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Daily Dispatches
Historic Bolivian silver mine at risk of collapse
Submitted by cpowell on Thu, 2007-07-12 13:47 Section: Daily DispatchesBy Monica Machicao
Reuters
Thursday, July 12, 2007
http://www.reuters.com/article/inDepthNews/idUSN2724749020070712
POTOSI, Bolivia -- High silver prices are drawing a frenzy of miners to a colonial-era mine at Potosi in Bolivia, but the mine has become so dangerous that authorities fear the mine, part of a World Heritage Site, could collapse.
James Turk: Bernanke explains why Fed must rig gold price
Submitted by cpowell on Thu, 2007-07-12 13:40 Section: Daily Dispatches1:34p ET Thursday, July 12, 2007
Dear Friend of GATA and Gold:
Australian hedge fund warns about withdrawals
Submitted by cpowell on Wed, 2007-07-11 20:00 Section: Daily DispatchesBy James Mackintosh
Financial Times, London
Wednesday, July 11, 2007
http://www.ft.com/cms/s/e839b922-2fdb-11dc-a68f-0000779fd2ac.html
An Australian hedge fund manager with almost $1 billion in junk-rated loans and troubled structured credits warned investors on Wednesday that it could restrict withdrawals to ensure its survival as it reported losses of 14 percent in one fund in June.
Russians trading dollars for their country's own currency
Submitted by cpowell on Wed, 2007-07-11 19:43 Section: Daily DispatchesBy Peter Fedynsky
Voice of America
Wednesday, July 11, 2007
http://www.voanews.com/english/2007-07-11-voa40.cfm
MOSCOW -- New figures released by the Russian Central Bank indicate that the amount of U.S. dollars held by private Russian citizens has dropped since 2002 from $35 billion to less than $12 billion as of July 1.
National Public Radio cites digital gold currency
Submitted by cpowell on Wed, 2007-07-11 19:35 Section: Daily Dispatches7:34p ET Wednesday, July 11, 2007
Dear Friend of GATA and Gold:
James Turk: The dollar plumbs new depths
Submitted by cpowell on Wed, 2007-07-11 10:25 Section: Daily Dispatches10:25a ET Wednesday, July 11, 2007
Dear Friend of GATA and Gold:
Now Japan is talking about diversifying out of dollar
Submitted by cpowell on Wed, 2007-07-11 01:16 Section: Daily DispatchesJapan Should Diversify Reserves,
Prime Minister's Adviser Says
By Shigeki Nozawa
Bloomberg News Service
Wednesday, July 11, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=at1OmRjIJsKU&refer=home
Thanks to Samex Mining for sponsoring GATA reception
Submitted by cpowell on Tue, 2007-07-10 21:59 Section: Daily Dispatches9:51p ET Tuesday, July 10, 2007
Dear Friend of GATA and Gold:
Dan Norcini: Gold price cappers aren't fooling anyone anymore
Submitted by cpowell on Tue, 2007-07-10 21:37 Section: Daily DispatchesBy Dan Norcini
JSMineset.com
Tuesday, July 10, 2007
If we can fool the public, there's no inflation, Fed chief says
Submitted by cpowell on Tue, 2007-07-10 20:58 Section: Daily DispatchesAnchored Expectations Mute Price Swings, Bernanke Says
By Scott Malone
Reuters
Tuesday, July 10, 2007
http://www.reuters.com/article/ousiv/idUSWAT00785520070710
CAMBRIDGE, Massachusetts -- Swings in volatile energy and food prices will have minimal impact on inflation as long as expectations of future price gains are held steady, Federal Reserve Chairman Ben Bernanke said on Tuesday.
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