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Daily Dispatches
Money for nothing: G8 cancels poor nations'' debt without IMF gold sales
Submitted by cpowell on Sat, 2005-06-11 03:00 Section: Daily DispatchesBy The Associated Press
Friday, June 10, 2005
http://biz.yahoo.com/ap/050610/citigroup_enron.html?.v=7
NEW YORK -- Citigroup Inc., the nation's biggest financial
institution, on Friday said it will pay $2 billion to settle a class-
action lawsuit over its role in the sale of Enron Corp. stock and
bonds before the energy company's collapse that cost investors
Treating U.S. after stock bubble, Fed helped create new threats
Submitted by cpowell on Fri, 2005-06-10 03:00 Section: Daily DispatchesBy Nicole Mordant
Reuters
Thursday, June 9, 2005
http://www.reuters.com/newsArticle.jhtml?
type=electionsNews&storyID=8744437
NEW YORK -- Hedging is no longer the black mark against a gold
producer's name that it was a year or two ago as hedged companies
have not gone bankrupt and investors have shifted their gaze to other
pressing industry concerns, two prominent gold industry participants
Citigroup paying $2 billion to settle Enron fraud lawsuit
Submitted by cpowell on Fri, 2005-06-10 03:00 Section: Daily DispatchesIn Treating U.S. After Bubble,
Fed Helped Create New Threats.
Low Rates Bolstered Economy,
But Housing, Foreign Debt
Appear Out of Balance.
Greenspan's Legacy at Stake.
By Greg Ip
The Wall Street Journal
Thursday, June9,2005
By many yardsticks, the Federal Reserve's response to the bursting
of the stock and tech-spending bubbles in 2000 has been a remarkable
success. The 2001 recession was mild and economic growth since has
Newmont''s Lassonde sees gold at $525 by year-end
Submitted by cpowell on Thu, 2005-06-09 03:00 Section: Daily Dispatches10:44p ET Wednesday, June 8, 2005
Dear Friend of GATA and Gold:
Yes, the New York Times, Wall Street Journal, and
Washington Post have, for the time being, shut out
GATA and any mention of the central bank scheme
to suppress the price of gold, and you won't see
GATA Chairman Bill Murphy any time soon on CNBC or
even ShopNBC's "Coin Shoppe."
But you can still see Murphy in an exclusive
Barrick is back making excuses for hedging
Submitted by cpowell on Thu, 2005-06-09 03:00 Section: Daily DispatchesFrom Reuters
Thursday, June 9, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh72369_2005-06-09_17-24-25_n09664886_newsml
NEW YORK -- The price of gold should rise to $525 an ounce by the
start of 2006, a top executive of gold giant Newmont Mining Corp.
said on Thursday.
Pierre Lassonde, president of the world's largest gold mining
Gold''s rise in euro terms may signal broader rally
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesThe Blair Debt Project
An Editorial
The Wall Street Journal
Tuesday, June7,2005
Prime Minister Tony Blair visits President Bush today to make his
case for new G-7 aid to the world's poor, particularly Africa.
Headlines notwithstanding, the disagreement between the two men is
not about whether rich countries ought to help the poor but rather
how.
The U.S. is already the world's most generous donor to the global
Doug Casey: Gold reconsidered (with mention of GATA and James Turk)
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesBy John Parry and Zachary Howard
Reuters
Tuesday, June 7, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh28423_2005-06-07_17-53-14_n07443397_newsml
NEW YORK -- Gold prices may be about to benefit from both volatility
in and a lack of confidence in several of the world's major
currencies, with gold's price in euros a key indicator, analysts
Gold''s marriage to dollar set to end, Barrick says
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesBy Doug Casey
For the Daily Reckoning
Wednesday, June 8, 2005
http://www.dailyreckoning.com/Issues/2005/DR060805.html
A couple of weeks ago, with gold knocked as low as $416.10, resource
investors were wondering just how low gold could go. Now, with gold
rebounding over $420, such musings might turn to questions such
as, "Can gold hold at these levels?" and "Does it still have what it
Free CD with interview with GATA Chairman Murphy offered by Swiss America
Submitted by cpowell on Wed, 2005-06-08 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, June 8, 2005
http://www.reuters.com/newsArticle.jhtml?
type=topNews&storyID=8736802
NEW YORK -- Gold's lengthy coupling to the dollar will end as
supply/demand dynamics change and other currencies may come to the
fore, Barrick Gold Corp. CEO Greg Wilkins said at the Reuters Mining
Summit on Wednesday.
China''s banking system may be more corrupt than that of U.S.
Submitted by cpowell on Tue, 2005-06-07 03:00 Section: Daily DispatchesFOREX VIEW: Dollar Rise
Should Continue, But Risks Lurk
By Laurence Norman
Dow Jones Newswires
Monday, June 6, 2005
http://sg.biz.yahoo.com/050605/15/3sub0.html
NEW YORK -- For the natural pessimists out there, there is choice
aplenty in the foreign exchange market.
It would be very rational to bet against the euro, besieged as it is