You are here
Daily Dispatches
AngloGold to reduce hedge book by 45%
Submitted by cpowell on Wed, 2008-05-07 02:07 Section: Daily DispatchesBy Jon A. Nones
Resource Investor
Wednesday, May 6, 2008
New CEO Mark Cutifani is not all talk. After months of openly expressing his distaste for AngloGold's massive gold hedge book, he announced plans during the company's quarterly results presentation on Tuesday to sell $1.6 billion worth of shares to cut the company's hedge book down by about 45%. ...
* * *
For the full story:
Is IMF trying to recover its gold by pretending to sell it?
Submitted by cpowell on Wed, 2008-05-07 01:08 Section: Daily Dispatches1a ET Wednesday, May 7, 2008
Dear Friend of GATA and Gold:
Ted Butler: Another sick new record
Submitted by cpowell on Mon, 2008-05-05 20:34 Section: Daily Dispatches8:30p ET Monday, May 5, 2008
Dear Friend of GATA and Gold:
Gene Arensberg: Back up truck on small gold, silver, uranium miners
Submitted by cpowell on Mon, 2008-05-05 14:14 Section: Daily Dispatches2:15p ET Monday, May 5, 2008
Dear Friend of GATA and Gold:
Michael Kosares: Has Europe declared war on the weak dollar?
Submitted by cpowell on Mon, 2008-05-05 13:51 Section: Daily Dispatches1:45p ET Monday, May 5, 2008
Dear Friend of GATA and Gold:
Peter Brimelow: Buggiest bugs show grit about gold
Submitted by cpowell on Mon, 2008-05-05 13:34 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, May 5, 2008
http://www.marketwatch.com/news/story/buggiest-bugs-show-grit-about/stor...
NEW YORK -- Gold gaps down, but the bugs are grimly determined. Again.
Asian nations commit $80 billion to set up their own IMF
Submitted by cpowell on Sun, 2008-05-04 15:23 Section: Daily DispatchesFrom Agence France-Presse
via Google News
Sunday, May 4, 2008
http://afp.google.com/article/ALeqM5hcecqtqYHXL0KY9rAPDXtHoFuWnA
MADRID, Spain -- Finance ministers of 13 Asian nations agreed here on Sunday to set up a foreign exchange pool of at least $80 billion (E52 billion) to be used in the event of another regional crisis.
China farms the world to feed a ravenous economy
Submitted by cpowell on Sun, 2008-05-04 15:07 Section: Daily DispatchesBy Denis D. Gray
Associated Press
via Yahoo News
Sunday, May 4, 2008
http://news.yahoo.com/s/ap/20080504/ap_on_re_as/china_farming_the_world;...
CHALEUNSOUK, Laos -- The rice fields that blanketed this remote mountain village for generations are gone. In their place rise neat rows of young rubber trees -- their sap destined for China.
Fed likely to prefer more lending over interest-rate cuts
Submitted by cpowell on Sat, 2008-05-03 20:00 Section: Daily DispatchesBy Dan Seymour
Associated Press
via Yahoo News
Saturday, May 3, 2008
http://news.yahoo.com/s/ap/20080503/ap_on_bi_ge/wall___main;_ylt=AtQunOP...
NEW YORK -- The Federal Reserve's decision Friday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any further, as they combat a credit crisis that is far from over.
Monetary policy is the forbidden issue of politics, Ron Paul says
Submitted by cpowell on Sat, 2008-05-03 19:56 Section: Daily Dispatches7:55p ET Saturday, May 3, 2008
Dear Friend of GATA and Gold:
Interviewed today by Nat Worden on TheStreet.com television, U.S. Rep. Ron Paul says monetary policy is the main cause of the problems in the United States, as well as the forbidden issue of the country's politics. You can watch the interview here: