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Daily Dispatches
No inflation? Rare gold coin doubles in value in two years
Submitted by cpowell on Fri, 2007-10-05 00:38 Section: Daily DispatchesCollector Pays $5 Million for Rare Gold Coin
By The Associated Press
via Yahoo News
Thursday, October 4, 2007
http://news.yahoo.com/s/ap/20071005/ap_on_re_us/rare_coin_6
A rare $10 gold coin made for President Andrew Jackson to give as a diplomatic gift during trade missions to Asia was purchased Thursday by a private collector for $5 million.
Central bank gold sales fall below quota for second year
Submitted by cpowell on Thu, 2007-10-04 23:48 Section: Daily DispatchesBy Jon A. Nones
Resource Investor
Wednesday, October 3, 2007
Credit squeeze induces ECB to avoid rate increase
Submitted by cpowell on Thu, 2007-10-04 23:41 Section: Daily DispatchesBy Ralph Atkins
Financial Times, London
Thursday, October 4, 2007
http://www.ft.com/cms/s/0/83ade652-72b8-11dc-b7ff-0000779fd2ac.html
The credit turbulence that began in the US mortgage market put European policymakers on the spot on Thursday as the European Central Bank all but dropped plans for an interest rate rise and the Bank of England decided to leave its main rate unchanged.
Bank of England leaves interest rates on hold
Submitted by cpowell on Thu, 2007-10-04 23:34 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Friday, October 5, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/05/cnboe1...
The Bank of England has left UK interest rates on hold, despite falling house prices and thousands of families seeing mortgage rates soar.
Former Goldman Sachs exec is new governor of Bank of Canada
Submitted by cpowell on Thu, 2007-10-04 22:53 Section: Daily DispatchesBy Bernard Simon
Financial Times, London
Friday, October 5, 2007
http://www.ft.com/cms/s/0/9acb8948-72cc-11dc-b7ff-0000779fd2ac.html
TORONTO -- Mark Carney was named Thursday as successor to David Dodge as governor of the Bank of Canada.
Paul shows you can be conservative and anti-war too
Submitted by cpowell on Wed, 2007-10-03 23:32 Section: Daily DispatchesRon Paul's Impressive Haul
Young, Rabid Internet Supporters
Boost Congressman's Fundraising
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By Jake Tapper and Z. Byron Wolf
ABC News
Wednesday, October 3, 2007
Bank of England pressured for emergency rate cut
Submitted by cpowell on Wed, 2007-10-03 22:33 Section: Daily DispatchesBy Edmund Conway
The Telegraph, London
Thursday, October 4, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/04/cnrate...
The Bank of England has come under increased pressure to perform an emergency interest rate cut at its meeting today.
Stunning fund-raising success for Paul's presidential campaign
Submitted by cpowell on Wed, 2007-10-03 22:19 Section: Daily DispatchesBy Jim Kuhnhenn
Associated Press
via Yahoo News
Wednesday, October 3, 2007
http://news.yahoo.com/s/ap/20071003/ap_po/campaign_fundraising;_ylt=Ajdj...
WASHINGTON -- Long-shot Republican presidential candidate Ron Paul raised a surprising $5 million during the past three months, capitalizing on his stance as the only anti-war contender in the GOP field.
Dollar takes blows from Vietnam and Qatar
Submitted by cpowell on Wed, 2007-10-03 22:12 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, October 4, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/03/bcnvie...
Vietnam is planning to cut its purchases of US Treasuries and other dollar bonds, raising fears that Asian central banks with control over two-thirds of the world's foreign reserves may soon join the flight from US assets.
Ted Butler: Looking back, to see ahead
Submitted by cpowell on Wed, 2007-10-03 11:52 Section: Daily Dispatches11:50a ET Wednesday, October 3, 2007
Dear Friend of GATA and Gold: