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Daily Dispatches
India's central bank buys half of IMF's gold for sale
Submitted by cpowell on Tue, 2009-11-03 00:37 Section: Daily Dispatches8:43p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Today's announcement by the International Monetary Fund, reported in the Bloomberg story and IMF press release appended here, that the IMF has sold to the Reserve Bank of India about half of the 400 tonnes of gold the IMF long has been planning to sell seems supportive of the gold price, at least for the moment.
India's Reserve Bank buys half of IMF's gold for sale
Submitted by cpowell on Mon, 2009-11-02 20:44 Section: Daily Dispatches8:43p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Today's announcement by the International Monetary Fund, reported in the Bloomberg story and IMF press release appended here, that the IMF has sold to the Reserve Bank of India about half of the 400 tonnes of gold the IMF long has been planning to sell seems supportive of the gold price, at least for the moment.
Rob Kirby: Disinformation or ignorance?
Submitted by cpowell on Mon, 2009-11-02 20:06 Section: Daily Dispatches8p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Barrick in more hurry to close out gold shorts
Submitted by cpowell on Mon, 2009-11-02 14:35 Section: Daily DispatchesBarrick May Close Hedge Book Ahead of Plan
By Jan Harvey
Reuters
Monday, November 2, 2009
http://www.reuters.com/article/basicMaterialsSector/idUSL272564320091102
EDINBURGH, Scotland -- Barrick Gold, the world's biggest miner of the precious metal, said it may complete the planned closure of its hedge book announced last month before the end of the 12-month window it had set.
James Turk: Take the long view for gold and silver
Submitted by cpowell on Mon, 2009-11-02 12:18 Section: Daily Dispatches12:12p ET Monday, November 2, 2009
Dear Friend of GATA and Gold:
Does Saudi Arabia have the clout to destroy Nymex?
Submitted by cpowell on Sun, 2009-11-01 21:51 Section: Daily DispatchesBy Garry White
The Telegraph, London
Sunday, November 1, 2009
http://www.telegraph.co.uk/finance/markets/6480746/Do-Saudis-have-the-cl...
Trace Mayer: Gold bug bit the Tudor
Submitted by cpowell on Sun, 2009-11-01 19:36 Section: Daily Dispatches7:35p ET Sunday, November 1, 2009
Dear Friend of GATA and Gold:
In commentary posted today, Run To Gold's Trace Mayer notes the profound interest lately taken in gold by some major investment funds and credits GATA for exposing the central bank gold price suppression scheme. Mayer's essay is headlined "Gold Bug Bit the Tudor" and you can find it at Run to Gold here:
Retailing lender CIT files prepackaged bankruptcy
Submitted by cpowell on Sun, 2009-11-01 18:18 Section: Daily DispatchesBy Stephen Manning
Associated Press
via Yahoo News
Sunday, November 1, 2009
http://news.yahoo.com/s/ap/20091101/ap_on_bi_ge/us_cit_group_bankruptcy;...
Gold and economic freedom: GATA interview
Submitted by cpowell on Sun, 2009-11-01 14:04 Section: Daily Dispatches1:52p ET Sunday, November 1, 2009
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Worry about Japan, not America
Submitted by cpowell on Sun, 2009-11-01 13:21 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Sunday, November 1, 2009
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/648028...