You are here
Daily Dispatches
Even if IMF sold gold, it probably would remain in government hands
Submitted by cpowell on Tue, 2005-02-08 03:00 Section: Daily DispatchesBy Rodrigo Davies
Bloomberg News Service
Tuesday, February 8, 2005
http://www.bloomberg.com/apps/news?
pid=10000100&sid=aA6F1ffAjpUQ&refer=germany
The dollar climbed to an almost two-month high against the yen after
Federal Reserve Governor Susan Bies said the United States is
attracting a "tremendous amount" of investment.
Gold market wary of big IMF sales but demand remains strong
Submitted by cpowell on Mon, 2005-02-07 03:00 Section: Daily DispatchesIMF Looks at Gold Sale Options for Debt Relief
By Andrew Balls, Chris Giles,
and Scheherazade Daneshkhu
Financial Times, London
Sunday, February 6, 2005
http://news.ft.com/cms/s/8c757556-787a-11d9-9961-00000e2511c8.html
The International Monetary Fund is preparing a report on the
potential sale of a portion of its gold reserves in a move that would
James Turk: More bounce in the dollar but it changes little
Submitted by cpowell on Sun, 2005-02-06 03:00 Section: Daily DispatchesCitigroup Puts Four Bond Dealers on Leave
Pending Investigation of Suspicious Trade
By The Associated Press
Saturday, February 5, 2005
http://biz.yahoo.com/ap/050205/britain_citigroup_1.html
LONDON -- Citigroup Inc. has said it placed four dealers
on paid leave pending an investigation of a suspicious
bond trade.
Sunday''s Financial Times reports on the perpetual IMF gold sales frenzy
Submitted by cpowell on Sun, 2005-02-06 03:00 Section: Daily Dispatches1:30p ET Sunday, February 6, 2005
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the Freemarket
Gold & Money Report and founder of GoldMoney, has
posted new commentary. While it is titled "More Bounce
in the Dollar," it concludes that "nothing has changed
to reverse the dollar's long-term bear market." You can
find Turk's analysis in the "Founder's Commentary"
G7 send IMF back to the drawing board on using gold for debt relief
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesRussia Ends De-Facto Dollar Peg
and Moves to Align Rouble with Euro
By Steve Johnson
Financial Times
Saturday, February 5, 2005
http://news.ft.com/cms/s/cb1cd3e0-771b-11d9-b897-00000e2511c8.html
LONDON -- Russia said yesterday it had abandoned efforts
to tie the rouble's movement closely to the dollar and
China is determined to let yuan float ... someday
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesBy Sumeet Desai and Stella Dawson
Reuters
Saturday, February 5, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7547048
LONDON -- The Group of Seven wealthy nations pledged to increase
Third World debt relief on Saturday but a deal struck after major
disagreements fell short of proposals floated by British finance
Diverting demand for real metal, ETFs may indicate that supplies are low
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesChina: No timetable for yuan float;
But central banker says it's determined to make the move
CBSMarketWatch.com
Saturday, February 5, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7BBFF9EF70%2D26D8%
2D4283%2DAEF6%2D0EC05D1F2A67%7D&siteid=mktw
LONDON -- China has no timetable for allowing the yuan to trade more
No debt relief, no yuan float, empty promises on U.S. deficits -- what success!
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesBy Howard Ruff
The Ruff Times
February 2005
http://www.rufftimes.com
I recently got a phone call from a subscriber, David Homes. He is a
very sophisticated and significant gold investor. He has been
viewing with alarm the development of exchange-traded funds, or
ETFs. They will be touted more and more but he has some serious
reservations. I asked him to write an article. Read it carefully,
Greenspan''s 1981 essay confirms government''s interest in controlling gold price
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesBy Steve Goldstein and Aude Lagorce
CBSMarketWatch.com
Saturday, February 5, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7B5524BA20-ED8A-4BAE-
B898-261E216DF8AF%7D&siteid=mkwt
LONDON -- The Group of Seven finance ministers and top central
bankers of the world's leading industrialized countries on Saturday
IMF promises to keep scaring gold market right through its meeting in April
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily Dispatches4:15p ET Saturday, February 5, 2005
Dear Friend of GATA and Gold:
Over the last week or so there have been some references
to an essay written by Alan Greenspan for The Wall
Street Journal in 1981, four years after he left the
chairmanship of the President's Council of Economic
Advisers and six years before President Reagan
appointed him chairman of the Federal Reserve Board.
The essay is appended here. It was titled "Can the
Pages
