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Daily Dispatches
China moves to explain $136 billion FX surge
Submitted by cpowell on Mon, 2007-04-16 23:37 Section: Daily DispatchesBy Richard McGregor
Financial Times, London
Monday, April 16, 2007
http://www.ft.com/cms/s/bdb510e8-ebe8-11db-a12e-000b5df10621.html
BEIJING -- China has taken the unusual step of trying to explain the recent surge in its foreign exchange reserves after they rose by the equivalent of $1 million a minute in the first quarter of this year, or by more than half the total increase of 2006.
James Turk: A week of significant breakouts
Submitted by cpowell on Mon, 2007-04-16 16:22 Section: Daily Dispatches4:21p ET Monday, April 16, 2007
Dear Friend of GATA and Gold:
GoldMoney founder James Turk's charts are always comforting and providing perspective for precious metals investors, perhaps never more so than today, when they accompany his analysis headlined "A Week of Significant Breakouts," which can be found in the "Founder's Commentary" box at the top left of the GoldMoney home page here:
Peter Brimelow: Gold jumps but bugs are still suspicious
Submitted by cpowell on Mon, 2007-04-16 09:10 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, April 16, 2007
http://www.marketwatch.com/news/story/story.aspx?guid=%7B87D8C029%2DAD82...
Eric Hommelberg puts British gold sales in perspective
Submitted by cpowell on Sun, 2007-04-15 14:21 Section: Daily Dispatches2:20p ET Sunday, April 15, 2007
Dear Friend of GATA and Gold:
GATA's longtime supporter Eric Hommelberg, editor of The Gold Discovery Letter and The Gold Drivers Report, has just published an essay putting into great perspective the renewed controversy over the Bank of England's gold sales. Hommelberg's essay is titled "Gold and GATA" and you can find it at the Gold Drivers site here:
Japan endorses call to sell IMF's gold
Submitted by cpowell on Sun, 2007-04-15 12:53 Section: Daily DispatchesNow all they have to do is find it.
* * *
Japan's Omi Recommends IMF Sell Gold Reserves
By Takashi Nakamichi
Dow Jones Newswires
via FXStreet.com
Sunday, April 15, 2007
http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=7a7e1488-00...
Canada's 'Market Matters' national radio program interviews James Turk
Submitted by cpowell on Sun, 2007-04-15 12:44 Section: Daily Dispatches12:39p Sunday, April 15, 2007
Dear Friend of GATA and Gold:
Recommending gold stocks, Dubai's AMEInfo cites GATA
Submitted by cpowell on Sun, 2007-04-15 12:31 Section: Daily DispatchesLoad Up on Gold Stocks
While You Still Can
From AMEInfo.com, Dubai
Sunday, April 15, 2007
U.S. mad it's not alone in rigging currency markets
Submitted by cpowell on Sun, 2007-04-15 01:52 Section: Daily DispatchesPaulson Says
IMF Must Address
Currency Manipulation
By Kevin Carmichael
Bloomberg News Service
Saturday, April 14, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=acP6Kme8MoaY&refer=home
IMF gold sales threat raised for 427th time in 3 years -- by guess who!
Submitted by cpowell on Sun, 2007-04-15 01:17 Section: Daily DispatchesUK's Brown Sees More Support for IMF Gold Sales
By Andrew Peaple
Dow Jones Newswires
via Nasdaq.com
Saturday, April 14, 2007
http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070414%5cACQDJO...
London Times calls British gold sales a 'blunder,' misses their success
Submitted by cpowell on Sun, 2007-04-15 01:05 Section: Daily Dispatches1a ET Sunday, April 15, 2007
Dear Friend of GATA and gold:
The London Times story appended here, questioning Britain's gold sales commencing in 1999, is wonderful for laying out the details of the case and then being perfectly obtuse in failing to catch even a hint of what was really happening.
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