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Daily Dispatches
Fed official admits inflation figures are phony
Submitted by cpowell on Thu, 2008-07-03 23:15 Section: Daily DispatchesFed's Bullard Says Bank's Credibility on the Line
By Ros Krasny
Reuters
Thursday, July 3, 2008
http://www.reuters.com/article/bondsNews/idUSN0332437420080703
CHICAGO -- The Federal Reserve's use of core inflation measures is harming its credibility, the new president of the St. Louis Fed wrote in an editorial released on Thursday.
David Brooks: Total control of U.S. in sight for Goldman Sachs
Submitted by cpowell on Tue, 2008-07-01 22:26 Section: Daily DispatchesObama's Money Class
By David Brooks
The New York Times
Tuesday, July 1, 2008
http://www.nytimes.com/2008/07/01/opinion/01brooks.html?_r=1&hp&o
ECB is done selling gold through September
Submitted by cpowell on Tue, 2008-07-01 10:50 Section: Daily DispatchesFrom Agence France-Press
via Yahoo News
Tuesday, July 1, 2008
http://news.yahoo.com/s/afp/20080701/bs_afp/ecbbankgold_080701071415
FRANKFURT, Germany -- The European Central Bank said Tuesday that it had recently sold 30 tonnes of gold, on top of 42 tonnes sold in late 2007 under a central bank agreement.
John Embry: Gold will recover stronger and faster than ever
Submitted by cpowell on Mon, 2008-06-30 22:34 Section: Daily Dispatches10:30p ET Monday, June 30, 2008
Dear Friend of GATA and Gold:
BIS seeks higher world interest rates
Submitted by cpowell on Mon, 2008-06-30 14:30 Section: Daily DispatchesBy Chris Giles
Financial Times, London
Monday, June 30, 2008
http://www.ft.com/cms/s/0/f6cd0278-46c3-11dd-876a-0000779fd2ac.html
Global inflation is a "clear and present threat" to a world economy that needs higher interest rates and a new framework to deal with future credit and asset bubbles, the Bank for International Settlements said on Monday.
Peter Brimelow: Fed's flinch galvanizes gold
Submitted by cpowell on Mon, 2008-06-30 01:28 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Sunday, June 29, 2008
http://www.marketwatch.com/news/story/feds-flinch-galvanizes-gold/story....
The Fed flinch galvanizes gold, and the gold bugs think victory is at hand.
IMF undertakes audit of U.S. financial system
Submitted by cpowell on Sun, 2008-06-29 22:59 Section: Daily DispatchesBy Gabor Steingart
Der Spiegel, Hamburg, Germany
Thursday, June 26, 2008
http://www.spiegel.de/international/world/0,1518,562291,00.html
Miners to strike major producers in Peru
Submitted by cpowell on Sun, 2008-06-29 18:14 Section: Daily DispatchesBy Jean Luis Arce
Reuters
Sunday, June 29, 2008
http://www.reuters.com/article/businessNews/idUSN2934545820080629
LIMA, Peru -- Miners in Peru, the world's leading silver producer and second-largest copper and zinc miner, were readying a strike for midnight on Sunday that will see walkouts at the country's leading pits.
Asian nations may buy shares to aid sagging markets
Submitted by cpowell on Sun, 2008-06-29 17:44 Section: Daily DispatchesBy Andrew Wood, Kathrin Hille, and Farhan Bokhari
Financial Times, London
Sunday, June 29, 2008
http://www.ft.com/cms/s/0/f0e5ac24-4606-11dd-9009-0000779fd2ac.html
Max Keiser and Frank Holmes talk about gold on Internet TV
Submitted by cpowell on Sun, 2008-06-29 12:58 Section: Daily Dispatches12:55p ET Sunday, June 29, 2008
Dear Friend of GATA and Gold:
Two of GATA's favorite people have turned up on Internet television in the last few hours to talk about gold.
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