You are here
Daily Dispatches
Bundesbank looks to learn from its past
Submitted by cpowell on Sun, 2007-07-29 19:57 Section: Daily DispatchesBy Ralph Atkins
Financial Times, London
Sunday, July 29, 2007
http://www.ft.com/cms/s/6442812e-3de8-11dc-8f6a-0000779fd2ac.html
FRANKFURT, Germany -- Mervyn King, current governor of the Bank of England, was astonished on his first visit to the Bundesbank in the early 1990s, at least according to his host, Otmar Issing, then chief economist at Germany’s central bank.
An exchange with Jay Taylor about deflation
Submitted by cpowell on Sun, 2007-07-29 00:17 Section: Daily Dispatches12:16a ET Sunday, July 29, 2007
Dear Friend of GATA and Gold:
Newsletter writer and longtime GATA supporter Jay Taylor had an exchange with your secretary/treasurer about Saturday's GATA Dispatch on the chance of deflation. Taylor has kindly agreed to let his comments be distributed here, so they are appended, along with a few more comments from me.
Dan Norcini: Bullion bank efforts against gold reached record last week
Submitted by cpowell on Sat, 2007-07-28 23:26 Section: Daily DispatchesBy Dan Norcini
www.JSMineset.com
Friday, July 27, 2007
I mentioned last week that the commercial shorts (aka the perma gold shorts or the bullion banks) would have to absorb a tremendous amount of buying to keep gold from surging to $700, since the fund net long position was comparatively small by recent historical standards.
Well, guess what -- they did exactly that.
Is gold's problem really an impending deflation?
Submitted by cpowell on Sat, 2007-07-28 11:20 Section: Daily Dispatches11:15a ET Saturday, July 28, 2007
Dear Friend of GATA and Gold:
GATA's friend M.L.B. writes:
"I have my own take on the recent decline in the price of gold -- the spectre of deflation.
Help compel Treasury to answer New York Post's John Crudele
Submitted by cpowell on Sat, 2007-07-28 11:07 Section: Daily Dispatches11a ET Saturday, July 28, 2007
Dear Friend of GATA and Gold:
John Crudele: Wish my FOIA request a happy birthday
Submitted by cpowell on Thu, 2007-07-26 10:03 Section: Daily DispatchesBy John Crudele
New York Post
Thursday, July 26, 2007
http://www.nypost.com/seven/07262007/business/wish_my_foia_request_a_hap...
I'd like you to join me in wishing my FOIA request a happy birthday. It turned 1 year old yesterday.
Nick Jones: The gold carry trade
Submitted by cpowell on Thu, 2007-07-26 01:13 Section: Daily Dispatches1a ET Thursday, July 26, 2007
Dear Friend of GATA and Gold:
Agora Financial's free daily letter, Whiskey and Gunpowder, yesterday carried an excellent essay by Nick Jones about the manipulation of the gold market, "The Gold Carry Trade." It is appended but needs two corrections.
Mortgage defaults already coming from good-credit borrowers
Submitted by cpowell on Wed, 2007-07-25 21:30 Section: Daily DispatchesBy Alex Veiga
Associated Press
via Yahoo News
Wednesday, July 25, 2007
http://biz.yahoo.com/ap/070725/mortgage_woes.html?.v=4
LOS ANGELES -- Here's a scary thought about the latest bad news on housing:
Zimbabwe's official gold price rises 10-fold overnight
Submitted by cpowell on Wed, 2007-07-25 21:26 Section: Daily DispatchesFrom Reuters
Wednesday, July 25, 2007
http://africa.reuters.com/business/news/usnBAN555950.html
HARARE, Zimbabwe -- Zimbabwe's central bank raised on Wednesday the local price of gold nearly 10-fold in a bid to curb smuggling and boost sagging deliveries.
Reg Howe: Gibson's Paradox and rising rates
Submitted by cpowell on Wed, 2007-07-25 21:10 Section: Daily Dispatches9p ET Wednesday, July 25, 2007
Dear Friend of GATA and Gold:
Pages
