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Daily Dispatches
Take delivery from the futures exchanges
Submitted by cpowell on Mon, 2008-10-13 12:18 Section: Daily Dispatches12:14p ET Monday, October 13, 2008
Dear Friend of GATA and Gold:
Business Day cites GATA; and any GATA fans in Florida?
Submitted by cpowell on Mon, 2008-10-13 11:40 Section: Daily Dispatches11:41a 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
Infinite dollars and more interest rate cuts on the way
Submitted by cpowell on Mon, 2008-10-13 08:53 Section: Daily DispatchesCentral 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
U.S. national debt clock runs out of digits
Submitted by cpowell on Sun, 2008-10-12 21:12 Section: Daily DispatchesBy 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.
ECB looks for ways to lend against commercial paper
Submitted by cpowell on Sun, 2008-10-12 20:14 Section: Daily DispatchesBy 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.
Gene Arensberg's 'Got Gold Report'
Submitted by cpowell on Sun, 2008-10-12 18:22 Section: Daily Dispatches6:20p 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:
Adrian Douglas: Bond market collapse is imminent
Submitted by cpowell on Sun, 2008-10-12 17:55 Section: Daily Dispatches5:49p ET Sunday, October 12, 2008
Dear Friend of GATA and Gold:
Euro bloc plans to guarantee new bank debt
Submitted by cpowell on Sun, 2008-10-12 15:57 Section: Daily DispatchesBy 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.
Let's hope that Paulson is a rare coin collector too
Submitted by cpowell on Sun, 2008-10-12 12:50 Section: Daily DispatchesRare Gold Coin to Be on Display at Old Mint
By The Associated Press
via KATC-TV, Lafayette, Louisiana
Sunday, October 12, 2008
http://www.katc.com/Global/story.asp?S=9165853
NEW ORLEANS -- Talk about an investment in gold. This one is insured for $2.5 million, although it contains only a half-ounce of the precious metal.
Fat Prophets: Gold -- the last carry trade
Submitted by cpowell on Sun, 2008-10-12 11:54 Section: Daily Dispatches11:54a ET Sunday, October 12, 2008
Dear Friend of GATA and Gold: