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Daily Dispatches
Bailed out by taxpayers, bank raises dividend, continues CEO's huge salary
Submitted by cpowell on Tue, 2007-09-25 00:43 Section: Daily DispatchesAnger as Northern Rock Plans Dividend
By Philip Aldrick and Harry Wallop
The Telegraph, London
Tuesday, September 25, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/25/cnrock...
John F. Wasik: Consumer price index is just a lot of spin
Submitted by cpowell on Mon, 2007-09-24 23:28 Section: Daily DispatchesBy John F. Wasik
Bloomberg News Service
Monday, September 24, 2007
http://www.bloomberg.com/apps/news?pid=20601039&sid=a2SUCQ3Bslk0&refer=home
The U.S. consumer price index continues to be a testament to the art of economic spin.
James Turk: Four important charts
Submitted by cpowell on Mon, 2007-09-24 09:16 Section: Daily Dispatches9:15a ET Monday, September 24, 2007
Dear Friend of GATA and Gold:
Mike Kosares: What if you'd been waiting in line at Northern Rock?
Submitted by cpowell on Mon, 2007-09-24 01:35 Section: Daily DispatchesBy Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Sunday, September 23, 2007
Who is at risk in Alan Greenspan's "Age of Turbulence? (And we should not doubt for a minute that we do
indeed live in an age of unprecedented turbulence.)
Is it the Federal Reserve?
No, the Fed suffers no ramifications for any of its actions or pronouncements.
How Bank of England was compelled to rescue Northern Rock
Submitted by cpowell on Sun, 2007-09-23 12:47 Section: Daily DispatchesDid the Bank of England
Cave In to Political Pressure?
By Iain Dey
The Telegraph, London
Sunday, September 23, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/23/ccbank...
It was late on Tuesday afternoon when Mervyn King summoned the chief executives of Britain's top five banks to a meeting that night at the Bank of England.
OPEC sees oil price rise offsetting dollar's fall
Submitted by cpowell on Sat, 2007-09-22 23:54 Section: Daily DispatchesFrom Reuters
Sunday, September 23, 2007
http://in.reuters.com/article/businessNews/idINIndia-29672620070923
RIYADH, Saudi Arabia -- The surge in oil prices to record highs will shield OPEC nations, some of which peg their currencies to the U.S. dollar, from current dollar weakness, a Saudi newspaper quoted OPEC sources as saying on Saturday.
Gold's rise mystifies The New York Times
Submitted by cpowell on Sat, 2007-09-22 17:57 Section: Daily DispatchesGold, Again, Becomes a Shield Against the Unknown
By Conrad De Aenlle
The New York Times
Sunday, September 23, 2007
http://www.nytimes.com/2007/09/23/business/yourmoney/23gold.html?_r=1&
Master of the Universe (retired)
Submitted by cpowell on Sat, 2007-09-22 15:04 Section: Daily DispatchesBy Alan Beattie
Financial Times, London
Saturday, September 22, 2007
http://www.ft.com/cms/s/0/7198d398-6659-11dc-9fbb-0000779fd2ac.html
"The Age of Turbulence: Adventures in a New World"
By Alan Greenspan
Allen Lane, L25, 531 pages
FT bookshop price: L20
Gary North: Bernanke has snookered us all
Submitted by cpowell on Sat, 2007-09-22 13:22 Section: Daily Dispatches1:20p ET Saturday, September 22, 2007
Dear Friend of GATA and Gold:
Fears for global economy propel gold price
Submitted by cpowell on Fri, 2007-09-21 23:51 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Saturday, September 22, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/22/cngold...
The moment every gold bug has been waiting for finally arrived this week when "Barbaric Relic" smashed through resistance to close the week at a 27-year high of $737 an ounce on the London PM Fix.
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