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Daily Dispatches
U.S. Rep. Ron Paul: Audit the Fed and then end it
Submitted by cpowell on Mon, 2009-05-18 22:32 Section: Daily DispatchesBy U.S. Rep. Ron Paul
Monday, May 18, 2009
http://www.house.gov/htbin/blog_inc?BLOG,tx14_paul,blog,999,All,Item%20n...
Brazil and China work together to replace dollar
Submitted by cpowell on Mon, 2009-05-18 22:03 Section: Daily DispatchesBy Jonathan Wheatley
Financial Times, London
Monday, May 18, 2009
http://www.ft.com/cms/s/0/996b1af8-43ce-11de-a9be-00144feabdc0.html?ncli...
SAO PAULO, Brazil -- Brazil and China will work toward using their own currencies in trade transactions rather than the US dollar, according to Brazil's central bank and aides to Luiz Inácio Lula da Silva, Brazil's president.
Ted Butler: Silver surplus?
Submitted by cpowell on Mon, 2009-05-18 15:50 Section: Daily Dispatches3:51p ET Monday, May 18, 2009
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler's new commentary disputes recent surveys concluding that there is a surplus of silver. Butler's commentary is headlined "Silver Surplus?" and you can find it at GoldSeek's companion site, SilverSeek, here:
Gold seen backing yuan's internationalization
Submitted by cpowell on Mon, 2009-05-18 12:32 Section: Daily DispatchesBy Dow Jones Newswires
The Wall Street Journal
Monday, May 18, 2009
http://online.wsj.com/article/BT-CO-20090517-704461.html
SHANGHAI -- China's gold reserves may serve as backing for the yuan as Beijing promotes its use overseas, said Zheng Lianghao, managing director of the World Gold Council's Far East division, the Shanghai Securities News reported Monday.
China's stockpiles seen as new sovereign wealth strategy
Submitted by cpowell on Mon, 2009-05-18 12:17 Section: Daily DispatchesBy Kevin Hamlin
Bloomberg News
Monday, May 18, 2009
http://www.bloomberg.com/apps/news?pid=20601009&sid=a5yhtDZx75kw
BEIJING -- China is stockpiling commodities such as copper and iron ore as part of a reallocation of its sovereign wealth amid concern that the value of its dollar assets may decline, according to the Royal Bank of Canada.
Adrian Douglas: Have China watchers never heard of a decoy?
Submitted by cpowell on Sun, 2009-05-17 14:08 Section: Daily DispatchesBy Adrian Douglas
Sunday, May 17, 2009
What amazes me is how financial journalism is at the level of sixth grade in terms of analytical thinking. Even so-called market analysts are not much better.
GATA put out a dispatch today citing this Agence France-Presse article published by the Sydney Morning Herald in Australia, "China Keeps Buying U.S. Bonds Despite Concerns":
GoldDrivers begins retailing Valcambi Suisse ingots, bars
Submitted by cpowell on Sun, 2009-05-17 11:32 Section: Daily Dispatches11:30a ET Sunday, May 17, 2009
Dear Friend of GATA and Gold:
Silver Summit relocates to Spokane and world's grandest mining venue
Submitted by cpowell on Sun, 2009-05-17 10:51 Section: Daily DispatchesBy David Bond
Sunday, May 17, 2009
WALLACE, Idaho -- Silver Summit 2009 is moving to a new venue, the historic Davenport Hotel in downtown Spokane, Washington, with fresh new stars. Conference dates are Sept. 24 and 25.
China keeps buying U.S. bonds despite concerns
Submitted by cpowell on Sun, 2009-05-17 10:42 Section: Daily DispatchesBy P. Parameswaran
Agence France-Presse
via Sydney Morning Herald, Australia
Sunday, May 17, 2009
http://news.smh.com.au/breaking-news-world/china-keeps-buying-us-bonds-d...
China is pumping more money into US Treasury bonds, recent data show, despite concerns expressed in Beijing in recent months over the safety of dollar-linked assets.
Monetary metals suppression is as old as the hills
Submitted by cpowell on Sat, 2009-05-16 15:40 Section: Daily Dispatches3:45p Saturday, May 16, 2009
Dear Friend of GATA and Gold (and Silver):
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