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Daily Dispatches
Newmont''s Lassonde sees gold at $525 by year-end
Submitted by cpowell on Thu, 2005-06-09 03:00 Section: Daily Dispatches10:44p ET Wednesday, June 8, 2005
Dear Friend of GATA and Gold:
Yes, the New York Times, Wall Street Journal, and
Washington Post have, for the time being, shut out
GATA and any mention of the central bank scheme
to suppress the price of gold, and you won't see
GATA Chairman Bill Murphy any time soon on CNBC or
even ShopNBC's "Coin Shoppe."
But you can still see Murphy in an exclusive
Barrick is back making excuses for hedging
Submitted by cpowell on Thu, 2005-06-09 03:00 Section: Daily DispatchesFrom Reuters
Thursday, June 9, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh72369_2005-06-09_17-24-25_n09664886_newsml
NEW YORK -- The price of gold should rise to $525 an ounce by the
start of 2006, a top executive of gold giant Newmont Mining Corp.
said on Thursday.
Pierre Lassonde, president of the world's largest gold mining
Gold''s rise in euro terms may signal broader rally
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesThe Blair Debt Project
An Editorial
The Wall Street Journal
Tuesday, June7,2005
Prime Minister Tony Blair visits President Bush today to make his
case for new G-7 aid to the world's poor, particularly Africa.
Headlines notwithstanding, the disagreement between the two men is
not about whether rich countries ought to help the poor but rather
how.
The U.S. is already the world's most generous donor to the global
Doug Casey: Gold reconsidered (with mention of GATA and James Turk)
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesBy John Parry and Zachary Howard
Reuters
Tuesday, June 7, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh28423_2005-06-07_17-53-14_n07443397_newsml
NEW YORK -- Gold prices may be about to benefit from both volatility
in and a lack of confidence in several of the world's major
currencies, with gold's price in euros a key indicator, analysts
Gold''s marriage to dollar set to end, Barrick says
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesBy Doug Casey
For the Daily Reckoning
Wednesday, June 8, 2005
http://www.dailyreckoning.com/Issues/2005/DR060805.html
A couple of weeks ago, with gold knocked as low as $416.10, resource
investors were wondering just how low gold could go. Now, with gold
rebounding over $420, such musings might turn to questions such
as, "Can gold hold at these levels?" and "Does it still have what it
Free CD with interview with GATA Chairman Murphy offered by Swiss America
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, June 8, 2005
http://www.reuters.com/newsArticle.jhtml?
type=topNews&storyID=8736802
NEW YORK -- Gold's lengthy coupling to the dollar will end as
supply/demand dynamics change and other currencies may come to the
fore, Barrick Gold Corp. CEO Greg Wilkins said at the Reuters Mining
Summit on Wednesday.
China''s banking system may be more corrupt than that of U.S.
Submitted by cpowell on Tue, 2005-06-07 03:00 Section: Daily DispatchesFOREX VIEW: Dollar Rise
Should Continue, But Risks Lurk
By Laurence Norman
Dow Jones Newswires
Monday, June 6, 2005
http://sg.biz.yahoo.com/050605/15/3sub0.html
NEW YORK -- For the natural pessimists out there, there is choice
aplenty in the foreign exchange market.
It would be very rational to bet against the euro, besieged as it is
James Turk: Gold bounces off support
Submitted by cpowell on Tue, 2005-06-07 03:00 Section: Daily Dispatches12:41a ET Tuesday, June 7, 2005
Dear Friend of GATA and Gold:
The Washington Post story appended here, noted by Bill
King in today's edition of The King Report
(BillKing@thekingreport.com), seems to offer two big
lessons:
First, China's banking system shares all the corrupt
devices of the banking system of the United States
and may be even more corrupt.
And second, while gold and silver are hardly the only
Ted Butler: Are the silver shorts off the hook for the moment?
Submitted by cpowell on Tue, 2005-06-07 03:00 Section: Daily Dispatches8:50a ET Tuesday, June 7, 2005
Dear Friend of GATA and Gold:
James Turk, founder of GoldMoney, editor of the
Freemarket Gold & Money Report, and consultant
to GATA, has gotten out his charts for a new
analysis of the gold price. It's called "Gold
Bounces Off Support" and you can find it in the
"Founder's Commentary" box at the top left of
the GoldMoney home page here:
Wall Street Journal: Selling IMF gold for debt relief is just a scam
Submitted by cpowell on Tue, 2005-06-07 03:00 Section: Daily DispatchesBy Ted Butler
InvestmentRarities.com
Tuesday, June 7, 2005
As foretold by the structure of the market, as defined by the
Commitment of Traders Report (COT), we have now witnessed meaningful
rallies in several markets, including silver, gold, and copper. Once
again, the tech funds tripped over their own feet in selling down to
the lows and then reversed to the buy side, causing prices to rise.