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Daily Dispatches
Let them mint paper: Now they're out of Krugerrands too
Submitted by cpowell on Thu, 2008-08-28 15:26 Section: Daily DispatchesIt must have killed Bloomberg's Claudia Carpenter to have to report this.
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World's Largest Gold Refiner Runs Out of Krugerrands
By Claudia Carpenter
Bloomberg News Service
Thursday, August 28, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=acH4WhPh1WJ0
Two competing silver prices in Never-Never Land
Submitted by cpowell on Wed, 2008-08-27 23:53 Section: Daily Dispatches11:50p ET Wednesday, August 27, 2008
Dear Friend of GATA and Gold:
Market analyst Peter DeGraaf's new commentary remarks humorously on the increasing separation of the price of silver and the price of paper promises to deliver silver. DeGraaf's commentary is headlined "Once Upon A Time, In Never-Never Land, There Were Two Competing Silver Prices," and you can find it at Gold-Eagle here:
'For every long there is a short' is no argument
Submitted by cpowell on Wed, 2008-08-27 21:21 Section: Daily Dispatches9:20p ET Wednesday, August 27, 2008
Dear Friend of GATA and Gold:
Dollar rescue plan was drawn in March, Japanese paper says
Submitted by cpowell on Wed, 2008-08-27 20:11 Section: Daily Dispatches8p ET Wednesday, August 27, 2008
Dear Friend of GATA and Gold:
Greg Peel: The great U.S. gold shortage
Submitted by cpowell on Wed, 2008-08-27 07:01 Section: Daily Dispatches7p ET Wednesday, August 27, 2008
Dear Friend of GATA and Gold:
Greg Peel cites GATA as he speculates on "The Great U.S. Gold Shortage" at FNArena here:
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=FC7CEB81-1871-E587...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
FDIC weighs tapping Treasury as funds run low
Submitted by cpowell on Wed, 2008-08-27 06:50 Section: Daily DispatchesShort-Term Loans
Might Be Needed
After a Bank Failure
By Damian Paletta and Jessica Holzer
The Wall Street Journal
Wednesday, August 27, 2008
WASHINGTON -- Federal Deposit Insurance Corp. Chairman Sheila Bair said Tuesday her agency might have to borrow money from the Treasury Department to see it through an expected wave of bank failures.
Washington Post reporter gets interested
Submitted by cpowell on Tue, 2008-08-26 14:36 Section: Daily Dispatches2:35p ET Tuesday, August 26, 2008
Dear Friend of GATA and Gold:
China's stealth intervention supports dollar
Submitted by cpowell on Mon, 2008-08-25 23:52 Section: Daily DispatchesBeijing Swells Dollar Reserves Through Stealth
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, August 26, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/26/ccchin...
Credit insurance obligations cloud bailout of Freddie, Fannie
Submitted by cpowell on Mon, 2008-08-25 23:40 Section: Daily DispatchesWhat Will Mac 'n' Mae Cost You and Me?
By Gretchen Morgenson
The New York Times
Sunday, August 24, 2008
http://www.nytimes.com/2008/08/24/business/24gret.html?_r=1&ref=business&o
China warns U.S. against failure of Fannie, Freddie
Submitted by cpowell on Mon, 2008-08-25 23:24 Section: Daily DispatchesFannie, Freddie Failure Would Be World 'Catastrophe'
By Kevin Hamlin
Bloomberg News Service
Friday, August 22, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aslo2E01QVFI
BEIJING -- A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China's central bank.