You are here

Daily Dispatches

South African gold production falls nearly 13 percent

Section: Daily Dispatches

12:28p ET Monday, May 31, 2005

Dear Friend of GATA and Gold:

For more on the devastation impending in the gold
mining industry in South Africa and the likely drop
in gold production and employment there, MiningMX
offers a report by David McKay here:

http://www.miningmx.com/gold_silver/444942.htm

CHRIS POWELL, Secretary/Treasurer

Bank of Canada''s governor warns of worldwide economic imbalances

Section: Daily Dispatches

South African Q1 Gold Output
Falls 12.8 Percent on Rand

From Reuters
Monday, May 30, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=8642333

JOHANNESBURG -- Gold output in South Africa, the world's biggest
producer, extended its decline in the first quarter, falling 12.8

USAGold compiles Fed Chairman Greenspan''s exchanges with Rep. Ron Paul

Section: Daily Dispatches

NY AG Spitzer Files Suit Against AIG,
Says Fraud Was Used to Boost Stock Price

By Michael Gormley
Associated Press
Thursday, May 26, 2005

http://biz.yahoo.com/ap/050526/aig_probe.html?.v=12

ALBANY, N.Y. -- New York Attorney General Eliot Spitzer on Thursday
filed a civil suit against American International Group Inc.,
accusing the nation's largest insurance company and two former top

Sprott''s Embry tells Canada''s ROB-TV about BIS gold derivatives report

Section: Daily Dispatches

1:46a ET Sunday, May 29, 2005

Dear Friend of GATA and Gold:

USAGold has compiled and posted all the exchanges
between Federal Reserve Chairman Alan Greenspan and
U.S. Rep. Ron Paul, R-Texas, a member of the House
Financial Services Committee, during Greenspan's
appearances before the committee from 1997 through
2004.

These exchanges include much interesting comment about
gold and the international monetary system but,

Gulf Cooperation Council urged to peg its regional currency to gold

Section: Daily Dispatches

12:33a ET Sunday, May 28, 2005

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment strategist,
John Embry, got an hour on Canada's Report on
Business Television last Thursday and in the opening
few minutes called Canada's attention to the recent
explosion in gold derivatives as reported by the Bank
for International Settlements. This, Embry said, is
powerful evidence of intervention against gold but,

Citigroup to be fined for ''control failures,'' not market manipulation

Section: Daily Dispatches

GCC Urged to Peg Its Currency to Gold

P.V. Vivekanand
Arab News
Jeddah, Saudi Arabia
Sunday, May 29, 2005

http://www.arabnews.com/?page=6ion=0&article=64538&d=29&m=5&y=2005

SHARJAH, Saudi Arabia -- The Gulf Cooperation Council
should peg its proposed currency to gold rather than
the American dollar or euro in view of the currency

Bloomberg''s weekly survey is favorable to gold and quotes GATA''s James Turk

Section: Daily Dispatches

UK FSA to Fine Citigroup
for Bond Trade Control Failure

By Alistair MacDonald and Dhara Ranasinghe
Reuters
Friday, May 27, 2005

http://www.reuters.com/financeNewsArticle.jhtml?
type=bondsNews&storyID=8630141

LONDON -- Britain's Financial Services Authority (FSA) will not
charge Citigroup with market manipulation for a controversial

Gold production is most important to poor nations, World Gold Council says

Section: Daily Dispatches

By Ted Butler
InvestmentRarities.com
Tuesday, May 24, 2005

The most recent commitment of traders (COT) report confirmed the
continued powerfully bullish market structure in COMEX silver. For
three weeks running the dealers have maintained their lowest net
short position in years as the tech funds have abandoned the long
side and have rushed to the short side in silver. As such, the
downside remains limited and the upside wide open.

GATA plans presentation at Vancouver conference June 12 and 13

Section: Daily Dispatches

Intervention against Gold Rising Sharply,
GATA Says, Citing New Derivatives Report

GATA press release
via Business Wire

Monday, May 23, 2005

http://home.businesswire.com/portal/site/google/index.jsp?
ndmViewId=news_view&newsId=20050523005408&newsLang=en

DALLAS -- Government intervention against the gold price has risen

Pages