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Daily Dispatches
U.S. near deal on Fannie, Freddie
Submitted by cpowell on Fri, 2008-09-05 20:55 Section: Daily DispatchesOptions Include Injecting
Capital in Mortgage Giants;
Management Shakeup Coming
By Deborah Solomon and Damian Paletta
The Wall Street Journal
Saturday, September 6, 2008
http://online.wsj.com/article/SB122064650145404781.html?mod=hpp_us_whats...
Toni Straka: Dichotomy in Western European gold and silver prices
Submitted by cpowell on Fri, 2008-09-05 08:55 Section: Daily Dispatches8:51a ET Friday, September 5, 2008
Dear Friend of GATA and Gold:
The growing contrast between the prices of commodity exchange gold and silver and actual silver is examined by Toni Straka, editor of The Prudent Investor, in commentary posted at 24hGold, "Dichotomy in Western European Gold and Silver Prices," which you can find here:
Indian customers lured by gold's lower price
Submitted by cpowell on Fri, 2008-09-05 08:32 Section: Daily DispatchesBy Javier Blas and Shyamantha Asokan
Financial Times, London
Friday, September 5, 2008
http://www.ft.com/cms/s/0/89cfe296-7aba-11dd-adbe-000077b07658.html?ncli...
LONDON -- Gold demand in India is booming as retail consumers in the yellow metal's biggest importer return to the market after a 20 per cent fall in the price of bullion.
China's central bank is short of capital
Submitted by cpowell on Thu, 2008-09-04 22:32 Section: Daily DispatchesBy Keith Bradsher
The New York Times
Thursday, September 4, 2008
http://www.nytimes.com/2008/09/05/business/worldbusiness/05yuan.html?ref...
HONG KONG -- China's central bank is in a bind.
Banks reel as ECB redraws funding rules
Submitted by cpowell on Thu, 2008-09-04 20:56 Section: Daily DispatchesBy Ralph Atkins, Anousha Sakoui, and Paul J. Davies
Financial Times, London
Thursday, September 4, 2008
http://www.ft.com/cms/s/0/b65c2842-7a6a-11dd-adbe-000077b07658.html?ncli...
Bank stocks in Europe and the UK fell sharply and the risk of owning their debt leapt on Thursday after the European Central Bank declared a crackdown on abuses of its bank liquidity operations.
U.S. must buy more assets to prevent 'tsunami,' bond manager Gross says
Submitted by cpowell on Thu, 2008-09-04 14:44 Section: Daily DispatchesBy Jody Shenn
Bloomberg News Service
Thursday, September4, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aZLLPW9YEa60&refer=home
NEW YORK -- The U.S. government needs to start using more of its money to support markets to stem a burgeoning "financial tsunami," according to Bill Gross, manager of the world's biggest bond fund.
Troubled lenders' junk swaps with Bank of England soar
Submitted by cpowell on Tue, 2008-09-02 20:51 Section: Daily DispatchesLenders May Have Tapped Bank Scheme for L200 Billion
By Philip Aldrick
The Telegraph, London
Tuesday, September 9, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/09/03/cnsls1...
Ted Butler challenges CFTC to detail biggest silver short
Submitted by cpowell on Tue, 2008-09-02 14:32 Section: Daily Dispatches2:30p ET Tuesday, September 2, 2008
Dear Friend of GATA and Gold (and Silver):
Silver market analyst Ted Butler today elaborates on his disclosure of the recent hyper-concentration of the short position in the silver market, speculating that it was a U.S. government operation. Butler writes:
Peter Brimelow: Radical gold bugs say manipulation will fail
Submitted by cpowell on Tue, 2008-09-02 00:49 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Tuesday, September 2, 2008
http://www.marketwatch.com/news/story/radical-gold-bugs-say-manipulation...
NEW YORK -- Down but not out.
The radical gold bugs have taken some body blows recently, but they're still fighting, and gold is still struggling back.
James Turk: Uptrends continue for gold and silver
Submitted by cpowell on Mon, 2008-09-01 22:03 Section: Daily Dispatches10p ET Monday, September 1, 2008
Dear Friend of GATA and Gold: