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Daily Dispatches
Iran reported to withdraw $75 billion from Europe
Submitted by cpowell on Mon, 2008-06-16 13:58 Section: Daily DispatchesBy Parisa Hafezi
Reuters
Monday, June 16, 2008
http://www.reuters.com/article/marketsNews/idUSDAH63104320080616
TEHRAN, Iran -- Iran has withdrawn around $75 billion from Europe to prevent the assets from being blocked under threatened new sanctions over Tehran's disputed nuclear ambitions, an Iranian weekly said.
James Turk: Time to 'wheedle and cajole'
Submitted by cpowell on Mon, 2008-06-16 11:24 Section: Daily Dispatches8:19a PT Monday, June 16, 2008
Dear Friend of GATA and Gold:
Secrecy for NY Fed's derivatives bailout scheme challenged
Submitted by cpowell on Mon, 2008-06-16 03:20 Section: Daily DispatchesBy Joanne Morrison
Reuters
Sunday, June 15, 2008
http://www.reuters.com/article/newsOne/idUSN1543260720080615
WASHINGTON -- The New York Federal Reserve's closed-door rule making with top players in the massive $60 trillion credit default swaps market came under legal fire on Sunday, as a fair finance activist filed a complaint questioning why it was done in the dark.
Ron Paul turns campaign toward electing libertarian-leaning Republicans
Submitted by cpowell on Thu, 2008-06-12 22:53 Section: Daily DispatchesBy Kelley Shannon
Associated Press
via Yahoo News
Thursday, June 12, 2008
http://news.yahoo.com/s/ap/20080613/ap_on_el_pr/ron_paul;_ylt=AoG1mqyNKX...
Germans begin rejecting euros from Latin bloc
Submitted by cpowell on Thu, 2008-06-12 22:29 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Friday, June 13, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/13/cneuro...
Notes printed in Berlin have more currency for bank customers who fear a "value crisis."
Emerging markets face inflation meltdown
Submitted by cpowell on Thu, 2008-06-12 22:22 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Friday, June 13, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/06/13/cnemer...
Marc Chandler: Don't expect intervention to support dollar
Submitted by cpowell on Thu, 2008-06-12 01:09 Section: Daily DispatchesBy Marc Chandler
For RealMoney
via TheStreet.com
Wednesday, June 11, 2008
http://www.thestreet.com/s/chandler-dont-expect-dollar-intervention/mark...
Iran says it will sell euro instruments for gold and stocks
Submitted by cpowell on Thu, 2008-06-12 00:53 Section: Daily DispatchesIran's Switch Good News for Gold Bugs?
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, June 10, 2008
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/june2008/gold...
Good news for long-suffering gold bugs: Iran is switching a chunk of its $80 billion reserves into bullion.
Antal Fekete: Putting loincloth on the naked bogeyman
Submitted by cpowell on Thu, 2008-06-12 00:01 Section: Daily Dispatches12:01a ET Thursday, June 12, 2008
Dear Friend of GATA and Gold:
Another mainstream writer notices that gold is crucial to international monetary reform
Submitted by cpowell on Wed, 2008-06-11 17:13 Section: Daily DispatchesThe Weak-Dollar Threat to World Order
By Judy Shelton
The Wall Street Journal
Monday, June 9, 2008
http://online.wsj.com/article/SB121296987173655833.html
Imagine how Americans would feel if we suddenly realized that our most trusted trade partners have been slowly but inexorably imposing a tariff against U.S. goods since 2002 -- a tariff now in excess of 50%.