Eric Sprott: The era of China

Section:

2:30p ET Thursday, May 24, 2007

Dear Friend of GATA and Gold:

China concedes little at U.S. summit

Section:

By Krishna Guha, Eoin Callan,
and Doug Cameron
Financial Times, London
Wednesday, May 23, 2007

http://www.ft.com/cms/s/1e91d272-096f-11dc-a349-000b5df10621.html

China on Wednesday agreed to a new aviation deal with the United States and offered limited concessions in financial services at the conclusion of top-level economic talks in Washington.

ETF captures 13% of world silver output

Section:

By Saskia Scholtes
Financial Times, London
Wednesday, May 23, 2007

http://www.ft.com/cms/s/5c9acffe-0953-11dc-a349-000b5df10621.html

NEW YORK -- A single exchange-traded fund captured more than 13 percent of the world's silver output last year, according to data from GFMS, a precious metals consultancy.

It achieved this feat even though it was launched only in April last year.

Shanghai can't find domestic help -- the maids are out day-trading

Section:

China's New Day-Traders Look to Back 'Black Horses'

By Geoff Dyer
Financial Times, London
Wednesday, May 23, 2007

http://www.ft.com/cms/s/2ca3603c-08cb-11dc-b11e-000b5df10621.html

Ted Butler: The raptors turn on the biggest shorts in silver

Section:

3p ET Tuesday, May 22, 2007

Dear Friend of GATA and Gold:

Blanchard note: Record central bank gold sales offset miners' dehedging

Section:

10:15a ET Tuesday, May 22, 2007

Dear Friend of GATA and Gold:

Today's Blanchard Economic Research note reports that Western central bank gold sales are offsetting the recent dehedging being done by gold mining companies, and that these sales have just reached record levels.

Derivatives grow explosively, BIS reports

Section:

Credit Default Swaps Spur Fastest Derivatives Growth

By Hamish Risk
Bloomberg News Service
Monday, May 21, 2007

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aKyV5WdlrDwA

Kuwait unhooks dinar from dollar, signalling possible trend

Section:

By Wangfen Zhou
MarketWatch.com
Monday, May 21, 2007

http://www.marketwatch.com/news/story/kuwait-unhooks-dinar-dollar-signal...

Trickle of Chinese money could become investment flood

Section:

By Florian Gimbel
Financial Times, London
Monday, May 21, 2007

http://www.ft.com/cms/s/f5b3acd2-07d8-11dc-9541-000b5df10621.html

HONG KONG -- The decision by China to acquire a $3 billion stake in Blackstone, the US private equity firm, is the first trickle in what is expected to be a flood of overseas investments in the next few years.

MineWeb: Much dehedging in 1st Q, a lot more to come

Section:

By Rhona O'Connell
MineWeb
Monday, May 21, 2007

LONDON -- The latest quarterly hedge book survey from Societe Generale, compiled for the bank by GFMS Ltd., records that the global delta-adjusted gold mine hedge book contracted by 128 tonnes during the first quarter of this year.