You are here
Daily Dispatches
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:
Toronto exchange closed by computer failure
Submitted by cpowell on Wed, 2008-12-17 19:34 Section: Daily DispatchesBy John Kipphoff
Bloomberg News
Wednesday, December 17, 2008
http://www.bloomberg.com/apps/news?pid=20601082&sid=a15Rjc.jU0B8
TORONTO -- The Toronto Stock Exchange suffered a daylong trading disruption after a computer failure prevented quotes from being disseminated, causing the worst halt for a major market since September.
GATA shouts its way into Chapman's technical commentary
Submitted by cpowell on Wed, 2008-12-17 19:17 Section: Daily Dispatches7:19p ET Wednesday, December 17, 2008
Dear Friend of GATA and Gold:
David Chapman of Union Securities in Toronto takes note of GATA's noisemaking in his gold market technical commentary posted today, which you can find at GoldSeek here:
http://news.goldseek.com/UnionSecurities/1229533536.php
And at Gold-Eagle here:
John Kemp: Fed unleashes greatest bubble of all
Submitted by cpowell on Wed, 2008-12-17 19:01 Section: Daily DispatchesBy John Kemp
Reuters
Wednesday, December 17, 2008
http://blogs.reuters.com/great-debate/2008/12/17/fed-unleashes-greatest-...
Like the sorcerer's apprentice, Federal Reserve Chairman Ben Bernanke and his predecessor Alan Greenspan have unleashed a series of ever-larger asset bubbles they cannot control.
Pages
