China doesn't seem to see an end to commodities boom

Section:

China Changes Rules
of the Resource Game

By Julian Hewitt
The Mail & Guardian, Johannesburg
Tuesday, February 13, 2007

http://www.mg.co.za/articlePage.aspx?articleid=298761&area=/insight/insi...

When I left South Africa, a talk by Clem Sunter titled "China's Game" was ringing in my ears.

Clem talked about the rules of the game China is playing in its unprecedented drive to industrialise a 1.3-billion strong population. What struck me was China's dependence on natural resources to continue its impressive growth trajectory. One of the major rules of China's game requires it to establish massive and sustainable supply lines to secure resources that fuel its vast factory-floor economic model.

John Embry: Great performance of gold, silver is practically a secret

Section:

10:12p ET Wednesday, February 14, 2007

Dear Friend of GATA and Gold:

In his latest commentary for Investor's Digest of Canada, Sprott Asset Management's chief investment strategist, John Embry, notes that gold and silver again delivered superior returns in 2006 but ordinary investors would never know it from the establishment news media. Embry predicts that these returns are only going to get better as the U.S. dollar disintegrates. You can find Embry's commentary, "Returns on Gold and Silver Surpass Most Others Again," at the Sprott Internet site here:

Citigroup analysts tell Barrick: Close hedge book, then stand back

Section:

By Dorothy Kosich
MineWeb.com
Wednesday, February 14, 2007

RENO, Nevada -- Citigroup metals analysts John H. Hill and Graham Wark urged Barrick Gold to aggressively reduce its hedge book or repurchase the entire hedge book, an action that "could be one of the most compelling re-rating catalysts in the metals industry."

* * *

For the full story:

http://www.mineweb.net/mining_finance/628738.htm

At Toronto Financial Forum, Peter Grandich concurs with GATA

Section:

11:30p ET Tuesday, February 13, 2007

Dear Friend of GATA and Gold:

Peter Grandich of the Grandich Letter and Trinity Financial discussed manipulation of the gold market and expressed agreement with GATA during his remarks to the Financial Forum conference in Toronto on Saturday, January 27, and a video of his presentation has been posted at his Internet site here:

http://www.grandich.com/video/toronto.106mb.wvx

Billiton not pursuing Alcoa, sources tell Reuters

Section:

By James Regan and Mathieu Robbins
Reuters
via Yahoo News
Tuesday, February 13, 2007

http://news.yahoo.com/s/nm/20070213/bs_nm/bhp_rio_alcoa_dc;_ylt=AmU_FjyO...

Mining giant BHP Billiton Ltd. is not working on a bid for U.S. aluminum producer Alcoa Inc., sources close to the matter said on Tuesday, playing down a newspaper report.

The Times of London said both BHP and Rio Tinto Ltd. have drawn up separate plans for a $40 billion takeover of Alcoa Inc., helping to boost Alcoa's share price by as much as 10 percent.

Venezuela's nationalization fast but with compensation

Section:

By Brian Ellsworth
Reuters
via Yahoo News
Tuesday, February 13, 2007

http://news.yahoo.com/s/nm/20070214/wl_nm/venezuela_nationalizations_dc

CARACAS -- Venezuelan President Hugo Chavez is setting a faster than expected pace in his nationalization drive toward self-styled socialism, striking three takeover deals that push out U.S. firms in about a month.

Chavez, an ally of Cuba who is vehemently opposed to what he sees as U.S. imperialism, is boosting state involvement in Venezuela, the No. 4 supplier of oil to the United States, as he consolidates power after a landslide re-election last year.

Russia entices Qatar for natural gas cartel

Section:

By Donna Abu-Nasr and Jim Krane
Associated Press
via Yahoo News
Monday, February 12, 2007

http://news.yahoo.com/s/ap/20070212/ap_on_bi_ge/mideast_russia;_ylt=AsdM...

RIYADH, Saudi Arabia -- Russian President Vladimir Putin appeared to find quick success on a historic Mideast tour that saw the leader of energy-rich Russia forging oil diplomacy in Saudi Arabia and backing a natural gas cartel Monday with neighboring Qatar.

Ted Butler: Time frames

Section:

3:24p ET Monday, February 12, 2007

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler analyzes the commitment of traders report for the gold and silver futures markets and gets the feeling that the dealers, who are short, are again about to scalp the technical funds, which are long, sending gold and silver spiking down to wonderful new buy points in their steady ascents. You can find Butler's analysis, "Time Frames," at GoldSeek's companion site, SilverSeek, here:

James Turk: Gold pulling away from $600

Section:

8:38a ET Monday, February 12, 2007

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, writes that gold's low of $604.90 on January 5 appears to have been a "selling climax" and that gold now is pulling away from $600 for good. Turk writes that silver is showing even more strength. You can find his analysis and some great charts in his "Founder's Commentary," headlined "Pulling Away from $600," at the top left of the GoldMoney home page here:

Gene Arensberg's 'Got Gold Report' at Resource Investor

Section:

9p ET Sunday, February 11, 2007

Dear Friend of GATA and Gold:

Resource Investor is out with Gene Arensberg's latest "Got Gold Report," which notes last week's divergence between gold and silver (up nicely) and the gold and silver mining shares (asleep to down). Either the metals themselves or their shares are wrong, Arensberg says. You can find his analysis, "Gold, Silver Thrust Higher," here: