Daily Dispatches

Kansas City Fed president calls gold standard 'very legitimate'

Submitted by cpowell on Wed, 2011-01-05 20:43 Section: Daily Dispatches

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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Brazil says it won't let U.S. 'melt the dollar'

Submitted by cpowell on Wed, 2011-01-05 20:30 Section: Daily Dispatches

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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World food price index hits record high

Submitted by cpowell on Wed, 2011-01-05 15:46 Section: Daily Dispatches

By Catherine Hornby
Reuters
Wednesday, January 5, 2011

http://www.reuters.com/article/idUSLDE7040LX20110105

ROME -- Global food prices rose in December, with the FAO Food Price Index at a record high, the U.N Food and Agriculture Organisation said on Wednesday, past 2008 highs when rising food prices sparked riots in a number of countries.

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Sprott fund found it hard to get silver, Embry tells King World News

Submitted by cpowell on Wed, 2011-01-05 15:38 Section: Daily Dispatches

3:36p ET Wednesday, January 5, 2011

Dear Friend of GATA and Gold (and Silver):

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Alasdair Macleod: This is the year money starts to die

Submitted by cpowell on Wed, 2011-01-05 15:22 Section: Daily Dispatches

3:20p ET Wednesday, January 5, 2010

Dear Friend of GATA and Gold (and Silver):

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Rep. Ron Paul: A successful 2011 starts with oversight of Fed

Submitted by cpowell on Tue, 2011-01-04 22:46 Section: Daily Dispatches

By U.S. Rep. Ron Paul
Tuesday, January 4, 2010

http://paul.house.gov/index.php?option=com_content&view=article&id=1813:...

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The race to debase encompasses the whole planet

Submitted by cpowell on Tue, 2011-01-04 22:36 Section: Daily Dispatches

10:30p ET Tuesday, January 4, 2010

Dear Friend of GATA and Gold (and Silver):

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CFTC's position limit plan gains needed support

Submitted by cpowell on Tue, 2011-01-04 21:11 Section: Daily Dispatches

By Christopher Doering and Roberta Rampton
Reuters
Tuesday, January 4, 2010

http://www.reuters.com/article/idUSTRE70356O20110104

WASHINGTON -- A top official at the U.S. futures regulator said on Tuesday he was now in favor of a stalled position limit plan, a key turnaround that would allow the controversial rules to advance to the public comment stage.