Daily Dispatches

GATA Media Special: Supply and demand will send gold soaring

Submitted by cpowell on Tue, 2009-09-08 19:26 Section: Daily Dispatches

7:20p ET Tuesday, September 8, 2009

Dear Friend of GATA and Gold:

Read more about GATA Media Special: Supply and demand will send gold soaring

Game over: Barrick dilutes by $3 billion to buy back gold hedges

Submitted by cpowell on Tue, 2009-09-08 19:04 Section: Daily Dispatches

Barrick to Sell $3 Billion in Stock to Buy Back Hedges

By Cameron French
Reuters
Tuesday, September 8, 2009

http://www.reuters.com/article/ousivMolt/idUSTRE58767F20090908

TORONTO -- Barrick Gold, the world's biggest gold producer, said on Tuesday it will issue $3 billion in stock and use the proceeds to buy back all of its fixed-price gold hedges and a portion of its floating hedges.

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James Turk: Gold is always the safest haven

Submitted by cpowell on Tue, 2009-09-08 00:28 Section: Daily Dispatches

By James Turk
Daily Mail, London
Sunday, September 6, 2009

http://www.dailymail.co.uk/money/article-1211595/MONDAY-VIEW-Gold-safest...

As the price of gold nears $1,000 per Troy ounce, it is safe to say that precious metal has been one of this decade's best performing assets, rising on average by 15 per cent per year.

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Most trading now is just churn and manipulation

Submitted by cpowell on Mon, 2009-09-07 17:20 Section: Daily Dispatches

Inquiry Stokes Unease Over Trading Firms That Shape Markets

By Landon Thomas Jr.
The New York Times
Thursday, September 3, 2009

http://www.nytimes.com/2009/09/04/business/global/04optiver.html

LONDON -- Its superfast, supersecret oil trading software was called the Hammer.

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Sprott's John Embry interviewed on gold, silver, and a lot more

Submitted by cpowell on Mon, 2009-09-07 14:57 Section: Daily Dispatches

2:53p ET Monday, September 7, 2009

Dear Friend of GATA and Gold:

Read more about Sprott's John Embry interviewed on gold, silver, and a lot more

Adrian Douglas: A run on the Bank of the Gold Cartel

Submitted by cpowell on Mon, 2009-09-07 14:15 Section: Daily Dispatches

By Adrian Douglas
Monday, September 7, 2009

An interview by MineWeb with GFMS CEO Paul Walker is headlined, "This May Not Be the Gold Rally You Have Been Waiting for":

http://www.mineweb.com/mineweb/view/mineweb/en/page33?oid=88713&sn=Detail

The sub-headline says, "The GFMS CEO does not believe this is the rally that will sustain gold above $1,000 an ounce."

Read more about Adrian Douglas: A run on the Bank of the Gold Cartel

Frank Holmes: A September for gold

Submitted by cpowell on Mon, 2009-09-07 11:42 Section: Daily Dispatches

11:40a ET Monday, September 7, 2009

Dear Friend of GATA and Gold:

Hard Assets Investor's Lara Crigger has interviewed U.S. Global Investors CEO Frank Holmes about why September is usually a bullish month for gold. The interview is headlined "Frank Holmes: A September for Gold" and you can find it at the Hard Assets Investor Internet site here: