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Daily Dispatches
IMF may be starting to fall apart
Submitted by cpowell on Sun, 2007-10-21 11:07 Section: Daily DispatchesIMF Fails to Make Progress on Reforms
By Chris Giles and Eoin Callan
Financial Times, London
Sunday, October 21, 2007
http://www.ft.com/cms/s/0/e2d8b350-7f8d-11dc-acce-0000779fd2ac.html?ncli...
Barclays, RBS prepare emergency credit with Fed
Submitted by cpowell on Sun, 2007-10-21 10:53 Section: Daily DispatchesBy Ian Dey
The Telegraph, London
Sunday, October 21, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=XKBX04TQ1EM4BQFIQ...
Barclays and Royal Bank of Scotland have lined up emergency funds of up to $30 billion (L15 billion) from the US Federal Reserve to bail out American clients caught up in the global credit crunch.
U.S. vetoed mention of falling dollar in G-7's statement
Submitted by cpowell on Sun, 2007-10-21 00:04 Section: Daily DispatchesEdmund Conway
The Telegraph, London
Sunday, October 21, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/21/cng712...
WASHINGTON -- European finance ministers this weekend failed in their bid to slap down the United States for allowing the dollar to plunge to record lows against the euro.
G-7's silence on dollar construed as license to keep selling
Submitted by cpowell on Sat, 2007-10-20 23:49 Section: Daily DispatchesDollar May Extend Slump as G-7
Fails to Address Record Slide
By Bo Nielsen and Min Zeng
Bloomberg News Service
Saturday, October 20, 2007
http://www.bloomberg.com/apps/news?pid=20601103&sid=aKBy2zsuydgk&refer=us
Russia is OK with a gradual decline of U.S. dollar
Submitted by cpowell on Sat, 2007-10-20 13:32 Section: Daily DispatchesFrom Itar-Tass News Agency, Moscow
Saturday, October 20, 2007
http://www.itar-tass.com/eng/level2.html?NewsID=11988432&PageNum=0
WASHINGTON -- Russia is interested in gradual U.S. dollar decline, Russian Vice Premier and Finance Minister Alexei Kudrin said. He participated in the Group of Eight finance minister and central bank head meeting in Washington.
Greenspan rescued LTCM but isn't wild about new bailout
Submitted by cpowell on Sat, 2007-10-20 13:17 Section: Daily DispatchesGreenspan Questions 'Superfund'
By Krishna Guha and David Wighton in New York
Financial Times, London
Friday, October 19, 2007
http://www.ft.com/cms/s/0/0f79b248-7e5c-11dc-8fac-0000779fd2ac.html?ncli...
Michael Kosares: What gold owners can learn from the stock bull market of the '90s
Submitted by cpowell on Thu, 2007-10-18 10:23 Section: Daily DispatchesGold Price Relativity
What Gold Owners Can Learn from
the Stock Bull Market of the 1990s
By Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Wednesday, October 17, 2007
Australasian Investment Review notes gold market manipulation
Submitted by cpowell on Thu, 2007-10-18 10:05 Section: Daily DispatchesBig Move Coming in Gold Price?
From the Australasian Investment Review
www.aireview.com.au
via Yahoo News
Thursday, October 18, 2007
http://au.biz.yahoo.com/071018/27/1g3fl.html
For many investors, the gold market is an esoteric one, to put it mildly.
Peter Brimelow: U.S. disclosure cited as proof of gold cartel's price-capping efforts
Submitted by cpowell on Thu, 2007-10-18 09:42 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Thursday, October 18, 2007
http://www.marketwatch.com/news/story/gold-bugs-were-right/story.aspx?gu...
NEW YORK -- Gold froths, but the gold bugs think they have new reason to be confident.
Recently I asked: "Could gold be 'melting up?'"
Old U.S. Mint in New Orleans reopens Saturday with gold exhibit
Submitted by cpowell on Wed, 2007-10-17 00:51 Section: Daily DispatchesBy Stacey Plaisance
Associated Press
via Yahoo News
Tuesday, October 16, 2007
http://news.yahoo.com/s/ap/20071016/ap_en_ot/old_mint_gold_1
NEW ORLEANS -- The Old U.S. Mint in New Orleans is reopening to the public for the first time since Hurricane Katrina with an exhibit this weekend that couldn't be more fitting: "Gold."