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Daily Dispatches
Ailing GE 'enhanced' cash fund breaks the buck
Submitted by cpowell on Wed, 2007-11-14 21:43 Section: Daily DispatchesMortgage Woes Damage a GE Bond Fund
By Andrew Bary
Barrons.com
Wednesday, November 14, 2007
http://online.barrons.com/article/SB119499399633791914.html?mod=b_hpp_9_...
Seeing little inflation, Bank of England ready to cut rates
Submitted by cpowell on Wed, 2007-11-14 20:15 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Thursday, November 15, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=AWKBW5TCQZVWLQFIQ...
The Bank of England is poised to cut interest rates as many as three times in an effort to ease the pain of the credit crunch, it indicated today.
Dollar to remain China's main reserve, central banker says
Submitted by cpowell on Wed, 2007-11-14 19:54 Section: Daily DispatchesBy Min Zeng
Bloomberg News Service
Wednesday, November 14, 2007
http://www.bloomberg.com/apps/news?pid=20601080&sid=aKaUJgZica_A
The U.S. dollar will remain the "main currency" in China's $1.43 trillion foreign reserves, said Yi Gang, assistant governor of the People's Bank of China.
Government funds reported buying gold to hedge dollar's decline
Submitted by cpowell on Tue, 2007-11-13 22:36 Section: Daily DispatchesState Funds Look to Commodity Investment
By Javier Blas
Financial Times, London
Monday, November 12, 2007
http://www.ft.com/cms/s/0/285fe19c-9149-11dc-9590-0000779fd2ac.html?ncli...
Money market funds requiring props as credit crisis spreads
Submitted by cpowell on Tue, 2007-11-13 20:13 Section: Daily DispatchesBanks Prop Up Money Market Funds
By Deborah Brewster and Saskia Scholtes
Financial Times, London
Tuesday, November 13, 2007
http://www.ft.com/cms/s/0/39e0b806-922a-11dc-8981-0000779fd2ac.html?ncli...
Randy Strauss: Only gold solves the international currency problem
Submitted by cpowell on Tue, 2007-11-13 19:45 Section: Daily Dispatches7:30p ET Tuesday, November 13, 2007
Dear Friend of GATA and Gold:
Randy Strauss of Centennial Precious Metals in Denver and its wonderful USAGold.com Forum (http://www.usagold.com/cpmforum/) today commented incisively there about the turmoil in the currency markets.
Strauss wrote:
New currency market rig tops finance ministers' agenda
Submitted by cpowell on Tue, 2007-11-13 15:29 Section: Daily DispatchesPaulson Boxed In By 'Strong-Dollar' Chant
By Christopher Anstey and Kevin Carmichael
Bloomberg News Service
Tuesday, November 13, 2007
http://www.bloomberg.com/apps/news?pid=20601109&sid=atBJvH_zVmsA&refer=home
As U.S. Treasury Secretary Henry Paulson prepares to meet counterparts representing the world's biggest economies, he carries some extra baggage on the plane to Africa.
Ted Butler: The cop on the beat
Submitted by cpowell on Tue, 2007-11-13 13:09 Section: Daily Dispatches1p ET Tuesday, November 13, 2007
Dear Friend of GATA and Gold:
Dollar drop puts UAE at 'crossroads' on currency link
Submitted by cpowell on Tue, 2007-11-13 13:00 Section: Daily DispatchesBy Matthew Brown
Bloomberg News Service
Tuesday, November 13, 2007
http://www.bloomberg.com/apps/news?pid=20601083&sid=aw0Fnv46l3Cg&refer=c...
DUBAI -- The United Arab Emirates may drop the dirham's peg to the dollar after the country's central bank governor indicated that the weakening U.S. currency was forcing him to rethink its currency policy, analysts said.
Redburn Partners vindicates GATA in 'Gold War' report
Submitted by cpowell on Tue, 2007-11-13 09:03 Section: Daily Dispatches12:10p ET Tuesday, November 13, 2007
Dear Friend of GATA and Gold:
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