Daily Dispatches

Swiss action sparks talk of currency war


By Peter Garnham
Financial Times, London
Thursday, March 12, 2009


The Swiss National Bank moved to weaken the Swiss franc on Thursday, the first time a big central bank has intervened in the foreign exchange markets since Japan sought to weaken the yen in 2004.

Sprott launches gold bullion fund


7:15p ET Thursday, March 12, 2008

Dear Friend of GATA and Gold:

Our dear friends at Sprott Asset Management in Toronto today announced their offering of a gold bullion fund to take real metal away from the paper market manipulators. A press release about the fund is appended.

GATA distributes international press release on Russia Today interview


6:55p ET Thursday, March 12, 2009

Dear Friend of GATA and Gold:

GATA this evening distributed via the Business Wire service an international press release publicizing the Russia Today television network's interview with our board member, Adrian Douglas, about the Western central bank gold price suppression scheme. The release is appended.

Swiss investors pile into money market funds, gold


By Martin de Sa'Pinto
Wednesday, March 11, 2009


ZURICH -- Money markets accounted for most inflows into Swiss-registered funds in February, while Zuercher Kantonalbank's gold-backed exchange-traded fund saw the largest inflows of any single fund, Lipper data showed.

Central banks reported to be net buyers of gold in January


By Ovid Abrams
Tuesday, March 10, 2009


NEW YORK -- Central banks, which have been net sellers of gold in recent years, were net buyers of an estimated 1.1 million ounces in January, according to the latest Market Alert by the CPM Group, the New York-based metals consultancy.

Singapore sovereign fund official recommends gold


By Kevin Lim and Saeed Azhar
Tuesday, March 10, 2009


SINGAPORE --An official from the Government of Singapore Investment Corp. (GIC) said he expects more weakness in financial markets in the next 12-18 months, and recommended investors hold gold and other safe assets such as government bonds.

Russia Today broadcasts interview with GATA board member Douglas


8:12a ET Wednesday, March 11, 2009

Dear Friend of GATA and Gold:

The Russia Today television network's interview with GATA Board of Directors member Adrian Douglas, conducted by Marina Portnaya and elaborating on the gold price suppression scheme of the Western central banks, has been posted in both video and text form at the Russia Today Internet site here:

Ted Butler: Regulators who won't regulate


2:12p ET Tuesday, March 10, 2009

Dear Friend of GATA and Gold (and Silver):

Patrick A. Heller: Number 1 reason to own gold


2:05p ET Tuesday, March 10, 2009

Dear Friend of GATA and Gold:

An essay written by Patrick A. Heller and published today at Numismaster.com, "Number 1 Reason to Own Gold," credits GATA's work at some length, and you can find it here:


CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Five biggest U.S. banks are 'dead men walking'


By Greg Gordon and Kevin G. Hall
McClatchy Newspapers
via Yahoo News
Monday, March 9, 2009


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