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Daily Dispatches
So why is Pimco still hawking U.S. government bonds?
Submitted by cpowell on Tue, 2009-08-18 21:50 Section: Daily DispatchesPimco Says Dollar to Fall as It Loses Reserve Status
By Garfield Reynolds and Wes Goodman
Bloomberg News
Wednesday, August 19, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aeD0JMxdEA_c
Pacific Investment Management Co., which runs the world's biggest bond fund, said the dollar will probably fall as it loses its status as a reserve currency.
Adrian Douglas: Central banks are NOT ordinary gold investors
Submitted by cpowell on Tue, 2009-08-18 00:11 Section: Daily DispatchesBy Adrian Douglas
Monday, August 17, 2009
Financial market letter writer Adam Hamilton's latest essay, "Central Bank Gold Agreement," which can be found at Gold-Eagle here --
http://www.gold-eagle.com/gold_digest_08/hamilton081409.html
-- at 24hGold here --
http://www.24hgold.com/english/news-gold-silver-central-bank-gold-agreem...
Businessman who paid in gold and silver coin found guilty of tax fraud
Submitted by cpowell on Sat, 2009-08-15 10:57 Section: Daily DispatchesBy Joan Whitely
Las Vegas (Nevada) Review-Journal
Saturday, August 15, 2009
http://www.lvrj.com/news/53287717.html
A federal jury Friday found Las Vegas businessman Robert Kahre guilty of all 57 felony counts of evading taxes, failing to withhold taxes from workers' wages, and engaging in fraud during real estate transactions.
China may boost energy and mining acquisitions by half
Submitted by cpowell on Sat, 2009-08-15 10:43 Section: Daily DispatchesBy John Duce
Bloomberg News
Friday, August 14, 2009
http://www.bloomberg.com/apps/news?pid=20601109&sid=aTZisOrCq1BY
HONG KONG -- China, unfazed by failures to invest in Rio Tinto Group and Unocal Corp., will boost spending on oil and mining acquisitions by at least half this year to take advantage of lower valuations after commodity prices slumped.
Silver market analyst Ted Butler interviewed by King World News
Submitted by cpowell on Sat, 2009-08-15 10:28 Section: Daily Dispatches10:30a ET Saturday, August 15, 2009
Dear Friend of GATA and Gold (and Silver):
Adrian Douglas: The Y2K+8 deflation hoax
Submitted by cpowell on Sat, 2009-08-15 02:11 Section: Daily Dispatches2a ET Saturday, August 15, 2009
Dear Friend of GATA and Gold:
A grand unified theory of market manipulation
Submitted by cpowell on Fri, 2009-08-14 21:46 Section: Daily Dispatches9:45p ET Friday, August 14, 2009
Dear Friend of GATA and Gold:
A very secretive investment firm, Precision Capital Management LLC (http://www.precisioncapmgt.com) -- not to be confused with Precision Capital in New York City -- this month published a wonderful report, "A Grand Unified Theory of Market Manipulation."
Toxic loans topping 5% may sink 150 banks
Submitted by cpowell on Fri, 2009-08-14 21:15 Section: Daily DispatchesBy Ari Levy
Bloomberg News
Friday, August 14, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aTTT9jivRIWE
SAN FRANCISCO -- More than 150 publicly traded U.S. lenders own nonperforming loans that equal 5 percent or more of their holdings, a level that former regulators say can wipe out a bank’s equity and threaten its survival.
King World News interviews GATA's Adrian Douglas
Submitted by cpowell on Fri, 2009-08-14 21:01 Section: Daily Dispatches9p ET Friday, August 14, 2009
Dear Friend of GATA and Gold:
Jury gets income tax case involving value of gold, silver coins
Submitted by cpowell on Thu, 2009-08-13 08:30 Section: Daily DispatchesBy Joan Whitely
Las Vegas (Nevada) Review-Journal
Thursday, August 13, 2009
http://www.lvrj.com/news/53117037.html
Jurors start deliberating today whether business owner Robert Kahre and several others willfully broke federal law by taking their pay in gold and silver coins, but reporting only the coins' modest face value on their income tax returns.