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Daily Dispatches
China moves to internationalize its currency
Submitted by cpowell on Mon, 2009-08-03 15:16 Section: Daily DispatchesBy Leo Lewis
The Times, London
Monday, August 3, 2009
http://business.timesonline.co.uk/tol/business/economics/article6736681.ece
China is rapidly accelerating its efforts to internationalise its currency with a series of manoeuvres that could see the renminbi soar to become one of the top three traded monetary units in the world.
Ed Steer's daily commentary is at Casey site
Submitted by cpowell on Mon, 2009-08-03 13:58 Section: Daily Dispatches2p ET Monday, August 3, 2009
Dear Friend of GATA and Gold (and Silver):
Casey Research market analyst Ed Steer, a member of GATA's Board of Directors, will have his own free e-mail letter at Casey Research in a few days, but for this week his daily commentary is accessible only at the Casey Research Internet site here:
Peter Brimelow: Is gold gearing up (again) to break $1,000?
Submitted by cpowell on Mon, 2009-08-03 08:15 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, August 3, 2009
http://www.marketwatch.com/story/is-gold-again-headed-for-1000-break-200...?
NEW YORK -- For the umpteenth time, gold bugs think gold may be poised to break $1,000.
The last week of July definitely lacked summer somnolence in the gold market.
Gary North: Why Bernanke is in panic mode
Submitted by cpowell on Sun, 2009-08-02 21:23 Section: Daily Dispatches9:22p ET Sunday, August 2, 2009
Dear Friend of GATA and Gold:
In his latest essay, "Why Bernanke Is in Panic Mode," financial letter writer Gary North (http://www.garynorth.com/) brilliantly exposes and demolishes the secret patronage on which the Federal Reserve system now is mainly based, patronage that risks exposure if U.S. Rep. Ron Paul's legislation to audit the Fed is ever enacted.
Wall Street benefits from Fed and Treasury
Submitted by cpowell on Sun, 2009-08-02 20:45 Section: Daily DispatchesBy Henny Sender
Financial Times, London
Sunday, August 2, 2009
http://www.ft.com/cms/s/0/ffa60e50-7f8c-11de-85dc-00144feabdc0.html
On a steamy July morning in New York recently, the US Federal Reserve, in accordance with announced plans, began purchasing $3 billion in government bonds maturing between February 2021 and 2026.
Prices rose in anticipation of the Fed move.
Wall Street makes 'luxurious' profits from trades with Fed
Submitted by cpowell on Sun, 2009-08-02 20:37 Section: Daily DispatchesBy Henny Sender
Financial Times, London
Sunday, August 2, 2009
http://www.ft.com/cms/s/0/e84383dc-7f8c-11de-85dc-00144feabdc0.html
Jay Taylor interviews James Turk on why you should save in gold
Submitted by cpowell on Sun, 2009-08-02 20:20 Section: Daily Dispatches8:15p ET Sunday, August 2, 2009
Dear Friend of GATA and Gold:
Artist Alain Despert's video upated with more reference to GATA
Submitted by cpowell on Sun, 2009-08-02 18:46 Section: Daily Dispatches6:42p ET Sunday, August 1, 2009
Dear Friend of GATA and Gold:
Fed's bailout loans are properly secret, judge rules
Submitted by cpowell on Sat, 2009-08-01 18:35 Section: Daily DispatchesBy Grant McCool
Reuters
Thursday, July 30, 2009
http://www.reuters.com/article/newsOne/idUSN3037958120090730
NEW YORK -- A U.S. judge on Thursday denied a bid by Fox News Network LLC seeking details from the Board of Governors of the Federal Reserve about the central bank's loans to companies affected by the financial crisis.
A Hong Kong gold merchant seeks fortune in China
Submitted by cpowell on Sat, 2009-08-01 14:37 Section: Daily DispatchesBy Joyce Hor-chung Lau
The New York Times
Friday, July 31, 2009
http://www.nytimes.com/2009/08/01/business/global/01spot.html?
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