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Daily Dispatches
Ambrose Evans-Pritchard: Strengthening yuan, not oil trading, will dethrone dollar
Submitted by cpowell on Tue, 2009-10-06 18:40 Section: Daily DispatchesChina Calls Time on Dollar Hegemony
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, October 6, 2009
http://www.telegraph.co.uk/finance/china-business/6266790/China-calls-ti...
You can date the end of dollar hegemony from China's decision last month to sell its first batch of sovereign bonds in Chinese yuan to foreigners.
Mint News Blog: U.S. Mint suspends collector coin production
Submitted by cpowell on Tue, 2009-10-06 18:30 Section: Daily Dispatches5:27p CT Tuesday, October 6, 2009
Dear Friend of GATA and Gold (and Silver):
Mike Zielinski of the Mint News Blog reports today that because of high demand for gold and silver coins, the U.S. Mint has suspended production of gold and silver collector coins so that it may concentrate on bullion coins. You can read Zielinski's report here:
New documents from Zero Hedge show longtime U.S. fear of oil trade's dollar dump
Submitted by cpowell on Tue, 2009-10-06 13:50 Section: Daily Dispatches1:45p ET Tuesday, October 6, 2009
Dear Friend of GATA and Gold:
MarketWatch quotes Grandich, Spina on oil's dollar dump
Submitted by cpowell on Tue, 2009-10-06 09:00 Section: Daily DispatchesPotential End of Dollar-Based Oil Deals Lifts Gold
By Myra P. Saefong
MarketWatch.com
Tuesday, October 6, 2009
http://www.marketwatch.com/story/potential-end-of-dollar-based-oil-deals...
Saudis, Russians, Kuwaitis deny oil dollar-dump plan
Submitted by cpowell on Tue, 2009-10-06 08:43 Section: Daily DispatchesBy Camilla Hall
Bloomberg News
Tuesday, August 6, 2009
http://www.bloomberg.com/apps/news?pid=20601082&sid=apt5We30uqlA
DUBAI -- Saudi Arabia hasn't held talks with China and other countries on dropping the dollar as the currency for pricing oil, Saudi Central Bank Governor Muhammad al-Jasser said, denying a report in the U.K.'s Independent newspaper.
Gene Arensberg: Comex commercials confident in lower gold
Submitted by cpowell on Mon, 2009-10-05 23:15 Section: Daily Dispatches11:12p ET Monday, October 5, 2009
Dear Friend of GATA and Gold (and Silver):
Gene Arensberg's "Got Gold Report" for Brien Lundin's Gold Newsletter (www.GoldNewsletter.com) has been excerpted and posted in the clear at Stockhouse, headlined "Comex Commercials Confident in Lower Gold Prices," and you can find it here:
Reuters follows Independent's story on oil's dollar dump
Submitted by cpowell on Mon, 2009-10-05 22:59 Section: Daily DispatchesGulf in Talks for Replacing Dollar for Oil: Report
By Wayne Cole
Reuters
Monday, October 5, 2009
http://www.reuters.com/article/businessNews/idUSTRE59507620091006
SYDNEY -- Britain's The Independent newspaper Tuesday reported that Gulf Arab states were in secret talks with Russia, China, Japan, and France to replace the U.S. dollar with a basket of currencies in the trading of oil.
Fed, news service argue IDing banks that got emergency loans
Submitted by cpowell on Mon, 2009-10-05 20:13 Section: Daily DispatchesBy Mark Pittman
Bloomberg News
Monday, October 5, 2009
http://www.bloomberg.com/apps/news?pid=20601109&sid=aPXkf9Z0xZ4A
NEW YORK -- The Federal Reserve should be forced to identify companies that received loans from the central bank because it can' demonstrate that borrowers would be harmed by the disclosure, according to lawyers who won a Freedom of Information Act lawsuit.
Arabs, Asia, Russia said planning to drop dollar in oil trade
Submitted by cpowell on Mon, 2009-10-05 19:47 Section: Daily DispatchesThe Demise of the Dollar
In a graphic illustration of the new world order, Arab states have launched secret moves with China, Russia, and France to stop using the U.S. currency for oil trading.
By Robert Fisk
The Independent, London
Tuesday, October 6, 2009
http://www.independent.co.uk/news/business/news/the-demise-of-the-dollar...
Another gold price suppression document disclosed
Submitted by cpowell on Mon, 2009-10-05 18:54 Section: Daily Dispatches6:55p ET Monday, October 5, 2009
Dear Friend of GATA and Gold: