You are here
Daily Dispatches
Teck Cominco offers 29% premium for Aur Resources
Submitted by cpowell on Tue, 2007-07-03 08:59 Section: Daily DispatchesFrom Reuters
via Yahoo News
Tuesday, July 2, 2007
http://news.yahoo.com/s/nm/20070703/bs_nm/teck_aur_dc;_ylt=AqFVv0t2igQa2...
TORONTO -- Teck Cominco said on Tuesday it would buy Aur Resources in a friendly cash and stock offer worth C$4.1 billion ($3.87 billion), boosting the base metal giant's copper production.
Mining-state senators want cap gains tax cut for metals
Submitted by cpowell on Tue, 2007-07-03 00:10 Section: Daily DispatchesCrapo, Reid Seek Reductions
in Precious Metals Taxes
Fair Treatment for
Precious Metals Investment Act
Lowers Capital Gains Rate
U.S. Senate Press Release
Tuesday, June 5, 2007
http://crapo.senate.gov/media/newsreleases/release_full.cfm?id=275532
David Bond: Silver Summit 2007 -- a magical mystery tour
Submitted by cpowell on Mon, 2007-07-02 20:54 Section: Daily Dispatches8:45p ET Monday, July 2, 2007
Dear Friend of GATA and Gold:
The call for the 2007 Silver Summit, to be held in September in the fabled Silver Valley of northern Idaho, was proclaimed today by David Bond, editor of the Silver Valley Mining Journal.
James Turk: The antidote for subprime woes
Submitted by cpowell on Mon, 2007-07-02 14:05 Section: Daily Dispatches2p ET Monday, July 2, 2007
Dear Friend of GATA and Gold:
Rob Peebles: The CDO flying circus
Submitted by cpowell on Mon, 2007-07-02 01:32 Section: Daily DispatchesBy Rob Peebles
PrudentBear.com
Saturday, June 30, 2007
S&P, Moody's masking $200 billion of subprime bond risk
Submitted by cpowell on Mon, 2007-07-02 01:13 Section: Daily DispatchesBy Mark Pittman
Bloomberg News Service
Friday, June 29, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=aN4sulHN19xc&
NEW YORK -- Standard & Poor's, Moody's Investors Service, and Fitch Ratings are masking burgeoning losses in the market for subprime mortgage bonds by failing to cut the credit ratings on about $200 billion of securities backed by home loans.
With CDOs, Wall Street sold the world a box of sewage
Submitted by cpowell on Sun, 2007-07-01 23:40 Section: Daily DispatchesDoes It All Add Up?
By Saskia Scholtes and Gillian Tett
Financial Times, London
Thursday, June 28, 2007
http://www.ft.com/cms/s/d5f91f6e-2513-11dc-bf47-000b5df10621.html
As head of the financial stability unit at the Banque de France, Imene Rahmouni-Rousseau travelled to America this month to look at the current turmoil in the US subprime mortgage world.
Peter Brimelow: Gold bugs disappointed but keep the faith
Submitted by cpowell on Sun, 2007-07-01 23:28 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Sunday, July 1, 2007
http://www.marketwatch.com/news/story/love-affair-gold-isnt-over/story.a...
NEW YORK -- Gold disappointed its friends last week. But they've not given up.
A year after defeat, Mexican leftist fades away
Submitted by cpowell on Sun, 2007-07-01 20:24 Section: Daily DispatchesBy Catherine Bremer
Reuters
Sunday, July 1, 2007
http://www.reuters.com/article/worldNews/idUSN0130818020070701
MEXICO CITY -- The leftist who a year ago was a hair's breadth from winning Mexico's presidency was reduced to political artifact on Sunday, drawing a fraction of his old crowds to an anniversary rally.
Move away from U.S. dollar reserves is still all talk
Submitted by cpowell on Sat, 2007-06-30 15:59 Section: Daily DispatchesBy Steven C. Johnson
Reuters
Saturday, June 30, 2007
http://www.reuters.com/article/reutersEdge/idUSN2959669920070630
NEW YORK -- Central bank holdings of U.S. dollars continue to mount, despite talk of diversification into other currencies, but questions remain about the sustainability of the rise in dollar reserves.