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Daily Dispatches
China will diversify mainly with new dollars, not old ones
Submitted by cpowell on Fri, 2007-05-11 01:13 Section: Daily DispatchesFrom China Daily, Beijing
via Xinhuanet.com
Friday, May 11, 2007
http://news.xinhuanet.com/english/2007-05/11/content_6083732.htm
BEIJING -- The central bank said yesterday that the country will not sell large amounts of U.S. dollar-denominated assets to diversify its foreign exchange reserves.
CMRE audience wonders why gold falls hard on bad news for dollar
Submitted by cpowell on Fri, 2007-05-11 00:21 Section: Daily Dispatches12:14a ET Friday, May 11, 2007
Dear Friend of GATA and Gold:
With copper coin, Liberty Dollar defies U.S. Mint's threat
Submitted by cpowell on Wed, 2007-05-09 20:36 Section: Daily DispatchesCompany Press Release
via PRNewswire
and Yahoo News
Tuesday, May 8, 2007
http://biz.yahoo.com/prnews/070508/cltu104.html?.v=24
EVANSVILLE, Indiana -- Liberty Dollar announced today that it has issued a new $1 Copper Liberty that defies the U.S. Mint's previous warning that only the use, not possession, of the new currency was illegal.
Ted Butler: A clear parallel
Submitted by cpowell on Tue, 2007-05-08 16:32 Section: Daily Dispatches4:25p ET Tuesday, May 8, 2007
Dear Friend of GATA and Gold:
Ecuador won't renew U.S. investment deal
Submitted by cpowell on Mon, 2007-05-07 22:37 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Monday, May 7, 2007
http://news.yahoo.com/s/ap/20070507/ap_on_re_la_am_ca/ecuador_us;_ylt=Aq...
QUITO, Ecuador -- Ecuador's new leftist president has decided not to renew a bilateral investment treaty with the United States, the country's foreign minister said Monday, just days before a senior U.S. official is due to visit.
James Turk: Gold's infallible indicator is screaming 'buy!'
Submitted by cpowell on Mon, 2007-05-07 22:21 Section: Daily Dispatches10:20p ET Monday, May 7, 2007
Dear Friend of GATA and Gold:
GATA consultant James Turk, founder of GoldMoney and editor of the Freemarket Gold & Money Report, has discovered a flawless indicator for the gold price, and it is screaming "buy!" You can read about it in Turk's new essay for Kitco, "Gold's Infallible Indicator," here:
James Turk: The pressure is building
Submitted by cpowell on Mon, 2007-05-07 09:06 Section: Daily Dispatches9a ET Monday, May 7, 2007
Dear Friend of GATA and Gold:
Asia grumbles over apportioning burden of U.S. dollar's potential fall
Submitted by cpowell on Sun, 2007-05-06 13:23 Section: Daily DispatchesAsia's Real Currency Worries May Be Dollar
By Hideyuki Sano
Reuters
Sunday, May 6, 2007
http://www.reuters.com/article/bondsNews/idUST21280820070506
KYOTO, Japan -- Although Asian finance ministers have just agreed on a new contingency measure to defend their currencies, their real concerns appear to be a plunge in the U.S. dollar rather than a rise in their own units.
GATA sympathizers in Alaska may organize
Submitted by cpowell on Sun, 2007-05-06 13:14 Section: Daily Dispatches1:15p ET Sunday, May 6, 2007
Dear Friend of GATA and Gold:
Our friend James Cocallas in Anchorage, Alaska, is the latest to express his willingess to organize a local group of GATA sympathizers. Alaska is a big neighborhood, but then it seems to be full of people who can handle the geography. So if you're interested, you can reach Cocallas at jimak1@gci.net.
Doug Casey: GATA is right
Submitted by cpowell on Sun, 2007-05-06 13:04 Section: Daily DispatchesFrom Doug Casey's International Speculator
May 2007
(Available only by subscription)
Q: In several publications, I have read of suspected collusion among several foreign banks to control the price of gold. Would you address this in a future issue of International Speculator?