Daily Dispatches

Gold demand surges in S. Africa as bar ownership is legalized

Submitted by cpowell on Fri, 2009-07-24 11:29 Section: Daily Dispatches

From Commodity Online
Ahmedabad, India
Wednesday, July 22, 2009

http://www.commodityonline.com/news/New-law-boosts-gold-bar-sale-in-Sout...

JOHANNESBURG, South Africa -- With the rules related to the sale of gold bars changing in South Africa, the country is witnessing a surge in bullion demand from investors.

Read more about Gold demand surges in S. Africa as bar ownership is legalized

Julian Phillips: Will big bank gold shorts be forced to cover?

Submitted by cpowell on Fri, 2009-07-24 11:07 Section: Daily Dispatches

11a ET Friday, July 24, 2009

Dear Friend of GATA and Gold (and Silver):

Read more about Julian Phillips: Will big bank gold shorts be forced to cover?

SEC responds to GATA's complaint against Goldman Sachs

Submitted by cpowell on Thu, 2009-07-23 21:22 Section: Daily Dispatches

United States Securities and Exchange Commission
Washington, D.C. 20549

July 20, 2009

Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
7 Villa Louisa Road
Manchester, Connecticut 06043-7541

Dear Mr. Powell:

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Stewart Dougherty: Fort Knox, Fort Hocks, or Fort Shocks

Submitted by cpowell on Thu, 2009-07-23 20:05 Section: Daily Dispatches

8p ET Thursday, July 23, 2009

Dear Friend of GATA and Gold:

Stewart Dougherty has written a wonderful speculation on the disposition of U.S. gold reserves, outlining the possibilities. His essay cites GATA's work, is headlined "Fort Knox, Fort Hocks, or Fort Shocks: Three United States Gold Scenarios," and can be found at GoldSeek here:

http://news.goldseek.com/GoldSeek/1248373722.php

Read more about Stewart Dougherty: Fort Knox, Fort Hocks, or Fort Shocks

Eckart Woertz: Gulf should follow China into real assets, gold

Submitted by cpowell on Thu, 2009-07-23 08:34 Section: Daily Dispatches

Revisit Investment Strategist

By Eckart Woertz
Financial Times, London
Wednesday, July 22, 2009

http://www.ft.com/cms/s/0/bf3e8d46-76cd-11de-b23c-00144feabdc0.html?

Read more about Eckart Woertz: Gulf should follow China into real assets, gold

CFTC's hearings on position limits start next week

Submitted by cpowell on Wed, 2009-07-22 17:53 Section: Daily Dispatches

Press Release
U.S. Commodity Futures Trading Commission
Tuesday, July 21, 2009

http://www.cftc.gov/newsroom/generalpressreleases/2009/pr5681-09.html

CFTC to Hold Three Open Hearings to Discuss Energy, Position Limits, and Hedge Exemptions

First Hearing Scheduled for July 28, 2009

Read more about CFTC's hearings on position limits start next week

Senator scolds Bernanke: You promised transparency but didn't deliver

Submitted by cpowell on Wed, 2009-07-22 17:33 Section: Daily Dispatches

Bernanke Resists Plan for Consumer-Products Agency

By Jeannine Aversa
Associated Press
via Yahoo News
Wednesday, July 22, 2009

http://news.yahoo.com/s/ap/20090722/ap_on_bi_ge/us_bernanke

Read more about Senator scolds Bernanke: You promised transparency but didn't deliver

Fed 'embroiled' in politics, former St. Louis Fed chief says

Submitted by cpowell on Wed, 2009-07-22 17:07 Section: Daily Dispatches

By Vincent Del Giudice and Max Raskin
Bloomberg News
Wednesday, July 22, 2009

http://www.bloomberg.com/apps/news?pid=20601087&sid=apYCNLcqHufI

WASHINGTON -- The Federal Reserve is "embroiled" in politics and has "stretched beyond reason" its authority to make loans, said William Poole, who served as president of the St. Louis Fed from 1998 to 2008.