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Daily Dispatches
Economist Mundell says China should buy all IMF gold
Submitted by cpowell on Sat, 2008-10-18 11:03 Section: Daily Dispatches10:54a ET Saturday, October 18, 2008
Dear Friend of GATA and Gold:
Your secretary-treasurer was given a fair amount of time Thursday night to explain the gold price suppression scheme to the annual fall dinner meeting of the Committee for Monetary Research and Education (www.CMRE.org) at the Union League Club in New York City.
John Embry: Rescue will send gold to surreal price level
Submitted by cpowell on Fri, 2008-10-17 23:58 Section: Daily Dispatches11:53p ET Friday, October 17, 2008
Dear Friend of GATA and Gold:
Even Mark Hulbert now admits possibility of gold manipulation
Submitted by cpowell on Fri, 2008-10-17 19:07 Section: Daily DispatchesSome Gold Timers Remain Stubbornly Bullish
By Mark Hulbert
MarketWatch.com
Thursday, October 16, 2008
http://www.marketwatch.com/news/story/contrarian-analysis-gold-market/st...
ANNANDALE, Virginia -- Can you say, "inflationary"?
Heavy secret gold leasing may explain disparity in gold prices
Submitted by cpowell on Fri, 2008-10-17 14:55 Section: Daily Dispatches2:53p ET Friday, October 17, 2008
Dear Friend of GATA and Gold:
MineWeb's Lawrence Williams interviews Jeff Nichols of American Precious Metals advisers about gold's decline on the commodities exchanges even as demand for the metal explodes, and they come up with a likely explanation -- heavy surreptitious gold leasing by central banks.
More on the strange disparities in gold, silver markets
Submitted by cpowell on Fri, 2008-10-17 14:21 Section: Daily Dispatches2:18p ET Friday, October 17, 2008
Dear Friend of GATA and Gold:
Two more market analysts have taken detailed note of the great and strange disparities in the gold and silver markets.
At Seeking Alpha, Tim Iacono's analysis is headlined "Gap Between Paper and Physical Prices Widening Daily," and you can find it here:
Daily bank borrowing from Fed rises to $438 billion
Submitted by cpowell on Thu, 2008-10-16 22:54 Section: Daily DispatchesGovernments Step Up Credit Fight; Banks Line Up at Fed
By Jamie McGeever and Richard Leong
Reuters
Thursday, October 16, 2008
http://www.reuters.com/article/gc06/idUSTRE49F9H220081016
LONDON -- Most interbank lending rates fell on Thursday in the wake of more steps by central banks to provide funds, improve bank balance sheets, and open up credit lines to cash-strapped institutions.
Fears of Lehman's CDS derivatives haunt markets
Submitted by cpowell on Thu, 2008-10-16 22:43 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Friday, October 17, 2008
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/321164...
Huge demand fills Zurich bank's gold ETF vault
Submitted by cpowell on Wed, 2008-10-15 15:33 Section: Daily DispatchesBy Rachel Graham
Bloomberg News
Wednesday, October 15, 2008
http://www.bloomberg.com/apps/news?pid=20601085&sid=aC3aEDKR2XPs
Zuercher Kantonalbank, the Swiss lender that manages about $107 billion, said its gold vault is full after a surge in demand from investors seeking a haven during the credit crunch.
Daniel Gschwend: Time running out for gold manipulation
Submitted by cpowell on Wed, 2008-10-15 11:09 Section: Daily Dispatches11:08a ET Wednesday, October 15, 2008
Dear Friend of GATA and Gold:
U.S. Government could guarantee $2 trillion for banks
Submitted by cpowell on Tue, 2008-10-14 20:52 Section: Daily DispatchesBy Marcy Gordon
Associated Press
via Yahoo News
Tuesday, October 14, 2008
http://biz.yahoo.com/ap/081014/fdic_bank_guarantees.html?.v=3
WASHINGTON -- The government may guarantee nearly $2 trillion in U.S. banks' debt and deposit accounts for more than three years in an effort to break the crippling logjam in bank-to-bank lending.