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Daily Dispatches
Chris Powell: Gold and silver market manipulation update
Submitted by cpowell on Fri, 2008-11-14 13:28 Section: Daily DispatchesRemarks by Chris Powell, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
New Orleans Investment Conference
New Orleans Marriott Hotel
Thursday, November 13, 2008
China reported planning big shift of FX reserves into gold
Submitted by cpowell on Fri, 2008-11-14 01:32 Section: Daily DispatchesBy Benjamin Scent
The Standard, Hong Kong
Friday, November 14, 2008
http://www.thestandard.com.hk/news_detail.asp?pp_cat=30&art_id=74335&sid...
The mainland is seriously considering a plan to diversify more of its massive foreign-exchange reserves into gold, a person familiar with the situation told The Standard.
Vindication for CFTC chairman who wanted to regulate derivatives
Submitted by cpowell on Thu, 2008-11-13 20:10 Section: Daily Dispatches7p CT Thursday, November 13, 2008
Dear Friend of GATA and Gold:
Gold mining mergers on hold until share prices stabilize
Submitted by cpowell on Thu, 2008-11-13 10:21 Section: Daily DispatchesBy Eric Onstad
Reuters
Thursday, November 13, 2008
http://www.reuters.com/article/mergersNews/idUSB10905520081113
LONDON -- Small gold firms hit by the credit crisis and weak gold prices are keen for mergers with bigger rivals, but consolidation will likely have to wait until volatile share prices stabilise, company officials said on Thursday.
Ambrose Evans-Pritchard: Abandon all hope once you enter deflation
Submitted by cpowell on Wed, 2008-11-12 17:53 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, November 12, 2008
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/344866...
David Bond: A black market in silver, right out in the open
Submitted by cpowell on Tue, 2008-11-11 21:16 Section: Daily Dispatches9:09p ET Tuesday, November 11, 2008
Dear Friend of GATA and Gold (and Silver):
From the Edelmetall & Rohstoffmesse precious and resource metals show in Munich, David Bond, editor of the Silver Valley Mining Journal, muses about the black market that has developed in the precious metals. Bond writes:
Goldman big winner in government's revised bailout of AIG
Submitted by cpowell on Tue, 2008-11-11 20:57 Section: Daily DispatchesNew AIG Rescue is Blessing for Banks
Buyers of Insurer's Default Swaps Would Recover Most of Their Money
By Serena Ng and Liam Pleven
The Wall Street Journal
Wednesday, November 12, 3008
Banks in the U.S. and abroad are among the biggest winners in the federal government's revamped $150 billion bailout of American International Group Inc.
Russia signals depreciation of ruble
Submitted by cpowell on Tue, 2008-11-11 20:47 Section: Daily DispatchesBy Charles Cloverin
Financial Times, London
Tuesday, November 11, 2008
http://www.ft.com/cms/s/0/161fc804-b023-11dd-a795-0000779fd18c.html
Goldman urged bets against California bonds it helped sell
Submitted by cpowell on Tue, 2008-11-11 08:20 Section: Daily DispatchesBy Sharona Coutts, Marc Lifsher, and Michael A. Hiltzik
Los Angeles Times
Tuesday, November 11, 2008
http://www.latimes.com/business/la-fi-goldman11-2008nov11,0,1943014.story
Goldman, Sachs & Co. urged some of its big clients to place investment bets against California bonds this year despite having collected millions of dollars in fees to help the state sell some of those same bonds.
Lawrence A. Hunter: Obama's golden opportunity
Submitted by cpowell on Mon, 2008-11-10 21:54 Section: Daily DispatchesBy Lawrence A. Hunter
The Washington Times
Sunday, November 9, 2008
http://washingtontimes.com/news/2008/nov/09/golden-opportunity/
The worldwide economic crisis presents President-elect Barack Obama with a golden opportunity to establish his leadership bonafides preemptively before the anticipated foreign challenge comes to test his mettle as a leader.
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