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Daily Dispatches

Rio Tinto could be in the sights of more suitors, analysts say

Section: Daily Dispatches

By James Regan
Reuters
via Yahoo News
Thursday, November 8, 2007

http://news.yahoo.com/s/nm/20071109/bs_nm/riotinto_bhpbilliton1_dc;_ylt=...

SYDNEY, Australia -- Rio Tinto Ltd/Plc could be in the sights of more corporate suitors after rebuffing a $140 billion all-share takeover proposal from rival miner BHP Billiton Ltd/Plc.

Rio Tinto soars after spurned bid from Billiton

Section: Daily Dispatches

By Mark Potter and Eric Onstad
Reuters
Thursday, November 8, 2007

http://news.yahoo.com/s/nm/20071108/bs_nm/rio_tinto_bhp_billiton_dc;_ylt...

BHP Billiton has made a long-awaited bid approach to Rio Tinto in a move aimed at creating a $350 billion-plus mining giant, but Rio rejected the all-share proposal as too low.

Gold eyes all-time high on currency crisis fears

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, November 7, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/07/bcngol...

Gold has surged to $846 an ounce on fears of a dollar collapse and signs of spreading credit crisis in the United States, coming within a whisker of the all-time high seen at the end of the 1970s inflation era.

Fed officials hint at potential for still lower interest rates

Section: Daily Dispatches

By Ros Krasny
Reuters
via Yahoo News
Wednesday, November 7, 2007

http://news.yahoo.com/s/nm/20071107/bs_nm/usa_fed_dc;_ylt=AijlHAlq905n9G...

MILWAUKEE, Wisconsin -- Federal Reserve officials on Wednesday said more interest rate cuts could be needed if economic growth proves weaker than expected, just a week after hinting that rates would probably stay steady for now.

On the verge of a worldwide currency crisis

Section: Daily Dispatches

Sarkozy Fears 'Economic War' as Dollar Slides

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, November 8, 2007

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=V3TQOP1R3VY03QFIQ...

Peter Grandich explains support for GATA

Section: Daily Dispatches

11:35p ET Wednesday, November 7, 2007

Dear Friend of GATA and Gold:

James Turk: Gold's infallible indicator -- six months later

Section: Daily Dispatches

4:45p ET Wednesday, November 7, 2007

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has checked his infallible predictor of the gold price and reports that it continues to work perfectly. Turk's new essay is headlined "Gold's Infallible Indicator -- Six Months Later," and you can find it at Kitco here:

Dollar falls to record low on Chinese talk of diversifying reserves

Section: Daily Dispatches

By Agnes Lovasz and Stanley White
Bloomberg News Service
Wednesday, November 7, 2007

http://www.bloomberg.com/apps/news?pid=20601080&sid=aOiMD2UBRYd8

The dollar fell the most since September against the currencies of its six biggest trading partners after Chinese officials signaled plans to diversify the nation's $1.43 trillion of foreign exchange reserves.

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