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Daily Dispatches
U.S. pledges top $7.7 trillion to unfreeze credit
Submitted by cpowell on Mon, 2008-11-24 22:26 Section: Daily DispatchesBy Mark Pittman and Bob Ivry
Bloomberg News
Monday, November 24, 2008
http://www.bloomberg.com/apps/news?pid=20601109&sid=an3k2rZMNgDw&refer=home
Christopher Wood: The Fed is out of ammunition
Submitted by cpowell on Mon, 2008-11-24 15:02 Section: Daily DispatchesA Discredited Dollar Is a Likely Outcome of the Current Crisis
By Christopher Wood
The Wall Street Journal
Monday, November 24, 2008
Thom Calandra: Bullion rush spreads to Canadian fund
Submitted by cpowell on Mon, 2008-11-24 14:28 Section: Daily Dispatches2:25p ET Monday, November 24, 2008
Stockhouse's Thom Calandra today examines Central Fund of Canada and surmises that the large increases and declines in the premium charged for the gold and silver in that closed-end fund indicate a rush for bullion. Calandra's commentary is headlined "Bullion Rush Spreads to Canadian Fund" and you can find it at Stockhouse here;
U.S. may relieve Citi of billions in bad loans
Submitted by cpowell on Sun, 2008-11-23 17:58 Section: Daily DispatchesBy David Enrich and Carrick Mollenkamp
The Wall Street Journal
Sunday, November 23, 2008
http://online.wsj.com/article/SB122747680752551447.html
Citigroup Inc. is nearing agreement with U.S. government officials to create a structure that would house some of the financial giant's risky assets, according to people familiar with the situation.
Richard Duncan: Bring back link between gold and dollar
Submitted by cpowell on Sun, 2008-11-23 16:00 Section: Daily DispatchesBy Richard Duncan
Financial Times, London
Sunday, November 23, 2008
http://www.ft.com/cms/s/0/ba673d22-b977-11dd-99dc-0000779fd18c.html?ncli...
Gene Arensberg: Commercial short positions still low for gold, silver
Submitted by cpowell on Sun, 2008-11-23 12:37 Section: Daily Dispatches12:35p ET Sunday, November 23, 2008
Dear Friend of GATA and Gold:
Al Korelin interviews Murphy, Turk, Morgan, Grandich, and Powell
Submitted by cpowell on Sat, 2008-11-22 16:54 Section: Daily Dispatches4:48p ET Saturday, November 22, 2008
Dear Friend of GATA and Gold:
Hold still more dollars, economist urges China
Submitted by cpowell on Sat, 2008-11-22 13:26 Section: Daily DispatchesFrom Reuters
via Yahoo News
Saturday, November 22, 2008
http://ph.news.yahoo.com/rtrs/20081122/tbs-financial-china-dollar-21231d...
BEIJING -- The best thing China could do with its foreign currency reserves is raise its holdings of U.S. dollars to support Washington's efforts to support the U.S. econony, state media on Saturday cited an economist as saying.
Wherever MorganChase goes, market manipulation follows
Submitted by cpowell on Fri, 2008-11-21 21:18 Section: Daily DispatchesPolish Market Regulator Seeks Probe of Late Share Deal
By Chris Borowski
Reuters
Friday, December 21, 2008
http://www.reuters.com/article/governmentFilingsNews/idUSLL65902620081121
Citigroup may get government rescue, analysts say
Submitted by cpowell on Fri, 2008-11-21 17:33 Section: Daily DispatchesBy Christine Harper and Bradley Keoun
Bloomberg News
Friday, November 21, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=a3ArjWNoRSKw&refer=home
NEW YORK -- Citigroup Inc. will probably get rescued by the U.S. government after a crisis in confidence erased half its stock-market value in three days, investors and analysts said.
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