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Daily Dispatches
Did the central banks REALLY 'blow it' with gold?
Submitted by cpowell on Mon, 2007-11-12 14:34 Section: Daily Dispatches2:30p ET Monday, November 12, 2007
Dear Friend of GATA and Gold:
Give the analyst below some credit for noting the incongruity in central bank sales of gold in a sharply rising market. But he gets no credit for failing to pose some obvious questions, starting with: What less-visible benefit might accrue to central banks selling gold?
Digital gold as replacement for dollar is cited in Washington Post
Submitted by cpowell on Mon, 2007-11-12 11:39 Section: Daily DispatchesThe Dollar in Danger
By Sebastian Mallaby
Washington Post
Monday, November 12, 2007
http://www.washingtonpost.com/wp-dyn/content/article/2007/11/11/AR200711...
James Turk: The last hurdle
Submitted by cpowell on Mon, 2007-11-12 08:45 Section: Daily Dispatches8:45a ET Monday, November 12, 2007
Dear Friend of GATA and Gold:
Currency controls are already in operation to counter dollar's fall
Submitted by cpowell on Sun, 2007-11-11 20:31 Section: Daily DispatchesCurrency Controls Return
as Central Banks
Fight Dollar Freefall
By Gavin Finch and Ye Xie
Bloomberg News Service
Monday, November 12, 2007
http://www.bloomberg.com/apps/news?pid=20601080&sid=ad3SyUGo78L0
Central banks from Bogota to Mumbai are imposing foreign-exchange curbs to take control of their soaring currencies from traders dumping the dollar.
Thomas Tan: Central banks and gold -- manipulation or money management?
Submitted by cpowell on Sun, 2007-11-11 18:58 Section: Daily Dispatches6:55p ET Sunday, November 11, 2007
Dear Friend of GATA and Gold:
Greenback is worth nothing in terms of American pride
Submitted by cpowell on Sun, 2007-11-11 13:22 Section: Daily DispatchesTim Harper
Toronto Star
Friday, November 9, 2007
http://www.thestar.com/News/article/275023
MUSCATINE, Iowa -- An American rap star and entrepreneur celebrates his wealth with a wad of euros in a new video.
A Brazilian supermodel reportedly declines payment in U.S. dollars. A newfound French friend warns of international economic war.
Banks reported agreed on credit backup fund
Submitted by cpowell on Sun, 2007-11-11 12:59 Section: Daily DispatchesBy Eric Dash
The New York Times
Sunday, November 11, 2007
http://www.nytimes.com/2007/11/11/business/11bank.html?ref=business
Peter Brimelow: Veterans aren't panicking over Dow's plunge
Submitted by cpowell on Fri, 2007-11-09 08:56 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Thursday, November 8, 2007
http://www.marketwatch.com/news/story/veterans-arent-panicking-over-dows...
NEW YORK -- Phooey! Wednesday's 360-point Dow drop was only the fifth-worst of day of 2007, and the index still up for the year. Why worry?
Rio Tinto could be in the sights of more suitors, analysts say
Submitted by cpowell on Thu, 2007-11-08 22:14 Section: Daily DispatchesBy James Regan
Reuters
via Yahoo News
Thursday, November 8, 2007
http://news.yahoo.com/s/nm/20071109/bs_nm/riotinto_bhpbilliton1_dc;_ylt=...
SYDNEY, Australia -- Rio Tinto Ltd/Plc could be in the sights of more corporate suitors after rebuffing a $140 billion all-share takeover proposal from rival miner BHP Billiton Ltd/Plc.
Rio Tinto soars after spurned bid from Billiton
Submitted by cpowell on Thu, 2007-11-08 08:35 Section: Daily DispatchesBy Mark Potter and Eric Onstad
Reuters
Thursday, November 8, 2007
http://news.yahoo.com/s/nm/20071108/bs_nm/rio_tinto_bhp_billiton_dc;_ylt...
BHP Billiton has made a long-awaited bid approach to Rio Tinto in a move aimed at creating a $350 billion-plus mining giant, but Rio rejected the all-share proposal as too low.
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