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Daily Dispatches
Royal Canadian Mint under strain to meet demand for gold
Submitted by cpowell on Fri, 2008-10-03 11:20 Section: Daily DispatchesBy Eric Lam
National Post, Toronto
Friday, October 3, 2008
http://network.nationalpost.com/np/blogs/fpposted/archive/2008/10/03/roy...
The plunging stock market in Canada has led to a spike in gold purchases, and gold brokers may soon have trouble keeping up with demand.
Rob Kirby: The invisible hand and the pox known as usury
Submitted by cpowell on Fri, 2008-10-03 11:11 Section: Daily Dispatches11a ET Friday, October 3, 2008
Dear Friend of GATA and Gold:
GATA consultant Rob Kirby of Kirby Analytics in Toronto analyzes the gold price suppression scheme in his new essay, "The Invisible Hand and the Pox Known as Usury," which you can find at GoldSeek here:
http://news.goldseek.com/GoldSeek/1223043197.php
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
Dan Norcini: Real gold isn't being sold off, only paper gold is
Submitted by cpowell on Thu, 2008-10-02 23:03 Section: Daily Dispatches10:55p ET Thursday, October 2, 2008
Dear Friend of GATA and Gold:
Franklin Sanders: Somebody's 'painting the tape' with gold and silver
Submitted by cpowell on Thu, 2008-10-02 22:39 Section: Daily DispatchesAs a Financial Tsunami Threatens, Everybody Runs to Sell Gold?
By Franklin Sanders
The Moneychanger
Thursday, October 2, 2008
Jason Hommel: If that silver price was real, you could get rich quick
Submitted by cpowell on Thu, 2008-10-02 22:20 Section: Daily Dispatches10:08p ET Thursday, October 2, 2008
Dear Friend of GATA and Gold (and Silver):
Jason Hommel of Silver Stock Report tonight explains how you could make fantastic amounts of money -- billions of percent each year -- by purchasing thousand-ounce bars of silver on the U.S. commodities exchanges and turning them into hundred-ounce bars for sale on the retail market.
Greece joins stampede for Europe-wide bank bailout
Submitted by cpowell on Thu, 2008-10-02 14:36 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 2, 2008
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/3124320...
Fed considers rate cut as recession fears mount
Submitted by cpowell on Thu, 2008-10-02 10:34 Section: Daily DispatchesBy Sudeep Reddy, Jon Hilsenrath, and Timothy Aeppel
The Wall Street Journal
Thursday, October 2, 2008
Federal Reserve officials are weighing further interest-rate cuts, even if Congress passes a $700 billion rescue plan, in the face of a deteriorating economic outlook and severely strained financial conditions.
Momentum grows to ease mark-to-market accounting rules
Submitted by cpowell on Wed, 2008-10-01 22:58 Section: Daily DispatchesBy Elizabeth Williamson and Kara Scannell
The Wall Street Journal
Thursday, October 2, 2008
http://online.wsj.com/article/SB122290736164696507.html
WASHINGTON -- The banking industry and a band of lawmakers have used the scramble to salvage the financial-markets rescue plan to give new life to an industry push to avoid billions in further write-downs with the stroke of a regulatory pen.
Former Treasury secretary calls bailout plan 'crazy'
Submitted by cpowell on Wed, 2008-10-01 22:45 Section: Daily DispatchesBy Brendan Murray
Bloomberg News
Wednesday, October 1, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=atJMmClVjevU&refer=home
Former U.S. Treasury Secretary Paul O'Neill said the $700 billion bank-rescue proposal under negotiation in Washington is "crazy," with potentially "awful" consequences for the world's largest economy.
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):