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Daily Dispatches
Computer glitch suppressed gold price since 1995
Submitted by cpowell on Tue, 2007-02-27 22:17 Section: Daily DispatchesFrom Rooters
Tuesday, February 27, 2007
http://www.reuters.com/article/oddlyenoughnews/idUSL2724139820070227
NEW YORK -- A computer glitch has been understating the price of gold by thousands of dollars per ounce since 1995, the New York Mercantile Exchange announced today in a statement on behalf of its Comex division.
GATA Director Wistar Holt to host reception during PDAC in Toronto
Submitted by cpowell on Tue, 2007-02-27 20:56 Section: Daily Dispatches8:53p ET Tuesday, February 27, 2007
Dear Friend of GATA and Gold:
Morgan executive to run international affairs for U.S. Treasury
Submitted by cpowell on Tue, 2007-02-27 19:51 Section: Daily DispatchesBy Rex Nutting
CBSMarketWatch.com
Tuesday, February 27, 2007
http://www.marketwatch.com/news/story/timothy-ryan-named-top-treasury/st...
Britain's public employees face raises below inflation rates
Submitted by cpowell on Tue, 2007-02-27 19:42 Section: Daily DispatchesReview Backs Below-Inflation Pay Raises
By Ben Hall and Nicholas Timmins
Financial Times, London
Tuesday, February 27, 2007
http://www.ft.com/cms/s/cde23602-c6a5-11db-8f4f-000b5df10621.html
More than 1 million doctors, nurses, and other public sector workers face real terms pay cuts after the review bodies that recommended their salaries have proposed below-inflation pay increases.
Computer problem exaggerated Dow's plunge
Submitted by cpowell on Tue, 2007-02-27 19:27 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Tuesday, February 27, 2007
http://biz.yahoo.com/ap/070227/wall_street_what_happened.html?.v=5
Market plunge doesn't scare gold advocates Grandich and Sinclair
Submitted by cpowell on Tue, 2007-02-27 17:26 Section: Daily Dispatches5:22p ET Tuesday, February 27, 2007
Dear Friend of GATA and Gold:
Our friend Peter Grandich of the The Grandich Letter this afternoon issued some urgent commentary about gold's place amid today's turmoil in world markets. Grandich writes of gold:
Blanchard research note: Why it's time to load up on gold
Submitted by cpowell on Tue, 2007-02-27 17:01 Section: Daily DispatchesBy Neal R. Ryan
Vice President and Research Director
Blanchard Economic Research Unit
Blanchard & Co., New Orleans
Tuesday, February 27, 2007
http://www.blanchardonline.com/
There were serious losses today across the board in stocks and commodities.
What to do?
Ted Butler: A critical juncture
Submitted by cpowell on Tue, 2007-02-27 14:48 Section: Daily Dispatches2:45p ET Tuesday, February 27, 2007
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler writes that the precious metals markets are at a point of high risk and potentially high reward. His new essay, "A Critical Juncture," can be found at GoldSeek's companion site, SilverSeek, here:
http://news.silverseek.com/TedButler/1172599648.php
CHRIS POWELL, Secretary/Treasurer
Malaysians increasingly see gold as money, not jewelry
Submitted by cpowell on Mon, 2007-02-26 21:47 Section: Daily DispatchesBullish About Bullion
By Edward Rajendra
The Star, Petaling Jaya, Malaysia
Tuesday, February 27, 2007
http://thestar.com.my/news/story.asp?file=/2007/2/27/nation/16966428&sec...
KLANG, Malaysia -- Soaring gold prices have led to a new trend among buyers, who are now buying more bullion in the form of coins.
Postal Service plans inflation-proof stamp, like gold-backed dollars of old
Submitted by cpowell on Mon, 2007-02-26 21:26 Section: Daily DispatchesPostal Regulators Back 'Forever' Stamp
By Randolph E. Schmid
Associated Press
via Yahoo News
Monday, February 26, 2007
http://news.yahoo.com/s/ap/20070226/ap_on_bi_ge/postal_rates;_ylt=AtgEly...
WASHINGTON -- Say goodbye to those pesky 1- and 2-cent stamps that used to clutter up desks and purses every time the price of mailing a letter went up.
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