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Daily Dispatches

Murphy's 'Midas' discloses international participation in GATA conference

Section: Daily Dispatches

8:25p ET Monday, February 18, 2008

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's nightly "Midas" commentary at LeMetropoleCafe.com has been posted in the clear at GoldSeek and announces good international participation in GATA's forthcoming conference in Washington from April 17-19. You can find the "Midas" commentary here:

Iran opens oil products exchange, plans one for oil itself

Section: Daily Dispatches

By the Associated Press
via International Herald-Tribune, Paris
Sunday, February 17, 2008

http://www.iht.com/articles/ap/2008/02/17/business/ME-FIN-Iran-Oil.php

TEHRAN, Iran -- Iran established its first oil products bourse Sunday in a free-trade zone on the Persian Gulf Island of Kish, the country's oil ministry said.

Britain nationalizes Northern Rock 'temporarily'

Section: Daily Dispatches

From the Financial Times, London
Sunday, February 17, 2008

http://www.ft.com/cms/s/9ba3c422-dd6e-11dc-ad7e-0000779fd2ac.html

Northern Rock, the troubled British bank, is to be nationalised, the UK Treasury announced Sunday.

Iranian envoy suggests pricing Iranian oil in rubles

Section: Daily Dispatches

Iran's Envoy: Iran and Russia
Can Rid World of Dollary's Slavery

From Islamic Republic News Agency, Tehran
Friday, February 15, 2008

http://www2.irna.ir/en/news/view/menu-237/0802150324191831.htm

Ron Paul: Let's legalize competing currencies

Section: Daily Dispatches

9p ET Friday, Februray 15, 2008

Dear Friend of GATA and Gold:

Adrian Ash: Fading the IMF

Section: Daily Dispatches

By Adrian Ash
The Rude Awakening
Thursday, February 14, 2008

http://www.agorafinancial.com/afrude/

The gold price now hovers near all-time record highs. Whereas the International Monetary Fund (IMF) finds itself short of $400 million per year. Can you guess what comes next?

That's right -- the IMF unloads some of its gold.

U.S. Govt. closes Internet site consolidating economic indicator reports

Section: Daily Dispatches

Bush Administration Hides More Data,
Shuts Down Website Tracking Economic Indicators

From The Center for American Progress
(Washington, D.C.)
Wednesday, February 13, 2008

http://thinkprogress.org/2008/02/13/economic-indicators/

Rescue for German bank aims to avoid crisis in confidence

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 14, 2008

http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/mone...

Germany faced its "Northern Rock moment" last night as top ministers and bankers thrashed out a rescue plan to save IKB Deutsche Industrie Bank, fearing a "bank tsunami" if the struggling lender was allowed to fail.

Worried bankers seek to shift risk to Uncle Sam

Section: Daily Dispatches

By Damian Paletta
The Wall Street Journal
Thursday, February 14, 2008

WASHINGTON -- The banking industry, struggling to contain the fallout from the mortgage debacle, is urgently shopping proposals to Congress and the Bush administration that could shift some of the risk for troubled loans to the federal government.

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