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Daily Dispatches

Leave hedge funds alone, Fed chairman says

Section: Daily Dispatches

At least until they crash -- then bail their big creditors out?

* * *

Market Principles Should Top New Rules, Bernanke Says

From Reuters
Tuesday, May 15, 2007

http://www.reuters.com/article/governmentFilingsNews/idUSN1538553520070515

Central bankers fear the monsters they created -- hedge funds

Section: Daily Dispatches

The Secret World of Hedge Funds

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, May 14, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/05/14/ccview...

Visiting London, IMF director threatens gold market again

Section: Daily Dispatches

IMF Still Eyeing
Gold Sales
to Fill Income Gap

From Reuters
Monday, May 14, 2007

http://www.reuters.com/article/bondsNews/idUSN1430025920070514

LONDON -- The International Monetary Fund is still considering whether to sell 400 tons of its gold stocks to help plug a widening income shortfall, the head of the global lender, Rodrigo Rato, said on Monday.

James Turk: The battle for $700

Section: Daily Dispatches

3:16p ET Monday, May 14, 2007

Dear Friend of GATA and Gold:

Canada's National Post reports warnings given at CMRE meeting

Section: Daily Dispatches

How to Spoil a Good Party

Jacqueline Thorpe
Financial Post (National Post), Toronto
Monday, May 14, 2007

http://www.canada.com/nationalpost/financialpost/story.html?id=05c621f5-...

NEW YORK -- On a sultry spring day in Manhattan, the contrarians -- bears and goldbugs -- are in on the prowl.

China's money supply rises 17%, exceeding target

Section: Daily Dispatches

By Nipa Piboontanasawat and Helen Yuan
Bloomberg News Service
Saturday, May 13, 2007

http://www.bloomberg.com/apps/news?pid=20601087&sid=aFbsbycbXMbk&refer=home

China's money supply growth exceeded the government target for a third month and lending accelerated, adding pressure on the central bank to raise interest rates.

Independent cooperatives fight nationalizing mines in Bolivia

Section: Daily Dispatches

Independent Miners
Confronted in Bolivia

By Dan Keane
Associated Press
via Yahoo News
Sunday, May 13, 2007

http://news.yahoo.com/s/ap/20070513/ap_on_bi_ge/bolivia_miners__pride;_y...

India may tap FX reserves for infrastructure projects

Section: Daily Dispatches

By Joe Leahy
Financial Times, London
Sunday, May 13, 2007

http://www.ft.com/cms/s/f62f91a0-017d-11dc-8b8c-000b5df10621.html

MUMBAI -- India's growing currency reserves could be used to finance local infrastructure projects if a scheme being set up with 3i, the UK-based private equity group, receives central bank approval.

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