You are here
Daily Dispatches
U.S. plots takeover of two mortgage giants
Submitted by cpowell on Fri, 2008-07-11 00:40 Section: Daily DispatchesBy Stephen Labaton and Steven R. Weisman
The New York Times
Friday, July 11, 2008
http://www.nytimes.com/2008/07/11/business/11fannie.html?_r=1&hp&
Russia is most likely midwife of a fairer world economic order
Submitted by cpowell on Thu, 2008-07-10 17:11 Section: Daily DispatchesBlame the Dollar
By Massoud Hedeshi
Al Jazeera.net, Doha, Qatar
Thursday, July 10, 2008
http://english.aljazeera.net/focus/2008/06/200862371431417772.html
The US economic powerhouse is running out of ideas and cash as it jostles with a massive national debt, housing, and financial crises, rising inflation, and a depreciating currency.
South Korea increases currency market intervention
Submitted by cpowell on Wed, 2008-07-09 22:40 Section: Daily Dispatches10:40p ET Wednesday, July 9, 2008
Dear Friend of GATA and Gold:
Abu Dhabi buys Chrysler Building; next -- Mount Rushmore?
Submitted by cpowell on Wed, 2008-07-09 22:02 Section: Daily DispatchesBy Amy Westfeldt
Associated Press
via Yahoo News
Wednesday, July 9, 2008
http://news.yahoo.com/s/ap/20080709/ap_on_bi_ge/chrysler_building_5
NEW YORK -- An Abu Dhabi investment fund has bought a 75 percent stake in the Chrysler Building, one of the best-known landmarks on the city skyline.
USAGold's annual investment survey: Gold beats all except CRB index
Submitted by cpowell on Wed, 2008-07-09 19:18 Section: Daily Dispatches7p ET Wednesday, July 9, 2008
Dear Friend of GATA and Gold:
South Korea to triple base metal reserves
Submitted by cpowell on Wed, 2008-07-09 11:37 Section: Daily DispatchesBy Miyoung Kim
Reuters
Wednesday, July 9, 2008
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSSE...
SEOUL, South Korea -- Resource-hungry South Korea plans to triple its base metal reserve stockpiles to ease tight domestic supply as manufacturers struggle to secure raw materials due to soaring commodity prices, the government said Wednesday.
Vegas conference features debate on gold price suppression
Submitted by cpowell on Wed, 2008-07-09 01:14 Section: Daily Dispatches1:15a ET Wednesday, July 9, 2008
Dear Friend of GATA and Gold:
Resource Investor's Hard Assets Investment Conference in Las Vegas, Nevada, to be held Tuesday and Wednesday, September 9 and 10, will feature something for which GATA has been practically begging for years -- a debate over whether financial institutions are colluding to suppress the price of gold.
Vietnam real estate trade sees some shift to gold
Submitted by cpowell on Tue, 2008-07-08 14:58 Section: Daily DispatchesFrom VietNamNet Bridge
Tuesday, July 8, 2008
http://english.vietnamnet.vn/biz/2008/07/792484/
After a long period of quoting land prices in Vietnamese dong, landlords are now setting prices in gold instead in order to avoid risks from the dong's devaluation.
Bingo! The money's no good anymore
Submitted by cpowell on Tue, 2008-07-08 14:07 Section: Daily Dispatches2:05p ET Tuesday, July 8, 2008
Dear Friend of GATA and Gold:
For a wonderful anecdote suggesting that it's not the times that are out of joint or even commodity prices but rather the sort of money being used lately, you may enjoy the brief essay by Doug French, associate editor of Liberty Watch magazine, posted at Lew Rockwell's Internet site. It's titled "Bingo!" and you can find it here:
Ted Butler: The sole silver price depressant
Submitted by cpowell on Tue, 2008-07-08 14:00 Section: Daily Dispatches2p ET Tuesday, July 8, 2008
Dear Friend of GATA and Gold:
Pages
