Daily Dispatches

11p ET Friday, May 7, 2010

Dear Friend of GATA and Gold (and Silver):

In his "Got Gold Report COT Flash" tonight, Gene Arensberg expresses surprise that the large commercial traders did not get much shorter in gold and silver as the metals soared this week. Arensberg is watching for a breakout in silver. You can find the "Got Gold Report" flash here:

By Adrian Douglas
Friday, May 7, 2010

The U.S. Treasury Department's Office of the Comptroller of the Currency (OCC) has just released the Quarter 4 2009 bank derivatives report, which can be found here:

http://www.occ.treas.gov/ftp/release/2010-33a.pdf

10:12p ET Thursday, May 6, 2010

Dear Friend of GATA and Gold:

Alex Newman has written for the New American magazine a report about the growing number of complaints against the U.S. government involving market manipulation. It cites GATA extensively. It's headlined "Manipulation of Precious-Metals Market Under Fire" and you can find it here:

By Adrian Douglas
Thursday, May 6, 2010

The bailout package for Greece is $146 billion offered jointly by the International Monetary Fund (IMF) and the European Union (EU). If the IMF is taking half the responsibility for this loan package, it is on the hook for $73 billion.