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Daily Dispatches
President convenes Plunge Protection Team on Monday
Submitted by cpowell on Sat, 2008-03-15 12:57 Section: Daily DispatchesBush to Meet with
Financial Policymakers
By James Vicini and Tim Ahmann
Reuters
Saturday, March 15, 2008
http://www.reuters.com/article/ousiv/idUSN1546284420080315
WASHINGTON -- President George W. Bush plans to meet on Monday with top U.S. financial policymakers, the White House said, with the meeting coming at a time of increased strains in credit markets.
James Turk: The other reason to own gold
Submitted by cpowell on Sat, 2008-03-15 02:19 Section: Daily Dispatches2:14a ET Saturday, March 15, 2008
Dear Friend of GATA and Gold:
Fed, not Morgan Chase, bears risk of Bear Stearns bailout
Submitted by cpowell on Sat, 2008-03-15 00:39 Section: Daily DispatchesFed Races to Rescue Bear Stearns
In Bid to Steady Financial System
Storied Firm Sees
Stock Plunge 47%;
J.P. Morgan Steps In
By Kate Kelly, Greg Ip, and Robin Sidel
The Wall Street Journal
Saturday, March 15, 2008
http://online.wsj.com/article/SB120550108028136579.html?mod=yahoo_hs&ru
Goldman expects 'explosive' commodities, oil rising to $175
Submitted by cpowell on Fri, 2008-03-14 11:44 Section: Daily DispatchesBy Claudia Carpenter and Alexander Kwiatkowski
Bloomberg News Service
Friday, March 14, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aUmQ3MBOkx_0
Commodities may have "explosive rallies" in the next couple of years, with crude oil rising to $175 a barrel, according to Goldman Sachs Group Inc.
Fed bails out Bear Stearns as stocks plunge
Submitted by cpowell on Fri, 2008-03-14 11:08 Section: Daily DispatchesFed Pledges to Supply Cash
By Martin Crutsinger
Associated Press
via Yahoo News
Friday, March 14, 2008
http://news.yahoo.com/s/ap/20080314/ap_on_bi_ge/fed_credit_crisis;_ylt=A...
David Morgan: Nothing beats gold and silver in hand
Submitted by cpowell on Thu, 2008-03-13 22:11 Section: Daily Dispatches10:03p ET Thursday, March 13, 2008
Dear Friend of GATA and Gold:
Two financial houses are expecting currency intervention
Submitted by cpowell on Thu, 2008-03-13 21:57 Section: Daily DispatchesOr should that read 'praying for' intervention?
... As if the central banks haven't been
intervening in the markets every day for
years now!
* * *
By John Fraher and Simon Kennedy
Bloomberg News Service
Thursday, March 13, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOg5ATtR4yto&refer=home
At least there's SOMETHING in Ethiopia's gold vault
Submitted by cpowell on Thu, 2008-03-13 21:46 Section: Daily DispatchesWhat's in yours, Secretary Paulson?
* * *
By Elizabeth Blunt
British Broadcasting Corp.
Thursday, March 13, 2008
http://news.bbc.co.uk/2/hi/africa/7294665.stm
ADDIS ABABA -- Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.
ECB urged to rig currency market, just like gold market
Submitted by cpowell on Thu, 2008-03-13 16:37 Section: Daily DispatchesTime for the ECB to Start Buying Dollars
By Lionel Laurent
Forbes magazine
Thursday, March 13, 2008
http://www.forbes.com/2008/03/13/bofinger-dollar-euro-face-markets-cx_ll...
Germany remains unlikely to sell gold reserves
Submitted by cpowell on Wed, 2008-03-12 15:30 Section: Daily DispatchesBy Krista Hughes
Reuters
via The Guardian, London
Tuesday, March 11, 2008
http://www.guardian.co.uk/feedarticle?id=7375180
FRANKFURT -- Germany's Bundesbank will probably hold on to the vast bulk of its gold reserves in the next year of the central bank gold agreement, beginning in September, central bank president Axel Weber said on Tuesday.
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