Daily Dispatches

GATA chairman's Bloomberg TV appearance posted at YouTube

Submitted by cpowell on Fri, 2009-11-20 13:47 Section: Daily Dispatches

1:50p ET Friday, November 20, 2009

Dear Friend of GATA and Gold:

Thanks to our wonderful friend Cary Coutelas, GATA Chairman Bill Murphy's appearance last night on Bernie Lo's "Asia Confidential" program on Bloomberg Television has been posted at YouTube in three parts here:

http://www.youtube.com/watch?v=rw4T6IdHJ3w

http://www.youtube.com/watch?v=06_NMci4xnw

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House committee adopts Paul amendment strengthening Fed audit bill

Submitted by cpowell on Fri, 2009-11-20 09:10 Section: Daily Dispatches

By Scott Lanman
Bloomberg News
Friday, November 20, 2009

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a27_ZNGlQpNs

WASHINGTON -- The Federal Reserve's shield from congressional audits of interest-rate decisions took a blow from lawmakers who want to open the central bank's books to greater congressional scrutiny.

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Jim Rickards: If gold is money again, it goes to between $4,000 and $11,000

Submitted by cpowell on Thu, 2009-11-19 16:25 Section: Daily Dispatches

4:15p ET Thursday, November 19, 2009

Dear Friend of GATA and Gold:

Jim Rickards, director of market intelligence for McLean, Virginia-based consulting firm Omnis, was allowed onto CNBC again today to make gold-friendly comments. You may recall his blunt statement on CNBC back in September: "When you own gold, you're fighting every central bank in the world":

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Russia will keep its gold at home

Submitted by cpowell on Thu, 2009-11-19 12:16 Section: Daily Dispatches

From RIA Novosti, Moscow
Thursday, November 19, 2009

http://en.rian.ru/russia/20091119/156903575.html

MOSCOW -- Russia's Central Bank said on Thursday it is ready to buy 30 metric tons (965,000 troy ounces) of gold at market prices from the country's precious metals depositary, Gokhran, by the end of the year.

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Gold: The only way is up

Submitted by cpowell on Wed, 2009-11-18 22:10 Section: Daily Dispatches

10:05p ET Wednesday, November 18, 2009

Dear Friend of GATA and Gold:

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Economists opposing Fed audit bill have undisclosed Fed ties

Submitted by cpowell on Wed, 2009-11-18 21:49 Section: Daily Dispatches

By Ryan Grim
Huffington Post, New York
Wednesday, November 18, 2009

http://www.huffingtonpost.com/2009/11/18/economists-opposing-fed-a_n_362...

As the debate over an audit of the Federal Reserve intensifies in the House, one camp is trotting out eight academics it calls a "political cross-section of prominent economists."

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Royal Mint quadruples gold coin production

Submitted by cpowell on Wed, 2009-11-18 21:32 Section: Daily Dispatches

By Thomas Biesheuvel and Nicholas Larkin
Bloomberg News
Thursday, November 19, 2009

http://www.bloomberg.com/apps/news?pid=20601085&sid=a0WZSz84UHjs

LONDON -- The U.K.'s Royal Mint, established in the 13th century, more than quadrupled production of gold coins in the third quarter after demand for the metal increased as investors sought to hedge against a weakening dollar.