Thursday, January 6, 2011

GATA UPDATE (4 Articles)

Brazil says it won't let U.S. 'melt the dollar'
Submitted by cpowell on 05:30PM ET Wednesday, January 5, 2011

By Robin Yapp
The Telegraph, London
Wednesday, January 5, 2011

http://www.telegraph.co.uk/finance/currency/8241635/Brazil-pledges-to-st...

SAO PAULO, Brazil -- Brazil has sounded a new note of warning in the international "currency war" by pledging not to allow the United States to "melt the dollar."
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Kansas City Fed president calls gold standard 'very legitimate'
Submitted by cpowell on 05:43PM ET Wednesday, January 5, 2011

From Reuters
Wednesday, January 5, 2011

http://www.reuters.com/article/idUSTRE7044L620110105

KANSAS CITY, Missouri -- A gold standard that forces countries to back their currency reserves with bullion is a "legitimate" monetary system, though it would not prevent financial crises, Kansas City Federal Reserve President Thomas Hoenig said on Wednesday.
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Return of gold standard is now respectable issue, Rickards tells King World News
Submitted by cpowell on 05:33AM ET Thursday, January 6, 2011

8:30a ET Thursday, January 6, 2011

Dear Friend of GATA and Gold:
Read more...

Peter Brimelow: Gold is pole-axed but bugs (and others) are calm
Submitted by cpowell on 05:47AM ET Thursday, January 6, 2011

By Peter Brimelow
MarketWatch.com
Thursday, January 6, 2011

http://www.marketwatch.com/story/gold-pole-axed-but-bugs-and-others-calm...

NEW YORK -- Gold gets pole-axed, but the radical gold bugs, and even some more orthodox observers, remain

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