You are here
Daily Dispatches
Beijing, Riyadh will call shots on ailing dollar
Submitted by cpowell on Sun, 2008-05-11 00:30 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Sunday, May 11, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/11/ccecon...
Only a month ago the dollar slumped to an all-time low against the euro. And it's just five weeks since the greenback hit a 12-year low against the yen.
If you believe central banks, currency market management is just rhetoric
Submitted by cpowell on Sat, 2008-05-10 12:53 Section: Daily DispatchesPaulson, Trichet Welcome Dollar's Recovery Since G-7
By John Brinsley and Christopher Anstey
Bloomberg News Service
Saturday, May 10, 2008
http://www.bloomberg.com/apps/news?pid=20601080&sid=aIwAaryrPsUQ
WASHINGTON -- U.S. and European officials signaled satisfaction that the dollar is stabilizing after Group of Seven policy makers expressed concern a month ago about its decline.
Al Korelin interviews GATA's Ed Steer
Submitted by cpowell on Sat, 2008-05-10 12:30 Section: Daily Dispatches12:27a ET Saturday, May 10, 2008
Dear Friend of GATA and Gold:
Al Korelin of the Korelin Economic Report yesterday interviewed GATA board member Ed Steer, an analyst for Casey Research, about the week's anomalous developments in the gold and silver market. You can listen to the interview here:
http://www.kereport.com/DailyRadio/Daily050908-1.mp3
CHRIS POWELL, Secretary/Treasurer
Financial Times admits currency market intervention via its own pages -- and invites more
Submitted by cpowell on Fri, 2008-05-09 21:25 Section: Daily Dispatches9:18p ET Friday, May 9, 2008
Dear Friend of GATA and Gold:
Citing copper and zinc costs, House votes for return of steel penny
Submitted by cpowell on Fri, 2008-05-09 11:56 Section: Daily DispatchesBy Brian Faler
Bloomberg News Service
Thursday, May 8, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aawSYGeCapwM
WASHINGTON -- The U.S. House has voted to bring back the steel penny, saying it would be cheaper than the current practice in which the government loses money on every penny it makes because of rising metal prices.
IMF worries that commodities may not be a bubble
Submitted by cpowell on Thu, 2008-05-08 23:55 Section: Daily DispatchesIMF Warns on Global Inflation
By Krishna Guha, Javier Blas,
Chris Giles, and Ralph Atkins
Financial Times, London
Thursday, May 8, 2008
http://www.ft.com/cms/s/0/f30215fc-1d3d-11dd-82ae-000077b07658.html
Nameless central bankers try talking dollar back up via FT
Submitted by cpowell on Thu, 2008-05-08 00:22 Section: Daily Dispatches12:18a ET Thursday, May 8, 2008
Dear Friend of GATA and Gold:
Vince Byfield: Why is Canada's mint doubling its gold and silver debts?
Submitted by cpowell on Wed, 2008-05-07 11:05 Section: Daily Dispatches11a ET Wednesday, May 7, 2008
Dear Friend of GATA and Gold:
AngloGold to reduce hedge book by 45%
Submitted by cpowell on Wed, 2008-05-07 02:07 Section: Daily DispatchesBy Jon A. Nones
Resource Investor
Wednesday, May 6, 2008
New CEO Mark Cutifani is not all talk. After months of openly expressing his distaste for AngloGold's massive gold hedge book, he announced plans during the company's quarterly results presentation on Tuesday to sell $1.6 billion worth of shares to cut the company's hedge book down by about 45%. ...
* * *
For the full story:
Is IMF trying to recover its gold by pretending to sell it?
Submitted by cpowell on Wed, 2008-05-07 01:08 Section: Daily Dispatches1a ET Wednesday, May 7, 2008
Dear Friend of GATA and Gold:
Pages
