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Daily Dispatches
Peter Brimelow: Radical gold bugs gloating but guarded
Submitted by cpowell on Mon, 2008-09-22 01:43 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, September 22, 2008
http://www.marketwatch.com/news/story/peter-brimelow-radical-gold-bugs/s...
NEW YORK -- Radical Goldbugs 1, Financial Establishment 0. However this game ends, the bugs are looking better right now.
Treasury now ready to buy any bad debt, not just mortgages
Submitted by cpowell on Sun, 2008-09-21 22:28 Section: Daily DispatchesU.S. Treasury Widens Plan to Buy Bad Debt
By Dawn Kopecki
Bloomberg News
Sunday, November 21, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aYXtwpG9mw9g&refer=home
WASHINGTON -- The Bush administration widened the scope of its $700 billion plan to avert a financial meltdown by including assets other than mortgage-related securities.
Goldman, Morgan Stanley change status to get new Fed loans
Submitted by cpowell on Sun, 2008-09-21 22:21 Section: Daily DispatchesThey too must be in big trouble.
* * *
Last Major Investment Banks Change Status
By Martin Crutsinger
Associated Press
via Yahoo News
Sunday, September 21, 2008
Treasury's power grab begins to worry Congress
Submitted by cpowell on Sun, 2008-09-21 21:19 Section: Daily DispatchesFew Limits Proposed for Treasury
Draft Rescue Bill Bars Court Review, Riling Lawmakers
By Jess Bravin
The Wall Street Journal
Monday, September 22, 2008
http://online.wsj.com/article/SB122204156493561237.html?mod=article-outs...
Dollar may get 'crushed' as traders weigh bailout
Submitted by cpowell on Sun, 2008-09-21 21:09 Section: Daily DispatchesBy Bo Nielsen and Anchalee Worrachate
Bloomberg News
Monday, September 22, 2008
http://www.bloomberg.com/apps/news?pid=20601101&sid=arSYa87HCb9U
U.S. Treasury Secretary Henry Paulson's plan to end the rout in U.S. financial markets may derail the dollar's three-month rally as investors weigh the costs of the rescue.
Clive Maund: Bailout will be inflationary, great for precious metals
Submitted by cpowell on Sun, 2008-09-21 13:56 Section: Daily Dispatches1:55p ET Sunday, September 21, 2008
Dear Friend of GATA and Gold:
Economists becoming skeptical of bailout plan
Submitted by cpowell on Sun, 2008-09-21 12:49 Section: Daily DispatchesBy Avi Zenilman
Politico, Arlington, Virginia
Sunday, September 21, 2008
Almost Armageddon: Market was 500 trades from a meltdown
Submitted by cpowell on Sun, 2008-09-21 12:14 Section: Daily DispatchesBy Michael Gray
New York Post
Sunday, September 21, 2008
http://www.nypost.com/seven/09212008/business/almost_armageddon_130110.htm
The market was 500 trades away from Armageddon on Thursday, traders inside two large custodial banks tell the Post.
Gene Arensberg: Gold, silver ETFs add metal on strong buying
Submitted by cpowell on Sun, 2008-09-21 03:10 Section: Daily Dispatches3:06a ET Sunday, September 21, 2008
Dear Friend of GATA and Gold (and Silver):
Indian women know that gold will never cheat them
Submitted by cpowell on Sun, 2008-09-21 03:02 Section: Daily DispatchesIndia's Love Affair with Gold Keeps Going Despite Volatile Prices
From Agence France-Presse
via Google News
Sunday, September 21, 2008
http://afp.google.com/article/ALeqM5gi5ompzS6gvnSuskAasuJTsO_5sQ
NEW DELHI -- Pushpa Bhatia is in a dilemma as she scans the glittering gold offerings laid out on a showcase at a fancy jewellery store in the Indian capital.
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