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Daily Dispatches

Subprime inflicts new damage as banks seek cash

Section: Daily Dispatches

By Mike Peacock
Reuters
Wednesday, August 29, 2007

http://www.reuters.com/article/ousiv/idUSPEK14997020070829

LONDON -- New evidence of damage wrought by the U.S. mortgage sector surfaced in the United States and Europe on Wednesday while banks demanded a record amount of cash at a euro-zone money market auction.

Barrick, agent of the central banks, affects to denounce one of them

Section: Daily Dispatches

8:26p ET Tuesday, August 28, 2007

Dear Friend of GATA and Gold:

John Crudele: What would happen if I got a crack at Hank

Section: Daily Dispatches

By John Crudele
New York Post
Tuesday, August 28, 2007

http://www.nypost.com/seven/08282007/business/what_would_happen_if_i_get...

Hank Paulson won't let me interview him about the Plunge Protection Team but "thanks for the request," says a spokeswoman for the Treasury Department.

Hey, I expected as much.

Ted Butler: The royal scam

Section: Daily Dispatches

4:40p ET Tuesday, August 28, 2007

Dear Friend of GATA and Gold:

Rate increase seems canceled in Canada too

Section: Daily Dispatches

By Haris Anwar
Bloomberg News Service
Tuesday, August 28, 2007

http://www.bloomberg.com/apps/news?pid=20601082&sid=ainBUWnn3cJA&refer=c...

TORONTO -- Canada's dollar fell for a second straight day after a central bank official suggested that it may not raise interest rates while weighing the effect of global credit market losses.

Free and fair trade: Poisoned food and toys for fraudulent securities

Section: Daily Dispatches

Calls Grow for
International Review
of U.S. Markets

Loan Crisis Blamed
on Lax Regulators

By Heather Timmons and Katrin Bennhold
The New York Times
via International Herald Tribune, Paris
Tuesday, August 28, 2007

http://www.iht.com/articles/2007/08/28/business/reg.php

Barrick dismisses talk of bid for Newmont

Section: Daily Dispatches

From Reuters
Tuesday, August 28, 2007

http://www.reuters.com/article/marketsNews/idUKTOR00201420070828?rpc=44

TORONTO -- Canada's Barrick Gold Corp., the world's biggest gold producer, shot down talk on Tuesday that it was looking to buy U.S. rival Newmont Mining Corp.

ECB scraps rate increase under pressure from pols, economists

Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, August 28, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/28/cnecb1...

The European Central Bank is poised to abandon a rate rise planned for early September, bowing to intense pressure from French politicians and a growing chorus of economists across Europe.

Mike Kosares: The top 25 quotes on the credit crisis of 2007

Section: Daily Dispatches

8:50p ET Monday, August 27, 2007

Dear Friend of GATA and Gold:

Michael Kosares, founder and president of Centennial Precious Metals in Denver and host of the USAGold.com Forum, has compiled what he calls the "Top 25 Quotes on the Credit Crisis of 2007." It's fun reading and you can find it at USAGold here:

http://www.usagold.com/amk/usagoldmarketupdate082707.html

Tokyo stock exchange may list gold ETF

Section: Daily Dispatches

From Reuters
Sunday, August 26, 2007

http://www.reuters.com/article/fundsFundsNews/idUST27783020070827

TOKYO -- The Tokyo Stock Exchange plans to list a gold exchange-traded fund (ETF) that will be backed by bullion in spring 2008, Japanese financial daily Nikkei said on Monday.

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