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Daily Dispatches
Liam Halligan: End the grotesque bailouts and face reality
Submitted by cpowell on Mon, 2009-06-22 11:22 Section: Daily DispatchesBy Liam Halligan
The Telegraph, London
Saturday, June 20, 2009
http://www.telegraph.co.uk/finance/comment/liamhalligan/5587809/Its-time...
'Adjustments' needed in dollar's value, IMF economist says
Submitted by cpowell on Mon, 2009-06-22 08:57 Section: Daily DispatchesBy Tamora Vidaillet
Reuters
via Forbes.com
Monday, June 22, 2009
http://www.forbes.com/feeds/afx/2009/06/22/afx6569595.html
PARIS -- An increase in exports is needed for a sustained recovery in the United States and this may require an adjustment in the value of the U.S. dollar, IMF chief economist Olivier Blanchard said on Monday.
Gary North: Pushing on a string
Submitted by cpowell on Sun, 2009-06-21 10:17 Section: Daily Dispatches10:17a ET Sunday, June 21, 2009
Dear Friend of GATA and Gold:
Edmund Conway: Is this the death of the dollar?
Submitted by cpowell on Sun, 2009-06-21 09:42 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Saturday, June 20, 2009
http://www.telegraph.co.uk/finance/economics/5586543/Is-this-the-death-o...
After two smugglers were stopped last week with what at first appeared to be $134 billion in US state bonds, the tension and paranoia surrounding the fate of the dollar hit a new high.
2 killed, others rescued in S. Africa mine shaft collapse
Submitted by cpowell on Sun, 2009-06-21 09:27 Section: Daily DispatchesBy James Macharia
Reuters
Sunday, June 21, 2009
http://www.reuters.com/article/rbssPreciousMetalsMinerals/idUSLL36390920...
JOHANNESBURG -- Gold Fields, the world's fourth-biggest gold producer, said on Sunday two workers were killed after a tunnel in an underground shaft caved in, trapping five miners.
Mining group Xstrata plots merger with Anglo American
Submitted by cpowell on Sun, 2009-06-21 09:17 Section: Daily DispatchesBy Mark Kleinman and Louise Armitstead
The Sunday Telegraph, London
Sunday, June 21, 2009
http://www.telegraph.co.uk/finance/newsbysector/industry/5589081/Mining-...
U.S. says smuggled Treasury bonds were fake
Submitted by cpowell on Sat, 2009-06-20 20:46 Section: Daily DispatchesItalian Mafia Blamed for $134 Billion in Fake Treasury Bills
From the Financial Times, London
Thursday, June 18, 2009
http://www.ft.com/cms/s/0/82091ec2-5c2f-11de-aea3-00144feabdc0.html?ncli...
One summer afternoon, two "Japanese" men in their 50s on a slow train from Italy to Switzerland said they had nothing to declare at the frontier point of Chiasso.
World Gold Council expects no impact from IMF sales
Submitted by cpowell on Sat, 2009-06-20 10:23 Section: Daily DispatchesWorld Gold Council Welcomes Clarity
with Regards to IMF Gold Sales
Press Release via Business Wire
Friday, June 19, 2009
http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_v...
And the South African Reserve Bank supports gold price suppression
Submitted by cpowell on Sat, 2009-06-20 10:16 Section: Daily DispatchesAbout 10 Workers Trapped in South African Gold Mine
By James Macharia
Reuters
Saturday, June 20, 2009
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLK...
William Pesek: Suitcase with $134 billion puts dollar on edge
Submitted by cpowell on Sat, 2009-06-20 09:59 Section: Daily DispatchesBy William Pesek
Bloomberg News
Wednesday, June 17, 2009
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a62_boqkurbI
Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.