You are here
Daily Dispatches
Fed in a desperate race with the spectre of collapse
Submitted by cpowell on Tue, 2008-03-11 23:35 Section: Daily DispatchesBy Damian Reece
The Telegraph, London
Wednesday, March 12, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/12/ccom11...
Will gold catch oil? And silver soars without short covering
Submitted by cpowell on Tue, 2008-03-11 23:08 Section: Daily Dispatches11p ET Tuesday, March 11, 2008
Dear Friend of GATA and Gold:
U.S. Treasuries riskier than German debt, default swaps say
Submitted by cpowell on Tue, 2008-03-11 15:23 Section: Daily DispatchesBy 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
Submitted by cpowell on Tue, 2008-03-11 15:07 Section: Daily DispatchesBy 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
Submitted by cpowell on Tue, 2008-03-11 08:56 Section: Daily DispatchesBy 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
Submitted by cpowell on Tue, 2008-03-11 08:51 Section: Daily DispatchesGreg Wilkins is CEO of Barrick Gold.
* * *
Gold Council to List EFT in Japan, Hong Kong
From Reuters
Tuesday, March 11, 2008
http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/id...
Panic in market on fear of insolvency at Bear Stearns, Fannie Mae
Submitted by cpowell on Mon, 2008-03-10 23:07 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, March 11, 2008
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/11/cnbear...
Sprott sees financial turmoil pushing gold to $2,000
Submitted by cpowell on Mon, 2008-03-10 21:36 Section: Daily DispatchesBy Stewart Bailey
Bloomberg News Service
Monday, March 10, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVMsmS.ikYd4
Turmoil in global credit markets may lead to the collapse of a North American bank, pushing bullion prices up to $2,000 an ounce as investors seek a haven in gold, Eric Sprott said.
If the central banks don't get us, the 'death star' still might
Submitted by cpowell on Mon, 2008-03-10 21:29 Section: Daily DispatchesWe have all the reasons to buy gold. With this one you just have to figure out how to get it off the planet.
* * *
Real 'Death Star' Could Strike Earth
By Charles Q. Choi
Space.com via Yahoo News
Monday, March 10, 2008
http://news.yahoo.com/s/space/20080310/sc_space/realdeathstarcouldstrike...
Emergency interest rate cut possible, Goldman Sachs says
Submitted by cpowell on Mon, 2008-03-10 21:01 Section: Daily DispatchesBy Richard Leong
Reuters
Monday, March 10, 2008
http://www.reuters.com/article/ousiv/idUSNYE00023720080310
NEW YORK -- An emergency interest rate cut from the Federal Reserve is possible ahead of its March 18 policy meeting, according to a Goldman Sachs research note on Monday.
Goldman said its view on Fed policy changed on Friday.
Pages
