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Daily Dispatches
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.
Goldman Sachs takes over New York Stock Exchange
Submitted by cpowell on Mon, 2007-02-26 21:16 Section: Daily DispatchesAnother Goldman Joins NYSE, as President
By Aaron Lucchetti
The Wall Street Journal
Tuesday, February 27, 2007
Chavez decrees takeover of Venezuelan oil projects run by foreigners
Submitted by cpowell on Mon, 2007-02-26 21:12 Section: Daily DispatchesBy Natalie Obiko Pearson
Associated Press
via Yahoo News
Monday, February 26, 2007
http://news.yahoo.com/s/ap/20070227/ap_on_re_la_am_ca/venezuela_oil_nati...
CARACAS, Venezuela -- President Hugo Chavez ordered by decree on Monday the takeover of oil projects run by foreign oil companies in Venezuela's Orinoco River region.
Are central banks preparing to prop up stocks directly?
Submitted by cpowell on Mon, 2007-02-26 21:06 Section: Daily DispatchesCentral Banks Seek Riskier Assets
By Chris Giles
Financial Times, London
Monday, February 26, 2007
http://www.ft.com/cms/s/b8d61278-c53e-11db-b110-000b5df10621.html
Gold council's ETF reaches $10 billion in assets
Submitted by cpowell on Mon, 2007-02-26 13:23 Section: Daily DispatchesState Street Global Markets LLC Press Release
via Business Wire
Monday, February 26, 2007
http://home.businesswire.com/portal/site/google/index.jsp?ndmViewId=news...
Technical analysis likes metals; central bankers read it, and don't
Submitted by cpowell on Mon, 2007-02-26 08:22 Section: Daily Dispatches8:21a ET Monday, February 26, 2007
Dear Friend of GATA and Gold:
There's some awfully serious technical analysis of the gold and silver markets this morning:
Euro and gold look better to central banks for reserves
Submitted by cpowell on Sun, 2007-02-25 20:21 Section: Daily DispatchesBy Paul Hannon
Dow Jones Newswires
via FXStreet.com
Sunday, February 25, 2007
http://www.fxstreet.com/news/forex-news/article.aspx?StoryId=05a6663e-d0...
Peter Schiff: Is the Fed finally losing its credibility?
Submitted by cpowell on Sat, 2007-02-24 00:45 Section: Daily Dispatches12:40a ET Saturday, February 24, 2007
Dear Friend of GATA and gold:
Euro-Pacific Capital's Peter Schiff speculates that the surprising strength of gold shows that the markets are calling the Federal Reserve's bluff about guarding against inflation.
In his new essay, "Is the Fed Finally Losing Its Credibility?," Schiff writes:
With gold assets scarce, Barrick will mine other metals
Submitted by cpowell on Fri, 2007-02-23 23:58 Section: Daily DispatchesBarrick Gold Looks Beyond Yellow Metal
Lisa Wright
Toronto Star
Friday, February 23, 2007
http://www.thestar.com/Business/article/184912
Nickel, copper, zinc. Silver, platinum, palladium. Even energy.