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Daily Dispatches
Clive Maund: This time it's for real
Submitted by cpowell on Sun, 2007-07-22 16:58 Section: Daily Dispatches5p ET Sunday, July 22, 2007
Dear Friend of GATA and Gold:
It has been another slow news weekend so you may be hungry for anything metals-related ... even technical analysis. In which case Clive Maund has delivered a heaping helping today. It's headlined "This Time It's for Real" and you can find it at Market Oracle here:
GATA sympathizers meet for lunch in Perth on Aug. 6
Submitted by cpowell on Sun, 2007-07-22 16:40 Section: Daily Dispatches4:40p ET Sunday, July 22, 2007
Dear Friend of GATA and Gold:
GATA sympathizers and gold investors are invited to the next GATA lunch in Perth, Australia, to be held at noon on Monday, August 6, in the restaurant of the Subiaco Hotel. A GATA sign will be displayed to get everyone to the right spot. RSVPs are helpful but not required, and should be sent to organizer David Evans at:
Analysts ask how low dollar can go
Submitted by cpowell on Sun, 2007-07-22 16:30 Section: Daily DispatchesBy Michael Mackenzie
Financial Times, London
Sunday, July 22, 2007
http://www.ft.com/cms/s/e3dd78ec-3872-11dc-bca9-0000779fd2ac.html
Ambrose Evans Pritchard: 'Dutch disease' could shake the pound
Submitted by cpowell on Fri, 2007-07-20 09:02 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Friday, July 20, 2007
http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2007/07/20/do...
Don't be fooled by the surge in sterling to a 16-year high of $2.05 against the dollar. We have not become the planet's uber-rich, nor have we stumbled upon the secret of perpetual wealth.
Markets dive as Fed raises stagflation fears
Submitted by cpowell on Thu, 2007-07-19 10:15 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, July 19, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/19/cnusec...
Ben Bernanke, the chairman of the US Federal Reserve, has painted a gloomy picture of slowing growth and rising inflation, causing a sharp sell-off on Wall Street as investors sniff a nasty whiff of stagflation.
Gold's enemies have not yet evaded the laws of physics
Submitted by cpowell on Wed, 2007-07-18 18:19 Section: Daily Dispatches6:15p ET Wednesday, July 18, 2007
Dear Friend of GATA and Gold:
Tuesday's final dispatch, "Scientists find economic process for creating gold from base metals," contrived a news story in an attempt to satirize the desperation of the central banks and major financial houses to suppress the gold price as the dollar-based financial system cracks apart.
Scientists find economic process for creating gold from base metals
Submitted by cpowell on Tue, 2007-07-17 22:04 Section: Daily DispatchesBy Ben Dover
San Francisco Comical
Tuesday, July 17, 2007
http://news.yahoo.com/s/nm/20070716/od_nm/germany_sexy_dc;_ylt=AnlKIwIEm...
LIVERMORE, California -- Scientists at the Lawrence Livermore National Laboratory have discovered a process for inexpensively converting base metals into gold, the lab announced Tuesday night at a hastily called news conference.
Bear Stearns admits two subprime mortgage funds are worthless
Submitted by cpowell on Tue, 2007-07-17 21:05 Section: Daily DispatchesBy Joey Bel Bruno
Associated Press
Tuesday, July 17, 2007
http://biz.yahoo.com/ap/070717/bear_stearns_funds.html?.v=1
NEW YORK -- Bear Stearns Cos. told clients Tuesday that a meltdown in the subprime mortgage market has made the assets from two of its flagship hedge funds almost worthless.
Ted Butler: The principle of substitution
Submitted by cpowell on Tue, 2007-07-17 16:59 Section: Daily Dispatches5p ET Tuesday, July 17, 2007
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler argues that the principle of substitution is going to work twice in silver's favor.
First, since silver is just a small part of the price of so many of the products in which it is contained, it can rise very high in price before manufacturers are likely to substitute other metals for it.
Grandich slips market manipulation into MarketWatch daily gold report
Submitted by cpowell on Tue, 2007-07-17 11:30 Section: Daily DispatchesBy Polya Lesova
MarketWatch.com
Tuesday, July 17, 2007
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7bE55F69D0-78FB-4...
NEW YORK -- Gold futures struggled to find a foothold in positive territory Tuesday, though ongoing dollar weakness and near-record oil prices underpinned prices.