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Daily Dispatches
Gary North: Why Bernanke is in panic mode
Submitted by cpowell on Sun, 2009-08-02 21:23 Section: Daily Dispatches9:22p ET Sunday, August 2, 2009
Dear Friend of GATA and Gold:
In his latest essay, "Why Bernanke Is in Panic Mode," financial letter writer Gary North (http://www.garynorth.com/) brilliantly exposes and demolishes the secret patronage on which the Federal Reserve system now is mainly based, patronage that risks exposure if U.S. Rep. Ron Paul's legislation to audit the Fed is ever enacted.
Wall Street benefits from Fed and Treasury
Submitted by cpowell on Sun, 2009-08-02 20:45 Section: Daily DispatchesBy Henny Sender
Financial Times, London
Sunday, August 2, 2009
http://www.ft.com/cms/s/0/ffa60e50-7f8c-11de-85dc-00144feabdc0.html
On a steamy July morning in New York recently, the US Federal Reserve, in accordance with announced plans, began purchasing $3 billion in government bonds maturing between February 2021 and 2026.
Prices rose in anticipation of the Fed move.
Wall Street makes 'luxurious' profits from trades with Fed
Submitted by cpowell on Sun, 2009-08-02 20:37 Section: Daily DispatchesBy Henny Sender
Financial Times, London
Sunday, August 2, 2009
http://www.ft.com/cms/s/0/e84383dc-7f8c-11de-85dc-00144feabdc0.html
Jay Taylor interviews James Turk on why you should save in gold
Submitted by cpowell on Sun, 2009-08-02 20:20 Section: Daily Dispatches8:15p ET Sunday, August 2, 2009
Dear Friend of GATA and Gold:
Artist Alain Despert's video upated with more reference to GATA
Submitted by cpowell on Sun, 2009-08-02 18:46 Section: Daily Dispatches6:42p ET Sunday, August 1, 2009
Dear Friend of GATA and Gold:
Fed's bailout loans are properly secret, judge rules
Submitted by cpowell on Sat, 2009-08-01 18:35 Section: Daily DispatchesBy Grant McCool
Reuters
Thursday, July 30, 2009
http://www.reuters.com/article/newsOne/idUSN3037958120090730
NEW YORK -- A U.S. judge on Thursday denied a bid by Fox News Network LLC seeking details from the Board of Governors of the Federal Reserve about the central bank's loans to companies affected by the financial crisis.
A Hong Kong gold merchant seeks fortune in China
Submitted by cpowell on Sat, 2009-08-01 14:37 Section: Daily DispatchesBy Joyce Hor-chung Lau
The New York Times
Friday, July 31, 2009
http://www.nytimes.com/2009/08/01/business/global/01spot.html?
Mint must prove rare seized coins were stolen
Submitted by cpowell on Sat, 2009-08-01 14:21 Section: Daily DispatchesBy MaryClaire Dale
The Associated Press
via Google News
Friday, July 31, 2009
http://www.google.com/hostednews/ap/article/ALeqM5iNa23R6oJQcat8uERblqfb...
PHILADELPHIA -- The U.S. government improperly seized a set of extremely rare and valuable "double eagle" coins from a Philadelphia jeweler's descendants and must win a forfeiture case to keep them, a judge ruled this week.
Mark Lundeen: U.S. dollar production vs. commodity production
Submitted by cpowell on Sat, 2009-08-01 14:10 Section: Daily Dispatches2p ET Saturday, August 1, 2009
Dear Friend of GATA and Gold:
Liberty Dollar suspends operations pending counterfeiting trial
Submitted by cpowell on Sat, 2009-08-01 11:10 Section: Daily DispatchesBy Bernard von NotHaus
LibertyDollar.org
Saturday, August 1, 2009
It is with a very heavy heart that I regret to inform you that I have suspended (closed) the Liberty Dollar operation until I am acquitted.
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