Daily Dispatches

Ted Butler: An exceptional opportunity

Submitted by cpowell on Mon, 2008-10-06 18:26 Section: Daily Dispatches

6:21p ET Monday, October 6, 2008

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler writes tonight in "An Exceptional Opportunity":

"We are currently positioned the best I have ever witnessed for risk and reward in silver. The downside looks extremely limited and the upside looks explosive. Yes, volatility is great, but everything is lined up perfectly."

Read more about Ted Butler: An exceptional opportunity

Grandich Letter migrates to Agoracom

Submitted by cpowell on Mon, 2008-10-06 17:22 Section: Daily Dispatches

'Paper Newsletter' Migrates Online

Subscription Base Key

By Grant Surridge
Financial Post / National Post, Toronto
Monday, October 06, 2008

http://www.financialpost.com/story.html?id=862395

It has scrambled the business model for print publications of all kinds, so it's hardly a surprise that the Internet is changing the game for investing newsletters too.

Read more about Grandich Letter migrates to Agoracom

Another henhouse, another fox

Submitted by cpowell on Mon, 2008-10-06 16:17 Section: Daily Dispatches

Paulson Picks Interim Head for Rescue Effort

By Martin Crutsinger
Associated Press
via Yahoo News
Monday, October 6, 2008

http://news.yahoo.com/s/ap/20081006/ap_on_bi_ge/meltdown_kashkari;_ylt=A...

WASHINGTON -- The administration has selected a former Goldman Sachs executive to be the interim head of its $700 billion rescue effort for financial institutions.

Read more about Another henhouse, another fox

It's not just the government and banks but the people too

Submitted by cpowell on Mon, 2008-10-06 03:41 Section: Daily Dispatches

3:38a ET Monday, October 6, 2008

Dear Friend of GATA and Gold:

NBC Television's "Saturday Night Live" program satirized the other night not only the U.S. government's response to the collapse of the banking system but also one of its causes, the venality of much of the citizenry. You can watch it here:

http://www.nbc.com/Saturday_Night_Live/video/clips/c-span-bailout/727521/

Read more about It's not just the government and banks but the people too

Lending to companies, states may be Fed's next crisis

Submitted by cpowell on Mon, 2008-10-06 02:12 Section: Daily Dispatches

By Scott Lanman and John Brinsley
Bloomberg News
Monday, October 6, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aktjzhZEdgfY&refer=home

WASHINGTON -- Federal Reserve Chairman Ben S. Bernanke may find the next fronts of the financial crisis to be just as chilling as last month's downfall of Wall Street titans: its spread to corporate America and state and local governments.

Read more about Lending to companies, states may be Fed's next crisis

British govt. would take shares in bailed-out banks

Submitted by cpowell on Mon, 2008-10-06 00:06 Section: Daily Dispatches

By Robert Winnett
The Telegraph, London
Monday, October 6, 2008

http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3141185...

Read more about British govt. would take shares in bailed-out banks

Fed under pressure to do more on credit crunch

Submitted by cpowell on Sun, 2008-10-05 23:57 Section: Daily Dispatches

By James Politi and Krishna Guha
Financial Times, London
Sunday, October 5, 2008

http://www.ft.com/cms/s/0/fd884db2-9311-11dd-98b5-0000779fd18c.html

WASHINGTON -- The Federal Reserve and US Treasury were on Sunday night under increasing pressure to follow passage of the $700 billion financial rescue plan with further measures to shock the ailing credit markets back to life.