You are here
Daily Dispatches
Spanish Internet newspaper cites GATA and John Embry
Submitted by cpowell on Fri, 2007-06-08 17:22 Section: Daily Dispatches5:20p ET Friday, June 8, 2007
Dear Friend of GATA and Gold:
John Embry: Gold's foes fighting losing battle
Submitted by cpowell on Thu, 2007-06-07 21:21 Section: Daily Dispatches9:16p ET Thursday, June 7, 2007
Dear Friend of GATA and Gold:
If the concentrated position had been short, would the LME have cared?
Submitted by cpowell on Thu, 2007-06-07 20:55 Section: Daily DispatchesLondon Metals Exchange
Intervenes in Nickel Market
By Chris Flood
Financial Times, London
Thursday, June 7, 2007
http://www.ft.com/cms/s/f645ff44-1528-11dc-b48a-000b5df10621.html
The London Metal Exchange has intervened in the nickel market amid suspected collusion at a time of soaring prices and critically low stock levels.
China may buy commodity giant Billiton, researcher says
Submitted by cpowell on Thu, 2007-06-07 11:52 Section: Daily DispatchesChina May Want BHP Billiton
By Mandi Zonneveldt
Herald Sun, Melbourne, Australia
Thursday, June 7, 2007
http://www.news.com.au/heraldsun/story/0,21985,21861872-664,00.html?from...
BHP Billiton could be in the sights of a new $237 billion Chinese state-owned investment fund, according to Bell Potter research chief Peter Quinton.
Spain says it dumped gold for more profitable bonds
Submitted by cpowell on Wed, 2007-06-06 13:15 Section: Daily DispatchesBy Jonathan House
Dow Jones Newswires
via FXStreet.com
Wednesday, June 6, 2007
http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=9f33774a-fd...
MADRID -- The Bank of Spain’s recent gold sales are part of a strategy to shift its reserves into more profitable fixed-income instruments, Spanish Finance Minister Pedro Solbes said Wednesday.
John Crudele: I've got a hot tip for the financial press
Submitted by cpowell on Wed, 2007-06-06 10:26 Section: Daily DispatchesBy John Crudele
New York Post
Wednesday, June 6, 2007
http://www.nypost.com/seven/06052007/business/ive_got_a_hot_tip_for_the_...
Attention: Wall Street Journal, New York Times, and Barron's.
The Labor Department over-estimated job growth again.
Last Friday the department reported that 157,000 new jobs were created in May.
Ted Butler: Silver's future brightens as tech funds withdraw
Submitted by cpowell on Tue, 2007-06-05 21:13 Section: Daily Dispatches9p ET Tuesday, June 5, 2007
Dear Friend of GATA and Gold:
Neal Ryan: Gold thrives despite three months of record bank sales
Submitted by cpowell on Tue, 2007-06-05 10:17 Section: Daily Dispatches10a ET Tuesday, June 5, 2007
Dear Friend of GATA and Gold:
Today's Blanchard Economic Research note by Neal Ryan reports that no three months have recorded as much central bank gold dishoarding as the last three months, and yet the gold price has held up well, signifying powerful demand.
James Grant: Gold joins the mainstream
Submitted by cpowell on Tue, 2007-06-05 00:24 Section: Daily DispatchesBy James Grant
Forbes magazine
June 18, 2007
www.forbes.com
Once upon a time gold was the sanctuary of nonconformists, visionaries, contrarians, idolators and cranks. And the gold price moved accordingly. If stocks went up, bullion went down, and vice versa. Which is to say, as the financial theoreticians say, that gold was an uncorrelated asset.
Michael Kosares: Turning point?
Submitted by cpowell on Mon, 2007-06-04 22:44 Section: Daily Dispatches10:45p ET Monday, June 4, 2007
Dear Friend of GATA and Gold:
Michael Kosares, proprietor of Centennial Precious Metals in Denver and host of the firm's wonderful forum at USAGold.com, has put together a summary of some recent interesting commentaries on the currency and precious metals markets. It is titled "Turning Point?" and you can find it at GoldSeek here: