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Daily Dispatches
Bundesbank says gold reserves gaining importance
Submitted by cpowell on Fri, 2008-08-22 20:36 Section: Daily DispatchesBy Rene Wagner
Reuters
via The Guardian, London
Friday, August 22, 2008
http://www.guardian.co.uk/business/feedarticle/7744536
BERLIN -- Germany's Bundesbank on Friday rejected calls that it should sell some of its gold reserves to help boost the slowing German economy, telling Reuters that financial and political uncertainty make the reserves even more important than before.
Gerald P. O'Driscoll Jr: Washington is quietly repudiating its debts
Submitted by cpowell on Fri, 2008-08-22 20:27 Section: Daily DispatchesBy Gerald P. O'Driscoll Jr.
The Wall Street Journal
Friday, August 22, 2008
http://online.wsj.com/article/SB121936581501662161.html?mod=opinion_main...
Mint to ration gold coins as it resumes taking orders
Submitted by cpowell on Fri, 2008-08-22 20:16 Section: Daily DispatchesU.S. Mint to Resume Distribution of American Eagle Gold Coins
By Vincent Del Giudice
Bloomberg News Service
Fridaqy, August 22, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aCxIWL5S4le4&refer=home
Ted Butler: The smoking gun
Submitted by cpowell on Fri, 2008-08-22 13:46 Section: Daily Dispatches2:45p ET Friday, August 22, 2008
Dear Friend of GATA and Gold:
Richard J. Greene: Amateur hour in the precious metals markets
Submitted by cpowell on Thu, 2008-08-21 21:53 Section: Daily Dispatches9:45p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Richard J. Greene of Thunder Capital Management strikes some brutal but well-deserved blows against all the bad guys in his new essay, "Amateur Hour in the Precious Metals Markets." Greene writes:
Who could have anticipated such demand for gold?
Submitted by cpowell on Thu, 2008-08-21 20:58 Section: Daily Dispatches8:50p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Congressman extracts statement from Mint on gold coin shortage
Submitted by cpowell on Thu, 2008-08-21 19:25 Section: Daily Dispatches7:20p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
Bank borrowing from ECB is out of control
Submitted by cpowell on Thu, 2008-08-21 13:11 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, August 21, 2008
http://www.telegraph.co.uk/money/main.jhtml?view=DETAILS&grid=&xml=/mone...
The European Central Bank has issued the clearest warning to date that it cannot serve as a perpetual crutch for lenders caught off-guard by the severity of the credit crunch.
American Eagle gold coins sold out after spree
Submitted by cpowell on Thu, 2008-08-21 12:44 Section: Daily DispatchesBy Frank Tang
Reuters
Thursday, August 21, 2008
http://www.reuters.com/article/ousivMolt/idUSN2140103820080821
NEW YORK -- A buying spree in the popular American Eagle bullion coins appears to have depleted inventory of major North American coin dealers, contributing to supply fears and sharply higher gold prices on Thursday.
Wall Street Journal reports gold coin shortage, cites GATA
Submitted by cpowell on Thu, 2008-08-21 12:21 Section: Daily Dispatches12:15p ET Thursday, August 21, 2008
Dear Friend of GATA and Gold:
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