Daily Dispatches

China aims at dollar but Europe could get hit as euro soars

Submitted by cpowell on Thu, 2007-11-08 01:24 Section: Daily Dispatches

By Lisa Twaronite
MarketWatch.com
Wednesday, November 7, 2007

http://www.marketwatch.com/news/story/china-aims-dollar-europe-could/sto...

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Gold eyes all-time high on currency crisis fears

Submitted by cpowell on Thu, 2007-11-08 01:15 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, November 7, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/07/bcngol...

Gold has surged to $846 an ounce on fears of a dollar collapse and signs of spreading credit crisis in the United States, coming within a whisker of the all-time high seen at the end of the 1970s inflation era.

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Flush with cash, Ron Paul has hopes for New Hampshire

Submitted by cpowell on Thu, 2007-11-08 00:37 Section: Daily Dispatches

By Norma Love
Associated Press
via Yahoo News
Wednesday, November 7, 2007

http://news.yahoo.com/s/ap/20071107/ap_on_el_pr/ron_paul_ap_interview;_y...

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Fed officials hint at potential for still lower interest rates

Submitted by cpowell on Thu, 2007-11-08 00:31 Section: Daily Dispatches

By Ros Krasny
Reuters
via Yahoo News
Wednesday, November 7, 2007

http://news.yahoo.com/s/nm/20071107/bs_nm/usa_fed_dc;_ylt=AijlHAlq905n9G...

MILWAUKEE, Wisconsin -- Federal Reserve officials on Wednesday said more interest rate cuts could be needed if economic growth proves weaker than expected, just a week after hinting that rates would probably stay steady for now.

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On the verge of a worldwide currency crisis

Submitted by cpowell on Thu, 2007-11-08 00:24 Section: Daily Dispatches

Sarkozy Fears 'Economic War' as Dollar Slides

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, November 8, 2007

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=V3TQOP1R3VY03QFIQ...

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Peter Grandich explains support for GATA

Submitted by cpowell on Wed, 2007-11-07 23:40 Section: Daily Dispatches

11:35p ET Wednesday, November 7, 2007

Dear Friend of GATA and Gold:

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James Turk: Gold's infallible indicator -- six months later

Submitted by cpowell on Wed, 2007-11-07 16:43 Section: Daily Dispatches

4:45p ET Wednesday, November 7, 2007

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has checked his infallible predictor of the gold price and reports that it continues to work perfectly. Turk's new essay is headlined "Gold's Infallible Indicator -- Six Months Later," and you can find it at Kitco here:

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Dollar falls to record low on Chinese talk of diversifying reserves

Submitted by cpowell on Wed, 2007-11-07 08:21 Section: Daily Dispatches

By Agnes Lovasz and Stanley White
Bloomberg News Service
Wednesday, November 7, 2007

http://www.bloomberg.com/apps/news?pid=20601080&sid=aOiMD2UBRYd8

The dollar fell the most since September against the currencies of its six biggest trading partners after Chinese officials signaled plans to diversify the nation's $1.43 trillion of foreign exchange reserves.