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Daily Dispatches
World needs a one-time move to new parities among major currencies
Submitted by cpowell on Mon, 2005-02-14 03:00 Section: Daily Dispatches10p ET Friday, February 11, 2005
Dear Friend of GATA and Gold:
For a good laugh, read MineWeb radio's latest
interview with South African gold analyst Nick
Goodwin, who affects to be absolutely mystified
as to why the International Monetary Fund would
want to sell gold in the name of helping heavily
indebted poor countries, whose big cash export
is often gold.
Pan American silver joins XAU; IMA offers nuisance settlement to Aquiline
Submitted by cpowell on Mon, 2005-02-14 03:00 Section: Daily Dispatches1:21a ET Monday, February 14, 2005
Dear Friend of GATA and Gold:
The essay appended here, published today in
The Jakarta Post, may be significant as an
indication of semi-official thinking in the
West on what to do about the debasement of
the U.S. dollar.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Dealing with the Declining Dollar
By Jeffrey E. Garten
French treasury penalizes Citigroup for euro bond market manipulation
Submitted by cpowell on Mon, 2005-02-14 03:00 Section: Daily DispatchesPan American Silver to be Added to XAU
Company Press Release
Monday, February 14, 2005
http://www.prnewswire.com/cgi-bin/stories.pl?
ACCT=109&STORY=/www/story/02-14-2005/0003020305&EDATE=
VANCOUVER, British Columbia -- Pan American Silver Corp. is pleased
to announce that effective February 21, 2005, it will be added to
The G7 guys went home and now reality is reasserting itself
Submitted by cpowell on Fri, 2005-02-11 03:00 Section: Daily DispatchesFrom Reuters
Thursday, February 10, 2005
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh23620_2005-02-10_21-29-42_nat001393_newsml
NEW YORK -- Foreign central banks were net sellers
of U.S. Treasuries for the third week in a row in the
latest week, Federal Reserve data showed on Thursday.
Miners start to take note of IMF gold sales talk
Submitted by cpowell on Fri, 2005-02-11 03:00 Section: Daily DispatchesDollar Rebound Likely Far Off
Even if U.S. Trade Gap Slims
By Nick Olivari
Reuters
Friday, February 11, 2005
http://www.reuters.com/newsArticle.jhtml?
type=reutersEdge&storyID=7605873
NEW YORK -- Dollar investors looking to U.S. trade data for clues to
the greenback's direction will be disappointed if history repeats
itself.
Goldman joins Merrill Lynch in predicting a decline in dollar holdings
Submitted by cpowell on Fri, 2005-02-11 03:00 Section: Daily DispatchesGold Firms Oppose IMF Gold Gale,
Citing Chance of Falling Prices
By Eric Onstad
Reuters
Friday, February 11, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp?
type=businessNews&localeKey=en_ZA&storyID=7605233
JOHANNESBURG -- The world's biggest gold firms are banding together
against proposals to sell gold from International Monetary Fund
Bill Bonner: Greenspan''s whopper
Submitted by cpowell on Fri, 2005-02-11 03:00 Section: Daily DispatchesBy Rodrigo Davies
Bloomberg News Service
Friday, February 11, 2005
http://www.bloomberg.com/apps/news?
pid=10000085&sid=aT.yk47pSBMo&refer=europe
Goldman Sachs Group Inc. said Asian central banks will probably
reduce the amount of dollars they hold as foreign-exchange reserves,
joining Merrill Lynch & Co. and HSBC Holdings Plc in predicting the
Nick Goodwin can''t figure out why IMF would sell gold in name of helping poor
Submitted by cpowell on Fri, 2005-02-11 03:00 Section: Daily Dispatches9:50p ET Friday, February 11, 2005
Dear Friend of GATA and Gold:
Bill Bonner's new essay, "Greenspan's Whopper,"
appended here, provides much explanation of why
the U.S. government might have wanted to
suppress the gold price in recent years.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
By Bill Bonner
DailyReckoning.com
Friday, February 11, 2005
KitcoCasey interviews Sprott''s John Embry on gold price manipulation
Submitted by cpowell on Thu, 2005-02-10 03:00 Section: Daily Dispatches11:26p ET Wednesday, February 9, 2005
Dear Friend of GATA and Gold:
The Financial Times story appended here shows that
government officials in Europe are starting to
realize, if more than a few years late, that banks
have gotten bigger than governments and have
started to intrude on government's market-rigging
prerogatives.
It's one thing for banks to help governments rig
markets in accord with surreptitious national
12 senators urge treasury secretary to oppose IMF gold sales
Submitted by cpowell on Thu, 2005-02-10 03:00 Section: Daily Dispatches12:20a ET Thursday, February 10, 2005
Dear Friend of GATA and Gold:
The new KitcoCasey Internet site has a brilliant
interview with Sprott Asset Management Chief
Investment Strategist John Embry, co-author
with Andrew Hepburn of "Not Free, Not Fair:
the Long-Term Manipulation of the Gold Price."
The interview's subject is just that. It was
conducted by Dave Forest and you can find it