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Daily Dispatches

Greg Peel: The great U.S. gold shortage

Section: Daily Dispatches

7p 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:

http://tinyurl.com/6a9jw2

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

FDIC weighs tapping Treasury as funds run low

Section: Daily Dispatches

Short-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

Section: Daily Dispatches

2:35p ET Tuesday, August 26, 2008

Dear Friend of GATA and Gold:

China's stealth intervention supports dollar

Section: Daily Dispatches

Beijing 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

Section: Daily Dispatches

What 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

Section: Daily Dispatches

Fannie, 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

Section: Daily Dispatches

11p ET Monday, August 25, 2008

Dear Friend of GATA and Gold:

John Lee on gold coin rationing: Where there's smoke, there's fire

Section: Daily Dispatches

10:45p 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

Section: Daily Dispatches

U.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?

Section: Daily Dispatches

1:53p 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:

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