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Daily Dispatches

At least there's SOMETHING in Ethiopia's gold vault

Section: Daily Dispatches

What's in yours, Secretary Paulson?

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By Elizabeth Blunt
British Broadcasting Corp.
Thursday, March 13, 2008

http://news.bbc.co.uk/2/hi/africa/7294665.stm

ADDIS ABABA -- Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.

ECB urged to rig currency market, just like gold market

Section: Daily Dispatches

Time for the ECB to Start Buying Dollars

By Lionel Laurent
Forbes magazine
Thursday, March 13, 2008

http://www.forbes.com/2008/03/13/bofinger-dollar-euro-face-markets-cx_ll...

Germany remains unlikely to sell gold reserves

Section: Daily Dispatches

By Krista Hughes
Reuters
via The Guardian, London
Tuesday, March 11, 2008

http://www.guardian.co.uk/feedarticle?id=7375180

FRANKFURT -- Germany's Bundesbank will probably hold on to the vast bulk of its gold reserves in the next year of the central bank gold agreement, beginning in September, central bank president Axel Weber said on Tuesday.

Fed begins monetizing everybody's busted mortgages

Section: Daily Dispatches

Dramatic Fed Move to Unlock Markets

By Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, March 13, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/12/nfed11...

Will gold catch oil? And silver soars without short covering

Section: Daily Dispatches

11p ET Tuesday, March 11, 2008

Dear Friend of GATA and Gold:

U.S. Treasuries riskier than German debt, default swaps say

Section: Daily Dispatches

By Abigail Moses
Bloomberg News Service
Tuesday, March 11, 2008

http://www.bloomberg.com/apps/news?pid=20601103&sid=aVl4JGYmkX0M&refer=us

LONDON -- The risk of losses on U.S. Treasury notes exceeded German bunds for the first time ever amid investor concern the subprime mortgage crisis is sapping government reserves, credit-default swaps prices show.

Sovereign funds soon may surpass official foreign reserves

Section: Daily Dispatches

By Vivianne Rodrigues
Reuters
Tuesday, March 11, 2008

http://www.reuters.com/article/ousiv/idUSN1160324820080311

NEW YORK -- Sovereign wealth fund assets may soon surpass total official foreign reserves held by central banks and become the main vehicle for capital investment, a Morgan Stanley economist said on Tuesday.

Fed joins three other central banks with $200 billion more in lending

Section: Daily Dispatches

By The Associated Press
via Yahoo News
Tuesday, March 11, 2008

http://news.yahoo.com/s/ap/20080311/ap_on_bi_ge/fed_credit_crisis;_ylt=A...

WASHINGTON -- Trying to pump more cash into a tight credit market, the Federal Reserve and other central banks on Tuesday jointly announced a new $200 billion expansion of its lending program.

Gold council will list ETF in Asia, make Barrick CEO chairman

Section: Daily Dispatches

Greg Wilkins is CEO of Barrick Gold.

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Gold Council to List EFT in Japan, Hong Kong

From Reuters
Tuesday, March 11, 2008

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/id...

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