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Daily Dispatches
Dollar's decline hasn't shaken Arab central bankers yet
Submitted by cpowell on Mon, 2008-03-31 21:21 Section: Daily DispatchesBy Matthew Brown
Bloomberg News Service
Monday, March 31, 2008
http://www.bloomberg.com/apps/news?pid=20601109&sid=auiN1nCBZano&refer=home
DUBAI -- Central bankers in the Middle East are proving that the U.S. dollar's decline to record lows is a small price to pay for the loyalty -- and oil money -- of their biggest Western ally.
Dollar can be weak, strong at same time, ex-Treasury official ... er, explains
Submitted by cpowell on Mon, 2008-03-31 21:11 Section: Daily DispatchesBy Susan Fenton
Reuters
Monday, March 31, 2008
http://in.reuters.com/article/asiaCompanyAndMarkets/idINHKG3018120080331
HONG KONG -- The dollar is likely to remain under pressure for the next few months at least, but its weakness is not inconsistent with the Bush administration's strong dollar policy, former U.S. Treasury undersecretary Tim Adams said on Monday.
Central bank currency riggers buy dollars sold by central bank investment arms
Submitted by cpowell on Mon, 2008-03-31 21:02 Section: Daily DispatchesBy Gertrude Chavez-Dreyfuss
Reuters
Monday, March 31, 2008
http://in.reuters.com/article/asiaCompanyAndMarkets/idINN314161642008033...
NEW YORK -- Global central banks' currency reserves rose at the end of the fourth quarter, while the dollar's share of these holdings edged up despite claims of steady diversification away from dollar assets.
Peter Brimelow: Indians buying up gold supplied by Fed?
Submitted by cpowell on Mon, 2008-03-31 07:48 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, March 31, 2008
http://www.marketwatch.com/news/story/story.aspx?guid=%7B958CF2D3%2D8E04...
NEW YORK -- The gold bugs are coming out of their holes again.
When I last wrote on gold, the metal was challenging $1,000, a level which was passed that day.
Fed eyes Nordic-style nationalization of U.S. banks
Submitted by cpowell on Mon, 2008-03-31 00:39 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, March 31, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/31/cnfed1...
The US Federal Reserve is examining the Nordic bank nationalisations of the 1990s as a possible interim solution to the US financial crisis.
'Trillion-Dollar Meltdown' paints scary economic picture
Submitted by cpowell on Sun, 2008-03-30 20:27 Section: Daily DispatchesBy Kerry Hannon
USA Today, McLean, Virginia
Sunday, March 30, 2008
http://www.usatoday.com/money/books/reviews/2008-03-30-trillion-dollar-m...
Deepcaster letter: Defeating the cartel ... with profit
Submitted by cpowell on Sun, 2008-03-30 13:08 Section: Daily Dispatches1p ET Sunday, March 30, 2008
Dear Friend of GATA and Gold:
The latest Deepcaster letter not only acknowledges surreptitious government intervention in the precious metals and commodities markets but offers a plan for making money from it. It's posted at GoldSeek under the headline "Defeating the Cartel ... with Profit," and you can find it here:
European Central Bank keeps pumping into banks
Submitted by cpowell on Sat, 2008-03-29 13:00 Section: Daily DispatchesECB Takes New Steps to Ease Markets
By Ralph Atkins
Financial Times, London
Friday, March 28, 2008
http://www.ft.com/cms/s/0/d730fcfc-fd04-11dc-961e-000077b07658.html?ncli...
German Finance Ministry denies wanting to sell gold
Submitted by cpowell on Sat, 2008-03-29 11:19 Section: Daily DispatchesBy Iain Rogers
Reuters
Saturday, March 29, 2008
http://www.reuters.com/article/businessNews/idUSL2911176020080329
BERLIN -- Germany's Finance Ministry said today a magazine report that the government wants the Bundesbank to sell some of its gold reserves to help ease pressure on the federal budget was untrue.
Fed may not want its cash loans back any more than governments want their gold loans back
Submitted by cpowell on Sat, 2008-03-29 02:16 Section: Daily Dispatches2a ET Saturday, March 29, 2008
Dear Friend of GATA and Gold:
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