Daily Dispatches

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

Submitted by cpowell on Tue, 2008-06-24 21:48 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...

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

Submitted by cpowell on Mon, 2008-06-23 18:53 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.

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Asian Clearing Union to give euro equality with dollar

Submitted by cpowell on Sun, 2008-06-22 20:05 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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Treasury Department has at least contemplated gold swaps

Submitted by cpowell on Sat, 2008-06-21 19:04 Section: Daily Dispatches

7p ET Saturday, June 20, 2008

Dear Friend of GATA and Gold:

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An oily deception about the dollar

Submitted by cpowell on Sat, 2008-06-21 17:47 Section: Daily Dispatches

By Chris Powell
Journal Inquirer, Manchester, Connecticut
Saturday, June 20, 2008

http://www.journalinquirer.com/articles/2008/06/21/chris_powell/doc485c2...

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U.S. government sued over seizure of Liberty Dollars

Submitted by cpowell on Fri, 2008-06-20 12:37 Section: Daily Dispatches

By Joseph Goldstein
New York Sun
Friday, June 20, 2008

http://www.nysun.com/national/government-is-sued-over-seizure-of-liberty...

The federal government's attempt to stop a group of gold-standard activists from minting an alternative to the greenback is about to face its first legal test.

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Bear bailout shows Fed doesn't follow normal rules for its own books

Submitted by cpowell on Wed, 2008-06-18 11:34 Section: Daily Dispatches

By Jonathan Weil
Bloomberg News Service
Wednesday, June 18, 2008

http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_weil&sid...

The Federal Reserve is just days away from completing the financing for its bailout of Bear Stearns Cos., after which the central bank will have another big decision to make: how to account for it.