Daily Dispatches

Private commodity traders losing trust in counterparties

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Rush to Put Private Commodities Contracts on Exchanges

By Javier Blas and Jeremy Grant
Financial Times, London
Sunday, October 12, 2008

http://www.ft.com/cms/s/0/aa0c5430-9884-11dd-ace3-000077b07658.html?ncli...

Libor dollar rates drop amid stepped-up bank rescues

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By Gavin Finch
Bloomberg News
Monday, October 13, 2008

http://www.bloomberg.com/apps/news?pid=20601085&sid=aRZTg5IzBnI0

LONDON -- Money-market rates in London fell after policy makers offered banks unlimited dollar funding and European governments pledged to take "all necessary steps" to shore up confidence among lenders.

Gold price manipulation makes it back on CNBC

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6:10p ET Monday, October 13, 2008

Dear Friend of GATA and Gold:

Ted Butler: The masters of destruction

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3p ET Monday, October 13, 2008

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler's new commentary, "The Masters of Destruction," analyzes the most recent takedown in silver and the covering of short positions by the market manipulators. You can find it at GoldSeek's companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1223916524.php

Take delivery from the futures exchanges

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12:14p ET Monday, October 13, 2008

Dear Friend of GATA and Gold:

Business Day cites GATA; and any GATA fans in Florida?

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11:41a ET Monday, October 13, 2008

Dear Friend of GATA and Gold:

GATA is mentioned today in commentary in the South African business newspaper Business Day. It's in an essay written by Jean Temkin, it's headlined "Gold Will Thrive on Dollar Flight," and you can find it here:

http://www.businessday.co.za/articles/topstories.aspx?ID=BD4A862031

Infinite dollars and more interest rate cuts on the way

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Central Banks Flood System With Dollars

By John Fraher and Simon Kennedy
Bloomberg News
Monday, October 13, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aWco7rn0SIxs&refer=h...

U.S. national debt clock runs out of digits

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By The Associated Press
via MSNBC.com
Sunday, October 12, 2008

http://www.msnbc.msn.com/id/27150961/

NEW YORK -- A watched clock never moves -- unless it's the National Debt Clock.

In fact, the digital counter has been moving so much that it recently ran out of digits to display the ballooning figure: $10,150,603,734,720, or roughly $10.2 trillion, as of Saturday afternoon.

ECB looks for ways to lend against commercial paper

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By Gregory Viscusi and Gabi Thesing
Bloomberg News
Monday, October 13, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMrlyjJ9abEQ&refer=h...

PARIS -- European Central Bank President Jean-Claude Trichet said the ECB will examine ways to widen its lending rules after governments asked it to set up a facility to buy commercial paper.

Gene Arensberg's 'Got Gold Report'

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6:20p ET Sunday, October 12, 2008

Dear Friend of GATA and Gold:

In his "Got Gold Report" at Resource Investor tonight, Gene Arensberg reflects on the disparity between the paper and physical gold markets and the rise in holdings of the gold exchange-traded fund. Arensberg's report is headlined "Market Mayhem Continues, Silver Crushed," and you can find it here:

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