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Daily Dispatches
Ted Butler: A critical point
Submitted by cpowell on Tue, 2008-05-13 21:23 Section: Daily Dispatches9:15p ET Tuesday, May 13, 2008
Dear Friend of GATA and Gold:
Coin experts examining gold find from Louisiana coast
Submitted by cpowell on Tue, 2008-05-13 16:54 Section: Daily DispatchesBy The Associated Press
via KATC-TV, Lafayette, Louisiana
Tuesday, May 13, 2008
http://www.katc.com/global/story.asp?s=8317513
NEW ORLEANS -- A steamship that sank off the Louisiana coast during an 1846 storm has produced a trove of rare gold coins, including some produced at two, mostly forgotten U.S. mints in the South, coin experts say.
Libor rate faces shakeup as credibility is doubted
Submitted by cpowell on Tue, 2008-05-13 11:21 Section: Daily DispatchesBy Ben Livesey and Gavin Finch
Bloomberg News Service
Tuesday, May 13, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=az3eSerjPuDA&refer=home
LONDON -- The benchmark interest rate for $62 trillion of credit derivatives and mortgages for 6 million U.S. homeowners faces its biggest shakeup in a decade as lawmakers question if banks are understating borrowing costs.
Bernanke lunched with Wall Street before Bear rescue
Submitted by cpowell on Tue, 2008-05-13 01:26 Section: Daily DispatchesBernanke Lunched With MorganChase CEO and Rubin Before Bear Rescue
By Scott Lanman
Bloomberg News Service
Tuesday, May 12, 2008
http://www.bloomberg.com/apps/news?pid=20601109&sid=a_OXZPHcMwlA&refer=home
James Turk: An update on the dollar
Submitted by cpowell on Mon, 2008-05-12 08:51 Section: Daily Dispatches8:47a ET Monday, May 12, 2008
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: The global slump has begun as poison spreads
Submitted by cpowell on Sun, 2008-05-11 22:53 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 12, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/12/ccambr...
The avalanche of bankruptcies has begun. Six US companies of substance have defaulted on bonds over the past fortnight, against 17 for the whole of last year.
Deepcaster Letter: Profit from market manipulation by central banks
Submitted by cpowell on Sun, 2008-05-11 00:52 Section: Daily Dispatches12:47a ET Sunday, May 11, 2008
Dear Friend of GATA and Gold:
The shrinkable but (so far) unsinkable dollar
Submitted by cpowell on Sun, 2008-05-11 00:37 Section: Daily DispatchesBy Peter S. Goodman
The New York Times
Sunday, May 11, 2008
http://www.nytimes.com/2008/05/11/weekinreview/11goodman.html?_r=2&oref=...
Beijing, Riyadh will call shots on ailing dollar
Submitted by cpowell on Sun, 2008-05-11 00:30 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Sunday, May 11, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/11/ccecon...
Only a month ago the dollar slumped to an all-time low against the euro. And it's just five weeks since the greenback hit a 12-year low against the yen.
If you believe central banks, currency market management is just rhetoric
Submitted by cpowell on Sat, 2008-05-10 12:53 Section: Daily DispatchesPaulson, Trichet Welcome Dollar's Recovery Since G-7
By John Brinsley and Christopher Anstey
Bloomberg News Service
Saturday, May 10, 2008
http://www.bloomberg.com/apps/news?pid=20601080&sid=aIwAaryrPsUQ
WASHINGTON -- U.S. and European officials signaled satisfaction that the dollar is stabilizing after Group of Seven policy makers expressed concern a month ago about its decline.
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