Leave hedge funds alone, Fed chairman says


At least until they crash -- then bail their big creditors out?

* * *

Market Principles Should Top New Rules, Bernanke Says

From Reuters
Tuesday, May 15, 2007


Central bankers fear the monsters they created -- hedge funds


The Secret World of Hedge Funds

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 14, 2007


Visiting London, IMF director threatens gold market again


IMF Still Eyeing
Gold Sales
to Fill Income Gap

From Reuters
Monday, May 14, 2007


LONDON -- The International Monetary Fund is still considering whether to sell 400 tons of its gold stocks to help plug a widening income shortfall, the head of the global lender, Rodrigo Rato, said on Monday.

James Turk: The battle for $700


3:16p ET Monday, May 14, 2007

Dear Friend of GATA and Gold:

Canada's National Post reports warnings given at CMRE meeting


How to Spoil a Good Party

Jacqueline Thorpe
Financial Post (National Post), Toronto
Monday, May 14, 2007


NEW YORK -- On a sultry spring day in Manhattan, the contrarians -- bears and goldbugs -- are in on the prowl.

China's money supply rises 17%, exceeding target


By Nipa Piboontanasawat and Helen Yuan
Bloomberg News Service
Saturday, May 13, 2007


China's money supply growth exceeded the government target for a third month and lending accelerated, adding pressure on the central bank to raise interest rates.

Independent cooperatives fight nationalizing mines in Bolivia


Independent Miners
Confronted in Bolivia

By Dan Keane
Associated Press
via Yahoo News
Sunday, May 13, 2007


India may tap FX reserves for infrastructure projects


By Joe Leahy
Financial Times, London
Sunday, May 13, 2007


MUMBAI -- India's growing currency reserves could be used to finance local infrastructure projects if a scheme being set up with 3i, the UK-based private equity group, receives central bank approval.

Mongolia's gold rush: blessing or curse?


By Evan Osnos
Chicago Tribune
Sunday, May 13, 2007


UYANGA, Mongolia -- The air underground was dank and smelled of labor.

Silver prices have Idaho's Silver Valley companies booming


By Nicholas K. Geranios
Associated Press
via Helena Independent Record
Helena, Montana
Saturday, May 12, 2007


KELLOGG, Idaho -- As a precious metal, silver doesn't have the allure of gold. As an investment, it's not as hip as Google.

But dowdy old silver is suddenly chic.