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Daily Dispatches
Silver Summit 2007 will be as GATA-friendly as can be
Submitted by cpowell on Wed, 2007-09-12 22:39 Section: Daily Dispatches10:35p ET Wednesday, September 12, 2007
Dear Friend of GATA and Gold:
Now that it's unwound, Barron's and Wall Street Journal report gold carry trade
Submitted by cpowell on Wed, 2007-09-12 22:12 Section: Daily Dispatches10:12p ET Wednesday, September 12, 2007
Dear Friend of GATA and Gold:
Trust Barron's and The Wall Street Journal to expose the gold carry trade just as it has been unwound and the perpetrators have made safe getaways with billions fleeced from unsuspecting investors.
British chancellor urges G7 to co-ordinate bank regulation
Submitted by cpowell on Wed, 2007-09-12 21:53 Section: Daily DispatchesChancellor Wants G7 to Tighten Credit Rules
By Damian Reece
The Telegraph, London
Thursday, September 13, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/09/13/cndarl...
Fed believed to be considering unconventional tools for bailouts
Submitted by cpowell on Wed, 2007-09-12 17:11 Section: Daily DispatchesFed Mulls Options in Tackling Liquidity Problem
By Krishna Guha
Financial Times, London
Wednesday, September 12, 2007
http://www.ft.com/cms/s/0/07b9cb8e-615f-11dc-bf25-0000779fd2ac.html
Oil rises sharply, briefly tops $80 per barrel
Submitted by cpowell on Wed, 2007-09-12 17:04 Section: Daily DispatchesBy John Wilen
Associated Press
via Yahoo News
Wednesday, September 12, 2007
http://news.yahoo.com/s/ap/20070912/ap_on_bi_ge/oil_prices;_ylt=AqcHPFGl...
Dollar falls to record low against euro
Submitted by cpowell on Wed, 2007-09-12 16:58 Section: Daily DispatchesBy Jackie Farwell
Associated Press
via Yahoo News
Wednesday, September 12, 2007
http://news.yahoo.com/s/ap/20070912/ap_on_bi_ge/dollar;_ylt=AgvImdUc2PlG...
Casey Research: Fed already has cut main rate by third of a percent
Submitted by cpowell on Wed, 2007-09-12 01:02 Section: Daily Dispatches1a ET Wednesday, September 12, 2007
Dear Friend of GATA and Gold:
Casey Research economist Bud Conrad reports that for a month already through its daily bond market operations the Federal Reserve has effectively reduced the Fed Funds interest rate by about a third of a percentage point below the Fed's nominal "target" rate of 5.25 percent.
Ted Butler: Stir it up
Submitted by cpowell on Tue, 2007-09-11 22:15 Section: Daily Dispatches10:15p ET Tuesday, September 11, 2007
Dear Friend of GATA and Gold:
Countrywide Financial seeking another bailout, NYPost says
Submitted by cpowell on Tue, 2007-09-11 19:33 Section: Daily DispatchesCountryslide
By Zachery Kouwe
New York Post
Tuesday, September 11, 2007
http://www.nypost.com/seven/09112007/business/countryslide.htm
Countrywide Financial Corp. is putting together another multi-billion dollar bailout plan as the nation's largest home lender continues to struggle amid the global credit crunch and declines in the housing market, the Post has learned.
Arrggh! Pirate Capital's Jolly Roger hedge funds sink 80%
Submitted by cpowell on Tue, 2007-09-11 18:47 Section: Daily DispatchesPirate Capital Bars Withdrawals from 2 Hedge Funds
By Katherine Burton
Bloomberg News Service
Tuesday, September 11, 2007
http://quote.bloomberg.com/apps/news?pid=20601087&sid=aKe6zEkVFGOg
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