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Daily Dispatches
Asian nations commit $80 billion to set up their own IMF
Submitted by cpowell on Sun, 2008-05-04 15:23 Section: Daily DispatchesFrom Agence France-Presse
via Google News
Sunday, May 4, 2008
http://afp.google.com/article/ALeqM5hcecqtqYHXL0KY9rAPDXtHoFuWnA
MADRID, Spain -- Finance ministers of 13 Asian nations agreed here on Sunday to set up a foreign exchange pool of at least $80 billion (E52 billion) to be used in the event of another regional crisis.
China farms the world to feed a ravenous economy
Submitted by cpowell on Sun, 2008-05-04 15:07 Section: Daily DispatchesBy Denis D. Gray
Associated Press
via Yahoo News
Sunday, May 4, 2008
http://news.yahoo.com/s/ap/20080504/ap_on_re_as/china_farming_the_world;...
CHALEUNSOUK, Laos -- The rice fields that blanketed this remote mountain village for generations are gone. In their place rise neat rows of young rubber trees -- their sap destined for China.
Fed likely to prefer more lending over interest-rate cuts
Submitted by cpowell on Sat, 2008-05-03 20:00 Section: Daily DispatchesBy Dan Seymour
Associated Press
via Yahoo News
Saturday, May 3, 2008
http://news.yahoo.com/s/ap/20080503/ap_on_bi_ge/wall___main;_ylt=AtQunOP...
NEW YORK -- The Federal Reserve's decision Friday to lend more to banks may be a sign that policy makers want to avoid cutting interest rates any further, as they combat a credit crisis that is far from over.
Monetary policy is the forbidden issue of politics, Ron Paul says
Submitted by cpowell on Sat, 2008-05-03 19:56 Section: Daily Dispatches7:55p ET Saturday, May 3, 2008
Dear Friend of GATA and Gold:
Interviewed today by Nat Worden on TheStreet.com television, U.S. Rep. Ron Paul says monetary policy is the main cause of the problems in the United States, as well as the forbidden issue of the country's politics. You can watch the interview here:
Michael Sesit: Dollar's reserve status is tale of fading glory
Submitted by cpowell on Sat, 2008-05-03 12:43 Section: Daily DispatchesBy Michael R. Sesit
Bloomberg News Service
Friday, May 2, 2008
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_sesit&si...
Reserve currency status is like your health: Abuse it, and you risk losing it.
Richard Daughty: Gold price suppression scheme
Submitted by cpowell on Sat, 2008-05-03 12:34 Section: Daily Dispatches12:30p ET Saturday, May 3, 2008
Dear Friend of GATA and Gold:
In his Friday commentary for The Daily Reckoning, Richard Daughty of Smith Consultant Group, perhaps better known as the Mogambo Guru, takes note of GATA's work and approvingly quotes GATA Chairman Bill Murphy. Daughty's commentary is headlined "Gold Price Suppression Scheme" and you can find it here:
GATA delegation will speak at Vancouver conference in June
Submitted by cpowell on Fri, 2008-05-02 21:59 Section: Daily Dispatches9:45p ET Friday, May 2, 2008
Dear Friend of GATA and Gold:
Cambridge House's World Resource Investment Conference in Vancouver is coming up again -- Sunday and Monday, June 15 and 16 -- and among the speakers will be GATA Chairman Bill Murphy, board member Ed Steer, and your secretary/treasurer.
Central banks push again to ease money market strains
Submitted by cpowell on Fri, 2008-05-02 21:13 Section: Daily DispatchesBy Krishna Guha, Ralph Atkins, and Chris Giles
Financial Times, London
Friday, May 2, 2008
http://www.ft.com/cms/s/0/ac5a582c-1846-11dd-8c92-0000779fd2ac.html
Central banks in the US and Europe launched a fresh co-ordinated assault to ease strains in financial markets on Friday, as a fall in unemployment raised questions as to whether the US really was in recession.
James Turk: A four-month review
Submitted by cpowell on Thu, 2008-05-01 15:09 Section: Daily Dispatches3p ET Thursday, May 1, 2008
Dear Friend of GATA and Gold:
Ted Butler: An interesting week
Submitted by cpowell on Tue, 2008-04-29 19:45 Section: Daily Dispatches7:45p ET Tuesday, April 29, 2008
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler's new commentary contrasts silver's recent fall in price against extraordinarily positive news for the metal. Butler's commentary is headlined "An Interesting Week" and you can find it at GoldSeek's companion site, SilverSeek, here:
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