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Daily Dispatches
You're back to normal, ECB chief tells markets, but they disagree
Submitted by cpowell on Tue, 2007-08-14 21:32 Section: Daily DispatchesECB Chief Fails to Reassure Markets
By Ralph Atkins, Michael Mackenzie, and Paul J. Davies
Financial Times, London
Tuesday, August 14, 2007
http://www.ft.com/cms/s/019d9176-4a2c-11dc-95b5-0000779fd2ac.html
Ted Butler: Amid the turmoil, a great setup
Submitted by cpowell on Tue, 2007-08-14 14:29 Section: Daily Dispatches2:30p ET Tuesday, August 14, 2007
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler looks at the latest traders reports in gold and silver and concludes that the next move is strongly up. His new analysis is headlined "Amid the Turmoil, a Great Setup," and you can find it at GoldSeek's companion site, SilverSeek, here:
Will commodities exchanges 'fail up' or 'fail down' with gold?
Submitted by cpowell on Tue, 2007-08-14 12:14 Section: Daily DispatchesNoon Tuesday, August 14, 2007
Dear Friend of GATA and Gold:
China eases foreign exchange controls
Submitted by cpowell on Tue, 2007-08-14 11:55 Section: Daily DispatchesBy the Associated Press
via Yahoo News
Tuesday, August 14, 2007
http://news.yahoo.com/s/ap/20070814/ap_on_bi_ge/china_foreign_exchange;_...
Hedge fund losses prompt exits as deadline nears
Submitted by cpowell on Tue, 2007-08-14 11:49 Section: Daily DispatchesBy Svea Herbst-Bayliss
Reuters
Tuesday, August 14, 2007
http://www.reuters.com/article/businessNews/idUSN1334595320070814
BOSTON -- For hedge funds, August 15 may be D-Day, when investors rattled by heavy losses demand their money back from big and small portfolios alike.
Learn from Rome's fall or else, U.S. comptroller general warns
Submitted by cpowell on Mon, 2007-08-13 23:23 Section: Daily DispatchesBy Jeremy Grant
Financial Times, London
Tuesday, August 14, 2007
http://www.ft.com/cms/s/80fa0a2c-49ef-11dc-9ffe-0000779fd2ac.html
James Turk: Patterns that reveal gold price capping
Submitted by cpowell on Mon, 2007-08-13 12:43 Section: Daily Dispatches12:38p ET Monday, August 13, 2007
Dear Friend of GATA and Gold:
In a new essay, GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, has plotted the price of gold against the Dow Jones Industrial Average to illustrate patterns of suppression of the gold price.
China reports inflation up sharply
Submitted by cpowell on Mon, 2007-08-13 12:23 Section: Daily DispatchesBy Joe McDonald
Associated Press
via Yahoo News
Monday, August 13, 2007
http://news.yahoo.com/s/ap/20070813/ap_on_bi_ge/china_inflation;_ylt=AhL...
Central banks continue market intervention but at reduced levels
Submitted by cpowell on Mon, 2007-08-13 12:11 Section: Daily DispatchesCentral Banks Extend Liquidity Provisions
By Chris Flood
Financial Times, London
Monday, August 13, 2007
http://www.ft.com/cms/s/737f70f0-497f-11dc-9ffe-0000779fd2ac.html
Central banks continued their battle to restore normal trading conditions to the global money market by injecting emergency liquidity for a third consecutive trading session on Monday.
Currency swap expected from Fed and ECB
Submitted by cpowell on Sun, 2007-08-12 21:29 Section: Daily DispatchesCentral Banks Seek to Unblock Markets
From the Financial Times, London
Sunday, August 12, 2007
http://www.ft.com/cms/s/f5124170-4910-11dc-b326-0000779fd2ac.html
Central banks are expected to continue intervening in the money markets on Monday in an effort to unblock the financial system after last week's turmoil.