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Daily Dispatches
Israeli central banker says world must accept a weaker dollar
Submitted by cpowell on Thu, 2009-12-03 20:05 Section: Daily DispatchesBy Daniel Bases
Reuters
Thursday, December 3, 2009
http://www.reuters.com/article/usDollarRpt/idUSN0310218520091203
NEW YORK -- Bank of Israel Governor Stanley Fischer said on Thursday the world has to accept a weaker U.S. dollar in order to ensure the global economy recovers soundly.
China denounces U.S. banks for 'evil intent' with derivatives
Submitted by cpowell on Thu, 2009-12-03 16:15 Section: Daily DispatchesBy Jamil Anderlini
Financial Times, London
Thursday, December 3, 2009
http://www.ft.com/cms/s/0/9d3ce434-e029-11de-8494-00144feab49a.html
China urged to avoid open markets when buying gold
Submitted by cpowell on Thu, 2009-12-03 16:07 Section: Daily DispatchesThat's the objective of all central banks: avoiding open markets in gold.
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China Needs to Buy Gold in Long-Term, Industry Executive Says
By Chikako Mogi
Reuters
Thursday, December 3, 2009
http://in.reuters.com/article/domesticNews/idINT21418620091203
Reuters can't figure gold out, so it must be a bubble
Submitted by cpowell on Thu, 2009-12-03 15:57 Section: Daily DispatchesInvestors Taking Contradictory Path with Gold
By Jeremy Gaunt
Reuters
Thursday, December 3, 2009
http://www.reuters.com/article/ousivMolt/idUSTRE5B23R320091203
More simulated gold products on the way
Submitted by cpowell on Thu, 2009-12-03 10:40 Section: Daily DispatchesS&P Launches Gold-Hedged Index To Protect Against Dollar Risk
By Joan E. Solsman
Dow Jones Newswires
via The Wall Street Journal
Thursday, December 3, 2009
Gene Arensberg: Comex commercials position for gold, silver correction
Submitted by cpowell on Wed, 2009-12-02 16:35 Section: Daily Dispatches4:30p ET Wednesday, December 2, 2009
Dear Friend of GATA and Gold (and Silver):
After quietly doubling reserves, China is wary of gold 'bubble'
Submitted by cpowell on Wed, 2009-12-02 16:24 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, December 2, 2009
http://www.telegraph.co.uk/finance/china-business/6712676/China-wary-of-...
The Chinese authorities have given the clearest indication to date that they view the surge in gold to an all-time high of $1,217 (L730) an ounce as a speculative frenzy.
Barrick says it has eliminated gold hedges
Submitted by cpowell on Tue, 2009-12-01 08:50 Section: Daily DispatchesBy Euan Rocha
Reuters
Tuesday, December 1, 2009
http://www.reuters.com/article/marketsNews/idAFN0148789420091201
TORONTO -- Barrick Gold Corp. said today it has completed the elimination of all of its gold hedges as planned, a move that should remove what has been a big drag on its shares.
James Turk: Fed is now 'buyer of last resort'
Submitted by cpowell on Mon, 2009-11-30 22:34 Section: Daily Dispatches10:30p ET Monday, November 30, 2009
Dear Friend of GATA and Gold:
A grudging acknowledgement of gold market manipulation
Submitted by cpowell on Mon, 2009-11-30 22:13 Section: Daily Dispatches10:10p ET Monday, November 30, 2009
Dear Friend of GATA and Gold:
Another important acknowledgement of manipulation of the gold and silver markets was published today -- and by a long-time disparager of suggestions of manipulation.