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Daily Dispatches
GATA holds reception at New Orleans conference Nov. 18
Submitted by cpowell on Thu, 2006-10-26 08:22 Section: Daily Dispatches8:19a ET Thursday, October 26, 2006
Dear Friend of GATA and Gold:
The Gold Anti-Trust Action Committee invites its friends to an evening reception in a historic setting during and just a few blocks from the 2006 New Orleans Investment Conference:
Saturday, November 18, 2006
7-9 p.m.
Latrobe's on Royal
403 Royal St.
New Orleans, Louisiana
Tickets: $30 per person
Complimentary beer, wine, and hors d'oeuvres
Treasury's Paulson plays with the plunge protectors
Submitted by cpowell on Thu, 2006-10-26 08:02 Section: Daily DispatchesBy John Crudele
New York Post
Thursday, October 26, 2006
http://www.nypost.com/seven/10262006/business/treasurys_paulson_plays_wi...
Pay attention!
Someone -- and I don't know who -- wants us all to know that since July Henry Paulson, the new secretary of the U.S. Treasury, has spent a lot of time on a little known Washington operation called the President's Working Group on Financial Markets.
Will defeat in Iraq herald a repeat of post-Vietnam economic ills?
Submitted by cpowell on Wed, 2006-10-25 21:33 Section: Daily DispatchesWill defeat in Iraq
herald repeat
of post-Vietnam
economic ills?
By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, October 25, 2006
http://www.telegraph.co.uk/news/main.jhtml;jsessionid=KKHZ2LKM3ILEBQFIQM...
The slow agony of American defeat in Vietnam was intertwined with almost all the economic ills of the 1970s, the decade when capitalism veered off the rails and stock markets slumped.
Jeffrey Saut: Stock market acting unnaturally, as if it's being propped up
Submitted by cpowell on Tue, 2006-10-24 21:57 Section: Daily Dispatches9:56p ET Tuesday, Ocober 24, 2006
Dear Friend of GATA and Gold:
Investment manager Jeffrey Saut of Raymond James & Associates, who went on Canada's ROB-TV on Oct. 3 to complain about the rewriting of the Goldman Sachs Commodity Index and the plunge it triggered in commodity prices (see http://www.gata.org/node/4431), has more suspicions about market manipulation. He expresses them in his new commentary, "An Eerie Stillness," appended here.
Ted Butler: The real gold/silver ratio, Part 2
Submitted by cpowell on Tue, 2006-10-24 21:14 Section: Daily Dispatches9:04p ET Tuesday, October 24, 2006
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler is the master of metal valuations, and in his latest essay, "The Real Gold/Silver Ratio, Part 2," he concludes that silver has never been scarcer and less owned in the last century than it is today. He argues that if the amount of silver owned per capita had grown to the same extent that gold ownership per capita has grown since 1900, silver's price today would be $175 per ounce.
New treasury secretary revs up Working Group on Financial Markets ...
Submitted by cpowell on Mon, 2006-10-23 22:55 Section: Daily Dispatches... and wants even less regulation.
* * *
Paulson Pulls for U.S. Markets
Treasury Chief Aims to Tweak
Rules Some Say Are Crippling
The Nation's Competitiveness
By Deborah Solomon
The Wall Street Journal
Monday, October 23, 2006
WASHINGTON -- With just two years to make his mark, new Treasury Secretary Henry Paulson is focusing much of his attention on making American financial markets more competitive.
Counterfeiting, not barter, is thrust of threat against Liberty Dollar
Submitted by cpowell on Sun, 2006-10-15 10:15 Section: Daily DispatchesLiberty Dollar Medallions
Could Land Coin Collectors in Jail
By Tristan Scott
The Missoulian, Missoula, Montana
Sunday, October 15, 2006
http://www.missoulian.com/articles/2006/10/15/news/mtregional/news07.txt
A trendy alternative to legal tender, the Liberty Dollar, could now land coin-aisseurs in prison for up to five years, according to federal prosecutors.
"Although we haven't had any of these types of cases in Montana yet, the statute says using one of these coins as legitimate money could be a crime," said Kurt Alme, assistant U.S. attorney for Montana. "It looks like if you make or attempt to pass a coin of gold or silver as current money it's a crime."
F. William Engdahl: Crisis of the U.S. dollar system
Submitted by cpowell on Sat, 2006-10-14 23:41 Section: Daily DispatchesThis is the text a presentation at an international conference organized by Zeitschrift and held in Feldkirch, Austria, in September 2003. It was posted this week at GlobalResearch.ca.
* * *
By F. William Engdahl
http://www.globalresearch.ca/index.php?context=viewArticle&code=ENG20061...
It's accepted wisdom that the United States, despite recent problems, is still the strongest growth locomotive for the world economy, the pillar of the global system. What if we were to discover that, instead of being the pillar, that the United States was, in fact, the heart of a dysfunctional economic system, which is spreading instability, unemployment, and depression globally?
Co-ordinated bailouts may no longer be possible
Submitted by cpowell on Fri, 2006-10-13 12:53 Section: Daily DispatchesThe Credit Business
Is More Perilous Than Ever
By John Plender
Financial Times, London
Friday, October 13, 2006
http://www.ft.com/cms/s/e8d5eafe-5a57-11db-8f16-0000779e2340.html
The losses of the troubled Amaranth and Vega hedge funds have led to predictable calls for more hedge fund regulation. So too will the decision by Philippe Jabre, heavily fined by the Financial Services Authority, to set up a hedge fund in Geneva.
The wizard's farewell
Submitted by cpowell on Thu, 2006-10-12 23:31 Section: Daily Dispatches11:22p ET Thursday, October 12, 2006
Dear Friend of GATA and Gold:
Our friend R.P. writes:
"I love you guys and all but sometimes it seems as if you are only negative about world operations. Sorry, but I am in a good mood until I read most of your dispatches. I am a believer in the gold price suppression conspiracy but I believe more in peace of mind. Good luck and please put some positive dispatches in the loop."