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Daily Dispatches
Bullion coin premiums up to at 25% on eBay
Submitted by cpowell on Sat, 2008-12-06 10:57 Section: Daily Dispatches11a ET Saturday, December 6, 2008
Dear Friend of GATA and Gold:
Our friend Stefan Pernar in Singapore calculates that the premiums over spot of 1-ounce U.S. gold bullion coins sold via the Internet auction site eBay have risen to 25 percent, compared to 11 percent in August. You can read about it at his Weblog here:
CHRIS POWELL, Secretary/Treasurer
Malaysia raises gold dinar proposal again
Submitted by cpowell on Sat, 2008-12-06 10:51 Section: Daily DispatchesThe New Straits Times
Kuala Lumpur, Malaysia
Saturday, December 6, 2008
http://www.nst.com.my/Current_News/NST/Saturday/NewsBreak/20081206162348...
KUALA LUMPUR, Malaysia -- Malaysia wants Organisation of the Islamic Conference member countries to reconsider the use of the gold dinar for trade, especially with uncertainties in the international currency market.
Few seeing usual benefits of rising dollar
Submitted by cpowell on Sat, 2008-12-06 10:41 Section: Daily DispatchesBy Mary Jordan and Karla Adam
Washington Post
Saturday, November 1, 2008
http://www.washingtonpost.com/wp-dyn/content/article/2008/10/31/AR200810...?
LONDON -- The value of the U.S. dollar has soared with unheard-of speed against many currencies in recent weeks, but the global financial crisis has altered the usual effects of such a spike.
India cuts interest rates for third time in two months
Submitted by cpowell on Sat, 2008-12-06 10:18 Section: Daily DispatchesBy Cherian Thomas and Anoop Agrawal
Bloomberg News
Saturday, December 6, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=ayqv9fTdQVCw&refer=home
MUMBAI -- India's central bank cut interest rates for the third time in less than two months after last week's terror attacks shook investor confidence in an economy already weakened by a global recession.
Ten questions on silver with David Morgan
Submitted by cpowell on Fri, 2008-12-05 17:44 Section: Daily DispatchesFrom Precious Metals Monthly
Northwest Territorial Mint, Auburn, Washington
Bank of England mulls 'nuclear option' of cash injection
Submitted by cpowell on Fri, 2008-12-05 17:18 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Friday, December 5, 2008
http://www.telegraph.co.uk/finance/economics/interestrates/3551328/Bank-...
The Bank of England is working on radical plans to inject cash directly into the economy -- the nuclear option to be used only when interest rates approach zero.
Julian Phillips: Central banks seem done selling gold
Submitted by cpowell on Fri, 2008-12-05 17:01 Section: Daily Dispatches5p ET Friday, December 5, 2008
Dear Friend of GATA and Gold:
Antal Fekete: Red alert -- gold backwardation
Submitted by cpowell on Fri, 2008-12-05 16:31 Section: Daily Dispatches4:30p ET Friday, December 5, 2008
Dear Friend of GATA and Gold:
John Crudele: Market intervention is top financial story of our generation
Submitted by cpowell on Fri, 2008-12-05 07:37 Section: Daily DispatchesBy John Crudele
New York Post
Thursday, December 4, 2008
http://www.nypost.com/seven/12042008/business/its_time_to_end_monthly_em...
A few weeks ago CNBC's morning show went after one of its own guests who said the federal government had intervened in the stock market during two dire days in October.
ECB cuts rates to 2.5% and mulls 'printing money'
Submitted by cpowell on Thu, 2008-12-04 21:22 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, December 4, 2008
http://www.telegraph.co.uk/finance/economics/interestrates/3551387/ECB-c...
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