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Daily Dispatches
Rubin resigns from Citigroup
Submitted by cpowell on Fri, 2009-01-09 16:58 Section: Daily DispatchesBy Jonathan Stempel and Dan Wilchins
Reuters
Friday, January 9, 2009
http://www.reuters.com/article/newsOne/idUSN0930738020090109
NEW YORK -- Robert Rubin, the former Treasury secretary, resigned from Citigroup Inc. on Friday, following months of criticism of his performance at the giant U.S. bank.
HoweStreet.com interviews GATA Chairman Murphy
Submitted by cpowell on Thu, 2009-01-08 20:09 Section: Daily Dispatches8p ET Thursday, January 8, 2009
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy was interviewed this week by Tom Jeffries of HoweStreet.com about the gold price suppression scheme, its purposes, and its likely disastrous consequences. You can listen to it at Howe Street here:
http://www.howestreet.com/index.php?pl=/goldradio/index.php/mediaplayer/...
Bank of England seen preparing to print money
Submitted by cpowell on Thu, 2009-01-08 18:49 Section: Daily DispatchesBank of England Says Interest Rate Cuts Won't Be Enough
By Angela Monaghan
The Telegraph, London
Thursday, January 8, 2009
http://www.telegraph.co.uk/finance/financetopics/recession/4176004/Bank-...
Merrill Lynch says rich want gold bars, not gold paper
Submitted by cpowell on Thu, 2009-01-08 18:28 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, January 8, 2009
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4177766...
Financial Lifeline Radio reviews GATA's work, gold's prospects
Submitted by cpowell on Thu, 2009-01-08 17:24 Section: Daily Dispatches5:23p ET Thursday, January 8, 2009
Dear Friend of GATA and Gold:
China tries settling trade with yuan instead of dollar
Submitted by cpowell on Thu, 2009-01-08 11:05 Section: Daily DispatchesYuan-Settlement Test to Start
From Shanghai Daily
Shanghai, China
Wednesday, January 7, 2009
http://www.shanghaidaily.com/sp/article/2009/200901/20090107/article_387...
China's central bank said yesterday that it plans to implement a pilot program that would settle overseas trade with the Chinese currency instead of the US dollar.
From Australian TV, a devastating parody of central banking
Submitted by cpowell on Thu, 2009-01-08 00:21 Section: Daily Dispatches12:19a ET Thursday, January 8, 2009
Dear Friend of GATA and Gold:
China is losing its taste for U.S. debt
Submitted by cpowell on Wed, 2009-01-07 23:33 Section: Daily DispatchesAn hour later you're bankrupt again.
* * *
By Keith Bradsher
The New York Times
Wednesday, January 7, 2008
http://www.nytimes.com/2009/01/08/business/worldbusiness/08yuan.html?_r=...
Still nobody in Britain perceives purpose of those gold sales
Submitted by cpowell on Wed, 2009-01-07 23:19 Section: Daily DispatchesBritish Gold Sales Cost Public L5 Billion
By Christopher Hope
The Telegraph, London
Wednesday, January 7, 2009
http://www.telegraph.co.uk/news/newstopics/politics/labour/4162054/Gordo...
Barry Ritholtz: Here comes the commodity index rebalancing
Submitted by cpowell on Wed, 2009-01-07 11:11 Section: Daily Dispatches11:11a ET Wednesday, January 7, 2009
Dear Friend of GATA and Gold:
Market analyst Barry L. Ritholtz, director of equity research for Fusion IQ in New York, expresses skepticism about the "rebalancing" of the Dow Jones commodity index to diminish the gold component and increase the oil component. Ritholtz writes: