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Daily Dispatches
Bank borrowing from ECB is out of control
Submitted by cpowell on Thu, 2008-08-21 13:11 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, August 21, 2008
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/mone...
The European Central Bank has issued the clearest warning to date that it cannot serve as a perpetual crutch for lenders caught off-guard by the severity of the credit crunch.
American Eagle gold coins sold out after spree
Submitted by cpowell on Thu, 2008-08-21 12:44 Section: Daily DispatchesBy Frank Tang
Reuters
Thursday, August 21, 2008
http://www.reuters.com/article/ousivMolt/idUSN2140103820080821
NEW YORK -- A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
Wall Street Journal reports gold coin shortage, cites GATA
Submitted by cpowell on Thu, 2008-08-21 12:21 Section: Daily Dispatches12:15p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
U.S. food prices seen rising most since 1990
Submitted by cpowell on Wed, 2008-08-20 21:01 Section: Daily DispatchesBy Christopher Doering
Reuters
Wednesday, August 20, 2008
http://www.reuters.com/article/newsOne/idUSN2045630520080820
WASHINGTON -- U.S. consumers should brace for the biggest increase in food prices in nearly 20 years in 2008 and even more pain next year due to surging meat and produce prices, the Agriculture Department said on Wednesday.
Jason Hommel: Silver has run out -- now
Submitted by cpowell on Wed, 2008-08-20 17:52 Section: Daily DispatchesBy Jason Hommel
Silver Stock Report
Wednesday, August 20, 2008
http://silverstockreport.com/2008/out.html
For a long time, people have been asking me: When will silver run out?
Investors expecting wipeout for Fannie and Freddie
Submitted by cpowell on Wed, 2008-08-20 17:39 Section: Daily DispatchesFannie and Freddie Shares Plummet
By Stephen Bernard and Alan Zibel
Associated Press
via Yahoo News
Wednesday, August 20, 2008
http://news.yahoo.com/s/ap/20080820/ap_on_bi_ge/mortgage_giants_crisis;_...
NEW YORK -- Investors are betting that time is running out for Fannie Mae and Freddie Mac.
Is gold demand soaring or plunging?
Submitted by cpowell on Tue, 2008-08-19 15:39 Section: Daily Dispatches3:30p ET Tuesday, August 19, 2008
Dear Friend of GATA and Gold:
CMRE's October meeting examines the financial crisis
Submitted by cpowell on Tue, 2008-08-19 00:07 Section: Daily Dispatches12:03a ET Tuesday, August 19, 2008
Dear Friend of GATA and Gold:
For its annual fall dinner meeting, to be held in New York City on Thursday, October 16, the Committee for Monetary Research and Education will be asking the not-so-musical question:
Is this the epicenter of the biggest financial crisis in history?
Sharp contraction in money supply points to Wall Street crunch
Submitted by cpowell on Mon, 2008-08-18 21:23 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, August 19, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/19/cnusec...
The US money supply has experienced the sharpest contraction in modern history, heightening the risk of a Wall Street crunch and a severe economic slowdown in coming months.
David Bond: Let's be Hunts
Submitted by cpowell on Mon, 2008-08-18 21:12 Section: Daily Dispatches9:07p ET Monday, August 18, 2008
Dear Friend of GATA and Gold:
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