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Daily Dispatches

IMF reported to be more eager than ever to devalue dollar

Section: Daily Dispatches

This may help explain the IMF's seeming interest in greater transparency for central bank gold reserves and leasing.

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From Reuters
Saturday, March 24, 2007

http://africa.reuters.com/business/news/usnBAN446732.html

Japan says it won't diversify reserves out of dollar

Section: Daily Dispatches

By Yoko Nishikawa
Reuters
Friday, March 23, 2007

http://www.reuters.com/article/bondsNews/idUST15988020070323

TOKYO -- Japan has no plans to divert its foreign currency reserves -- the world's second largest -- out of dollars and will not sell foreign assets to help redeem its government bonds, Finance Minister Koji Omi said on Friday.

Cramer tries to wiggle out of confession to market manipulation

Section: Daily Dispatches

10:40p ET Thursday, March 22, 2007

Dear Friend of GATA and Gold:

CNBC market guru, TheStreet.com founder, and former hedge fund manager Jim Cramer today briefly answered criticism of the comments he made on TheStreet.com's "Wall Street Confidential" program December 22, 2006.

Dollar is now minority of Iran's oil receipts

Section: Daily Dispatches

From Reuters
Thursday, March 22, 2007

http://www.reuters.com/article/newsOne/idUSBLA24804820070322

TEHRAN -- Iran, embroiled in a nuclear row with the United States, is asking more clients to pay for oil in currencies other than the dollar and 60 percent of its crude income is in other units, an official said on Thursday.

Next week, an EFT for credit derivatives

Section: Daily Dispatches

Eurex Has Confidence
In Credit Derivatives

By Paul J. Davies
Financial Times, London
Thursday, March 22, 2007

http://www.ft.com/cms/s/16b9bb2a-d8a8-11db-a759-000b5df10621.html

Run for your lives! Fedsters laud credit derivatives

Section: Daily Dispatches

Rise of Credit Derivatives
Said Boon to U.S. Economy

By Krishna Guha
Financial Times, London
Friday, March 23, 2007

http://www.ft.com/cms/s/0a1f8e3a-d8d5-11db-a759-000b5df10621.html

The explosive growth of credit derivatives has strengthened the US financial system, making it more efficient and more resilient, two Federal Reserve governors declared on Thursday.

Let IMF know its new rules should come clean on gold

Section: Daily Dispatches

5:56p ET Thursday, March 22, 2007

Dear Friend of GATA and Gold:

Back it with gold and everyone will say 'ruble' quite easily

Section: Daily Dispatches

Russia Struggles to Break Dollar Habit

By Guy Faulconbridge
Reuters
via Yahoo News
Wednesday, March 21, 2007

http://news.yahoo.com/s/nm/20070322/od_uk_nm/oukoe_uk_russia_kremlin_dol...

Bill King: Even Cramer's small hedge fund could manipulate market

Section: Daily Dispatches

Cramer's Big Mouth:
Clip Could Run Afoul of CNBC

By Roddy Boyd
New York Post
Wednesday, March 21, 2007

http://www.nypost.com/seven/03212007/business/cramers_big_mouth_business...

CNBC host Jim Cramer's candor in a now-infamous video clip that has circulated on YouTube may have run afoul of the terms of his broadcast contract, sources told the Post.

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