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Daily Dispatches
Gold seen anticipating lower worldwide interest rates
Submitted by cpowell on Tue, 2007-09-18 17:32 Section: Daily DispatchesGold Rises to Highest Since 1980
as Dollar Slumps on Fed's Rate Cut
By Pham-Duy Nguyen
Bloomberg News Service
Tuesday, September 18, 2007
http://quote.bloomberg.com/apps/news?pid=20601087&sid=aETKbEA6eXR4
China unloads $5 billion for vast mineral concessions in Congo
Submitted by cpowell on Tue, 2007-09-18 17:16 Section: Daily DispatchesChina Lends Congo $5 Billion
in Latest Foray into Africa
By Joe Bavier
Reuters
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/nm/20070918/wl_nm/congo_democratic_china_dc_1
Ted Butler: Different patterns in silver traders report
Submitted by cpowell on Tue, 2007-09-18 15:04 Section: Daily Dispatches3p ET Tuesday, September 18, 2007
Dear Friend of GATA and Gold:
Fed gets aggressive, cuts rate by half point
Submitted by cpowell on Tue, 2007-09-18 14:38 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/ap/20070918/ap_on_bi_ge/fed_interest_rates;_ylt=...
Britain considers copying U.S. and German deposit insurance
Submitted by cpowell on Tue, 2007-09-18 10:48 Section: Daily DispatchesBank Shares Rally After Chancellor Steps In
By Peter Thal Larsen, Chris Giles,
and George Parker
Financial Times, London
Tuesday, September 18, 2007
http://www.ft.com/cms/s/0/cc10b29c-655e-11dc-bf89-0000779fd2ac.html
More banks may need bailouts as fear grows in Britain
Submitted by cpowell on Tue, 2007-09-18 00:26 Section: Daily DispatchesBy Katherine Griffiths
The Telegraph, London
Tuesday, September 18, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=NLRSMJNVCXQELQFIQ...
Exiting dollar, Iran puts 70% of reserves in other currencies and gold
Submitted by cpowell on Mon, 2007-09-17 23:09 Section: Daily DispatchesFrom Agence France-Press
via Daily Times, Lahore, Pakistan
Tuesday, September 18, 2007
http://www.dailytimes.com.pk/default.asp?page=2007%5C09%5C18%5Cstory_18-...
Financial Times: Spain is finished with gold sales
Submitted by cpowell on Mon, 2007-09-17 21:49 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/22f4ab90-6546-11dc-bf89-0000779fd2ac.html
LONDON -- The Bank of Spain, the largest seller of gold this year under the central banks' gold agreement, plans no more significant sales of the precious metal, a move that is likely to fuel the recent surge in prices.
All British banks now may expect government rescue
Submitted by cpowell on Mon, 2007-09-17 20:08 Section: Daily DispatchesStopping a Crisis from Becoming a Catastrophe
By Philip Stephens
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/2e4257da-656a-11dc-bf89-0000779fd2ac.html
Venezuela's oil accounts to dump the dollar
Submitted by cpowell on Mon, 2007-09-17 15:14 Section: Daily DispatchesBy Steven Bodzin
Bloomberg News Service
Monday, September 17, 2007
http://www.bloomberg.com/apps/news?pid=20601086&sid=aGBuWpZJ9cPI
CARACAS, Venezuela -- Venezuelan President Hugo Chavez instructed Petroleos de Venezuela SA, the state oil company, to convert its investment accounts from dollars to euros and Asian currencies to reduce risk.
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