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Daily Dispatches

Ted Butler: Bubble mania?

Section: Daily Dispatches

12:40p ET Tuesday, June 3, 2008

Dear Friend of GATA and Gold:

Bank downgrades, Wachovia ouster rock markets

Section: Daily Dispatches

By Anastasija Johnson
Reuters
Monday, June 2, 2008

http://www.reuters.com/article/ousiv/idUSN0256564820080602

NEW YORK -- Downgrades of three U.S. investment banks, an ouster of Wachovia's chief executive, and a bleak U.K. housing market outlook from a British mortgage lender shook markets on Monday, reigniting fears that the global credit crunch will continue to hurt the world economy.

Wall Street's liabilities get new math: 2 minus 2 equals 4

Section: Daily Dispatches

By Bradley Keoun
Bloomberg News Service
Monday, June 2, 2008

http://www.bloomberg.com/apps/news?pid=20601109&sid=a2ppBYA0ELaU&refer=home

NEW YORK -- Leave it to Wall Street to profit from its own distress.

James Turk: Waiting for the dollar's next new low

Section: Daily Dispatches

8:21a ET Monday, June 2, 2008

Dear Friend of GATA and Gold:

GoldMoney founder and GATA consultant James Turk writes that he's "Waiting for the Dollar's Next New Low," even as Treasury Secretary Hank Paulson is traveling the world defending the dollar's reserve currency status, which one supposes he wouldn't be doing if the dollar's reserve currency status wasn't in question:

Alex Wallenwein: The end of gold manipulation

Section: Daily Dispatches

11:21p ET Saturday, May 31, 2008

Dear Friend of GATA and Gold:

Paulson visits Arabs to tell them how to spend their oil money

Section: Daily Dispatches

Saudis Agree with Paulson on Keeping Dollar Peg

John Brinsley
Bloomberg News Service
Saturday, May 31, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=ay8XOXdaLAOg&refer=home

JEDDAH, Saudi Arabia -- U.S. Treasury Secretary Henry Paulson and Saudi Arabian Finance Minister Ibrahim Al-Assaf agreed that the Gulf kingdom benefits from keeping its currency pegged to the dollar.

Credit for Butler and Hommel, but none for the CFTC

Section: Daily Dispatches

9:45p ET Friday, May 30, 2008

Dear Friend of GATA and Gold:

Reg Howe: Gold derivatives are moving up again

Section: Daily Dispatches

9:15p ET Friday, May 30, 2008

Dear Friend of GATA and Gold:

Wall Street may get permanent credit line at Fed

Section: Daily Dispatches

And central banks are reported to be negotiating to accept each other's junk collateral.

* * *

Kohn Signals Wall Street May Get Permanent Access to Fed Loans

By Scott Lanman and Anthony Massucci
Bloomberg News Service
Friday, May 30, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=a7EKKQuCqhUA&refer=home

Debt markets again flash warnings

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, May 29, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/29/cndebt...

The debt markets in the US and Europe have begun to flash warning signals yet again, raising fears that the global credit crisis could be entering another turbulent phase.

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