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Daily Dispatches
Canada suddenly discovers that it''s a gold-mining country
Submitted by cpowell on Wed, 2004-10-06 03:00 Section: Daily DispatchesGold, and gold stocks, have enjoyed
a rapid run-up since May.
Do they have more room to run?
By Mark Gongloff
CNN/Money Senior Writer
Wednesday, October 6, 2004
http://money.cnn.com/2004/10/06/markets/gold/?cnn=yes
NEW YORK -- Confronted with a shaky U.S. dollar,
soaring oil prices, sluggish stocks, and the
ever-present threat of terrorism, investors have
Keith Barron: Rigging the gold market is nothing new
Submitted by cpowell on Wed, 2004-10-06 03:00 Section: Daily DispatchesCanada Resists British Plan
to Revalue IMF Gold Reserves
ByBarrie McKenna
The Globe & Mail, Toronto
Monday, October 4, 2004
http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/2004100
4/RWORBANK04/TPBusiness/?query=IMF
WASHINGTON -- Canada has thrown up a major
new roadblock to a debt-cancellation deal for the
More proof of central bank intervention against gold, and that it''s failing
Submitted by cpowell on Tue, 2004-10-05 03:00 Section: Daily Dispatches8:20p ET Monday, October 4, 2004
Dear Friend of GATA and Gold:
Here's another great story by Reuters' Canadian
mining correspondent, Nicole Mordant. It's about
objections in Canada to the Chinese government's
bid for the great Canadian mining house, Noranda.
One need no special sympathy for the Chinese to
see that these objections are awfully hypocritical.
Canada has aligned itself slavishly to the U.S.
The most gold-friendly speech by a central banker since DeGaulle''s days
Submitted by cpowell on Tue, 2004-10-05 03:00 Section: Daily Dispatches9:08p ET Tuesday, October 5, 2004
Dear Friend of GATA and Gold:
GATA supporter Dan Norcini, a professional commodities
trader, has written a wonderful essay about how the gold
market differs mysteriously from all other commodities
markets. Don't let the technical title scare you -- "The
Anomalous Open Interest Pattern of the Gold Market"
-- for the essay is really crystal clear and not all
GATA issues international press release about central banker''s suppressed speech
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily DispatchesBy Mark Drajem
Bloomberg News
Sunday, October 3, 2004
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aqInugWKloSg&refer=home
WASHINGTON -- China offered no new timetable for
changing a 9-year-old peg of its currency to the
dollar, and warned U.S. policy makers not to press
too hard for a change.
"What we are trying to do is create the conditions for
Peter Brimelow: Gold''s geezers are pleased but patient
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily Dispatches8:40a ET Monday, October 4, 2004
Dear Friend of GATA and Gold:
GATA today issued an international press release
via the Business Wire news service about the
June speech of the Bank of Russia's deputy
chairman, Oleg V. Mozhaiskov, to the London
Bullion Market Association, which the LBMA
suppressed. The press release can be found here:
Julian Phillips: Maybe the central banks won''t be selling more gold after all
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, October 4, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B51AB148C%2DBB3C%
2D4360%2DA7D3%2D6B1A30B18603%7D&siteid=mktw
NEW YORK -- Gold's powerful move to $420 last week
tormented the technicians but left the gold geezers patient
as ever.
One gold-skeptical chartist, Martin Pring, wrote in his
Canada dislikes China''s bid for Noranda but shares responsibility for it
Submitted by cpowell on Mon, 2004-10-04 03:00 Section: Daily Dispatches12:37p ET Monday, October 4, 2004
Dear Friend of GATA and Gold:
Julian D.W. Phillips, editor of the Gold-Authentic Money
newsletter, takes note of the virtual silence about gold
at the International Monetary Fund meeting in Washington
over the weekend and speculates that the central banks
are not going to be selling more gold after all. You can
find Phillips' commentary at GoldSeek.com here:
James Turk: Gold is likely to break $430 barrier soon
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily DispatchesBy Gilbert Le Gras
Reuters
Saturday, October 2, 2004
http://www.reuters.com/newsArticle.jhtml?
type=reutersEdge&storyID=6396190
WASHINGTON -- Many Group of Seven rich nations
and gold-mining powerhouse South Africa are
concerned about a proposal to revalue some IMF
gold to fund debt relief for poor nations,
officials said on Saturday.
Clive Maund: Expect the explosion just after the presidential election
Submitted by cpowell on Sun, 2004-10-03 03:00 Section: Daily Dispatches11:25a ET Sunday, October 3, 2004
Dear Friend of GATA and Gold:
James Turk, editor of the Freemarket Gold & Money
Report, proprietor of GoldMoney.com, and consultant
to GATA, has updated his dollar, gold, and yen/gold
charts and concluded that gold's 16-year record of
$430 will be broken on the next attempt and very
soon. You can find Turk's analysis in the "Founder's
Commentary" box at the top left of the GoldMoney
Pages
