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Daily Dispatches
AngloGold says more hedging unlikely for two years
Submitted by cpowell on Thu, 2006-01-12 03:00 Section: Daily Dispatches12:20a ET Thursday, January 12, 2005
Dear Friend of GATA and Gold:
Thanks to the extravagant generosity of the Larry
Reaugh companies -- Goldrea Resources Corp.,
Adanac Moly Corp., and MolyCor Gold Corp. --
the Gold Anti-Trust Action Committee will hold
a reception for its friends in the Vancouver area
at the conclusion of the Vancouver Resource
Investment Conference. We'll be celebrating the
Derivative backlogs rise despite banks'' efforts
Submitted by cpowell on Thu, 2006-01-12 03:00 Section: Daily DispatchesFrom Mining Weekly Online
Thursday, January 12, 2006
http://www.miningweekly.co.za/min/news/today/?show=79339
South Africa's AngloGold Ashanti is bullish enough about a strong
gold price that it does not expect to resume most hedging for at
least a couple of years, a top official said yesterday.
AngloGold, the world's second biggest gold producer, is the only
No sale of dollar assets is planned, China''s central bank governor says
Submitted by cpowell on Thu, 2006-01-12 03:00 Section: Daily DispatchesBy David Wigan
Reuters
Thursday, January 12, 2006
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh17537_2006-01-12_13-03-28_l12611867_newsml
LONDON -- Backlogs of trade confirmations on credit derivatives
continued to rise in 2005 despite bank efforts to fix the problem
after U.S. regulators demanded action, pricing provider Markit said
Murphy''s ''Midas'' commentary for Jan. 10 posted in the clear at Kitco
Submitted by cpowell on Tue, 2006-01-10 03:00 Section: Daily DispatchesChina Losing Confidence in the Dollar
By Peter S. Goodman
Washington Post
Monday, January 9, 2006
http://www.washingtonpost.com/wp-
dyn/content/article/2006/01/09/AR2006010901042.html
SHANGHAI -- As China's industrial juggernaut has flooded foreign
ports with cheap factory-made goods in recent years, its central
bank coffers have filled with the bounty flowing back to these
Embry smashes the gold cartel and Barrick on ROB-TV
Submitted by cpowell on Tue, 2006-01-10 03:00 Section: Daily Dispatches8:21p ET Tuesday, January 11, 2006
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's "Midas" commentary
for January 10 at LeMetropoleCafe.com, "Why the
Gold Cartel Messed With the Wrong Irishman, and
A Salute to My Hero," has been posted in the clear
at Kitco.com here:
China''s refusal to sell dollar assets doesn''t mean buying will continue
Submitted by cpowell on Tue, 2006-01-10 03:00 Section: Daily Dispatches8:25p ET Tuesday, January 11, 2006
Dear Friend of GATA and Gold:
Drop whatever you're doing and watch Sprott Asset
Management's chief investment strategist, John
Embry, on today's "Market Call with Jim O'Connell"
program on ROB-TV in Canada. Embry lands hard
blows against the gold cartel and Barrick Gold
while prophesying gold's imminent victory.
You can find Embry at the 12:30 p.m. segment of
DVDs of GATA''s Gold Rush 21 conference go on sale
Submitted by cpowell on Tue, 2006-01-10 03:00 Section: Daily Dispatches8:33p ET Tuesday, January 10, 2006
Dear Friend of GATA and Gold:
The comment of the Chinese central bank official
reported by the Reuters story appended here --
that China is not likely to "reduce its current
dollar assets to increase the proportion of other
assets,"even as "every country wants to diversify
its reserves -- can be construed to suggest that
China will apply NEW dollar receipts to other
Peter Brimelow: Gold''s get-up-and-go
Submitted by cpowell on Mon, 2006-01-09 03:00 Section: Daily DispatchesGold to Sustain Bull Run in 2006,
Indian Commodity Exchange Says
From Crisil Marketwire
via Business Standard, Mumbai
Monday, January 9, 2006
http://www.business-standard.com/smartinvestor/storypage.php?
leftnm=lmnu6&leftindx=6&lselect=10&chklogin=N&autono=210987
INDORE, India -- Overseas spot gold prices are likely to stay
Gold market said to be too small to handle China''s diversification
Submitted by cpowell on Mon, 2006-01-09 03:00 Section: Daily DispatchesGold's get-up-and-go
By Peter Brimelow
CBSMarketWatch
Monday, January 9, 2006
http://www.marketwatch.com/news/story.asp?
column=Peter+Brimelow&siteid=mktw&dist=
NEW YORK -- Forget the stock market. Gold's performance during the
four-day first trading week of 2006 was nothing short of stunning.
The precious metal's supporters among investment letters say there's
Bill Bonner: Americans have been liberated from their own houses
Submitted by cpowell on Mon, 2006-01-09 03:00 Section: Daily Dispatches3:40p ET Monday, January 9, 2006
Dear Friend of GATA and Gold:
Like so many other news stories, the Dow Jones story
appended here seems meant to discourage investment
in gold, one-sided and studiously avoiding its own
contrary implications.
The story proclaims that the gold market is much too
small to accommodate any attempt by China to diversify
its huge U.S. dollar balance in foreign exchange.
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