You are here
Daily Dispatches
Chinese power company refuses to pay derivatives losses to Goldman
Submitted by cpowell on Tue, 2009-12-29 16:57 Section: Daily DispatchesBy Eadie Chen and Chen Aizhu
Reuters
Tuesday, December 29, 2009
http://www.reuters.com/article/idUSSGE5BS09T20091229
BEIJING -- A small Chinese power generator on Tuesday rejected demands from a Goldman Sachs unit to pay for nearly $80 million lost on two oil hedging contracts, part of a long-running dispute over how China deals with derivatives losses.
How would anyone know if the Comex is lying too?
Submitted by cpowell on Tue, 2009-12-29 12:26 Section: Daily Dispatches12:10p ET Tuesday, December 29, 2009
Dear Friend of GATA and Gold:
The growing clout of Ron Paul
Submitted by cpowell on Mon, 2009-12-28 23:56 Section: Daily DispatchesBy Meredith Simons
Houston Chronicle
Wednesday, December 16, 2009
http://www.chron.com/disp/story.mpl/metropolitan/6774366.html
Ron Paul is a white-haired, soft-voiced, 74-year-old doctor who has twice failed in presidential campaigns and is frequently derided by his Republican colleagues as an ideologue from the party's libertarian fringe.
Gold may rise on Asian central bank interest regardless of dollar
Submitted by cpowell on Mon, 2009-12-28 00:42 Section: Daily DispatchesAsia's Central Bankers Say It with Gold
By David Roman
The Wall Street Journal
Monday, December 28, 2009
http://online.wsj.com/article/SB2000142405274870471820457461628086387110...
Strong dollar equals falling gold price, right?
Except, perhaps, when Asia's central bankers are involved.
Beijing residents in gold rush at year end
Submitted by cpowell on Mon, 2009-12-28 00:32 Section: Daily DispatchesBy Zhao Yanrong
China Daily, Beijing
Monday, December 28, 2009
http://www.chinadaily.com.cn/bizchina/2009-12/28/content_9235825.htm
Gold jewelry sales jumped more than 30 percent over the weekend in Beijing, as bargain shoppers swarmed the city's major jewelry stores on year-end promotions.
GATA will hold reception at conclusion of Vancouver conference
Submitted by cpowell on Sun, 2009-12-27 19:15 Section: Daily Dispatches7:13p ET Sunday, December 27, 2009
Dear Friend of GATA and Gold:
Dollar won't do anymore, FT's Martin Wolf says, without mentioning gold
Submitted by cpowell on Sun, 2009-12-27 13:47 Section: Daily DispatchesDo We Need a New Reserve Currency?
From Emirates Business, Dubai
Sunday, December 27, 2009
http://www.business24-7.ae/Articles/2009/12/Pages/26122009/12272009_b60d...
Adjusted for inflation, Dow's gains are puny
Submitted by cpowell on Sun, 2009-12-27 11:04 Section: Daily DispatchesBy E.S. Browning
The Wall Street Journal
Sunday, December 27, 2009
http://online.wsj.com/article/SB1000142405274870399130457462190385050863...
Many investors realize that stocks have been among the worst investments of the past decade. But they may not realize quite how bad the decade was, because most people forget about the effects of inflation.
SEC clears way for platinum and palladium ETFs
Submitted by cpowell on Fri, 2009-12-25 21:42 Section: Daily DispatchesBy Allen Sykora
The Wall Street Journal
Saturday, December 26, 2009
http://online.wsj.com/article/SB1000142405274870471820457461637060750845...
Regulators took another step toward smoothing the way for exchange-traded funds linked to the metals to trade in the U.S.—news that sent platinum and palladium prices to three-week highs on Thursday.
James Turk: Government overspending causes hyperinflation
Submitted by cpowell on Fri, 2009-12-25 14:39 Section: Daily Dispatches2:35p ET Friday, December 25, 2009
Dear Friend of GATA and Gold:
In commentary published this week, GoldMoney founder James Turk, consultant to GATA and editor of the Free Gold Money Report, argues that hyperinflation is not caused by too much bank lending but rather by government overspending. Turk writes:
Pages
