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Daily Dispatches
Stewart Thompson: Central banks use gold to control markets
Submitted by cpowell on Tue, 2010-12-21 22:46 Section: Daily Dispatches10:54p ET Tuesday, December 21, 2010
Dear Friend of GATA and Gold:
In commentary published today at GoldSeek, Stewart Thompson of the Graceland Updates letter emphasizes again that central banks buy and sell gold not to "make money" but rather to control the value of their currencies, moving their currencies up and down as politics seems to require -- that is, to rig currency markets.
Lefty Rep. Dennis Kucinich starts his own campaign to end the Fed
Submitted by cpowell on Tue, 2010-12-21 21:53 Section: Daily DispatchesKucinich Proposes Landmark Reform of Monetary Policy;
Begins Discussion to Make Monetary Policy Work to Rebuild Economy
Congressional Press Release
Friday, December 17, 2010
http://www.kucinich.house.gov/News/DocumentSingle.aspx?DocumentID=217846
Commodity market concentration starts to worry even Wall Street Journal
Submitted by cpowell on Tue, 2010-12-21 20:39 Section: Daily DispatchesTrader Holds $3 Billion of Copper in London
By Tatyana Shumsky and Carolyn Cui
The Wall Street Journal
Wednesday, December 22, 2010
http://online.wsj.com/article/SB1000142405274870411850457603408343693141...
As commodity prices soar to new records, the ability of a few traders to hold huge swaths of the world's stockpiles is coming under scrutiny.
IMF completes gold sales program
Submitted by cpowell on Tue, 2010-12-21 18:13 Section: Daily DispatchesFrom Reuters
Tuesday, December 21, 2010
http://af.reuters.com/article/metalsNews/idAFN2127057720101221
WASHINGTON -- The International Monetary Fund said on Tuesday it had concluded the sale of 403.3 tonnes of gold under a program approved in September 2009 to help boost its lending resources.
Built back into monetary system, gold may stay up, Davies tells CNBC Europe
Submitted by cpowell on Tue, 2010-12-21 12:11 Section: Daily Dispatches12:10p ET Tuesday, December 21, 2010
Dear Friend of GATA and Gold (and Silver):
Hyperinflation and bond collapse near, Turk tells King World News
Submitted by cpowell on Tue, 2010-12-21 11:52 Section: Daily Dispatches11:48a ET Tuesday, December 21, 2010
Dear Friend of GATA and Gold (and Silver):
Vietnamese seek safety in gold as currency wobbles
Submitted by cpowell on Tue, 2010-12-21 11:40 Section: Daily DispatchesMargie Mason
Associated Press
via Yahoo News
Tuesday, December 21, 2010
http://finance.yahoo.com/news/Vietnamese-seek-safety-in-apf-3562184512.html
Are U.S. metal-shorting banks moving to hide their positions outside the country?
Submitted by cpowell on Tue, 2010-12-21 11:37 Section: Daily Dispatches7:13p ET Monday, December 20, 2010
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg: Bullion banks still reducing silver shorts
Submitted by cpowell on Sun, 2010-12-19 20:45 Section: Daily Dispatches8:40p ET Sunday, December 19, 2010
Dear Friend of GATA and Gold (and Silver):
Join GATA at the Vancouver conference in January
Submitted by cpowell on Sun, 2010-12-19 20:13 Section: Daily Dispatches8:11p ET Sunday, December 19, 2010
Dear Friend of GATA and Gold (and Silver):
GATA will be participating again at the Vancouver Resource Investment Conference, to be held Sunday and Monday, January 23 and 24, 2011, at the Vancouver Convention Centre West at Canada Place on Coal Harbour.
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