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Daily Dispatches
As costs rise, inflation's next front is retailers
Submitted by cpowell on Sun, 2008-07-27 21:10 Section: Daily DispatchesBy Ellen Simon
Associated Press
via Yahoo News
Sunday, July 27, 2008
http://news.yahoo.com/s/ap/20080727/ap_on_re_us/inflation_forecast;_ylt=...
NEW YORK -- Coming to a store near you: Even higher prices.
British Treasury planning huge rescue for mortgage lenders
Submitted by cpowell on Sun, 2008-07-27 11:27 Section: Daily DispatchesTreasury Plan to Rescue Mortgage Lenders
By Edmund Conway
The Telegraph, London
Sunday, July 27, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/07/27/cnplan...
The Treasury is preparing a radical rescue plan for the housing market which may involve pumping billions of pounds into the stricken mortgage markets.
Is central banking inevitably deceitful, corrupt, and grafting?
Submitted by cpowell on Sat, 2008-07-26 10:25 Section: Daily Dispatches10a ET Saturday, July 26, 2008
Dear Friend of GATA and Gold:
Gold options point to $1,200
Submitted by cpowell on Fri, 2008-07-25 12:55 Section: Daily DispatchesBy Frank Tang
Reuters
Friday, July 25, 2008
http://www.reuters.com/article/hotStocksNews/idUSN2535920220080725
NEW YORK -- Heavy bets in deep out-of-the-money calls and other bullish plays in the gold options market indicate that bullion has a shot at rallying to an all-time peak of $1,200 an ounce by the end of the year.
Jim Willie: U.S. central banking is now just ruthless patronage
Submitted by cpowell on Thu, 2008-07-24 22:49 Section: Daily Dispatches10:45p ET Thursday, July 24, 2008
Dear Friend of GATA and Gold:
Market analyst Jim Willie's latest letter, "Gold Ambush Tactics and Potpourri" has some intemperate language, but it is an important elaboration on a point your secretary/treasurer has been trying to make for some time about what central banking has become, particularly in the United States. That is:
Max Keiser: The Black-Scholes atomic debt bomb and 7 predictions
Submitted by cpowell on Thu, 2008-07-24 17:37 Section: Daily Dispatches5:30p ET Thursday, July 24, 2008
Dear Friend of GATA and Gold:
Foreign treasuries just starting to notice U.S. debt catastrophe
Submitted by cpowell on Thu, 2008-07-24 17:25 Section: Daily DispatchesSteps Taken to Calm Investor Fears Over Agency Debt
By Jamil Anderlini, Charles Clover, Krishna Guha, Kathrin Hille, Song Jung-a, Michiyo Nakamoto, James Politi, Saskia Scholtes, and Henny Sender
Financial Times, London
Thursday, July 24, 2008
http://www.ft.com/cms/s/0/1abb233e-5918-11dd-a093-000077b07658.html
Hey, CFTC, ever hear of gold, silver, and JPMorganChase?
Submitted by cpowell on Thu, 2008-07-24 16:27 Section: Daily DispatchesThis enforcement action isn't even chicken feed -- allegedly only a million dollars in improper profits. The billions stolen by manipulation in the gold and silver markets, while fully reported to the CFTC, remain unnoticed officially.
* * *
Fund Accused of Manipulating Oil Price
By Joanna Chung
Financial Times, London
Thursday, July 24, 2008
You want gold with that?
Submitted by cpowell on Thu, 2008-07-24 10:19 Section: Daily DispatchesChanges Ahead for McDonald's Dollar Menu
By Mike Hughlett
Chicago Tribune
Thursday, July 24, 2008
http://www.chicagotribune.com/business/chi-thu-mcdonalds-earnings-jul24,...
McDonald's Corp. blew past Wall Street's profit expectations and posted a strong second quarter Wednesday, despite weak consumer confidence and soaring commodity costs.
Ron Paul discloses housing bailout bill's money and power grab
Submitted by cpowell on Thu, 2008-07-24 02:21 Section: Daily Dispatches2:11a ET Thursday, July 24, 2008
Dear Friend of GATA and Gold:
In a videotaped statement Wednesday, U.S. Rep. Ron Paul, R-Texas, disclosed some shocking details of the housing bailout legislation being rushed through Congress:
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