GATA's international press release to publicize Blanchard report on gold lending

Section:

GATA: Secrecy of Gold Lending
Condemned in New Study

International Press Release
via Business Wire
Thursday December 14, 2006, 8:30a ET

http://biz.yahoo.com/bw/061214/20061214005415.html?.v=1

MANCHESTER, Conn. -- (BUSINESS WIRE) -- Lending of gold by central banks depresses the price and the only possible reasons for the secrecy around it are manipulation of the gold market and the enrichment, through inside information, of the financial houses to which central banks lend their gold, a study by New Orleans coin and bullion dealer Blanchard & Co. has found.

In Beijing, U.S. delegation presses 'currency flexibility'

Section:

Paulson Plans to Press China on Currency

By Joe McDonald
Associated Press
Thursday, December 14, 2006

http://news.yahoo.com/s/ap/20061214/ap_on_bi_ge/china_us_trade

BEIJING -- U.S. Treasury Secretary Henry Paulson said Thursday he would press Beijing over market access and its currency as he and top Chinese officials opened talks amid demands by American critics for quick action on trade disputes.

U.S. mortgage delinquency rate rises sharply

Section:

Late Mortgage Payments Jump in Summer

By Jeannine Aversa
Associated Press
Wednesday, December 13, 2006

http://news.yahoo.com/s/ap/20061213/ap_on_bi_ge/late_mortgages

Late mortgage payments shot up in the third quarter as higher interest rates squeezed budgets and made it harder for homeowners -- especially those with weaker credit records -- to keep up with their monthly obligations.

No inflation? U.S. Mint would ban melting pennies, nickels

Section:

U.S. Mint Bans
Melting Pennies, Nickels

By Matin Crutsinger
Associated Press
Thursday, December 14, 2006

http://news.yahoo.com/s/ap/20061214/ap_on_bi_ge/mint_coins

Given rising metal prices, the pennies and nickels in your pocket are worth more melted down than their face value -- and that has the government worried.

U.S. Mint officials said Wednesday they were putting into place rules prohibiting the melting down of 1-cent and 5-cent coins. The rules also limit the number of coins that can be shipped out of the country.

Secrecy of central bank gold lending condemned in new study

Section:

9:37p ET Wednesday, December 13, 2006

Dear Friend of GATA and Gold:

Lending of gold by central banks depresses the price and the only possible reasons for the secrecy around it are manipulation of the gold market and the enrichment, through inside information, of the financial houses to which central banks lend their gold, a study by New Orleans coin and bullion dealer Blanchard & Co. has found.

Secrecy of central bank gold lending condemned in new study

Section:

9:37p ET Wednesday, December 13, 2006

Dear Friend of GATA and Gold:

Lending of gold by central banks depresses the price and the only possible reasons for the secrecy around it are manipulation of the gold market and the enrichment, through inside information, of the financial houses to which central banks lend their gold, a study by New Orleans coin and bullion dealer Blanchard & Co. has found.

Jeffrey Saut: Our unnatural makets and the mysterious buyers from Mars

Section:

By Jeffrey Saut
Chief Investment Strategist
Raymond James Financial Inc.
Monday, December 11, 2006

http://www.raymondjames.com/inv_strat.htm

Well, it finally happened. Last week one of my own gang called me Doctor Doom. I guess it was inevitable because in this business if you are not forecasting Dow 20,000 you are deemed a bear. However, the veiled reference to Doctor Doom and Doctor Gloom of an era gone by is not exactly appropriate. Indeed, the dynamic duo of Dr. Henry Kaufman (Doctor Doom) and Dr. Albert Wojnilower (Doctor Gloom) were the market gurus of the day in the 1970s and were predicting the end of the economic world as we knew it. Clearly that has not been our mantra, as anyone reading these missives since 1999 knows.

Inflation is four times higher than CPI, U.S. economist says

Section:

Gold's Rise Points to Inflation;
Actual Rate Much Higher
Than CPI, U.S. Economist Says

By Jonathan Chevreau
Financial Post / National Post, Toronto
Wednesday, December 13, 2006

http://www.canada.com/nationalpost/columnists/story.html?id=2f254b6d-c44...

The real annual inflation rate is closer to 8% than the 2% or 3% governments claim, a prominent U.S. economist said yesterday.

Canadian gold stock index replaced with a global one

Section:

Gold Index Takes Global Turn,
but Canadian Names Dominate

New S&P Vehicle More Inviting
to Investors Seeking Commodity Play

By David Parkinson
The Globe and Mail, Toronto
Wednesday, December 13, 2006

http://www.theglobeandmail.com/servlet/story/LAC.20061213.RGOLD13/TPStor...

Farewell, S&P/TSX capped gold index. Hello, world.

After the end of trading this Friday, Standard & Poor's, the Toronto Stock Exchange's index provider, will no longer publish its separate subindex of the Canadian gold mining stocks contained in the S&P/TSX composite index. In its place Monday morning will be the S&P/TSX global gold index, which will exist outside of the composite and will be made up not just of Canadian gold stocks, but of all the world's biggest publicly traded gold miners.

Government appeals order to redesign currency for blind

Section:

Too many people see it everywhere already!

* * *

By The Associated Press
Tuesday, December 12, 2006

http://news.yahoo.com/s/ap/20061212/ap_on_go_pr_wh/blind_money

The Bush administration on Tuesday asked an appeals court to overturn a ruling that could require a redesign of the nation's currency to help the blind.

Justice Department lawyers filed the appeal with the U.S. Court of Appeals for the District of Columbia Circuit on behalf of Treasury Secretary Henry Paulson.