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Daily Dispatches
Gold will rise with or without inflation, experts predict
Submitted by cpowell on Wed, 2004-05-19 03:00 Section: Daily Dispatches11:18p ET Tuesday, May 18, 2004
Dear Friend of GATA and Gold:
Stanlie Hunt of the "SmartStox On-Line Talk Show"
turned his microphone over to GATA Chairman Bill
Murphy at the recent natural resources investment
conference in Calgary, which was sponsored by
Cambridge House, and the result was a little pep
talk that you can see and hear via this link at
Kitco:
Dan Denning: Fed is inflating everything except wages, which ensures deflation
Submitted by cpowell on Wed, 2004-05-19 03:00 Section: Daily DispatchesGold prices seen shining in coming months
Analysts say a drop in U.S. dollar
would push bullion up even if inflation doesn't
ByAllan Robinson
Globe & Mail, Toronto
Wednesday, May 19, 2004
http://www.theglobeandmail.com/servlet/ArticleNews/TPStory/LAC/2004051
9/RGOLD19/TPBusiness/MoneyMarkets
Inflation or no inflation, gold prices are headed higher
Are the dollar rally and the gold plunge over?
Submitted by cpowell on Wed, 2004-05-19 03:00 Section: Daily DispatchesFlash Bubbles
By Dan Denning
Wednesday, May 19, 2004
www.DailyReckoning.com
If you're like 99 percent of the world, you expect the
Fed to raise rates.
But somewhere along the way, in its perfect plan to
"reflate" the American economy and prevent a
Japan-style soft depression, the Fed made a fatal
miscalculation: It caused a simultaneous asset bubble
in stocks, bonds, commodities, housing, and real
Ted Butler: CFTC reply, while misleading, confirms the bullish case for silver
Submitted by cpowell on Tue, 2004-05-18 03:00 Section: Daily Dispatches4:35p ET Monday, May 17, 2004
Dear Friend of GATA and Gold (and Silver):
While the Commodity Futures Trading Commission has
rebuffed the attempts inspired by silver market analyst
Ted Butler to investigate suppression of the price of
silver, the issue surfaced over the weekend in a news
story on the Bloomberg wire, which was distributed
around the world and published in The Business Times
Bob Bishop: Elephant in the Room -- Carnage in the Financial Markets
Submitted by cpowell on Tue, 2004-05-18 03:00 Section: Daily DispatchesBy Theodore Butler
May 17, 2004
This was quite an eventful week for silver news.
First, the Silver Institute released its annual silver survey,
covering the world supply/demand situation for 2003. Allow me to give
you a quick summary. The world consumed, for the 15th consecutive
year, more silver than it produced, necessitating the draw down of
existing inventories by 72 million ounces. More than 1.5 billion
A pep talk from GATA Chairman Bill Murphy
Submitted by cpowell on Tue, 2004-05-18 03:00 Section: Daily Dispatches9:46p ET Tuesday, May 18, 2004
Dear Friend of GATA and Gold:
The latest analysis by Bob Bishop of Gold Mining
Stock Report, "Elephant in the Room -- Carnage
in the Financial Markets," has just been posted
at Kitco here:
http://www.kitco.com/ind/GoldReport/may182004.html
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold''s slide seen ending amid inflation worries; physical demand ''fantastic''
Submitted by cpowell on Mon, 2004-05-17 03:00 Section: Daily DispatchesFannie Mae faces more income issues
By Rex Crum
CBSMarketWatch
Saturday, May 15, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B31DC261A%2DBFD5%
2D4063%2D8788%2D8D6496968FD5%7D&siteid=mktw
In the latest criticism of Fannie Mae, this week's Barron's
says the mortgage finance behemoth is on shaky ground
China seen draining foreign exchange reserves to prop up state banks
Submitted by cpowell on Mon, 2004-05-17 03:00 Section: Daily DispatchesGold May Halt 7-Week Slide on U.S. Inflation Concern
By Claudia Carpenter
Bloomberg News Service
Monday, May 17, 2004
http://quote.bloomberg.com/apps/news?pid=nifea&&sid=a6zPrW3X8JpI
Gold may rise for the first week in eight on concern
that U.S. inflation will accelerate, according to a
Bloomberg survey of 36 traders, investors, and
Bloomberg story raises silver price suppression issue
Submitted by cpowell on Mon, 2004-05-17 03:00 Section: Daily DispatchesChinese Banks Face Crisis
By Nick Mathiason
The Observer, London
Sunday, May 16, 2004
http://observer.guardian.co.uk/business/story/0,6903,1217630,00.html
China's banking system faces a mounting crisis that
threatens to further destabilise the country's teetering
economy. Speculation is growing that the authorities
There''s no inflation ... unless you open your eyes
Submitted by cpowell on Sun, 2004-05-16 03:00 Section: Daily DispatchesBy Jim Sinclair
Saturday, May 15, 2004
http://www.jsmineset.com/home.asp
Here I am reviewing a host of material from bearish gold
advisers and "trade everything always" hustlers and I can
no longer contain myself.
That's because on the right side of my desk is a report
on the COT (positions of large and assumed-to-be
commercial traders) and the Saturday edition of