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Daily Dispatches
Dollar won't do anymore, FT's Martin Wolf says, without mentioning gold
Submitted by cpowell on Sun, 2009-12-27 13:47 Section: Daily DispatchesDo We Need a New Reserve Currency?
From Emirates Business, Dubai
Sunday, December 27, 2009
http://www.business24-7.ae/Articles/2009/12/Pages/26122009/12272009_b60d...
Adjusted for inflation, Dow's gains are puny
Submitted by cpowell on Sun, 2009-12-27 11:04 Section: Daily DispatchesBy E.S. Browning
The Wall Street Journal
Sunday, December 27, 2009
http://online.wsj.com/article/SB1000142405274870399130457462190385050863...
Many investors realize that stocks have been among the worst investments of the past decade. But they may not realize quite how bad the decade was, because most people forget about the effects of inflation.
SEC clears way for platinum and palladium ETFs
Submitted by cpowell on Fri, 2009-12-25 21:42 Section: Daily DispatchesBy Allen Sykora
The Wall Street Journal
Saturday, December 26, 2009
http://online.wsj.com/article/SB1000142405274870471820457461637060750845...
Regulators took another step toward smoothing the way for exchange-traded funds linked to the metals to trade in the U.S.—news that sent platinum and palladium prices to three-week highs on Thursday.
James Turk: Government overspending causes hyperinflation
Submitted by cpowell on Fri, 2009-12-25 14:39 Section: Daily Dispatches2:35p ET Friday, December 25, 2009
Dear Friend of GATA and Gold:
In commentary published this week, GoldMoney founder James Turk, consultant to GATA and editor of the Free Gold Money Report, argues that hyperinflation is not caused by too much bank lending but rather by government overspending. Turk writes:
Bank of Japan seems committed to more interest-free yen
Submitted by cpowell on Fri, 2009-12-25 14:26 Section: Daily DispatchesBank of Japan Members Were Ready to Take Action, Minutes Show
By Mayumi Otsuma
Bloomberg News
Thursday, December 24, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMTtfQyneKN4&pos=4
Treasury pledges unlimited bailouts for Fannie and Freddie
Submitted by cpowell on Fri, 2009-12-25 11:11 Section: Daily DispatchesBy J.W. Elphinstone
Associated Press
via Yahoo News
Friday, December 25, 2009
http://news.yahoo.com/s/ap/20091225/ap_on_bi_ge/us_mortgage_giants_ceos
NEW YORK -- The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.
Zero Hedge: Stocks would be flat without after-hours goosing
Submitted by cpowell on Thu, 2009-12-24 12:07 Section: Daily Dispatches12:09p ET Thursday, December 24, 2009
Dear Friend of GATA and Gold:
Banks bundled bad debt, bet against it, and won
Submitted by cpowell on Thu, 2009-12-24 11:28 Section: Daily DispatchesBy Gretchen Morgenson and Louise Story
The New York Times
Thursday, December 24, 2009
http://www.nytimes.com/2009/12/24/business/24trading.html?_r=1&hp=&adxnn...
John Embry: Gold bull has years and thousands of dollars to go
Submitted by cpowell on Wed, 2009-12-23 20:01 Section: Daily Dispatches8p ET Wednesday, December 23, 2009
Dear Friend of GATA and Gold:
Passport Capital's experiment: Owning physical gold
Submitted by cpowell on Wed, 2009-12-23 15:53 Section: Daily DispatchesBy Alistair Barr
The Wall Street Journal
Wednesday, December 23, 2009
http://online.wsj.com/article/BT-CO-20091223-708563.html
This summer, John Moran picked up 100 ounces of gold from a locker run by the Comex exchange in New York.