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Daily Dispatches
Let's hope that Paulson is a rare coin collector too
Submitted by cpowell on Sun, 2008-10-12 12:50 Section: Daily DispatchesRare Gold Coin to Be on Display at Old Mint
By The Associated Press
via KATC-TV, Lafayette, Louisiana
Sunday, October 12, 2008
http://www.katc.com/Global/story.asp?S=9165853
NEW ORLEANS -- Talk about an investment in gold. This one is insured for $2.5 million, although it contains only a half-ounce of the precious metal.
Fat Prophets: Gold -- the last carry trade
Submitted by cpowell on Sun, 2008-10-12 11:54 Section: Daily Dispatches11:54a ET Sunday, October 12, 2008
Dear Friend of GATA and Gold:
Austria sees new gold rush as its mint struggles to keep up
Submitted by cpowell on Sun, 2008-10-12 11:38 Section: Daily DispatchesBy Bethany Bell
BBC News, London
Sunday, October 12, 2008
http://news.bbc.co.uk/2/hi/europe/7663753.stm
VIENNA, Austria -- There's a new gold rush.
The financial crisis is prompting people to look for safer forms of investment than stocks and shares.
Frannie to buy $40 billion in junk mortgages each month
Submitted by cpowell on Sun, 2008-10-12 00:10 Section: Daily DispatchesBy Dawn Kopecki
Bloomberg News
Saturday, October 11, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aDjJYMSphyM0&refer=home
British bank rescues may close London market on Monday
Submitted by cpowell on Sat, 2008-10-11 23:53 Section: Daily DispatchesState to Save HBOS and RBS
John Waples and Iain Dey
The Times, London
Sunday, October 12, 2008
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_...
The government will launch the biggest rescue of Britain's high-street banks tomorrow when the UK's four biggest institutions ask for a L35-billion financial lifeline.
GoldMoney's James Turk reports on getting real metal
Submitted by cpowell on Fri, 2008-10-10 21:30 Section: Daily Dispatches9:30p ET Friday, October 10, 2008
Dear Friend of GATA and Gold:
Dan Norcini on the panic to buy gold and sell 'gold'
Submitted by cpowell on Fri, 2008-10-10 19:28 Section: Daily Dispatches7:25p ET Friday, October 11, 2008
Dear Friend of GATA and Gold:
JSMineSet.com's gold market analyst, Dan Norcini, may say most of what needs to be said about a world where gold is being bought in panic everywhere except in London and New York, where it is being sold in panic, at least in paper form. You can find Norcini's commentary and chart here:
Nouriel Roubini: Collapse imminent without huge reflation program
Submitted by cpowell on Thu, 2008-10-09 22:54 Section: Daily Dispatches10:50p ET Thursday, October 9, 2008
Dear Friend of GATA and Gold:
'Unprecedented demand' for U.S. gold coins? Hardly
Submitted by cpowell on Thu, 2008-10-09 22:38 Section: Daily Dispatches10:37p ET Thursday, October 9, 2008
Dear Friend of GATA and Gold:
While the U.S. Mint attributes to "unprecedented demand" its suspension of the production of gold coins, coin market reporter Michael Zielinski shows that it's not true. Zielinski, a White Plains, N.Y., resident who publishes the Mint News Blog (http://mintnewsblog.blogspot.com) and Coin Update
Perth Mint booms amid financial meltdown
Submitted by cpowell on Thu, 2008-10-09 21:47 Section: Daily DispatchesBy Louise Burke
The West Australian, Perth
Thursday, October 2, 2008
http://www.thewest.com.au/default.aspx?MenuID=32&ContentID=100692
Perth Mint has hired more staff and added a third shift to its factory roster to keep up with the demand for gold coins as volatile markets send investors scrambling to buy into the perceived safe haven.
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