Daily Dispatches

New York Sun: Outright money?

Submitted by cpowell on Tue, 2015-01-20 11:15 Section: Daily Dispatches

From the New York Sun
Tuesday, January 20, 2015

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Swiss franc fallout claims more casualties

Submitted by cpowell on Mon, 2015-01-19 15:38 Section: Daily Dispatches

Philip Stafford, Caroline Binham, and Miles Johnson
Financial Times, London
Monday, January 19, 2015

LONDON -- A leading European foreign exchange broker filed for administration on Monday and a Danish bank conceded it faced heavy losses as the UK's market regulator stepped in to assess the damage wreaked on the industry by last week's violent swing in the Swiss franc.

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Does any country really know what its central bank is doing?

Submitted by cpowell on Mon, 2015-01-19 14:48 Section: Daily Dispatches

2:50p ET Monday, January 19, 2015

Dear Friend of GATA and Gold:

The German gold news Internet site Goldreporter wonders if the Swiss National Bank was buying gold quietly in the weeks prior to the bank's repudiation of its pegging the Swiss franc to the euro, anticipating that the bank's move would send the gold price up fast:

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Ron Paul: If the Fed has nothing to hide, it has nothing to fear

Submitted by cpowell on Mon, 2015-01-19 12:58 Section: Daily Dispatches

By Ron Paul
Ron Paul Institute for Peace and Prosperity, Clute, Texas
Sunday, January 18, 2015

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Too much government messing with markets always causes shortages or rationing

Submitted by cpowell on Mon, 2015-01-19 12:23 Section: Daily Dispatches

What the Tampon Rumpus Says About Troubled Argentina

By Sarah Marsh
Reuters
Friday, January 16, 2015

BUENOS AIRES, Argentina -- Argentines have been complaining for a while now about the country's product shortages. And until recently the government has managed to brush aside such protests, which have centered around Argentina's import restrictions.

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Axel Merk: Are central banks a destabilizing force?

Submitted by cpowell on Mon, 2015-01-19 11:53 Section: Daily Dispatches

How the hell did something this sensible get into the Financial Times?

* * *

By Axel Merk
Financial Times, London
Monday, January 19, 2015

http://www.ft.com/intl/cms/s/0/5556dbf4-9f0d-11e4-ba25-00144feab7de.html

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Danish central bank swears it won't break euro peg either

Submitted by cpowell on Mon, 2015-01-19 11:41 Section: Daily Dispatches

Denmark Says It Has Tools to Defend Euro Peg After Surprise Cut

By Peter Levring and Frances Schwartzkopff
Bloomberg News
Monday, January 19, 2015

COPENHAGEN, Denmark -- Denmark today sought to quash speculation it may follow Switzerland and abandon its euro peg, delivering a surprise interest-rate cut to prevent the krone gaining further.