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Daily Dispatches
Credit insurance obligations cloud bailout of Freddie, Fannie
Submitted by cpowell on Mon, 2008-08-25 23:40 Section: Daily DispatchesWhat Will Mac 'n' Mae Cost You and Me?
By Gretchen Morgenson
The New York Times
Sunday, August 24, 2008
http://www.nytimes.com/2008/08/24/business/24gret.html?_r=1&ref=business&o
China warns U.S. against failure of Fannie, Freddie
Submitted by cpowell on Mon, 2008-08-25 23:24 Section: Daily DispatchesFannie, Freddie Failure Would Be World 'Catastrophe'
By Kevin Hamlin
Bloomberg News Service
Friday, August 22, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aslo2E01QVFI
BEIJING -- A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China's central bank.
Rob Kirby: Only a central bank could be shorting gold that much
Submitted by cpowell on Mon, 2008-08-25 23:05 Section: Daily Dispatches11p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
John Lee on gold coin rationing: Where there's smoke, there's fire
Submitted by cpowell on Mon, 2008-08-25 22:50 Section: Daily Dispatches10:45p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
Reflecting tonight on the U.S. Mint's rationing of gold eagle coins, John Lee of Mau Capital Management writes:
Mint elaborates on gold coin rationing amid huge demand
Submitted by cpowell on Mon, 2008-08-25 15:28 Section: Daily DispatchesU.S. Mint Resumes Gold Coin Orders on Limited Basis
By Frank Tang
Reuters
Monday, August 25, 2008
http://www.reuters.com/article/businessNews/idUSN2539668920080825
NEW YORK -- The U.S. Mint said it must allocate the American Eagle bullion coins among dealers to cope with overwhelming demand as it resumed taking orders for the popular coins on Monday.
James West: Where's the gold?
Submitted by cpowell on Mon, 2008-08-25 13:53 Section: Daily Dispatches1:53p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
James West, publisher and editor of The Midas Letter, remarks on the growing dichotomy between the futures and physical markets for gold, and on GATA's work pointing it out, in his new essay, "Where's the Gold?," which can be found at The Midas Letter's Internet site here:
Gene Arensberg: Silver sucker-punched by two U.S. banks
Submitted by cpowell on Mon, 2008-08-25 10:53 Section: Daily Dispatches10:48a ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
A new summary of GATA's work and outlook
Submitted by cpowell on Sun, 2008-08-24 10:41 Section: Daily Dispatches10:40a ET Sunday, August 24, 2008
Dear Friend of GATA and Gold:
A new summary of GATA's work and the organization's outlook toward the world financial system, written by your secretary/treasurer, has been posted in the "Essays" section of GATA's Internet site. It may be of some interest to people who have come upon the gold price manipulation issue only recently. You can find it here:
Bailout aid for Wall Street questioned at Fed event
Submitted by cpowell on Sat, 2008-08-23 15:08 Section: Daily DispatchesBy Jeannine Aversa
Associated Press
via Yahoo News
Saturday, August 23, 2008
http://news.yahoo.com/s/ap/20080823/ap_on_bi_ge/bailout_wrong_signal;_yl...
Washington Post exposes CFTC's failure amid market concentration
Submitted by cpowell on Sat, 2008-08-23 14:41 Section: Daily Dispatches2:38p ET Saturday, August 23, 2008
Dear Friend of GATA and Gold:
The Washington Post story appended here is important for a couple of reasons.