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Daily Dispatches
Greg Peel: The great U.S. gold shortage
Submitted by cpowell on Wed, 2008-08-27 07:01 Section: Daily Dispatches7p ET Wednesday, August 27, 2008
Dear Friend of GATA and Gold:
Greg Peel cites GATA as he speculates on "The Great U.S. Gold Shortage" at FNArena here:
http://www.fnarena.com/index2.cfm?type=dsp_newsitem&n=FC7CEB81-1871-E587...
Or try this abbreviated link:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
FDIC weighs tapping Treasury as funds run low
Submitted by cpowell on Wed, 2008-08-27 06:50 Section: Daily DispatchesShort-Term Loans
Might Be Needed
After a Bank Failure
By Damian Paletta and Jessica Holzer
The Wall Street Journal
Wednesday, August 27, 2008
WASHINGTON -- Federal Deposit Insurance Corp. Chairman Sheila Bair said Tuesday her agency might have to borrow money from the Treasury Department to see it through an expected wave of bank failures.
Washington Post reporter gets interested
Submitted by cpowell on Tue, 2008-08-26 14:36 Section: Daily Dispatches2:35p ET Tuesday, August 26, 2008
Dear Friend of GATA and Gold:
China's stealth intervention supports dollar
Submitted by cpowell on Mon, 2008-08-25 23:52 Section: Daily DispatchesBeijing Swells Dollar Reserves Through Stealth
By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, August 26, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/08/26/ccchin...
Credit insurance obligations cloud bailout of Freddie, Fannie
Submitted by cpowell on Mon, 2008-08-25 23:40 Section: Daily DispatchesWhat Will Mac 'n' Mae Cost You and Me?
By Gretchen Morgenson
The New York Times
Sunday, August 24, 2008
http://www.nytimes.com/2008/08/24/business/24gret.html?_r=1&ref=business&o
China warns U.S. against failure of Fannie, Freddie
Submitted by cpowell on Mon, 2008-08-25 23:24 Section: Daily DispatchesFannie, Freddie Failure Would Be World 'Catastrophe'
By Kevin Hamlin
Bloomberg News Service
Friday, August 22, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aslo2E01QVFI
BEIJING -- A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China's central bank.
Rob Kirby: Only a central bank could be shorting gold that much
Submitted by cpowell on Mon, 2008-08-25 23:05 Section: Daily Dispatches11p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
John Lee on gold coin rationing: Where there's smoke, there's fire
Submitted by cpowell on Mon, 2008-08-25 22:50 Section: Daily Dispatches10:45p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
Reflecting tonight on the U.S. Mint's rationing of gold eagle coins, John Lee of Mau Capital Management writes:
Mint elaborates on gold coin rationing amid huge demand
Submitted by cpowell on Mon, 2008-08-25 15:28 Section: Daily DispatchesU.S. Mint Resumes Gold Coin Orders on Limited Basis
By Frank Tang
Reuters
Monday, August 25, 2008
http://www.reuters.com/article/businessNews/idUSN2539668920080825
NEW YORK -- The U.S. Mint said it must allocate the American Eagle bullion coins among dealers to cope with overwhelming demand as it resumed taking orders for the popular coins on Monday.
James West: Where's the gold?
Submitted by cpowell on Mon, 2008-08-25 13:53 Section: Daily Dispatches1:53p ET Monday, August 25, 2008
Dear Friend of GATA and Gold:
James West, publisher and editor of The Midas Letter, remarks on the growing dichotomy between the futures and physical markets for gold, and on GATA's work pointing it out, in his new essay, "Where's the Gold?," which can be found at The Midas Letter's Internet site here: