You are here
Daily Dispatches
European Central Bank won't sell gold through September
Submitted by cpowell on Fri, 2007-06-01 09:16 Section: Daily DispatchesBy Claudia Carpenter
Bloomberg News Service
Friday, June 1, 2007
http://www.bloomberg.com/apps/news?pid=20601012&sid=aLXkYhS5mjKI&refer=c...
LONDON -- Gold rose in London after the European Central Bank said it has no plans to sell more gold through September. Silver also gained.
Ron Paul: The end of dollar hegemony, Part I
Submitted by cpowell on Thu, 2007-05-31 21:08 Section: Daily Dispatches9p ET Thursday, May 31, 2007
Dear Friend of GATA and Gold:
As you may see from the accompanying essay by U.S. Rep. Ron Paul, it's unlikely that a modern presidential candidate has ever had as much understanding of history and particularly economic history as is demonstrated here. Delightfully for us, Paul even mentions the international gold-price fixing scheme.
Banks give preferential rates on loans in takeover craze
Submitted by cpowell on Thu, 2007-05-31 20:15 Section: Daily DispatchesBanks Are Lending to Private Sector
at Less Than Prevailing Interest Rate
By Edmund Conway
The Telegraph, London
Friday, June 1, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/06/01/cnbank...
UK banks are taking the unprecedented step of lending to the private equity and hedge fund sector at below the official UK interest rate.
Is Morgan working both sides of credit-insurance derivatives market?
Submitted by cpowell on Thu, 2007-05-31 19:56 Section: Daily DispatchesFunds Attack Banks' Aid
for Subprime Borrowers
By Saskia Scholtes
Financial Times, London
Thursday, May 31, 2007
http://www.ft.com/cms/s/3ae806a2-0fa6-11dc-a66f-000b5df10621.html
NEW YORK -- Hedge funds are attacking bank decisions that help delinquent US mortgage borrowers remain in their homes in a move that pits some of the country's richest people against its least well-off.
GATA sympathizers gather for lunch in Sydney on June 14
Submitted by cpowell on Thu, 2007-05-31 19:27 Section: Daily Dispatches7:24p ET Thursday, May 30, 2007
Dear Friend of GATA and Gold:
European central banks to fall short of gold sales quota again
Submitted by cpowell on Thu, 2007-05-31 16:14 Section: Daily DispatchesBy Atul Prakash
Reuters
Thursday, May 31, 2007
http://www.reuters.com/article/wtMostRead/idUSL314785620070531
LONDON -- Europe's central banks are again likely to sell less gold this year than an agreed annual limit of 500 tonnes, despite a pickup in recent weeks, analysts say.
Couldn't they have voted for MorganChase or Citigroup instead?
Submitted by cpowell on Thu, 2007-05-31 15:37 Section: Daily DispatchesItalians Complain Country
is Run by Goldman Sachs
By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, May 30, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/05/29/cnital...
Italians grumble that Goldman Sachs runs their country, much as the Jesuits ran countries during the Counter-Reformation.
Senators draft legislation for currency intervention by U.S.
Submitted by cpowell on Wed, 2007-05-30 22:31 Section: Daily DispatchesBill Seeks New Approach
to U.S. Currency Battles
Financial Times, London
Wednesday, May 30, 2007
http://www.ft.com/cms/s/ac32a5fc-0ece-11dc-b444-000b5df10621,dwp_uuid=5a...
The surprising relevance of Ron Paul
Submitted by cpowell on Tue, 2007-05-29 21:16 Section: Daily DispatchesThe Crank
The Surprising Relevance of Ron Paul
By Michael Crowley
The New Republic
June 4, 2007
Forced to trial, MorganChase settles copper price-rigging lawsuit
Submitted by cpowell on Tue, 2007-05-29 17:34 Section: Daily DispatchesBy Ryan J. Foley
Associated Press
via Yahoo News
Tuesday, May 29, 2007
http://biz.yahoo.com/ap/070529/copper_market.html?.v=1
MADISON, Wisconsin -- J.P. Morgan Chase & Co. has settled a long-running antitrust lawsuit filed by copper companies who claimed the bank's predecessor conspired with a Japanese trading house to manipulate the copper market in the 1990s.