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Daily Dispatches
Morgan Chase banker warns against interference in markets
Submitted by cpowell on Fri, 2009-01-30 21:52 Section: Daily DispatchesOr at least interference by anyone else....
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Banker Warns of Risk of Political Interference
By Peter Thal Larsen, Gillian Tett, and Francesco Guerrera
Financial Times, London
Friday, January 30, 2009
http://www.ft.com/cms/s/0/6a0a313c-ef04-11dd-bbb5-0000779fd2ac.html?ncli...
Gold rally fills vaults with bullion as bank stimulus increases
Submitted by cpowell on Thu, 2009-01-29 21:09 Section: Daily DispatchesBy Pham-Duy Nguyen and Nicholas Larkin
Bloomberg News
Friday, January 30, 2009
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0pWErBctHdM
The same unprecedented steps that central bankers are taking to rescue the banking system are driving investors to gold, the commodity investors buy when they lose confidence in financial assets.
Barrick chairman speculates China will dump dollars for gold
Submitted by cpowell on Thu, 2009-01-29 14:44 Section: Daily DispatchesGold LIkely to Hit New Highs on Dollar Fear: Barrick
By Barbara Lewis
Reuters
Thursday, January 29, 2009
http://www.reuters.com/article/worldEconomicNews/idUSLT65165320090129
DAVOS, Switzerland -- Gold is likely to hit new record highs, spurred by serious concern about the U.S. currency and doubt about the state of the world economy, the chairman of Barrick Gold Corp. said Thursday.
Peter Brimelow: Is gold really pausing?
Submitted by cpowell on Thu, 2009-01-29 00:39 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Wednesday, January 28, 2009
http://www.marketwatch.com/news/story/Is-gold-really-pausing/story.aspx?...
NEW YORK -- Mark Hulbert and the radical gold bugs agree: Gold could be pausing.
Gold gaining investors as U.S. prints trillions
Submitted by cpowell on Wed, 2009-01-28 21:00 Section: Daily DispatchesBy Frank Tang and Jennifer Ablan
Reuters
Wednesday, January 28, 2009
http://uk.reuters.com/article/personalFinanceNews/idUKLNE50R00P20090128
NEW YORK -- Gold, the traditional safe haven in times of economic turmoil, proved to be more a commodity that everyone loved to hate last year even amid the turbulence that engulfed world markets.
Another way to pretend that you're investing in gold
Submitted by cpowell on Wed, 2009-01-28 20:53 Section: Daily DispatchesOsmium Offers New Share Class Denominated in Gold
By Alistair Barr and Steve Goldstein
MarketWatch.com
Wednesday, January 28, 2009
http://www.marketwatch.com/news/story/osmium-unveils-new-share-class/sto...
Russian Prime Minister Putin urges end to dollar's stranglehold
Submitted by cpowell on Wed, 2009-01-28 20:40 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, January 28, 2009
http://www.telegraph.co.uk/finance/financetopics/davos/4376315/Russian-p...
Russian prime minister Vladimir Putin has called for concerted action to break the stranglehold of the US dollar and create a new global structure of regional powers.
Fed keeps rates at zero and prepares to monetize debt
Submitted by cpowell on Wed, 2009-01-28 14:39 Section: Daily DispatchesBy Craig Torres
Bloomberg News
Wednesday, January 28, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aXsP9Q.VvA.U&refer=home
WASHINGTON -- The Federal Reserve left the benchmark interest rate as low as zero and said it's prepared to purchase longer-term Treasury securities to resuscitate lending and the economy.
NY Fed's new president is former Goldman, Morgan executive
Submitted by cpowell on Wed, 2009-01-28 00:26 Section: Daily DispatchesDudley to Succeed Geithner at New York Fed
By Kristina Cooke
Reuters
Tuesday, January 27, 2009
http://www.reuters.com/article/newsOne/idUSTRE50Q0SN20090127
NEW YORK -- William Dudley, the head of the New York Federal Reserve Bank's markets group, has been chosen to succeed Timothy Geithner as president of the regional Fed bank, a source familiar with the decision said on Monday.
Thom Calandra: Hard-Asset'ers -- quotes that 'plata' our day
Submitted by cpowell on Tue, 2009-01-27 19:14 Section: Daily Dispatches6:11p CT Tuesday, January 27, 2009
Dear Friend of GATA and Gold:
Thom Calandra's "ThomWatch" column at Stockhouse today quotes some remarks made at the recent gold conferences in Vancouver and lauds GATA's work, for which we're grateful. Calandra's column is headlined "Hard-Asset'ers -- Quotes that 'Plata' Our Day," and you can find it at Stockhouse here:
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