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Daily Dispatches
German chancellor attacks central banks
Submitted by cpowell on Tue, 2009-06-02 16:25 Section: Daily DispatchesBy Bertrand Benoit and Ralph Atkins
Financial Times, London
Tuesday, June 2, 2009
http://www.ft.com/cms/s/0/846fd756-4f90-11de-a692-00144feabdc0.html?ncli...
Gene Arensberg: Raise caution flags for gold and silver
Submitted by cpowell on Mon, 2009-06-01 21:34 Section: Daily Dispatches9:30p ET Monday, June 1, 2009
Dear Friend of GATA and Gold (and Silver):
Insurance giant bets on gold for first time in 152 years
Submitted by cpowell on Mon, 2009-06-01 21:17 Section: Daily DispatchesBut real gold or paper gold?
* * *
By Andrew Frye
Bloomberg News
Monday, June 1, 2009
http://www.bloomberg.com/apps/news?pid=email_en&sid=ajf0L9wTPq6Y
NEW YORK -- Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer by 2008 sales, has bought gold for the first time the company's 152-year history to hedge against further asset declines.
China bank adviser: We can buy stuff instead of Treasuries
Submitted by cpowell on Mon, 2009-06-01 21:01 Section: Daily DispatchesChina's Yu Says U.S. Shouldn't Be Complacent About Treasuries
By Kevin Hamlin
Bloomberg News
Monday, June 1, 2009
http://www.bloomberg.com/apps/news?pid=20601068&sid=aatNgaPM2wQM&refer=home
Fed says it's puzzled by yield curve steepening
Submitted by cpowell on Mon, 2009-06-01 08:22 Section: Daily DispatchesBy Alister Bull
Reuters
Sunday, May 31, 2009
http://www.reuters.com/article/ousiv/idUSTRE54U1NZ20090531
WASHINGTON -- The Federal Reserve is studying significant moves in the U.S. government bond market last week that could have big implications for the central bank's strategy to combat the country's recession.
Chinese students laugh at Geithner's assurances
Submitted by cpowell on Mon, 2009-06-01 08:09 Section: Daily DispatchesGeithner Tells China Its Dollar Assets Are Safe
By Glenn Somerville
Reuters
Monday, June 1, 2009
http://www.reuters.com/article/companyNewsAndPR/idUSPEK14475620090601
BEIJING -- U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency.
Indian bullion dealers to report uniform price twice daily
Submitted by cpowell on Mon, 2009-06-01 07:51 Section: Daily DispatchesBy Swansy Afonso
Dow Jones Newswires
via The Wall Street Journal
Monday, June 1, 2009
http://online.wsj.com/article/SB124383973750871537.html?
MUMBAI -- Indian gold dealers and retailers have formed the Indian Bullion Market Association (IBMA), which will provide a uniform price twice daily for gold sold in the local market.
Free-market Swiss site interviews GATA Chairman Murphy
Submitted by cpowell on Sun, 2009-05-31 10:39 Section: Daily Dispatches10:36a ET Sunday, May 31, 2009
Dear Friend of GATA and Gold:
The Daily Bell, an Internet site based in Switzerland devoted to free markets, has conducted a comprehensive interview with GATA Chairman Bill Murphy about the gold and silver price suppression schemes and GATA's work against them. You can find it here:
Korelin Economics Report interviews GATA director Steer
Submitted by cpowell on Sat, 2009-05-30 21:17 Section: Daily Dispatches9:15p ET Saturday, May 30, 2009
Dear Friend of GATA and Gold:
Casey Research gold and silver market analyst Ed Steer, a member of GATA's Board of Directors, was interviewed about those markets and the U.S. dollar for five minutes yesterday by Al Korelin of the Korelin Economics Report, and you can listen to it here:
Congress expected to approve IMF gold sale next week
Submitted by cpowell on Sat, 2009-05-30 21:04 Section: Daily DispatchesFrom Commodity Online
Ahmedabad, India
Friday, May 29, 2009
http://www.commodityonline.com/news/IMF-gold-sale-US-Congress-approval-n...
LONDON -- The International Monetary Fund's decisiion to sell its gold reserves could get the necessary approval from the US Congress next week.
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