16-year high, up $4 for week
Submitted by cpowell on Fri, 2004-11-12 03:00 Section: Daily Dispatches10:39a CT Friday, November 12, 2004
Dear Friend of GATA and Gold:
Tim Wood reports at ResourceInvestor.com that, contrary
to expectations, gold mining companies have not slowed
down the closing of their forward sales but rather seem
to have bought up all the gold sold by the European
central banks in recent years. You can find Wood's
report here:
Doug Casey: U.S. government won''t avert dollar''s collapse
Submitted by cpowell on Fri, 2004-11-12 03:00 Section: Daily DispatchesBy Myra P. Saefong
CBSMarketWatch.com
Friday, November 12, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7BA0C02690%2D55DF%
2D4401%2DA0D7%2D95F6483775F8%7D&siteid=mktw&dist=
SAN FRANCISCO -- Gold futures logged a gain of $4
an ounce for the week to close Friday at a level the
market hasn't seen since July 1988, boosted by a
Japanese paper says U.S. assents to weaker dollar; 20-30% devaluation speculated
Submitted by cpowell on Fri, 2004-11-12 03:00 Section: Daily DispatchesBy Doug Casey
www.DailyReckoning.com
Thursday, November 11, 2004
I must admit that on Election Night I was hoping one of
two things would happen: Either no one would turn out
to vote, thereby delegitimizing our rulers in D.C., or,
more realistically, that one party would dominate
Congress while the other took the presidency. The latter
would, ideally, have resulted in gridlock for the next four
Gold supply is under pressure, Merrill fund manager says
Submitted by cpowell on Wed, 2004-11-10 03:00 Section: Daily DispatchesBy Dow Jones News Service
Wednesday, November 10, 2004
a href=http://sg.biz.yahoo.com/041110/15/3oel8.htmlhttp://sg.biz.yahoo.com/0411...
SYDNEY -- Merrill Lynch Investment Managers have a
favorable outlook for gold, underpinned primarily by
emerging pressures on supply, a leading member of
the firm's London-based natural resources team said
late Tuesday.
Amid quot;relatively staticquot; demand, falling mine output
James Turk: The buck drops here
Submitted by cpowell on Wed, 2004-11-10 03:00 Section: Daily Dispatches3:58p CT Wednesday, November 10, 2004
Dear Friend of GATA and Gold:
GoldMoney proprietor James Turk, editor of the
Freemarket Gold amp; Money Report and consultant
to GATA, has just posted commentary titled
quot;The Buck Drops Here.quot; As usual, Turk has
some pretty compelling dollar and gold charts
to accompany his analysis. You can find it
in the quot;Founder's Commentaryquot; box at the
Gold traders are in for a bumpy ride
Submitted by cpowell on Tue, 2004-11-09 03:00 Section: Daily DispatchesBy Myra P. Saefong
CBS.MarketWatch.com
Tuesday, November 9, 2004
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7B177AE6AD%2DBDC5%http:/...
2D4C77%2DB6BA%2D9DDBB565D0D3%7Damp;siteid=mktwamp;dist=
SAN FRANCISCO -- Gold futures have climbed to their
highest levels in 16 years and are unlikely to stop there.
But traders face a very bumpy ride ahead.
Peter Brimelow: Gold quietly reaches critical level
Submitted by cpowell on Mon, 2004-11-08 03:00 Section: Daily DispatchesBy Peter Brimelow
CBS.MarketWatch.com
Monday, November 8, 2004
a href=http://cbs.marketwatch.com/news/story.asp?guid=%7BAD34845E%2DED6D%http:/...
2D4BD2%2D9C58%2DDEB60E3B555E%7Damp;siteid=mktwamp;dist=
NEW YORK -- Gold's spot price closed at $434.30 on
Friday -- its highest level since December 1988. It's
been trending relentlessly upward since May.
Thayer Watkins: ''Episodes of Hyperinflation''
Submitted by cpowell on Mon, 2004-11-08 03:00 Section: Daily Dispatches7:08p ET Monday, November 8, 2004
Dear Friend of GATA and Gold:
Thanks to GATA supporter Mark Lundeen for calling
attention to quot;Episodes of Hyperinflationquot; by San
Jose State University economics professor Thayer
Watkins. Its accounts are fascinating, pathetic,
and tragic. But before anyone starts feeling
superior to the people whose lives were devastated
by government's mismanagement of monetary systems
Financial Times discovers that gold isn''t quite so dead after all
Submitted by cpowell on Mon, 2004-11-08 03:00 Section: Daily Dispatches9p ET Monday, November 8, 2004
Dear Friend of GATA and Gold:
Seven months ago the Financial Times bade gold
good riddance, so how, Resource Investor's Tim
Wood asks, can the paper miss the irony of its
acknowledging gold's seeming comeback the
other day? You can find Wood's commentary
here:
a href=http://www.resourceinvestor.com/pebble.asp?relid=6987http://www.resource...
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