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Daily Dispatches

Max Keiser and Frank Holmes talk about gold on Internet TV

Section: Daily Dispatches

12:55p ET Sunday, June 29, 2008

Dear Friend of GATA and Gold:

Two of GATA's favorite people have turned up on Internet television in the last few hours to talk about gold.

James Turk: Dollar is on the precipice

Section: Daily Dispatches

7:07p ET Saturday, June 28, 2008

Dear Friend of GATA and Gold:

Top market riggers to huddle privately Tuesday in Frankfurt

Section: Daily Dispatches

Treasury's Paulson to Meet ECB's Trichet

By Marc Jones
Reuters
Friday, June 27, 2008

http://www.reuters.com/article/politicsNews/idUSL2745384320080627

FRANKFURT, Germany -- U.S. Treasury Secretary Henry Paulson will meet European Central Bank President Jean-Claude Trichet next week during a trip to Europe to discuss global economic issues.

Options traders bet oil could rise another 40%

Section: Daily Dispatches

By Robert Campbell
Reuters
Friday, June 27, 2008

http://www.reuters.com/article/reutersEdge/idUSN2742649220080627?sp=true

NEW YORK -- Oil options have spiked to prices that imply crude could rise another 40 percent as recent big moves in the crude contract prompt heavy buying of protection against further price increases.

Barclays warns of disaster as Fed loses all credibility

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, June 27, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/27/cnbarc...

Barclays Capital has advised clients to batten down the hatches for a worldwide financial storm, warning that the US Federal Reserve has allowed the inflation genie out of the bottle and let its credibility fall "below zero."

Oil's rise is mainly dollar's devaluation, OPEC chief says

Section: Daily Dispatches

OPEC Chief Sees Oil Going to $150-$170

From Reuters
Thursday, June 26, 2008

http://www.reuters.com/article/reutersComService_3_MOLT/idUSPAB004150200...

PARIS -- Crude oil prices could rise to as high as $170 per barrel in the coming months but are unlikely to hit $200 and should ease towards the end of the year, OPEC President Chakib Khelil said in an interview on Thursday.

Ted Butler: Silver is a tiger by the tail

Section: Daily Dispatches

10:35p ET Tuesday, June 24, 2008

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler's new essay, "A Tiger by the Tail," elaborates on his disclosure of the huge short position in the silver exchange-traded fund and its likely purpose: concealing the shortage of the metal and suppressing its price. You can find Butler's essay at GoldSeek's companion site, SilverSeek, here:

Inflation explodes in manufacturers' prices -- but not gold and silver

Section: Daily Dispatches

Spectre of Inflation Over Global Economy

By Francesco Guerrera, Krishna Guha, and Javier Blas
Financial Times, London
Tuesday, June 24, 2008

http://www.ft.com/cms/s/0/fea3e3e6-41f4-11dd-a5e8-0000779fd2ac.html?ncli...

China agrees to 96% jump in iron prices -- as gold falls

Section: Daily Dispatches

By Javier Blas and Rebecca Bream
Financial Times, London
Monday, June 23, 2008

http://www.ft.com/cms/s/0/bca835f2-4125-11dd-9661-0000779fd2ac.html

Global inflation fears deepened as Chinese steelmakers agreed to a record increase in annual iron ore prices in a move likely to boost the cost of cars, machinery, and other products.

Asian Clearing Union to give euro equality with dollar

Section: Daily Dispatches

By Siddique Islam
All Headline News, Palm Beach, Florida
Sunday, June 22, 2008

http://www.allheadlinenews.com/articles/7011350417

DHAKA, Bangladesh -- Central bank chiefs of the Asian Clearing Union (ACU) have agreed to introduce the euro alongside the U.S. dollar for settlement of payments among the member countries beginning January 2009.

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