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Daily Dispatches
After currency basket for rouble, Russia may price oil in euros
Submitted by cpowell on Fri, 2005-02-04 03:00 Section: Daily DispatchesFannie, Freddie regulator
seeks power to close companies;
legislation begins moving in Congress
By Robert Schroeder
CBSMarketWatch.com
Thursday, February 3, 2005
WASHINGTON -- The federal office that regulates Fannie Mae and
Freddie Mac is seeking authority to close the giant mortgage finance
companies in the event of a financial crisis, as legislation
toughening rules on the firms begins to make its way through
Will IMF''s gold be revalued or sold to forgive poor countries'' debt?
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily Dispatches11:19p ET Wednesday, February 2, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood speculates that Newmont
Mining may be contemplating a bid for Gold Fields that
terminates Harmony Gold's attempt to take over the
company. You can find Wood's speculation here:
Europeans said no longer so concerned about euro''s rise against dollar
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily DispatchesGold the G7 Key to Unlock Third World Debt
By Veronica Brown
Reuters
Thursday, February 3, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42023db3:cbb85e77
15e51778?type=topNews&localeKey=en_ZA&storyID=7528277
LONDON -- A plan that seems to spin money out of thin air to pay
poor countries' debts by revaluing IMF gold reserves is gathering
Nothing like a good smashing of gold to get you out of a bad meeting
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily DispatchesDollar vs. Euro Strength Is No Longer
a Big Concern, European G7 Source Says
From Reuters
Thursday, February 3, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42025636:edb5271d
cc2e9e55?type=businessNews&localeKey=en_ZA&storyID=7529414
LONDON -- The strength of the euro against the dollar has become
Patience, Appel says, while Hultberg examines gold''s future as money
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily Dispatches9:09p ET Thursday, February 3, 2005
Dear Friend of GATA and Gold:
The Reuters story appended here may be most notable
for observing that, after weeks of clamor from Europe
about the dollar's decline, the dollar seems to have
"stabilized" on the eve of the G7 conference in London
-- perhaps so much so that Treasury Secretary John
Snow doesn't even have to show up. Nothing like a
If you like paper gold, you''ll love paper silver -- and here it comes
Submitted by cpowell on Wed, 2005-02-02 03:00 Section: Daily Dispatches9:24p ET Tuesday, February 1, 2005
Dear Friend of GATA and Gold:
Kitco.com and metals market analyst (and world-class
wit and grouch) Doug Casey announced today that they
are teaming up in a new Internet site of precious
metals market data and commentary:
Bart Kitner's introductory letter about the site can
be found here:
Will Newmont take Gold Fields out of Harmony''s way?
Submitted by cpowell on Wed, 2005-02-02 03:00 Section: Daily DispatchesBy Zachary Howard
Reuters
Wednesday, February 2, 2005
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7517672
NEW YORK -- Barclays Global Investors may be seeking
to branch out in commodity-based exchange-traded funds,
such as silver and broad-based commodity ETFs, on the
heels of the debut of its iShares COMEX Gold Trust last
Citigroup memo reveals plan to rig euro bond market, destroy small traders
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily Dispatches"Conspiracies rarely exist."
-- Dennis Gartman in The Gartman Letter, Sept. 14, 2004
* * *
Marsh & McLennan Will Pay $850 Million
to Settle N.Y. Bid Rigging and Kickbacks
By David Plumb
Bloomberg News Service
Monday, January 31, 2005
http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aOn.OJnXVJFE&refer=home
Citibank says memo on European bond market isn''t official policy ....
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily DispatchesBy Pivi Munter
Financial Times
Monday, January 31, 2005
http://news.ft.com/cms/s/086cefce-73ce-11d9-b705-00000e2511c8.html?
referrer_id=yahoo&ft_ref=yahoo1&segid=03058
Citigroup's huge trades in the eurozone government bond market last
August -- which were later described as "knuckle-headed" by Chuck
Gold miners will keep cutting hedges, if not as fast, analysts say
Submitted by cpowell on Tue, 2005-02-01 03:00 Section: Daily Dispatches.... No, the firm's policy is not to create
incriminating evidence and not to get caught.
* * *
By The Associated Press
Tuesday, February 1, 2005
http://biz.yahoo.com/ap/050201/germany_citibank_2.html
BERLIN -- An internal memo from banking conglomerate
Citibank discussing strategies for squeezing out smaller
European bond market dealers does not reflect official