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Daily Dispatches
John Hathaway: How central bankers fritter away their time -- and ours
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily Dispatches9:44p ET Tuesday, April 25, 2006
Dear Friend of GATA and Gold:
For months there have been reports from all over the
world about the theft of copper from public and private
installations. Thieves are even dying for the stuff, as
when one tried dismantling a streetlight the other day
and was electrocuted. Today's copper theft story is
appended.
You may recall the story from The Wall Street Journal
Chinese central banker repeats urgent warning on U.S. dollar reserves
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily Dispatches12:03a ET Thursday, April 27, 2006
Dear Friend of GATA and Gold:
Tocqueville Gold Fund manager John Hathaway has a
new essay examining the the means and purposes of
central banks in concealing inflation. It's titled
"Liar's Poker: How Central Bankers Fritter Away
Their Time -- and Ours." You can find it at
Gold-Eagle here:
Gold''s rising price pushes Hong Kong jewellery makers to silver
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesFrom AFX News
via Forbes.com
Thursday, April 27, 2006
http://www.forbes.com/business/feeds/afx/2006/04/27/afx2701304.html
BEIJING -- China's growing foreign exchange reserves, which are
likely to hit $1 trillion this year, face huge risks from a possible
US dollar decline and China has to take urgent measures, a Chinese
Barclays silver ETF begins trading Friday
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesFrom Reuters
Thursday, April 27, 2006
http://asia.news.yahoo.com/060427/3/2jpvp.html
HONG KONG -- Jewellery makers in Hong Kong, a leading world
supplier, are switching to silver because they cannot predict how
high gold prices will go, industry officials said on Thursday. Gold
touched a 25-year high last week, driven by high oil prices,
Richard Appel: Short squeeze in gold, silver, and copper
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesBy The Associated Press
Thursday, April 27, 2006
http://news.yahoo.com/s/ap/20060427/ap_on_bi_ge/silver_etf_1
The Securities and Exchange Commission on Thursday approved the
registration for Barclays Global Investors' planned silver exchange-
traded fund -- the first such fund to track silver.
SEC spokesman John Heine said the statement has been "declared
Dollar drops as Fed chairman suggests interest rate hikes may end
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily Dispatches5:41p ET Thursday, April 27, 2006
Dear Friend of GATA and Gold:
In an essay at GoldSeek adapted from his newsletter,
Financial Insights, our friend Richard Appel discusses
the short positions in the precious metals and copper,
concurring in what GATA Chairman Bill Murphy has been
writing over at LeMetropoleCafe.com. Appel's essay is
titled "Short Squeeze" and you can find it here:
To bring the dollar down a little, let Russia and Iran price oil in euros
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesBy Kevin Plumberg
Reuters
Thursday, April 27, 2006
http://today.reuters.co.uk/investing/financeArticle.aspx?
type=usDollarRpt&storyID=2006-04-
27T202853Z_01_N27449559_RTRIDST_0_MARKETS-FOREX-UPDATE-13.XML
NEW YORK -- The dollar tumbled to a seven-month low against a basket
of major currencies on Thursday after Federal Reserve chief Ben
Iran will launch oil exchange next week, oil minister says
Submitted by cpowell on Thu, 2006-04-27 03:00 Section: Daily DispatchesThe Threat to a Fistful of Petrodollars
By Liam Halligan
The Telegraph, London
Sunday, April 23, 2006
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2006/04/23/ccliam23.xml
From Russia, you might say, with love. This weekend, Alexei Kudrin,
Russia's finance minister, dropped a bombshell in Washington.
Attending the annual meetings of the World Bank and International
If Dow triples, gold may rise tenfold, Marc Faber says
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily DispatchesComing soon: Funds for trading in gold;
Firms gear up for funds that will invest
in gold exchanges within two months
By Anand Birai
Mumbai Mirror
Tuesday, April 25, 2006
http://www.mumbaimirror.com/nmirror/mmpaper.asp?
sectid=13&articleid=42420062234418742420062233531
MUMBAI -- If you love to invest in gold, then you will soon be able
Geneva conference to examine central bank suppression of gold
Submitted by cpowell on Tue, 2006-04-25 03:00 Section: Daily DispatchesBy James Poole and Mike Firn
Bloomberg News Service
Tuesday, April 25, 2006
http://www.bloomberg.com/apps/news?pid=10000081&sid=aUeDGtHNebpI
Marc Faber, who told investors to bail out of U.S. stocks a week
before the 1987 Black Monday crash and began recommending
commodities at the end of 2001, said gold may rise 10-fold in the
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