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Daily Dispatches
Gene Arensberg: HUI surges while Canadian miners sleep
Submitted by cpowell on Sun, 2008-12-14 20:00 Section: Daily Dispatches8p ET Sunday, December 14, 2008
Dear Friend of GATA and Gold:
Gene Arensberg's new "Got Gold Report" at Resource Investor says the market conditions for gold remain as strong as ever and some bids are starting to be made for the junior mining shares. Arensberg's report is headlined "HUI Surges While Canadian Miners Sleep" and you can find it at Resource Investor here:
Adrian Douglas: The gold rush is on
Submitted by cpowell on Sun, 2008-12-14 19:51 Section: Daily DispatchesBy Adrian Douglas
Sunday, December 14, 2008
The article that appeared in the Financial Times on Thursday and was dispatched by GATA was very significant:
http://www.ft.com/cms/s/0/077b765c-c77c-11dd-b611-000077b07658.html?ncli...
What was especially significant was the article's necessity to supply disinformation:
Antal Fekete: Backwardation that shook the world
Submitted by cpowell on Sun, 2008-12-14 19:20 Section: Daily Dispatches7:18p ET Sunday, December 14, 2008
Dear Friend of GATA and Gold:
Economist and monetary historian Antal Fekete explains tonight that he's calculating the current gold price a little different from others as he figures that the gold market has entered backwardation. Fekete's new essay is headlined "Backwardation That Shook the World" and you can find it at 24hGold here:
Swiss gold refineries pushed to the limit by demand
Submitted by cpowell on Sun, 2008-12-14 16:03 Section: Daily DispatchesBy Gerhard Lob
SwissInfo, Bern, Switzerland
Sunday, December 14, 2008
http://www.swissinfo.ch/eng/front/Financial_crisis_boosts_Swiss_gold_pro...
Gold refineries in Switzerland are working at their limit to cope with demand for the precious metal from investors seeking ways to shield their wealth.
Tom Szabo: No backwardation in gold yet, maybe in silver
Submitted by cpowell on Sun, 2008-12-14 12:37 Section: Daily Dispatches12:35p ET Sunday, December 14, 2008
Dear Friend of GATA and Gold:
China to increase money supply 17%, boost lending
Submitted by cpowell on Sun, 2008-12-14 11:42 Section: Daily DispatchesBy Lee Spears
Bloomberg News
Sunday, December 14, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=ablWg2RUlVmk&
BEIJING -- China aims to increase its money supply 17 percent in 2009 and encourage lending to boost domestic consumption and buoy growth in the world's fourth-largest economy.
Trace Mayer: A problem with GLD and SLV ETFs
Submitted by cpowell on Sun, 2008-12-14 11:25 Section: Daily Dispatches11:20a ET Sunday, December 14, 2008
Dear Friend of GATA and Gold:
Financial Times hears Comex gold squeeze talk
Submitted by cpowell on Sat, 2008-12-13 02:23 Section: Daily DispatchesGold Surges as Doubts Rise on Car Bailout
By Chris Flood
Financial Times
Thursday, December 11, 2008
http://www.ft.com/cms/s/0/077b765c-c77c-11dd-b611-000077b07658.html?ncli...
Comex said warning brokers about December gold squeeze
Submitted by cpowell on Fri, 2008-12-12 23:11 Section: Daily DispatchesFrom "Midas" Commentary
by Bill Murphy
LeMetropoleCafe.com
Friday, December 12, 2008
I received a call this morning from a commodities broker who told me that the Comex is alerting various futures firms about the potential of a squeeze on the December contract and is advising the $840 December shorts to exit their positions. That is the remaining open position.
Former Fed governor hints at big upward revaluation of gold
Submitted by cpowell on Fri, 2008-12-12 21:25 Section: Daily Dispatches9:21p ET Friday, December 12, 2008
Dear Friend of GATA and Gold:
Interviewed Monday this week on the "Trading Day" program of Business News Network in Canada, former Federal Reserve Governor Lyle Gramley hinted that a big upward revaluation of gold may figure heavily in the Fed's attempt to rescue the U.S. economy.
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