You are here

Daily Dispatches

Worldwide interest rate cuts on the way?

Section: Daily Dispatches

No doubt with corresponding central bank intervention against the price of gold.

* * *

Fed May Need to Dip Into Toolbox Further as Congress Scrambles

By Scott Lanman and Steve Matthews
Bloomberg News
Tuesday, September 20, 2008

http://www.bloomberg.com/apps/news?pid=20601110&sid=aWt_BBW6ddl0

Fed, other central banks offer billions more in loans

Section: Daily Dispatches

To view the illustration for this story:

http://eos.gata.org/files/MannaFromBernanke.jpg

* * *

By Jeannine Aversa
Associated Press
via Yahoo News
Monday, September 29, 2008

http://news.yahoo.com/s/ap/20080929/ap_on_bi_ge/fed_credit_crisis;_ylt=A...

GATA, Goldmau co-sponsor reception at Toronto conference Saturday

Section: Daily Dispatches

11:45p ET Monday, September 29, 2008

Dear Friend of GATA and Gold:

The Gold Anti-Trust Action Committee and John Lee of Goldmau.com and Mau Capital Management will co-sponsor a reception with complimentary cocktails and appetizers during Cambridge House's Toronto Resource Investment Conference this weekend, and you're invited.

Banking crash hits Europe as ECB loses traction

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, September 29, 2008

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3104666...

Gene Arensberg: Gold, silver demand white-hot

Section: Daily Dispatches

11:35p ET Monday, September 29, 2008

Dear Friend of GATA and Gold:

Gene Arensberg's new "Got Gold Report" at Resource Investor contends that the physical and exchange-traded fund markets for gold and silver are sending a message to the futures market, where "panic" drove prices too low. Arensberg's report is headlined "Gold, Silver Demand White-Hot" and you can find it here:

Market letter from Gold & Silver Investments Ltd. in Dublin

Section: Daily Dispatches

11:30p ET Monday, September 29, 2008

Dear Friend of GATA and Gold:

This afternoon's events have somewhat overtaken today's market letter from Mark O'Byrne of Gold & Silver Investments Ltd. in Dublin, but it summarizes well the circumstances developing in gold's favor. You can find it here:

http://www.goldassets.co.uk/articles/Gold_Investments_Market_Update.html

Germany, Switzerland are done selling gold

Section: Daily Dispatches

Germany's Bundesbank to Keep Its Gold Reserves

From Reuters
via The Guardian, London
Monday, September 29, 2008

http://www.guardian.co.uk/business/feedarticle/7836677

FRANKFURT, Germany -- Germany's Bundesbank will hold on to the vast bulk of its gold reserves in the next 12 months, the central bank said on Monday.

Ted Butler: Meet the new boss, same as the old boss?

Section: Daily Dispatches

4:20p ET Monday, September 29, 2008

Dear Friend of GATA and Gold:

MiningMX takes note of GATA's work

Section: Daily Dispatches

4p ET Monday, September 29, 2008

Dear Friend of GATA and Gold:

MiningMX takes note of GATA's work in a report filed by Allan Seccombe, "So Why Isn't the Gold Price Running?," here:

http://www.miningmx.com/gold_silver/771756.htm

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Join GATA here:

Toronto Resource Investment Conference

Private banks rethinking gold, could be next big buyers

Section: Daily Dispatches

By Jonathan Leff
Reuters
Monday, September 29, 2008

http://in.reuters.com/article/businessNews/idINIndia-35707320080929

KYOTO, Japan -- Private banks could be the next big buyers in the global gold market, helping drive prices higher as they consider restocking bullion bars that were sold off in calmer times, the top HSBC gold trader said on Monday.

Pages