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Daily Dispatches
Elizabeth MacDonald: Auto bailout saves Wall Street too
Submitted by cpowell on Fri, 2008-12-19 22:39 Section: Daily DispatchesBy Elizabeth MacDonald
Fox Business News, New York
Friday, December 19, 2008
http://emac.blogs.foxbusiness.com/2008/12/19/auto-bailout-saves-wall-str...
The White House today put forth a plan to loan the automakers a total of $17.4 billion, after a bruising debate in Congress and Detroit.
Join GATA at the Vancouver conference Jan. 25-26
Submitted by cpowell on Fri, 2008-12-19 22:13 Section: Daily Dispatches10:11p ET Friday, December 12, 2008
Dear Friend of GATA and Gold:
Thom Calandra: The only good money left is precious
Submitted by cpowell on Fri, 2008-12-19 20:12 Section: Daily Dispatches8:09p ET Friday, December 19, 2008
Dear Friend of GATA and Gold:
Thom Calandra's column tonight at Stockhouse examines backwardation in gold and silver, cites GATA, and speculates that the precious metals are becoming the last good money. Calandra's column is headlined "Only Good Money Left Is Precious" and you can find it at Stockhouse here:
GATA Chairman Murphy reports on meeting with CFTC
Submitted by cpowell on Thu, 2008-12-18 17:31 Section: Daily DispatchesBy Bill Murphy, Chairman
Gold Anti-Trust Action Committee Inc.
Thursday, December 18, 2008
About 45 minutes before I was to leave for my meeting with Commissioner Bart Chilton of the U.S. Commodity Futures Trading Commission, this news hit the tape:
"Obama to appoint Gary Gensler to lead Commodities Futures Trading Commission -- AP."
Richard Benson: U.S. govt. may grab your gold if you're not careful
Submitted by cpowell on Thu, 2008-12-18 16:46 Section: Daily Dispatches4:45p ET Thursday, December 18, 2008
Dear Friend of GATA and Gold:
Antal Fekete: Backward thinking on backwardation
Submitted by cpowell on Thu, 2008-12-18 16:33 Section: Daily Dispatches4:30p ET Thursday, December 18, 2008
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Battling debt and deflation, Fed damned either way
Submitted by cpowell on Thu, 2008-12-18 15:59 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, December 18, 2008
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/383410...
Fed loans are guided by raters who touted subprime debt
Submitted by cpowell on Thu, 2008-12-18 11:19 Section: Daily DispatchesBy Alison Fitzgerald
Bloomberg News
Thursday, December 18, 2008
http://www.bloomberg.com/apps/news?pid=20601109&sid=af32G4ayfLQY&refer=home
Federal Reserve Chairman Ben S. Bernanke is basing hundreds of billions in emergency lending on credit ratings from companies that gave AAA grades to toxic securities.
Devaluations continue as Japan prepares to sell yen
Submitted by cpowell on Thu, 2008-12-18 00:19 Section: Daily DispatchesBy Stanley White
Bloomberg News
Thursday, December 18, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=ar3TlpiLIzqY&refer=home
TOKYO -- The yen fell from near a 13-year high against the dollar after Japanese Finance Minister Shoichi Nakagawa signaled the nation is ready to sell the currency.
Thom Calandra: Tipping point as gold virus spreads
Submitted by cpowell on Wed, 2008-12-17 19:45 Section: Daily Dispatches7:45p ET Wednesday, December 17, 2008
Dear Friend of GATA and Gold:
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