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Daily Dispatches
No free market here: Japan threatens currency speculators
Submitted by cpowell on Mon, 2007-11-12 22:25 Section: Daily DispatchesFukuda Warns on Rapid Rise in Yen
By David Pilling
Financial Times, London
Monday, November 12, 2007
http://www.ft.com/cms/s/0/a7a70b58-914c-11dc-9590-0000779fd2ac.html
TOKYO -- The yen is appreciating "too fast" and speculators need to "be careful," Yasuo Fukuda, Japan's prime minister, warned in an interview with the Financial Times on Monday.
E*Trade sinks 59% on losses and fear of bankruptcy
Submitted by cpowell on Mon, 2007-11-12 18:50 Section: Daily DispatchesBy Anupreeta Das
Reuters
via Yahoo News
Monday, November 12, 2007
http://news.yahoo.com/s/nm/20071112/bs_nm/etrade_shares_dc;_ylt=AtlM1wZc...
Did the central banks REALLY 'blow it' with gold?
Submitted by cpowell on Mon, 2007-11-12 14:34 Section: Daily Dispatches2:30p ET Monday, November 12, 2007
Dear Friend of GATA and Gold:
Give the analyst below some credit for noting the incongruity in central bank sales of gold in a sharply rising market. But he gets no credit for failing to pose some obvious questions, starting with: What less-visible benefit might accrue to central banks selling gold?
Digital gold as replacement for dollar is cited in Washington Post
Submitted by cpowell on Mon, 2007-11-12 11:39 Section: Daily DispatchesThe Dollar in Danger
By Sebastian Mallaby
Washington Post
Monday, November 12, 2007
http://www.washingtonpost.com/wp-dyn/content/article/2007/11/11/AR200711...
James Turk: The last hurdle
Submitted by cpowell on Mon, 2007-11-12 08:45 Section: Daily Dispatches8:45a ET Monday, November 12, 2007
Dear Friend of GATA and Gold:
Currency controls are already in operation to counter dollar's fall
Submitted by cpowell on Sun, 2007-11-11 20:31 Section: Daily DispatchesCurrency Controls Return
as Central Banks
Fight Dollar Freefall
By Gavin Finch and Ye Xie
Bloomberg News Service
Monday, November 12, 2007
http://www.bloomberg.com/apps/news?pid=20601080&sid=ad3SyUGo78L0
Central banks from Bogota to Mumbai are imposing foreign-exchange curbs to take control of their soaring currencies from traders dumping the dollar.
Thomas Tan: Central banks and gold -- manipulation or money management?
Submitted by cpowell on Sun, 2007-11-11 18:58 Section: Daily Dispatches6:55p ET Sunday, November 11, 2007
Dear Friend of GATA and Gold:
Greenback is worth nothing in terms of American pride
Submitted by cpowell on Sun, 2007-11-11 13:22 Section: Daily DispatchesTim Harper
Toronto Star
Friday, November 9, 2007
http://www.thestar.com/News/article/275023
MUSCATINE, Iowa -- An American rap star and entrepreneur celebrates his wealth with a wad of euros in a new video.
A Brazilian supermodel reportedly declines payment in U.S. dollars. A newfound French friend warns of international economic war.
Banks reported agreed on credit backup fund
Submitted by cpowell on Sun, 2007-11-11 12:59 Section: Daily DispatchesBy Eric Dash
The New York Times
Sunday, November 11, 2007
http://www.nytimes.com/2007/11/11/business/11bank.html?ref=business
Peter Brimelow: Veterans aren't panicking over Dow's plunge
Submitted by cpowell on Fri, 2007-11-09 08:56 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Thursday, November 8, 2007
http://www.marketwatch.com/news/story/veterans-arent-panicking-over-dows...
NEW YORK -- Phooey! Wednesday's 360-point Dow drop was only the fifth-worst of day of 2007, and the index still up for the year. Why worry?