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Daily Dispatches
Ben Davies: The world monetary earthquake -- the dash from cash
Submitted by cpowell on Tue, 2010-09-28 20:14 Section: Daily Dispatches8:12p ET Tuesday, September 28, 2010
Dear Friend of GATA and Gold:
Reflecting at the King World News blog, Hinde Capital CEO Ben Davies observes: "Within a single week 25 nations have deliberately slashed the values of their currencies. Nothing quite comparable with this has ever happened before in the history of the world. This world monetary earthquake will carry many lessons."
Dollar nears debt crisis, depreciation, China adviser warns
Submitted by cpowell on Tue, 2010-09-28 14:39 Section: Daily DispatchesDollar Is 'One Step Nearer' to Crisis on Burgeoning Debt Burden, Yu Says
By Shamim Adam and David Yong
Bloomberg News
Tuesday, September 28, 2010
http://www.bloomberg.com/news/2010-09-28/u-s-dollar-is-one-step-nearer-t...
Jonathan Kosares: Gold a bubble? Not even close
Submitted by cpowell on Mon, 2010-09-27 23:05 Section: Daily Dispatches11p ET Monday, September 27, 2019
Dear Friend of GATA and Gold:
Bank of England tells savers: Screw you; we're debasing the currency
Submitted by cpowell on Mon, 2010-09-27 20:45 Section: Daily DispatchesSavers Told to Stop Moaning and Start Spending
Robert Winnett and Myra Butterworth
The Telegraph, London
Monday, September 27, 2010
http://www.telegraph.co.uk/finance/personalfinance/savings/8028884/Saver...
World currency war has begun, Brazil's finance minister says
Submitted by cpowell on Mon, 2010-09-27 20:34 Section: Daily DispatchesBrazil in 'Currency War' Alert
By Jonathan Wheatley and Peter Garnham
Financial Times, London
Monday, September 27, 2010
An "international currency war" has broken out, according to Guido Mantega, Brazil's finance minister, as governments around the globe compete to lower their exchange rates to boost competitiveness.
2010 gold buffalo bullion coins sold out
Submitted by cpowell on Mon, 2010-09-27 17:56 Section: Daily Dispatches5:55p ET Monday, September 27, 2010
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: Fed is out of control, arranging debt default by stealth
Submitted by cpowell on Mon, 2010-09-27 17:51 Section: Daily DispatchesShut Down the Fed, Part II
By Ambrose Evans-Pritchard
The Telegraph, London
Monday, September 27, 2010
http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100007777/sh...
Fed desire for inflation spurs gold, Hathaway tells King World News
Submitted by cpowell on Mon, 2010-09-27 17:34 Section: Daily Dispatches5:33p ET Monday, September 27, 2010
Dear Friend of GATA and Gold:
Eric King of King World News has interviewed Tocqueville Gold Fund manager John Hathaway, whose fund has dramatically outperformed all the gold fund averages, like the HUI --
http://finance.yahoo.com/q/bc?t=1y&s=TGLDX&l=on&z=l&q=l&c=%5Ehui
CNBC Europe explains the Plunge Protection Team in action
Submitted by cpowell on Mon, 2010-09-27 12:26 Section: Daily Dispatches12:23p ET Monday, September 27, 2010
Dear Friend of GATA and Gold:
Zero Hedge today calls attention to a wonderful interview on CNBC Europe that discussed the Federal Reserve's goosing the equities markets and preventing their collapse through bond purchases, the Plunge Protection Team in action. You can find it at Zero Hedge here:
Germany won't sell gold for another year
Submitted by cpowell on Mon, 2010-09-27 11:46 Section: Daily DispatchesBy Jana Randow
Bloomberg News
Monday, September 27, 2010
http://www.bloomberg.com/news/2010-09-27/bundesbank-plans-to-sell-6-5-to...
FRANKFURT, Germany -- The Bundesbank plans to sell no more than 6.5 metric tons of gold in the second year of an agreement between central banks to limit bullion sales.