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Daily Dispatches
IMF ready to sell its gold to central banks
Submitted by cpowell on Fri, 2009-09-18 20:52 Section: Daily DispatchesIMF Approves Sale of Some of Its Gold
By Harry Dunphy
Associated Press
via Yahoo News
Friday, September 18, 2009
http://finance.yahoo.com/news/IMF-approves-sale-of-some-of-apf-136822755...
WASHINGTON -- The International Monetary Fund approved on Friday the sale of a limited amount of its gold to help provide loans to poor countries and shore up its finances.
Try the Miles Franklin letter and the CMRE dinner
Submitted by cpowell on Fri, 2009-09-18 11:55 Section: Daily Dispatches11:57a ET Friday, September 18, 2009
Dear Friend of GATA and Gold (and Silver):
A couple of announcements. ...
India's ETF investors making up for missing gold buyers
Submitted by cpowell on Fri, 2009-09-18 11:33 Section: Daily DispatchesBy Swansy Afonso
The Wall Street Journal
Friday, September 18, 2009
Putin complains of 'uncontrolled' dollar issuance
Submitted by cpowell on Fri, 2009-09-18 11:25 Section: Daily DispatchesBy Sergei Venyavsky
The Associated Press
via Yahoo News Canada
Friday, September 18, 2009
http://ca.news.yahoo.com/s/capress/090918/business/eu_russia_economy_5
SOCHI, Russia -- Russian Prime Minister Vladimir Putin on Friday said other currencies besides the dollar should be used as global reserves to reduce the risks posed by swelling U.S. debt.
Jay Taylor interviews G. Edward Griffin and Ron Paul
Submitted by cpowell on Fri, 2009-09-18 00:50 Section: Daily Dispatches12:50a ET Friday, September 18, 2009
Dear Friend of GATA and Gold:
Gold mining industry faces reserve crisis, Kinross CEO says
Submitted by cpowell on Wed, 2009-09-16 23:04 Section: Daily DispatchesBy Rob Delaney
Bloomberg News
Wednesday, September 16, 2009
http://www.bloomberg.com/apps/news?pid=20601082&sid=atxJ5yqO73DY
TORONTO -- Kinross Gold Corp., Canada's third-largest producer of the precious metal, said the gold industry is facing a crisis of declining reserves as investor demand outpaces supply.
Interviewed by GoldSeek, Turk sees gold's breakout imminent
Submitted by cpowell on Tue, 2009-09-15 23:59 Section: Daily Dispatches11:40p ET Tuesday, September 15, 2009
Dear Friend of GATA and Gold:
Mike Kosares: Updated 'disturbing trends' make the case for gold
Submitted by cpowell on Tue, 2009-09-15 23:38 Section: Daily Dispatches11:30p ET Tuesday, September 15, 2009
Dear Friend of GATA and Gold:
Michael Kosares, proprietor of Centennial Precious Metals in Denver (www.USAGold.com), has updated his table of disturbing economic trends. Kosares concludes:
Gold seen surpassing $1,110 on central bank buying
Submitted by cpowell on Tue, 2009-09-15 13:16 Section: Daily DispatchesBy Frank Tang
Reuters
Tuesday, September 15, 2009
http://www.reuters.com/article/usDollarRpt/idUSN1541476920090915
DENVER -- The price of gold could rise above $1,110 an ounce in 2010 as central banks diversify their reserves into gold due to a faltering dollar, economist Martin Murenbeeld told the Denver Gold Forum on Tuesday.
Barrick plans to spend extra cash on acquisitions
Submitted by cpowell on Tue, 2009-09-15 13:00 Section: Daily DispatchesBy Frank Tang
Reuters
Tuesday, September 15, 2009
http://www.reuters.com/article/euPrivateEquityNews/idUSTRE58D4UK20090914...
DENVER -- The chief executive of Barrick Gold Corp. said on Monday that the world's largest gold producer will use excess cash from higher production and cost savings for acquisitions and to increase its reserves.