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Daily Dispatches
Jordan Roy-Byrne: Gold isn't even close to being a bubble
Submitted by cpowell on Fri, 2009-11-20 20:19 Section: Daily Dispatches8:16p ET Friday, November 20, 2009
Dear Friend of GATA and Gold:
The line against gold right now is that it has become a bubble, but Jordan Roy-Byrne, publisher of the Trendsman letter, has assembled much evidence otherwise. Roy-Byrne has put it all into an essay headlined "Gold Contrarians Will Get Killed" and you can find it at GoldSeek here:
Paulson gold fund imposes stiff rules, hires gold unenthusiast Reade
Submitted by cpowell on Fri, 2009-11-20 19:40 Section: Daily DispatchesPaulson's Golden Investors Have to Commit $10 Million
By Svea Herbst-Bayliss
Reuters
Friday, November 20, 2009
http://www.reuters.com/article/basicMaterialsSector/idUSN2046264720091120
GATA chairman's Bloomberg TV appearance posted at YouTube
Submitted by cpowell on Fri, 2009-11-20 13:47 Section: Daily Dispatches1:50p ET Friday, November 20, 2009
Dear Friend of GATA and Gold:
Thanks to our wonderful friend Cary Coutelas, GATA Chairman Bill Murphy's appearance last night on Bernie Lo's "Asia Confidential" program on Bloomberg Television has been posted at YouTube in three parts here:
House committee adopts Paul amendment strengthening Fed audit bill
Submitted by cpowell on Fri, 2009-11-20 09:10 Section: Daily DispatchesBy Scott Lanman
Bloomberg News
Friday, November 20, 2009
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a27_ZNGlQpNs
WASHINGTON -- The Federal Reserve's shield from congressional audits of interest-rate decisions took a blow from lawmakers who want to open the central bank's books to greater congressional scrutiny.
Jim Rickards: If gold is money again, it goes to between $4,000 and $11,000
Submitted by cpowell on Thu, 2009-11-19 16:25 Section: Daily Dispatches4:15p ET Thursday, November 19, 2009
Dear Friend of GATA and Gold:
Jim Rickards, director of market intelligence for McLean, Virginia-based consulting firm Omnis, was allowed onto CNBC again today to make gold-friendly comments. You may recall his blunt statement on CNBC back in September: "When you own gold, you're fighting every central bank in the world":
Russia will keep its gold at home
Submitted by cpowell on Thu, 2009-11-19 12:16 Section: Daily DispatchesFrom RIA Novosti, Moscow
Thursday, November 19, 2009
http://en.rian.ru/russia/20091119/156903575.html
MOSCOW -- Russia's Central Bank said on Thursday it is ready to buy 30 metric tons (965,000 troy ounces) of gold at market prices from the country's precious metals depositary, Gokhran, by the end of the year.
Gold: The only way is up
Submitted by cpowell on Wed, 2009-11-18 22:10 Section: Daily Dispatches10:05p ET Wednesday, November 18, 2009
Dear Friend of GATA and Gold:
Economists opposing Fed audit bill have undisclosed Fed ties
Submitted by cpowell on Wed, 2009-11-18 21:49 Section: Daily DispatchesBy Ryan Grim
Huffington Post, New York
Wednesday, November 18, 2009
http://www.huffingtonpost.com/2009/11/18/economists-opposing-fed-a_n_362...
As the debate over an audit of the Federal Reserve intensifies in the House, one camp is trotting out eight academics it calls a "political cross-section of prominent economists."
Royal Mint quadruples gold coin production
Submitted by cpowell on Wed, 2009-11-18 21:32 Section: Daily DispatchesBy Thomas Biesheuvel and Nicholas Larkin
Bloomberg News
Thursday, November 19, 2009
http://www.bloomberg.com/apps/news?pid=20601085&sid=a0WZSz84UHjs
LONDON -- The U.K.'s Royal Mint, established in the 13th century, more than quadrupled production of gold coins in the third quarter after demand for the metal increased as investors sought to hedge against a weakening dollar.
Turk tells CNBC that the switch from paper gold to real gold is on
Submitted by cpowell on Wed, 2009-11-18 21:24 Section: Daily Dispatches9:10p ET Wednesday, November 18, 2009
Dear Friend of GATA and Gold:
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