You are here
Daily Dispatches
Join GATA at the New Orleans Investment Conference in October
Submitted by cpowell on Thu, 2007-07-05 22:44 Section: Daily Dispatches10:40p ET Thursday, July 5, 2007
Dear Friend of GATA and Gold:
GATA will have a big part in this year's New Orleans Investment Conference, scheduled for Sunday-Thursday, October 21-25.
Jim Sinclair: 13 reasons to be terrified of OTC derivatives
Submitted by cpowell on Thu, 2007-07-05 22:09 Section: Daily DispatchesBy Jim Sinclair
JSMineset.com
Thursday, July 5, 2007
http://www.jsmineset.com
Conde Nast's magazine, "Portfolio -- Business Intelligence," recently carried a story that is shocking even to me. I do not know where they got their numbers but I suspect that they fact-check their articles. The title is "$300 Trillion Time Bomb."
Newmont spends $578 million to close gold hedges early
Submitted by cpowell on Thu, 2007-07-05 17:22 Section: Daily DispatchesCompany Press Release
via PRNewswire
Thursday, July 5, 2007
http://biz.yahoo.com/prnews/070705/lath054.html?.v=101
DENVER -- Newmont Mining Corp. today announced the elimination of its entire 1.85 million-ounce gold hedge position, establishing the company as the world's largest unhedged gold producer.
Credit derivatives blowup threatens Italian bank
Submitted by cpowell on Wed, 2007-07-04 20:03 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, July 4, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/03/bcnita...
A derivative blow-up at the Italian bank Italease has sent tremors through Milan's banking fraternity and exposed the hidden dangers of exotic credit instruments.
A mortgage-securities hedge fund suspends redemptions
Submitted by cpowell on Wed, 2007-07-04 11:33 Section: Daily DispatchesBy Vikas Bajaj
The New York Times
Wednesday, July 4, 2007
http://www.nytimes.com/2007/07/04/business/04bonds.html?_r=1&ref=business&o
In another sign that troubles in the mortgage market are spreading, a prominent hedge fund that specializes in bonds backed by home loans has suspended redemption requests by investors.
Ted Butler: The raptors rumble
Submitted by cpowell on Tue, 2007-07-03 22:16 Section: Daily Dispatches10:15p ET Tuesday, July 3, 2007
Dear Friend of GATA and Gold:
Credit crunch will 'shred investment portfolios to ribbons'
Submitted by cpowell on Tue, 2007-07-03 21:34 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, July 4, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/02/bcncru...
The near collapse of two Bear Stearns hedge funds has lifted the rock on our 21st century mutant capitalism, exposing the bugs beneath to a rare shock of naked light.
Ron Paul honored in metal in advance of his election
Submitted by cpowell on Tue, 2007-07-03 16:47 Section: Daily Dispatches4:49p ET Tuesday, July 3, 2007
Dear Friend of GATA and Gold:
Teck Cominco offers 29% premium for Aur Resources
Submitted by cpowell on Tue, 2007-07-03 08:59 Section: Daily DispatchesFrom Reuters
via Yahoo News
Tuesday, July 2, 2007
http://news.yahoo.com/s/nm/20070703/bs_nm/teck_aur_dc;_ylt=AqFVv0t2igQa2...
TORONTO -- Teck Cominco said on Tuesday it would buy Aur Resources in a friendly cash and stock offer worth C$4.1 billion ($3.87 billion), boosting the base metal giant's copper production.
Mining-state senators want cap gains tax cut for metals
Submitted by cpowell on Tue, 2007-07-03 00:10 Section: Daily DispatchesCrapo, Reid Seek Reductions
in Precious Metals Taxes
Fair Treatment for
Precious Metals Investment Act
Lowers Capital Gains Rate
U.S. Senate Press Release
Tuesday, June 5, 2007
http://crapo.senate.gov/media/newsreleases/release_full.cfm?id=275532
Pages
