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Daily Dispatches
Comex prices aren't real, so root for them to go to zero
Submitted by cpowell on Wed, 2008-10-01 20:45 Section: Daily Dispatches8:40p ET Wednesday, October 1, 2008
Dear Friend of GATA and Gold (and Silver):
Ambrose Evans-Pritchard: Europe's banks more leveraged than U.S. banks
Submitted by cpowell on Wed, 2008-10-01 20:03 Section: Daily DispatchesSo Much for Tirades Against American Greed
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 2, 2008
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/311899...
James Turk: Wealth destruction now is inflationary
Submitted by cpowell on Wed, 2008-10-01 13:58 Section: Daily Dispatches2p ET Wednesday, October 1, 2008
Dear Friend of GATA and Gold:
Investors start fresh gold rush
Submitted by cpowell on Wed, 2008-10-01 11:51 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Wednesday, October 1, 2008
http://www.ft.com/cms/s/0/9ce251de-8f37-11dd-946c-0000779fd18c.html?ncli...
"Fiat money, in extremis, is accepted by nobody," Alan Greenspan, the former chairman of the US Federal Reserve, told lawmakers in Washington almost a decade ago. "Gold is always accepted," he added.
World begins to notice U.S. irreponsibility and hypocrisy
Submitted by cpowell on Tue, 2008-09-30 21:40 Section: Daily DispatchesU.S. 'Casino' Mentality Blamed for Planet's Meltdown
By Alan Clendenning
Associated Press
via Yahoo News
Tuesday, September 30, 3008
http://news.yahoo.com/s/ap/20080930/ap_on_re_la_am_ca/lt_meltdown_pointi...
Remember, only gold and silver markets are NOT rigged
Submitted by cpowell on Tue, 2008-09-30 21:22 Section: Daily Dispatches9:11p ET Tuesday, September 30, 2008
Dear Friend of GATA and Gold:
Even though U.S. Treasury Secretary Henry Paulson was quoted yesterday, as in the Bloomberg News story appended here, as saying that the U.S. government would use "'all the tools at our disposal' to protect the financial markets". ...
Ireland's guarantee of banks is twice country's GNP
Submitted by cpowell on Tue, 2008-09-30 20:23 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, September 30, 2008
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3111122...
'Unseen' and 'unprecedented' demand for bullion by rich
Submitted by cpowell on Tue, 2008-09-30 20:09 Section: Daily DispatchesWealthy Investors Hoard Bullion
By Javier Blas
Financial Times, London
Tuesday, September 30, 2008
http://www.ft.com/cms/s/0/bf8246aa-8f13-11dd-946c-0000779fd18c.html?ncli...
Worldwide interest rate cuts on the way?
Submitted by cpowell on Tue, 2008-09-30 00:21 Section: Daily DispatchesNo doubt with corresponding central bank intervention against the price of gold.
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Fed May Need to Dip Into Toolbox Further as Congress Scrambles
By Scott Lanman and Steve Matthews
Bloomberg News
Tuesday, September 20, 2008
http://www.bloomberg.com/apps/news?pid=20601110&sid=aWt_BBW6ddl0
Fed, other central banks offer billions more in loans
Submitted by cpowell on Tue, 2008-09-30 00:10 Section: Daily DispatchesTo view the illustration for this story:
http://eos.gata.org/files/MannaFromBernanke.jpg
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By Jeannine Aversa
Associated Press
via Yahoo News
Monday, September 29, 2008
http://news.yahoo.com/s/ap/20080929/ap_on_bi_ge/fed_credit_crisis;_ylt=A...