You are here

Daily Dispatches

'Too big to fail' isn't explicit policy for European banks ... yet

Section: Daily Dispatches

Trichet Kills Plan for Public Rescue of Banks

By George Parker
Financial Times, London
Sunday, April 22, 2007

http://www.ft.com/cms/s/84dc0ef0-f10d-11db-838b-000b5df10621.html

Morgan joins Dubai exchange just days before it trades gold options

Section: Daily Dispatches

JPMorgan Joins Dubai Commodities Exchange

From Reuters
via New Straits Times, Kuala Lumpur, Malaysia
Monday, April 23, 2007

http://www.btimes.com.my/Current_News/BT/Monday/Corporate/BT619407.txt/A...

DUBAI -- US investment bank JPMorgan Chase & Co has joined the Dubai Gold and Commodities Exchange (DGCX) as a broker clearing member, the exchange said in a statement yesterday.

Paulson wants 'strong dollar' to be weaker against Chinese yuan

Section: Daily Dispatches

From Reuters
Saturday, April 21, 2007

http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid...

WASHINGTON -- U.S. Treasury Secretary Henry Paulson said on Friday he is "a big believer in a strong dollar" but reiterated that China's yuan currency needs to appreciate more against the greenback.

Barrick sells NovaGold stake after takeover bid fails

Section: Daily Dispatches

By Lynn Thomasson
Bloomberg News Service
Friday, April 20, 2007

http://www.bloomberg.com/apps/news?pid=20601082&sid=aU4HyGtquHTg&refer=c...

Barrick Gold Corp., the world's biggest gold producer, today sold its entire stake in NovaGold Resources Inc. after its hostile takeover bid failed.

British pound hits 26-year high against U.S. dollar

Section: Daily Dispatches

By Jackie Farwell
Associated Press
via Yahoo News
Wednesday, April 18, 2007

http://news.yahoo.com/s/ap/20070418/ap_on_bi_ge/dollar_4

NEW YORK -- The British pound climbed to a 26-year high Wednesday as the euro rose to its highest level in two years but fell short of its all-time record.

Mike Maloney: The Dow isn't going up -- it's actually crashing

Section: Daily Dispatches

11p ET Wednesday, April 18, 2007

Dear Friend of GATA and Gold:

Ted Butler: The day of reckoning

Section: Daily Dispatches

3:25p ET Tuesday, April 17, 2007

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler's new commentary explains in detail how the silver market is manipulated by one or two short-sellers far beyond the manipulation of any other commodity market. Butler's commentary is headlined "The Day of Reckoning" and you can find it at GoldSeek's companion site, SilverSeek, here:

Fears grow that Britain has lost control of its remaining gold

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, April 17, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/04/17/cngold...

As Gordon Brown prepares for a grilling in the Commons over his fire-sale auction of Britain's gold at the bottom of the market, concern is mounting that the Treasury may have lost control over the small amount still left in its vaults.

Most Americans now feed at the government trough, study concludes

Section: Daily Dispatches

As US Tax Rates Drop,
Government's Reach Grows

By Mark Trumbull
Christian Science Monitor
Monday, April 16, 2007

http://www.csmonitor.com/2007/0416/p01s04-usec.html

Maybe the era of big government isn't over after all.

Lihir to dilute by US$535 million to close gold hedges

Section: Daily Dispatches

A quick calculation suggests that the total
to be spent here just to close the hedge book
will be about US$535 million.

* * *

Lihir to Sell A$1.2 Billion
in Shares to End Hedging

By Jesse Riseborough
Bloomberg News Service
Tuesday, April 17, 2007

http://www.bloomberg.com/apps/news?pid=20601081&sid=avNDK.76FIKA&refer=a...

Pages