You are here
Daily Dispatches
Dollar slide may prompt joint intervention, Morgan Stanley says
Submitted by cpowell on Mon, 2007-11-05 11:43 Section: Daily DispatchesBy Stanley White
Bloomberg News Service
Friday, November 2, 2007
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a_Hg1qiLaMME
TOKYO -- The dollar's decline to record lows may turn into a "more violent correction" that requires the U.S., the European Union, and Japan to intervene in foreign- exchange markets, said analysts at Morgan Stanley.
Supermodel joins hedge fund managers in dumping dollars
Submitted by cpowell on Sun, 2007-11-04 20:52 Section: Daily DispatchesBy Bo Nielsen and Adriana Brasileiro
Bloomberg News Service
Monday, November 5, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCs.keWwNdiY&refer=home
Gisele Bundchen wants to remain the world's richest model and is insisting that she be paid in almost any currency but the U.S. dollar.
Rubin becomes Citigroup chairman amid mounting losses
Submitted by cpowell on Sun, 2007-11-04 20:12 Section: Daily DispatchesBy Madlen Read
Associated Press
via Yahoo News
Sunday, November 4, 2007
http://news.yahoo.com/s/ap/20071105/ap_on_bi_ge/citigroup_ceo;_ylt=Ahde0...
Silver treatment cures antibiotic-resistant staph infection
Submitted by cpowell on Sun, 2007-11-04 09:58 Section: Daily DispatchesBy Karen Cohilas
WALB-TV10, Albany, New York
Friday, November 2, 2007
http://www.walb.com/Global/story.asp?S=7304212
An Albany man survived the "superbug" thanks to an unusual treatment.
Doug Noland's Credit Bubble Bulletin: The road to ruin
Submitted by cpowell on Sun, 2007-11-04 09:51 Section: Daily DispatchesBy Doug Noland
PrudentBear.com
Friday, November 2, 2007
http://www.prudentbear.com/index.php?option=com_content&view=article&id=...
Qatar won't automatically copy U.S. interest rates anymore
Submitted by cpowell on Sun, 2007-11-04 09:29 Section: Daily DispatchesBy Mohammed Abbas
Reuters
Sunday, November 4, 2007
DOHA, Qatar -- Qatar, one of five Gulf oil producers that pegs its currency to the dollar, said on Sunday it would track future U.S. Federal Reserve interest rate moves only if they suited conditions in its domestic market.
Turk sees silver catching up; to Burak, gold seems unstoppable
Submitted by cpowell on Sun, 2007-11-04 09:19 Section: Daily Dispatches9:15a ET Sunday, November 4, 2007
Dear Friend of GATA and Gold:
There's some encouraging technical analysis to start the day with.
GoldMoney founder James Turk sees indications that silver soon will catch up with gold. You can find his analysis in the "Founder's Commentary" section in the third column of the GoldMoney home page here:
CitiGroup CEO may quit at urgent meeting; Rubin asked to take over
Submitted by cpowell on Fri, 2007-11-02 18:33 Section: Daily DispatchesCiti's Prince to Offer to Resign
By Damian Paletta, Robin Sidel, and David Enrich
The Wall Street Journal
Friday, November 2, 2007
Citigroup Inc. Chief Executive Charles Prince will offer to resign on Sunday, according to people familiar with the matter.
Credit Suisse gold report heightens suspicion about central banks
Submitted by cpowell on Fri, 2007-11-02 13:45 Section: Daily Dispatches1:45p ET Friday, November 2, 2007
Dear Friend of GATA and Gold:
The Credit Suisse report on gold by research analyst David Davis, cited in the story from The Telegraph dispatched to you yesterday, has been posted at the bottom of the dispatch at GATA's Internet site here:
AngloGold Ashanti may reduce gold hedges
Submitted by cpowell on Fri, 2007-11-02 11:05 Section: Daily DispatchesBy Jon A. Nones
Resource Investor
Thursday, November 1, 2007
ST. LOUIS -- The world's third-biggest gold producer, AngloGold Ashanti, posted flat third-quarter headline earnings per share on Thursday but indicated willingness to buy out its gold hedge contracts prior to expiration.