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Daily Dispatches
Russia, Iran, Qatar discuss forming natgas cartel
Submitted by cpowell on Tue, 2008-10-21 20:54 Section: Daily DispatchesBy Nasser Karimi
Associated Press
via Yahoo News
Tuesday, October 21, 2008
http://news.yahoo.com/s/ap/20081021/ap_on_re_mi_ea/ml_gas_cartel
TEHRAN, Iran -- Russia, Iran, and Qatar made the first serious moves Tuesday toward forming an OPEC-style cartel on natural gas, raising concerns that Moscow could boost its influence over energy markets spanning from Europe to South Asia.
On BNN, Embry warns of failure of December gold contract
Submitted by cpowell on Tue, 2008-10-21 20:31 Section: Daily Dispatches8:30p ET Tuesday, October 21, 2008
Dear Friend of GATA and Gold:
Asia accepts need for commodities trading hub
Submitted by cpowell on Tue, 2008-10-21 15:55 Section: Daily DispatchesBy Javier Blas and Lindsay Whipp
Financial Times, London
Tuesday, October 21, 2008
http://www.ft.com/cms/s/0/ded70300-9f90-11dd-a3fa-000077b07658.html?ncli...
Asia has become the world's engine of commodities demand. In spite of the region’s critical role, however, it has failed to establish a strong commodities exchange.
Volcker makes a comeback as part of Obama brain trust
Submitted by cpowell on Mon, 2008-10-20 20:35 Section: Daily Dispatches8:25p ET Monday, October 20, 2008
Dear Friend of GATA and Gold:
Ted Butler and Izzy Friedman: The silver rush is on
Submitted by cpowell on Mon, 2008-10-20 19:38 Section: Daily Dispatches7:30p ET Monday, October 20, 2008
Dear Friend of GATA and Gold:
Metal keeps drying up as Comex pretends otherwise
Submitted by cpowell on Mon, 2008-10-20 18:13 Section: Daily Dispatches6:10p ET Tuesday, October 21, 2008
Dear Friend of GATA and Gold:
Today brought a couple more notable comments about the disparity between the price of real gold and silver in hand and the price of gold and silver futures on the New York Commodities Exchange.
Peter Brimelow: Paranoid but still prescient?
Submitted by cpowell on Mon, 2008-10-20 00:21 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Sunday, October 19, 2008
http://www.marketwatch.com/news/story/paranoid-prescient/story.aspx?guid...
NEW YORK -- Even paranoids have enemies. And make good market calls. Two paranoid but prescient letters are presently pessimistic.
ECB council member foresees 'tri-polar' currency system
Submitted by cpowell on Sun, 2008-10-19 20:52 Section: Daily DispatchesBy Jonathan Tirone
Bloomberg News
Sunday, October 19, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=apjqJKKQvfDc
VIENNA, Austria -- European Central Bank council member Ewald Nowotny said a "tri-polar" global currency system is developing between Asia, Europe, and the United States and that he's skeptical the U.S. dollar's centrality can be revived.
James Turk: Gold's new records
Submitted by cpowell on Sun, 2008-10-19 12:15 Section: Daily Dispatches12:10p ET Sunday, October 19, 2008
Dear Friend of GATA and Gold:
Jim Sinclair: The bullion market vs. the paper gold market
Submitted by cpowell on Sun, 2008-10-19 10:58 Section: Daily DispatchesBy Jim Sinclair
www.JSMineSet.com
Sunday, October 19, 2008
It is axiomatic that the most leveraged gold market most often (95 percent of the time) sets the price of any cash market. First derivatives (listed futures) command price.
This remains true as long as the COMEX warehouse of gold is NOT meaningfully depleted by long gold contracts by taking delivery from the exchange warehouse.








