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Daily Dispatches
Gold rises in New York on speculation China will revalue yuan
Submitted by cpowell on Fri, 2005-06-24 03:00 Section: Daily Dispatches8:38p ET Thursday, June 23, 2005
Dear Friend of GATA and Gold:
In a new essay for KitcoCasey.com, GATA board
member Ed Steer describes the imminent mangling
of the Community Research Bureau (CRB) Index,
whose components shortly will be rebalanced
monthly according to an arbitrary reading of
which commodities are more important in any
particular month. Steer writes that this is a
natural progression from the rigging of the
Murhphy''s ''Midas'' commentary for June 23 posted at GoldSeek
Submitted by cpowell on Fri, 2005-06-24 03:00 Section: Daily DispatchesBy Pham-Duy Nguyen
Bloomberg News Service
Thursday, June 23, 2005
http://www.bloomberg.com/apps/news?
pid=10000080&sid=aXqKxtJ7mmRo&refer=asia
Gold prices in New York rose to a three-month high amid speculation
China soon will raise the value of the yuan against the dollar,
boosting the appeal of precious metals as an alternative to
Ed Steer: A eulogy for the CRB
Submitted by cpowell on Thu, 2005-06-23 03:00 Section: Daily Dispatches7:11p ET Wednesday, June 22, 2005
Dear Friend of GATA and Gold:
Thanks to Brien Lundin, editor of Gold Newsletter,
we're able to share with you the latest analysis
of the commodities markets by GATA consultant
Frank Veneroso, who writes the "Veneroso's View"
column for Gold Newsletter, which your
secretary/treasurer long has found indispensable.
(Indeed, Gold Newsletter and its late founder, Jim
Veneroso says commodities are being manipulated ... from the long side
Submitted by cpowell on Wed, 2005-06-22 03:00 Section: Daily Dispatches11p ET Tuesday, June 21, 2005
Dear Friend of GATA and Gold:
Please forgive the inadvertent dispatch to you a few
minutes ago of what was meant as a reply to an
individual GATA supporter who had changed e-mail
addresses and wanted to get her new one on the GATA
dispatch list.
With all its hired help, the World Gold Council
wouldn't make a mistake like that -- if only because
the council has nothing to say, but that's another
Traders'' positions are unfavorable to gold and silver for short term
Submitted by cpowell on Tue, 2005-06-21 03:00 Section: Daily DispatchesGATA wishes that we'd have to make this stuff up.
* * *
First silver ETF filed;
Barclays trust would be based on gold ETF model
By John Spence
CBSMarketWatch
Monday, June 20, 2005
http://www.marketwatch.com/news/story.asp?guid=%7B5E1370AE-59DC-4FBF-
9A56-75B69A7907BD%7D&siteid=mkwt
BOSTON -- Barclays Global Investors filed an initial prospectus for
Please forgive mistaken dispatch; Gross sees quick end to interest rate hikes
Submitted by cpowell on Tue, 2005-06-21 03:00 Section: Daily DispatchesBy Theodore Butler
InvestmentRarities.com
Tuesday, June 21, 2005
As discussed previously, the market structure in silver, as defined
by the Commitment of Traders Report (COT), remains in a high-risk
state. Now gold, by virtue of its tech fund-buying rally, has joined
silver in a high-risk state, especially when one extrapolates from
the cutoff date of the recent report.
Admittedly, we are not near historic negative COT extremes in either
Peter Brimelow: Investment newsletters value gold
Submitted by cpowell on Mon, 2005-06-20 03:00 Section: Daily DispatchesBy Claudia Carpenter
Bloomberg News Service
Monday, June 20, 2005
http://quote.bloomberg.com/apps/news?pid=10000080&sid=a8cFSKNc2ga0
NEW YORK -- Gold may rise for a fifth straight week, the longest
rally this year, on speculation European central banks will begin to
slow annual bullion sales just as investor demand is growing, a
Barclays plans silver ETF ... with MorganChase as ''custodian''
Submitted by cpowell on Mon, 2005-06-20 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch
Monday, June 20, 2005
http://www.marketwatch.com/news/story.asp?guid=%7B36DD78D6%2D3F5B%
2D4E58%2DAD8C%2D9EFCE7033B48%7D&siteid=mktw
NEW YORK -- Is gold getting going again? Its investment letter
backers are increasingly confident.
Some gold-minded readers objected when I noted recently that gold's
James Turk: Gold is gaining momentum
Submitted by cpowell on Sun, 2005-06-19 03:00 Section: Daily Dispatches9:26p ET Saturday, June 18, 2005
Dear Friend of GATA and Gold:
Thanks to Gold-Eagle for recognizing the importance
of Silberinfo's interview with gold banker Ferdinand
Lips and posting it here:
http://www.gold-eagle.com/editorials_05/silberinfo061805.html
The impact of this interview may turn out to be
profound.
Swiss-German exchange won''t punish Citigroup for bond market rigging
Submitted by cpowell on Sun, 2005-06-19 03:00 Section: Daily Dispatches9:12p ET Sunday, June 19, 2005
Dear Friend of GATA and Gold:
GoldMoney's James Turk, editor of the Free Market
Gold & Money Report and consultant to GATA, has
posted a new commentary at GoldMoney's Internet
site, "Gold Is Gaining Momentum." Gold, he observes,
has risen above its 40-week moving average against
all major currencies, and the continuing efforts of
central banks to suppress gold's price should be
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