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Daily Dispatches
Jim Sinclair: Do something more than just grumbling about a wrong
Submitted by cpowell on Wed, 2008-07-16 20:04 Section: Daily Dispatches8p ET Wednesday, July 16, 2008
Dear Friend of GATA and Gold:
Short selling banned for brokerage stocks, not mining stocks
Submitted by cpowell on Tue, 2008-07-15 17:47 Section: Daily DispatchesSEC Curbs Shorting of GSE Stocks,
Considers Limits for Wider Market
By Kara Scannell
The Wall Street Journal
Tuesday, July 15, 2008
Bailout of Fannie and Freddie fails to calm nerves
Submitted by cpowell on Mon, 2008-07-14 23:48 Section: Daily DispatchesFrom the Financial Times, London
Monday, July 14, 2008
http://www.ft.com/cms/s/0/6a662e74-51cf-11dd-a97c-000077b07658.html
Confidence in some of the largest regional US banks buckled on Monday as the government's rescue plan for mortgage giants Fannie Mae and Freddie Mac failed to allay equity markets' fears over the stability of the broader financial sector.
GATA's Murphy, Steer interviewed by Korelin Economics Report
Submitted by cpowell on Mon, 2008-07-14 00:55 Section: Daily Dispatches12:50a ET Monday, July 14, 2008
Dear Friend of GATA and Gold:
Over the weekend Al Korelin of the Korelin Economics Report interviewed GATA Chairman Bill Murphy and GATA board member Ed Steer about gold's prospects amid the turmoil in the U.S. banking system. You can listen to it here:
http://www.kereport.com/WeekendSpecial/WS071208-1.mp3
CHRIS POWELL, Secretary/Treasurer
Peter Brimelow: What if gold gave a party and everyone came?
Submitted by cpowell on Mon, 2008-07-14 00:41 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, July 14, 2008
http://www.marketwatch.com/news/story/story.aspx?guid=%7B01A873BE%2DB409...
NEW YORK -- Gold surges, but sentiment is soggy. The goldbugs smell a breakout, and this time they may have generalist backers.
Fed to lend to Freddie, Fannie; Treasury may buy their shares
Submitted by cpowell on Sun, 2008-07-13 18:48 Section: Daily DispatchesU.S. Spells Out Freddie/Fannie Backstop Plan
By Jeannine Aversa
Associated Press
via Yahoo News
Sunday, July 13, 2008
http://news.yahoo.com/s/ap/mortgage_giants_crisis;_ylt=AizCam2q_0DM9KVYB...
U.S. govt. may buy Freddie debt if banks won't
Submitted by cpowell on Sun, 2008-07-13 11:07 Section: Daily DispatchesFreddie Mac's Next Hurdle:
Raise Cash
Treasury Working to Make Sure Debt Sale Succeeds
By Jeffrey H. Birnbaum and Steve Mufson
Washington Post
Sunday, July 13, 2008
http://www.washingtonpost.com/wp-dyn/content/article/2008/07/12/AR200807...
James Turk: America's second-biggest bank failure
Submitted by cpowell on Sat, 2008-07-12 17:34 Section: Daily Dispatches5:30p ET Saturday, July 12m 2008
Dear Friend of GATA and Gold:
Fed's discount window said open to Fannie and Freddie
Submitted by cpowell on Fri, 2008-07-11 15:53 Section: Daily DispatchesFannie Mae, Freddie Mac Are Sound; Panic Unwarranted, Dodd Says
By Romaine Bostick
Bloomberg News Service
Friday, July 11, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aP1BQwOOSoWU
Russia aggressively using energy deals in foreign policy
Submitted by cpowell on Fri, 2008-07-11 10:47 Section: Daily DispatchesGazprom's Libya Bid Imperils Moves to Curb Russia's Energy Clout
By Sebastian Alison
Bloomberg News Service
Friday, July 11, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahS3Z_wUYD0c&refer=home
MOSCOW -- Moves by Russia's state-run OAO Gazprom to buy African energy assets threaten to thwart U.S. efforts to limit Moscow's use of oil and gas as political weapons.