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Daily Dispatches
Fed lectures financial houses: Borrow quick at our discount window
Submitted by cpowell on Fri, 2007-08-17 20:52 Section: Daily DispatchesUse of Discount Window Urged
By James Politi and Eoin Callan
Financial Times, London
Saturday, August 18, 2007
http://www.ft.com/cms/s/5b1d50c2-4d17-11dc-a51d-0000779fd2ac.html
The top executives of Wall Street's leading commercial and investment banks gathered on an emergency conference call for about 20 minutes on Friday morning to hear a stern message from the Federal Reserve.
James Turk: The Fed blinks
Submitted by cpowell on Fri, 2007-08-17 16:42 Section: Daily Dispatches4:40p ET Friday, August 17, 2007
Dear Friend of GATA and Gold:
In commentary published this afternoon, GoldMoney's James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, reflects on the turmoil in the financial system and the Federal Reserve's reduction of interest rates this morning.
Fall dinner meeting of CMRE to be held in New York on Oct. 25
Submitted by cpowell on Fri, 2007-08-17 15:41 Section: Daily Dispatches3:35p ET Friday, August 17, 2007
Dear Friend of GATA and Gold:
The annual fall meeting of the Committee for Monetary Research and Education Inc. will be held Thursday evening, October 25, at the Union League Club, 38 East 37th St., New York, just a few blocks south of Grand Central Station.
Among the speakers:
GATA supporters hold lunch in Canberra on Sept. 3
Submitted by cpowell on Fri, 2007-08-17 11:49 Section: Daily Dispatches11:45a ET Friday, August 17, 2007
Dear Friend of GATA and Gold:
Fed cuts loan rate to banks by half percent
Submitted by cpowell on Fri, 2007-08-17 08:33 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
via Yahoo News
Friday, August 17, 2007
http://news.yahoo.com/s/ap/20070817/ap_on_bi_ge/fed_interest_rates;_ylt=...
Fed takes junk collateral, slashes 1-month loan rate to 4%
Submitted by cpowell on Fri, 2007-08-17 00:38 Section: Daily DispatchesFed Steps in to Quell Credit Fears
By Ambrose Evans-Pritchard
The Telegraph, London
Friday, August 17, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/17/cnfed1...
Fears for commercial paper grow
Submitted by cpowell on Thu, 2007-08-16 23:55 Section: Daily DispatchesBy Saskia Scholtes, Peter Thal Larsen, and David Oakley
Financial Times, London
Thursday, August 16, 2007
http://www.ft.com/cms/s/cc9d0262-4c25-11dc-b67f-0000779fd2ac.html
Mike Kosares: There's no rationalizing dishonesty by central banks
Submitted by cpowell on Thu, 2007-08-16 15:30 Section: Daily DispatchesBy Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Thursday, August 16, 2007
In his commentary today, Dennis Gartman of The Gartman Letter identifies gold as the messenger and then seemingly applauds its slaying as an act in the public interest.
Gartman Letter: Gold rigging by central banks is only to be expected
Submitted by cpowell on Thu, 2007-08-16 08:55 Section: Daily DispatchesBy Dennis Gartman
The Gartman Letter
Thursday, August 16, 2007
Antal Fekete challenges Barrick and solves the interest-rate 'conundrum'
Submitted by cpowell on Wed, 2007-08-15 21:55 Section: Daily Dispatches9:55p ET Wednesday, August 15, 2007
Dear Friend of GATA and Gold:
Antal E. Fekete, the renowned hard-money economist, professor emeritus of Memorial University of Newfoundland, and speaker at GATA's Gold Rush 21 conference in the Yukon two years ago, has just issued some prodigious and compelling work.