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Daily Dispatches
Ted Butler: The smoking gun
Submitted by cpowell on Fri, 2008-08-22 13:46 Section: Daily Dispatches2:45p ET Friday, August 22, 2008
Dear Friend of GATA and Gold:
Richard J. Greene: Amateur hour in the precious metals markets
Submitted by cpowell on Thu, 2008-08-21 21:53 Section: Daily Dispatches9:45p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Richard J. Greene of Thunder Capital Management strikes some brutal but well-deserved blows against all the bad guys in his new essay, "Amateur Hour in the Precious Metals Markets." Greene writes:
Who could have anticipated such demand for gold?
Submitted by cpowell on Thu, 2008-08-21 20:58 Section: Daily Dispatches8:50p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Congressman extracts statement from Mint on gold coin shortage
Submitted by cpowell on Thu, 2008-08-21 19:25 Section: Daily Dispatches7:20p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Bank borrowing from ECB is out of control
Submitted by cpowell on Thu, 2008-08-21 13:11 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, August 21, 2008
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/mone...
The European Central Bank has issued the clearest warning to date that it cannot serve as a perpetual crutch for lenders caught off-guard by the severity of the credit crunch.
American Eagle gold coins sold out after spree
Submitted by cpowell on Thu, 2008-08-21 12:44 Section: Daily DispatchesBy Frank Tang
Reuters
Thursday, August 21, 2008
http://www.reuters.com/article/ousivMolt/idUSN2140103820080821
NEW YORK -- A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
Wall Street Journal reports gold coin shortage, cites GATA
Submitted by cpowell on Thu, 2008-08-21 12:21 Section: Daily Dispatches12:15p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
U.S. food prices seen rising most since 1990
Submitted by cpowell on Wed, 2008-08-20 21:01 Section: Daily DispatchesBy Christopher Doering
Reuters
Wednesday, August 20, 2008
http://www.reuters.com/article/newsOne/idUSN2045630520080820
WASHINGTON -- U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday.
Jason Hommel: Silver has run out -- now
Submitted by cpowell on Wed, 2008-08-20 17:52 Section: Daily DispatchesBy Jason Hommel
Silver Stock Report
Wednesday, August 20, 2008
http://silverstockreport.com/2008/out.html
For a long time, people have been asking me: When will silver run out?
Investors expecting wipeout for Fannie and Freddie
Submitted by cpowell on Wed, 2008-08-20 17:39 Section: Daily DispatchesFannie and Freddie Shares Plummet
By Stephen Bernard and Alan Zibel
Associated Press
via Yahoo News
Wednesday, August 20, 2008
http://news.yahoo.com/s/ap/20080820/ap_on_bi_ge/mortgage_giants_crisis;_...
NEW YORK -- Investors are betting that time is running out for Fannie Mae and Freddie Mac.