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Daily Dispatches
World Gold Council is either useless or complicit in gold suppression
Submitted by cpowell on Sun, 2010-01-03 13:26 Section: Daily DispatchesBy Adrian Douglas
Sunday, January 3, 2010
The World Gold Council is at best worthless, at worst complicit in the suppression of the gold price. I strongly suspect it is the latter.
If that is the case, considering that the council is paid by the mining industry to promote gold, for it to be part of the gold price suppression scheme is one of the cruelest and sickest scams in history.
James Turk: The Fed's sneaky new way of raising money
Submitted by cpowell on Sat, 2010-01-02 15:07 Section: Daily Dispatches3p ET Saturday, January 2, 2010
Dear Friend of GATA and Gold:
James Turk: A spectacular year for gold and silver
Submitted by cpowell on Sat, 2010-01-02 11:17 Section: Daily Dispatches11:15a ET Saturday, January 2, 2009
Dear Friend of GATA and Gold (and Silver):
Saudi central bank governor affirms riyal's dollar peg
Submitted by cpowell on Sat, 2010-01-02 10:45 Section: Daily DispatchesFrom Reuters
via Yahoo News
Sunday, January 3, 2009
http://ph.news.yahoo.com/rtrs/20100102/tbs-saudi-dollar-955c2a1.html
RIYADH, Saudi Arabia -- Saudi Arabia does not need to change the U.S. dollar as a peg to its riyal currency, the central bank governor of OPEC's most influential member said in remarks published on Saturday.
Vietnam to end gold trading floors
Submitted by cpowell on Fri, 2010-01-01 19:59 Section: Daily DispatchesBy Tim Johnston
Financial Times, London
Friday, January 1, 2010
http://www.ft.com/cms/s/0/724c92ec-f6d6-11de-9fb5-00144feab49a.html?ncli...
Vietnam has ordered all gold trading floors to close by the end of March, putting an end to a business that turns over $1 billion a day but that the government feared was spinning out of control.
Gold's 2009 gain is 25%, largest in 30 years
Submitted by cpowell on Fri, 2010-01-01 02:25 Section: Daily DispatchesBy Frank Tang
Reuters
Thursday, December 31, 2009
http://www.reuters.com/article/idUSTRE5BU3LY20091231
NEW YORK -- Gold prices sealed their biggest yearly gain in three decades with a small advance on Thursday, rising for an unprecedented ninth consecutive year as dollar-hedging traders and central banks joined the rally even as safe-haven buying subsided.
Korelin Economics Report interviews GATA's Powell on Fed lawsuit
Submitted by cpowell on Thu, 2009-12-31 21:45 Section: Daily Dispatches9:45p ET Thursday, December 31, 2009
Dear Friend of GATA and Gold:
Al Korelin of the Korelin Economics Report interviewed your secretary/treasurer for a few minutes yesterday about GATA's federal lawsuit against the Federal Reserve seeking disclosure of the Fed's international gold swap agreements. You can listen to the interview at the Korelin Internet site here:
MineWeb notes GATA's lawsuit against Fed
Submitted by cpowell on Thu, 2009-12-31 13:34 Section: Daily Dispatches1:37p ET Thuesday, December 31, 2009
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams has taken note of GATA's freedom-of-information lawsuit against the Federal Reserve and you can find his story at MineWeb here:
http://www.mineweb.co.za/mineweb/view/mineweb/en/page72068?oid=95123&sn=...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
World Gold Council doesn't necessarily share GATA's views
Submitted by cpowell on Thu, 2009-12-31 12:08 Section: Daily DispatchesBy Clara Denina
FastMarkets.com
via TheBullionDesk.com
Thursday, December 31, 2009
LONDON -- The World Gold Council (WGC) respects the Gold Anti-Trust Action Committee's right to hold views relating to the U.S. Federal Reserve's records of its gold market interventions but it does not share them, it said on Thursday.
China affirms gradual diversification of FX reserves
Submitted by cpowell on Thu, 2009-12-31 11:18 Section: Daily DispatchesChina: US Dollar Important For Reserves; 2010 Key Year
By J.R. Wu, Juan Chen, and Victoria Ruan
Dow Jones Newswires
via The Wall Street Journal
Thursday, December 31, 2009
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