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Daily Dispatches

James Turk: The dollar weakens while gold strengthens

Section: Daily Dispatches

12:25p ET Friday, October 27,

Dear Friend of GATA and Gold:

Goldmoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, does more technical analysis of gold and silver prices with his new essay, "The Dollar Weakens While Gold Strengthens." He suggests that gold and silver investors hold on for another couple of weeks and take a look at the world after the U.S. elections. You can find Turk's essay in the "Founder's Commentary" box at the top left of the GoldMoney home page here:

Peter Brimelow: Bulls bask, but bears and bugs regrouping

Section: Daily Dispatches

By Peter Brimelow
CBSMarketWatch.com
Thursday, October 26, 2006

http://www.marketwatch.com/news/story/Story.aspx?guid=%7B8C8FB303%2D1702...

NEW YORK -- Don R. Hays of the respected Hays Advisory institutional service was his superbullish self Wednesday, and that's before the Dow Jones Industrial Average made a third successive record high close as the Fed again declined to tighten.

GATA holds reception at New Orleans conference Nov. 18

Section: Daily Dispatches

8:19a ET Thursday, October 26, 2006

Dear Friend of GATA and Gold:

The Gold Anti-Trust Action Committee invites its friends to an evening reception in a historic setting during and just a few blocks from the 2006 New Orleans Investment Conference:

Saturday, November 18, 2006
7-9 p.m.
Latrobe's on Royal
403 Royal St.
New Orleans, Louisiana

Tickets: $30 per person
Complimentary beer, wine, and hors d'oeuvres

Treasury's Paulson plays with the plunge protectors

Section: Daily Dispatches

By John Crudele
New York Post
Thursday, October 26, 2006

http://www.nypost.com/seven/10262006/business/treasurys_paulson_plays_wi...

Pay attention!

Someone -- and I don't know who -- wants us all to know that since July Henry Paulson, the new secretary of the U.S. Treasury, has spent a lot of time on a little known Washington operation called the President's Working Group on Financial Markets.

Will defeat in Iraq herald a repeat of post-Vietnam economic ills?

Section: Daily Dispatches

Will defeat in Iraq
herald repeat
of post-Vietnam
economic ills?

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, October 25, 2006

http://www.telegraph.co.uk/news/main.jhtml;jsessionid=KKHZ2LKM3ILEBQFIQM...

The slow agony of American defeat in Vietnam was intertwined with almost all the economic ills of the 1970s, the decade when capitalism veered off the rails and stock markets slumped.

Jeffrey Saut: Stock market acting unnaturally, as if it's being propped up

Section: Daily Dispatches

9:56p ET Tuesday, Ocober 24, 2006

Dear Friend of GATA and Gold:

Investment manager Jeffrey Saut of Raymond James & Associates, who went on Canada's ROB-TV on Oct. 3 to complain about the rewriting of the Goldman Sachs Commodity Index and the plunge it triggered in commodity prices (see http://www.gata.org/node/4431), has more suspicions about market manipulation. He expresses them in his new commentary, "An Eerie Stillness," appended here.

Ted Butler: The real gold/silver ratio, Part 2

Section: Daily Dispatches

9:04p ET Tuesday, October 24, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler is the master of metal valuations, and in his latest essay, "The Real Gold/Silver Ratio, Part 2," he concludes that silver has never been scarcer and less owned in the last century than it is today. He argues that if the amount of silver owned per capita had grown to the same extent that gold ownership per capita has grown since 1900, silver's price today would be $175 per ounce.

New treasury secretary revs up Working Group on Financial Markets ...

Section: Daily Dispatches

... and wants even less regulation.

* * *

Paulson Pulls for U.S. Markets

Treasury Chief Aims to Tweak
Rules Some Say Are Crippling
The Nation's Competitiveness

By Deborah Solomon
The Wall Street Journal
Monday, October 23, 2006

WASHINGTON -- With just two years to make his mark, new Treasury Secretary Henry Paulson is focusing much of his attention on making American financial markets more competitive.

Counterfeiting, not barter, is thrust of threat against Liberty Dollar

Section: Daily Dispatches

Liberty Dollar Medallions
Could Land Coin Collectors in Jail

By Tristan Scott
The Missoulian, Missoula, Montana
Sunday, October 15, 2006

http://www.missoulian.com/articles/2006/10/15/news/mtregional/news07.txt

A trendy alternative to legal tender, the Liberty Dollar, could now land coin-aisseurs in prison for up to five years, according to federal prosecutors.

"Although we haven't had any of these types of cases in Montana yet, the statute says using one of these coins as legitimate money could be a crime," said Kurt Alme, assistant U.S. attorney for Montana. "It looks like if you make or attempt to pass a coin of gold or silver as current money it's a crime."

F. William Engdahl: Crisis of the U.S. dollar system

Section: Daily Dispatches

This is the text a presentation at an international conference organized by Zeitschrift and held in Feldkirch, Austria, in September 2003. It was posted this week at GlobalResearch.ca.

* * *

By F. William Engdahl

http://www.globalresearch.ca/index.php?context=viewArticle&code=ENG20061...

It's accepted wisdom that the United States, despite recent problems, is still the strongest growth locomotive for the world economy, the pillar of the global system. What if we were to discover that, instead of being the pillar, that the United States was, in fact, the heart of a dysfunctional economic system, which is spreading instability, unemployment, and depression globally?

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