You are here
Daily Dispatches
ECB looks for ways to lend against commercial paper
Submitted by cpowell on Sun, 2008-10-12 20:14 Section: Daily DispatchesBy Gregory Viscusi and Gabi Thesing
Bloomberg News
Monday, October 13, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aMrlyjJ9abEQ&refer=home
PARIS -- European Central Bank President Jean-Claude Trichet said the ECB will examine ways to widen its lending rules after governments asked it to set up a facility to buy commercial paper.
Gene Arensberg's 'Got Gold Report'
Submitted by cpowell on Sun, 2008-10-12 18:22 Section: Daily Dispatches6:20p ET Sunday, October 12, 2008
Dear Friend of GATA and Gold:
In his "Got Gold Report" at Resource Investor tonight, Gene Arensberg reflects on the disparity between the paper and physical gold markets and the rise in holdings of the gold exchange-traded fund. Arensberg's report is headlined "Market Mayhem Continues, Silver Crushed," and you can find it here:
Adrian Douglas: Bond market collapse is imminent
Submitted by cpowell on Sun, 2008-10-12 17:55 Section: Daily Dispatches5:49p ET Sunday, October 12, 2008
Dear Friend of GATA and Gold:
Euro bloc plans to guarantee new bank debt
Submitted by cpowell on Sun, 2008-10-12 15:57 Section: Daily DispatchesBy Greg Keller
Associated Press
Sunday, October 12, 2008
http://news.yahoo.com/s/ap/20081012/ap_on_bi_ge/eu_europe_crisis_summit;...
PARIS -- Countries that use the euro will temporarily guarantee future bank debt to encourage lending and ease the credit crunch, according to a draft statement under discussion by European leaders Sunday.
Let's hope that Paulson is a rare coin collector too
Submitted by cpowell on Sun, 2008-10-12 12:50 Section: Daily DispatchesRare Gold Coin to Be on Display at Old Mint
By The Associated Press
via KATC-TV, Lafayette, Louisiana
Sunday, October 12, 2008
http://www.katc.com/Global/story.asp?S=9165853
NEW ORLEANS -- Talk about an investment in gold. This one is insured for $2.5 million, although it contains only a half-ounce of the precious metal.
Fat Prophets: Gold -- the last carry trade
Submitted by cpowell on Sun, 2008-10-12 11:54 Section: Daily Dispatches11:54a ET Sunday, October 12, 2008
Dear Friend of GATA and Gold:
Austria sees new gold rush as its mint struggles to keep up
Submitted by cpowell on Sun, 2008-10-12 11:38 Section: Daily DispatchesBy Bethany Bell
BBC News, London
Sunday, October 12, 2008
http://news.bbc.co.uk/2/hi/europe/7663753.stm
VIENNA, Austria -- There's a new gold rush.
The financial crisis is prompting people to look for safer forms of investment than stocks and shares.
Frannie to buy $40 billion in junk mortgages each month
Submitted by cpowell on Sun, 2008-10-12 00:10 Section: Daily DispatchesBy Dawn Kopecki
Bloomberg News
Saturday, October 11, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDjJYMSphyM0&refer=home
British bank rescues may close London market on Monday
Submitted by cpowell on Sat, 2008-10-11 23:53 Section: Daily DispatchesState to Save HBOS and RBS
John Waples and Iain Dey
The Times, London
Sunday, October 12, 2008
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_...
The government will launch the biggest rescue of Britain's high-street banks tomorrow when the UK's four biggest institutions ask for a L35-billion financial lifeline.
GoldMoney's James Turk reports on getting real metal
Submitted by cpowell on Fri, 2008-10-10 21:30 Section: Daily Dispatches9:30p ET Friday, October 10, 2008
Dear Friend of GATA and Gold:
Pages
