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Daily Dispatches

Newcrest says its hedge closing supported gold price

Section: Daily Dispatches

From Reuters
via Yahoo News
Tuesday, September 11, 2007

http://asia.news.yahoo.com/070911/3/37pa2.html

SYDNEY, Australia -- Australia's Newcrest Mining Ltd. said on Tuesday its gold buying spree that scooped more than 2 million ounces of gold in the last few weeks had helped fuel a sharp rise in world bullion prices.

Antal Fekete: Peak gold -- a primer on true hedging, Part II

Section: Daily Dispatches

10:25p ET Monday, September 10, 2007

Dear Friend of GATA and Gold:

Russia shuns world gold market but buys domestic production

Section: Daily Dispatches

From Reuters
Monday, September 10, 2007

http://www.reuters.com/article/RussiaInvestment07/idUSL1076303620070910

MOSCOW -- Russia has no plans to buy or sell gold in the world market and will continue to build state reserves by purchasing from its main producers, a senior central banker told the Reuters Russia Investment Summit on Monday.

Newcrest to issue $1.6 billion in stock to buy back gold hedges

Section: Daily Dispatches

By Tan Hwee Ann
Bloomberg News Service
Monday, September 10, 2007

http://www.bloomberg.com/apps/news?pid=20601081&sid=aId8yLG1WwF8

MELBOURNE, Australia -- Newcrest Mining Ltd. plans to sell A$2 billion ($1.6 billion) of stock to close its hedge book and repay debt as Australia's largest gold-mining company bets on a rising bullion price.

Peter Brimelow: Gold's on a roll -- again

Section: Daily Dispatches

By Peter Brimelow
MarketWatch.com
Monday, September 10, 2007

http://www.marketwatch.com/news/story/story.aspx?guid=%7B4F6D3D50%2D4EB0...

NEW YORK -- Gold on a roll again. Again. Again. But look what happened last time I said that.

James Turk: Finally, $700 -- What's next?

Section: Daily Dispatches

8:15a ET Monday, September 10, 2007

Dear Friend of GATA and Gold:

Treasury rally may falter as foreign investors keep selling

Section: Daily Dispatches

By Wes Goodman and Daniel Kruger
Bloomberg News Service
Monday, September 10, 2007

http://www.bloomberg.com/apps/news?pid=20601087&sid=aNgW4Fu_8.tI&refer=home

Treasury investors basking in the biggest rally in four years have reason to fear for their profits: The largest owners of U.S. government debt are heading for the exit.

GoldSeek interviews Jim Sinclair on how derivatives will prompt hyperinflation

Section: Daily Dispatches

8:15a ET Sunday, September 9, 2007

Dear Friend of GATA and Gold:

Countrywide will cut up to 20% of workforce

Section: Daily Dispatches

By Alex Veiga
Associated Press
via Yahoo News
Friday, September 7, 2007

http://news.yahoo.com/s/ap/20070907/ap_on_bi_ge/countrywide_job_cuts;_yl...

LOS ANGELES -- Struggling lender Countrywide Financial Corp. will cut as many as 12,000 jobs as it struggles to deal with challenging conditions in the mortgage industry, the company said Friday.

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