Anti-gold cartel's UBS plans fund to short commodities

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UBS to Launch New Product for Commodities

By Javier Blas
Financial Times, London
Monday, July 30, 2007

http://www.ft.com/cms/s/9c7d8216-3ed6-11dc-bfcf-0000779fd2ac.html

Gee, you think they might be trying to suppress gold?

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3p ET Monday, July 30, 2007

Dear Friend of GATA and Gold:

A writer for MineWeb, Lawrence Williams, notes in commentary posted yesterday that gold sales by the European Central Bank increasingly seem intended to prevent the gold price from breaking out and to support the dollar.

All together now: Uh-DUH!

Bundesbank looks to learn from its past

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By Ralph Atkins
Financial Times, London
Sunday, July 29, 2007

http://www.ft.com/cms/s/6442812e-3de8-11dc-8f6a-0000779fd2ac.html

FRANKFURT, Germany -- Mervyn King, current governor of the Bank of England, was astonished on his first visit to the Bundesbank in the early 1990s, at least according to his host, Otmar Issing, then chief economist at Germany’s central bank.

An exchange with Jay Taylor about deflation

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12:16a ET Sunday, July 29, 2007

Dear Friend of GATA and Gold:

Newsletter writer and longtime GATA supporter Jay Taylor had an exchange with your secretary/treasurer about Saturday's GATA Dispatch on the chance of deflation. Taylor has kindly agreed to let his comments be distributed here, so they are appended, along with a few more comments from me.

Dan Norcini: Bullion bank efforts against gold reached record last week

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By Dan Norcini
www.JSMineset.com
Friday, July 27, 2007

I mentioned last week that the commercial shorts (aka the perma gold shorts or the bullion banks) would have to absorb a tremendous amount of buying to keep gold from surging to $700, since the fund net long position was comparatively small by recent historical standards.

Well, guess what -- they did exactly that.

Is gold's problem really an impending deflation?

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11:15a ET Saturday, July 28, 2007

Dear Friend of GATA and Gold:

GATA's friend M.L.B. writes:

"I have my own take on the recent decline in the price of gold -- the spectre of deflation.

Help compel Treasury to answer New York Post's John Crudele

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11a ET Saturday, July 28, 2007

Dear Friend of GATA and Gold:

John Crudele: Wish my FOIA request a happy birthday

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By John Crudele
New York Post
Thursday, July 26, 2007

http://www.nypost.com/seven/07262007/business/wish_my_foia_request_a_hap...

I'd like you to join me in wishing my FOIA request a happy birthday. It turned 1 year old yesterday.

Nick Jones: The gold carry trade

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1a ET Thursday, July 26, 2007

Dear Friend of GATA and Gold:

Agora Financial's free daily letter, Whiskey and Gunpowder, yesterday carried an excellent essay by Nick Jones about the manipulation of the gold market, "The Gold Carry Trade." It is appended but needs two corrections.

Mortgage defaults already coming from good-credit borrowers

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By Alex Veiga
Associated Press
via Yahoo News
Wednesday, July 25, 2007

http://biz.yahoo.com/ap/070725/mortgage_woes.html?.v=4

LOS ANGELES -- Here's a scary thought about the latest bad news on housing: