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Daily Dispatches

Beijing residents in gold rush at year end

Section: Daily Dispatches

By Zhao Yanrong
China Daily, Beijing
Monday, December 28, 2009

http://www.chinadaily.com.cn/bizchina/2009-12/28/content_9235825.htm

Gold jewelry sales jumped more than 30 percent over the weekend in Beijing, as bargain shoppers swarmed the city's major jewelry stores on year-end promotions.

GATA will hold reception at conclusion of Vancouver conference

Section: Daily Dispatches

7:13p ET Sunday, December 27, 2009

Dear Friend of GATA and Gold:

Adjusted for inflation, Dow's gains are puny

Section: Daily Dispatches

By E.S. Browning
The Wall Street Journal
Sunday, December 27, 2009

http://online.wsj.com/article/SB1000142405274870399130457462190385050863...

Many investors realize that stocks have been among the worst investments of the past decade. But they may not realize quite how bad the decade was, because most people forget about the effects of inflation.

SEC clears way for platinum and palladium ETFs

Section: Daily Dispatches

By Allen Sykora
The Wall Street Journal
Saturday, December 26, 2009

http://online.wsj.com/article/SB1000142405274870471820457461637060750845...

Regulators took another step toward smoothing the way for exchange-traded funds linked to the metals to trade in the U.S.—news that sent platinum and palladium prices to three-week highs on Thursday.

James Turk: Government overspending causes hyperinflation

Section: Daily Dispatches

2:35p ET Friday, December 25, 2009

Dear Friend of GATA and Gold:

In commentary published this week, GoldMoney founder James Turk, consultant to GATA and editor of the Free Gold Money Report, argues that hyperinflation is not caused by too much bank lending but rather by government overspending. Turk writes:

Bank of Japan seems committed to more interest-free yen

Section: Daily Dispatches

Bank of Japan Members Were Ready to Take Action, Minutes Show

By Mayumi Otsuma
Bloomberg News
Thursday, December 24, 2009

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMTtfQyneKN4&pos=4

Treasury pledges unlimited bailouts for Fannie and Freddie

Section: Daily Dispatches

By J.W. Elphinstone
Associated Press
via Yahoo News
Friday, December 25, 2009

http://news.yahoo.com/s/ap/20091225/ap_on_bi_ge/us_mortgage_giants_ceos

NEW YORK -- The government has handed its ATM card to beleaguered mortgage giants Fannie Mae and Freddie Mac.

Zero Hedge: Stocks would be flat without after-hours goosing

Section: Daily Dispatches

12:09p ET Thursday, December 24, 2009

Dear Friend of GATA and Gold:

Banks bundled bad debt, bet against it, and won

Section: Daily Dispatches

By Gretchen Morgenson and Louise Story
The New York Times
Thursday, December 24, 2009

http://www.nytimes.com/2009/12/24/business/24trading.html?_r=1&hp=&adxnn...

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