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Daily Dispatches
Bush to tell Asians that only U.S. should manipulate currencies
Submitted by cpowell on Tue, 2003-10-14 03:00 Section: Daily Dispatches11:59a ET Tuesday, October 14, 2003
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold and Money
Report, advises us not to make much of old news
but to focus on big news instead. You can find
it at the GoldMoney home page under quot;Founder's
Commentaryquot; at the upper left:
Reuters story about reversal of yen carry trade was authentic
Submitted by cpowell on Mon, 2003-10-13 03:00 Section: Daily Dispatches8:10p ET Sunday, October 12, 2003
Dear Friend of GATA and Gold:
Three stars of the gold world will attend the GATA
reception at the New Orleans Investment Conference
on Saturday evening, November 1:
-- Frank Veneroso of Allianz Dresdner, a GATA
consultant whose research has disclosed that
central bank gold lending is two to three times
larger than officially acknowledged. In an interview
Russia to price oil in euros in snub to US
Submitted by cpowell on Mon, 2003-10-13 03:00 Section: Daily Dispatches1a ET Monday, October 13, 2003
Dear Friend of GATA and Gold:
Thanks to our friends who confirmed the authenticity of
that Reuters story about the reversal of the yen carry
trade and who provided a link to its posting at Forbes:
a href=http://www.forbes.com/home/newswire/2003/10/09/rtr1104042.htmlhttp://www...
CHRIS POWELL, Secretary/Treasurer
Even the Bundesbank is giving the usual sign of desperation about gold
Submitted by cpowell on Mon, 2003-10-13 03:00 Section: Daily DispatchesBy Ambrose Evans-Pritchard
Daily Telegraph, London
October 10, 2003
a href=http://www.money.telegraph.co.uk/money/main.jhtml?http://www.money.teleg...
xml=/money/2003/10/10/cnoil10.xmlamp;menuId=242amp;sSheet=/money/2003/10/10/
ixfrontcity.html
BRUSSELS -- Russia is to start pricing its huge oil and gas
exports in euros instead of dollars as part of a stragetic
Yen carry trade unwinding risks 1998-style fall in dollar
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches5:43p ET Saturday, October 11, 2003
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of The Freemarket
Gold amp; Money Report and consultant to GATA, has posted
a new commentary at the GoldMoney Internet site,
wherein he asks whether the Oct. 3 pounding of gold on
the Comex did any damage to gold's trend as charted
against currencies. Turk's charts show that gold's upward
''Midas'' commentary for October 10 posted at GoldSeek
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches2:25p ET Sunday, October 12, 2003
Dear Friend of GATA and Gold:
What purports to be a Reuters story from London last
Thursday, appended here, forwarded by a GATA supporter
in Europe, does not seem to be available at the Reuters
Internet site, though many other stories by the author of
this story are available there. So either your
secretary/treasurer has botched his use of the Reuters
search mechanism, Reuters inadvertently omitted posting
GATA reception in New Orleans features Veneroso, Embry, Wellesley-Wood
Submitted by cpowell on Sun, 2003-10-12 03:00 Section: Daily Dispatches6:13p ET Sunday, October 12, 2003
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's quot;Midasquot; commentary from
Friday, October 10, at LeMetropoleCafe.com has been
posted in the clear at GoldSeek.com:
a href=http://news.goldseek.com/LemetropoleCafe/1065995109.phphttp://news.golds...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Gold''s upward trend is intact, breakout likely within two months, Turk says
Submitted by cpowell on Sat, 2003-10-11 03:00 Section: Daily DispatchesPutin's idea to price oil in euros may hurt dollar
By Carola Hoyos and Christopher Swann in London
and Andrew Jack in Moscow
Financial Times
Friday, October 10, 2003
a href=http://news.ft.com/servlet/ContentServer?http://news.ft.com/servlet/Cont...
pagename=FT.com/StoryFT/FullStoryamp;c=StoryFTamp;cid=1059480488580
After weeks of being battered on the foreign exchanges, the
Financial Times reports on Russia''s flirtation with the euro
Submitted by cpowell on Fri, 2003-10-10 03:00 Section: Daily Dispatchesa href=http://story.news.yahoo.com/news?http://story.news.yahoo.com/news?/a
tmpl=storyamp;cid=1518amp;ncid=1518amp;e=3amp;u=/afp/20031008/bs_afp/us_economy_fo
rex_031008201123
WASHINGTON (Agence France-Presse) -- The US
administration has embarked on a risky strategy to
bring down the value of the dollar as part of an
effort to keep a fragile economic recovery on track.
Analysts say the US effort could alleviate some
Welcome to the weak dollar policy
Submitted by cpowell on Thu, 2003-10-09 03:00 Section: Daily Dispatchesa href=http://biz.yahoo.com/rf/031008/energy_russia_euro_3.htmlhttp://biz.yahoo...
YEKATERINBURG, Russia, Oct. 8 (Reuters) -- A German
government source said on Wednesday that Russia may
switch to pricing oil sales in euros rather than dollars,
potentially huge news for financial markets.
However, Russian energy and finance ministry officials
said they were unable to confirm any change was planned.