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Daily Dispatches
Calpers approves big increase in commodity investments
Submitted by cpowell on Thu, 2008-02-28 10:30 Section: Daily DispatchesBy Saijel Kishan
Bloomberg News Service
Thursday, February 28, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aps_cctZFFP0
The California Public Employees Retirement System, the largest U.S. pension fund, may increase its commodities investments 16-fold to $7.2 billion through 2010 as raw materials prices surge to records.
Even Rhona O'Connell thinks IMF gold sales will mean little
Submitted by cpowell on Thu, 2008-02-28 08:52 Section: Daily Dispatches8:45a ET Thursday, February 28, 2008
Dear Friend of GATA and Gold:
Ron Paul shares the political wealth with like-minded candidates
Submitted by cpowell on Wed, 2008-02-27 21:55 Section: Daily DispatchesBy Jonathan Allen
Congressional Quarterly, Washington
Wednesday, February 27, 2008
http://www.cqpolitics.com/wmspage.cfm?docID=news-000002677795
Ron Paul is starting to give like-minded candidates a taste of the political gold he discovered on the Internet by lending his endorsement and renting out his donor list.
Industrial, political pressure rises on ECB to weaken euro
Submitted by cpowell on Wed, 2008-02-27 20:17 Section: Daily DispatchesFalling Dollar and Soaring Euro
Pose Threat of Jobs Exodus
By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 28, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/28/cneuro...
Russia quietly starts to shift its oil trade into rubles
Submitted by cpowell on Wed, 2008-02-27 19:58 Section: Daily DispatchesBy Andrew E. Kramer
The New York Times
Wednesday, February 27, 2008
http://www.nytimes.com/2008/02/27/business/worldbusiness/27place.html?re...
MOSCOW -- Americans surely found little to celebrate when the price of oil settled above $100 a barrel last week.
Asian central banks intervene to slow dollar's fall
Submitted by cpowell on Wed, 2008-02-27 14:19 Section: Daily DispatchesDollar Plunge Sends Asian Currencies Surging;
Some Central Banks Intervene in Market
By Arran Scott
Dow Jones Newswires
via Associated Press
and International Herald-Tribune, Paris
http://www.iht.com/articles/ap/2008/02/27/business/AS-FIN-MKT-Asian-Curr...
Fed chairman signals another interest rate cut
Submitted by cpowell on Wed, 2008-02-27 11:10 Section: Daily DispatchesBy Jeannine Aversa
Associated Press
via Yahoo News
Wednesday, February 27, 2008
http://news.yahoo.com/s/ap/20080227/ap_on_bi_ge/bernanke_congress
Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy.
Greenspan tells Gulf oil producers to dump the dollar
Submitted by cpowell on Tue, 2008-02-26 22:00 Section: Daily DispatchesDropping Gulf's Dollar Peg
Would Ease Inflation: Greenspan
By Souhail Karam and Stanley Carvalho
Reuters
Monday, February 25, 2008
http://www.reuters.com/article/ousivMolt/idUSL2515874520080225
Please don't expect sustained inflation, Bank of England deputy wimpers
Submitted by cpowell on Tue, 2008-02-26 20:58 Section: Daily DispatchesBank of England Fears Largest Peacetime Liquidity Crisis
By Angela Monaghan
The Telegraph, London
Tuesday, February 26, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/26/bcnlom...
Ted Butler: The real deal
Submitted by cpowell on Tue, 2008-02-26 20:35 Section: Daily Dispatches8:30p ET Tuesday, February 27, 2008
Dear Friend of GATA and Gold: