Daily Dispatches

Business Day cites GATA; and any GATA fans in Florida?

Submitted by cpowell on Mon, 2008-10-13 11:40 Section: Daily Dispatches

11:41a ET Monday, October 13, 2008

Dear Friend of GATA and Gold:

GATA is mentioned today in commentary in the South African business newspaper Business Day. It's in an essay written by Jean Temkin, it's headlined "Gold Will Thrive on Dollar Flight," and you can find it here:

http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A862031

Read more about Business Day cites GATA; and any GATA fans in Florida?

Infinite dollars and more interest rate cuts on the way

Submitted by cpowell on Mon, 2008-10-13 08:53 Section: Daily Dispatches

Central Banks Flood System With Dollars

By John Fraher and Simon Kennedy
Bloomberg News
Monday, October 13, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aWco7rn0SIxs&refer=home

Read more about Infinite dollars and more interest rate cuts on the way

U.S. national debt clock runs out of digits

Submitted by cpowell on Sun, 2008-10-12 21:12 Section: Daily Dispatches

By The Associated Press
via MSNBC.com
Sunday, October 12, 2008

http://www.msnbc.msn.com/id/27150961/

NEW YORK -- A watched clock never moves -- unless it's the National Debt Clock.

In fact, the digital counter has been moving so much that it recently ran out of digits to display the ballooning figure: $10,150,603,734,720, or roughly $10.2 trillion, as of Saturday afternoon.

Read more about U.S. national debt clock runs out of digits

ECB looks for ways to lend against commercial paper

Submitted by cpowell on Sun, 2008-10-12 20:14 Section: Daily Dispatches

By Gregory Viscusi and Gabi Thesing
Bloomberg News
Monday, October 13, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMrlyjJ9abEQ&refer=home

PARIS -- European Central Bank President Jean-Claude Trichet said the ECB will examine ways to widen its lending rules after governments asked it to set up a facility to buy commercial paper.

Read more about ECB looks for ways to lend against commercial paper

Gene Arensberg's 'Got Gold Report'

Submitted by cpowell on Sun, 2008-10-12 18:22 Section: Daily Dispatches

6:20p ET Sunday, October 12, 2008

Dear Friend of GATA and Gold:

In his "Got Gold Report" at Resource Investor tonight, Gene Arensberg reflects on the disparity between the paper and physical gold markets and the rise in holdings of the gold exchange-traded fund. Arensberg's report is headlined "Market Mayhem Continues, Silver Crushed," and you can find it here:

Read more about Gene Arensberg's 'Got Gold Report'

Adrian Douglas: Bond market collapse is imminent

Submitted by cpowell on Sun, 2008-10-12 17:55 Section: Daily Dispatches

5:49p ET Sunday, October 12, 2008

Dear Friend of GATA and Gold:

Read more about Adrian Douglas: Bond market collapse is imminent

Euro bloc plans to guarantee new bank debt

Submitted by cpowell on Sun, 2008-10-12 15:57 Section: Daily Dispatches

By Greg Keller
Associated Press
Sunday, October 12, 2008

http://news.yahoo.com/s/ap/20081012/ap_on_bi_ge/eu_europe_crisis_summit;...

PARIS -- Countries that use the euro will temporarily guarantee future bank debt to encourage lending and ease the credit crunch, according to a draft statement under discussion by European leaders Sunday.