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Daily Dispatches
China wants strong dollars ... at least while it spends them
Submitted by cpowell on Thu, 2007-11-22 11:40 Section: Daily DispatchesChina Wants Strong Dollar,
Central Bank Chief Says
From Xinhua News Agency
via China Daily, Beijing
Thursday, November 22, 2007
http://www.chinadaily.com.cn/china/2007-11/22/content_6272623.htm
JOHANNESBURG, South Africa -- Zhou Xiaochuan, China's central bank chief, has said that China supports a strong US dollar, putting weight behind the slumping currency.
Bank of England's financial stability chief wants rate cut
Submitted by cpowell on Thu, 2007-11-22 11:29 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Thursday, November 22, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=EWJQONSMADPRZQFIQ...
The Bank of England's financial stability chief has called for interest rates to be cut, amid fresh signs that the credit crunch is worsening and that the high street is already starting to suffer.
Bullion dealer to start gold trading on Internet in India
Submitted by cpowell on Wed, 2007-11-21 21:35 Section: Daily DispatchesBy Suresh P. Iyengar
The Hindu, Chennai, India
Wednesday, November 21, 2007
http://www.thehindubusinessline.com/2007/11/22/stories/2007112250311400.htm
MUMBAI, India -- RiddhiSiddhi Bullions Ltd (RSBL), one of the largest bullion dealers in India, is set to launch online bullion spot trading.
The Currency Manipulation Follies, Chapter Umpteen
Submitted by cpowell on Wed, 2007-11-21 21:22 Section: Daily DispatchesCentral Banks Weigh Up Dollar Problem
By Peter Garnham
Financial Times, London
Wednesday, November 21, 2007
http://www.ft.com/cms/s/0/29d41a2e-97d5-11dc-9e08-0000779fd2ac.html?ncli...
The sliding dollar has presented custodians of the world's massive foreign exchange reserves with a conundrum.
Dollar to fade, not fly, from scene as Gulf reforms
Submitted by cpowell on Wed, 2007-11-21 21:10 Section: Daily DispatchesBy Daliah Merzaban
Reuters
Wednesday, November 21, 2007
http://www.reuters.com/article/reutersEdge/idUSL2017049620071121?pageNum...
DUBAI -- Gulf exchange rate reforms would barely dent demand for dollars in six oil-producing states with $1.2 trillion in reserves but they would signal the U.S. currency's gradually diminishing importance to the region.
Glenn Beck's CNN interview with Liberty Dollar founder
Submitted by cpowell on Wed, 2007-11-21 20:56 Section: Daily Dispatches8:55p ET Wednesday, November 21, 2007
Dear Friend of GATA and Gold:
Last night's interview of Liberty Dollar founder Bernard von NotHaus by Glenn Beck on CNN has been posted at YouTube here:
http://www.youtube.com/watch?v=IvHhqr8OeFc
It's not quite four minutes long.
CNN has provided a tentative transcript of the interview and it is appended.
CHRIS POWELL, Secretary/Treasurer
Saudi Arabia may revalue to avoid split with neighbors over dollar
Submitted by cpowell on Wed, 2007-11-21 10:47 Section: Daily DispatchesBy Souhail Karam and Daliah Merzaban
Reuters
Tuesday, November 20, 2007
http://www.reuters.com/article/companyNewsAndPR/idUSL2032341320071120
Saudi Arabia may be considering its first revaluation in 21 years to help bridge a divide with oil-producing neighbours worried about pegs to the tumbling dollar, al-Riyadh newspaper reported on Tuesday.
Kudlow supports Liberty Dollar as NPR mocks feds over it
Submitted by cpowell on Tue, 2007-11-20 21:33 Section: Daily Dispatches9:30p ET Tuesday, November 20, 2007
Dear Friend of GATA and Gold:
CNBC's Kudlow interviews Liberty Dollar founder tonight
Submitted by cpowell on Tue, 2007-11-20 17:58 Section: Daily Dispatches5:52p ET Tuesday, November 20, 2007
Dear Friend of GATA and Gold:
Cable television network CNBC's "Kudlow & Co." program is reportedly going to interview Liberty Dollar founder Bernard von NotHaus tonight at 7 U.S. Eastern time.
Another true tale from the national security state
Submitted by cpowell on Tue, 2007-11-20 17:48 Section: Daily DispatchesThese are the people who "regulate" banks
and brokerage houses, make us undress at
the airport, and sell gold and silver
cheap and then try to confiscate it when
it's dear ....
* * *
Data on 25 Million Benefits Claimants Lost in Post
By Gordon Rayner and Andrew Porter
The Telegraph, London
Tuesday, November 20, 2007