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Daily Dispatches
Marshall Loeb: Double deficits and the faith-based dollar
Submitted by cpowell on Sun, 2004-11-07 03:00 Section: Daily DispatchesBy Marshall Loeb
CBS.MarketWatch.com
Friday, November 5, 2004
a href=http://cbs.marketwatch.com/news/story.asp?http://cbs.marketwatch.com/new...
dist=amp;param=archiveamp;siteid=mktwamp;guid=%7B9FD981A2%2D4548%2D4761%2D9367%
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NEW YORK -- As if President Bush doesn't have enough
economic and investment problems to worry about in his
Bloomberg''s weekly gold price forecast survey gets it right half the time
Submitted by cpowell on Sun, 2004-11-07 03:00 Section: Daily DispatchesBy Choy Leng Yeong
Bloomberg News
Monday, November 8, 2004
a href=http://quote.bloomberg.com/apps/news?pid=nifeaamp;amp;sid=aOSOl0uxw0RQht...
Gold may top a 15-year high of $435 an ounce on
speculation the re-election of U.S. President George
W. Bush will erode the dollar's value and make
precious metals more appealing than U.S. stocks
John Hathaway: Beardsley Ruml''s Road to Ruin, Part 1
Submitted by cpowell on Sun, 2004-11-07 03:00 Section: Daily Dispatches11:19p ET Sunday, November 7, 2004
Dear Friend of GATA and Gold:
John Hathaway, manager of the Tocqueville Gold Fund,
has just written a long analysis of the prospects for
gold and the world financial system, quot;Beardsley Ruml's
Road to Ruin.quot; Hathaway's work may be especially
satisfying to GATA supporters for quoting from the
speech given to the June meeting of the London
Bullion Market Association in Moscow by Oleg V.
Part 2: John Hathaway, ''Beardsley Ruml''s Road to Ruin''
Submitted by cpowell on Sun, 2004-11-07 03:00 Section: Daily DispatchesImbalances must proliferate on artificial suppositions.
Asset values are marked to market in the absence of
an objective standard of value. Credit is extended on
the same false pretenses.Returns are illusory; the
security of credits a fiction. It is the sort of thing that
can happen, unchecked, only in a regime of central
planning.
The misdirection of capital flows in the current global
economy is illustrated by the U.S. trade deficit, the
Hathaway''s analysis is also posted at GoldSeek.com
Submitted by cpowell on Sun, 2004-11-07 03:00 Section: Daily Dispatches11:44p ET Sunday, November 7, 2004
Dear Friend of GATA and Gold:
You can also find John Hathaway's essay,
quot;Beardsley Ruml's Road to Ruin,quot; and its
chart work at GoldSeek.com here:
a href=http://news.goldseek.com/Tocqueville/1099928662.phphttp://news.goldseek....
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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Financial Times: Stars aligned for gold; bullion fund may get SEC OK next week
Submitted by cpowell on Sat, 2004-11-06 03:00 Section: Daily DispatchesGold market harking back to 1970s
By Kevin Morrison
Financial Times, London
Friday, November 5, 2004
a href=http://news.ft.com/cms/s/a7beab52-2f1e-11d9-984e-00000e2511c8.htmlhttp:/...
The gold market is starting to resemble its 1970s form
after the price of the precious metal hit a 16-year high
on Friday, making the current rally the second-longest
BP Energy fined for conspiring to post phony electricity prices
Submitted by cpowell on Thu, 2004-11-04 03:00 Section: Daily DispatchesBy Peter Brimelow and Ed Rubenstein
CBS.MarketWatch.com
Tuesday, November 2, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7BF9393879%2D35F0%
2D494B%2DBEB2%2D94BD328B929F%7D&siteid=mktw
NEW YORK -- Remember the boy who cried wolf -- and
one day the wolf ate him? How about crying "foreign
debt"?
Two new precious metals-oriented Internet sites
Submitted by cpowell on Thu, 2004-11-04 03:00 Section: Daily Dispatches"Conspiracies rarely exist."
-- Dennis Gartman
in The Gartman Letter,
September 14, 2004
* * *
Statement by the U.S. Commodity Futures Trading Commission
Thursday, November 4, 2004
http://www.cftc.gov/opa/enf04/opa5018-04.htm
WASHINGTON -- The U.S. Commodity Futures Trading
Commission (CFTC) today announced the filing and
Richard S. Appel: Gold bugs, be careful about what you wish for
Submitted by cpowell on Thu, 2004-11-04 03:00 Section: Daily Dispatches9:40p ET Thursday, November 4, 2004
Dear Friend of GATA and Gold:
GATA's great South African friend and a great
advocate of gold and of South Africa itself,
Peter George, has started a financial newsletter
and Internet site, which can be found here:
http://www.investmentindicators.com
The site is worth checking simply for George's brief
We''re supposed to think that dollar policy is just a matter of talk, not action
Submitted by cpowell on Tue, 2004-11-02 03:00 Section: Daily DispatchesFrom Reuters
Monday, November 1, 2004
http://www.reuters.com/financeNewsArticle.jhtml?
type=bondsNews&storyID=6679889
WASHINGTON -- Gold producer Barrick Gold Corp.
on Monday said it plans to periodically sell up to
$1 billion in debt securities.
In a registration statement filed with the U.S.
Securities and Exchange Commission, the
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