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Daily Dispatches
Antal Fekete: Part 3 of Peak Gold! A primer on true hedging
Submitted by cpowell on Tue, 2007-09-18 21:42 Section: Daily Dispatches9:30p ET Tuesday, September 18, 2007
Dear Friend of GATA and Gold:
Hard-money economist Antal Fekete's third installment in his series of "Peak Gold" essays brilliantly and wittily defends his proposition that any gold mining company's hedging its gold production beyond one year is fraudulent.
Add 'gold' and the Financial Times sounds like GATA
Submitted by cpowell on Tue, 2007-09-18 20:00 Section: Daily Dispatches8p ET Tuesday, September 18, 2007
Dear Friend of GATA and Gold:
Gold seen anticipating lower worldwide interest rates
Submitted by cpowell on Tue, 2007-09-18 17:32 Section: Daily DispatchesGold Rises to Highest Since 1980
as Dollar Slumps on Fed's Rate Cut
By Pham-Duy Nguyen
Bloomberg News Service
Tuesday, September 18, 2007
http://quote.bloomberg.com/apps/news?pid=20601087&sid=aETKbEA6eXR4
China unloads $5 billion for vast mineral concessions in Congo
Submitted by cpowell on Tue, 2007-09-18 17:16 Section: Daily DispatchesChina Lends Congo $5 Billion
in Latest Foray into Africa
By Joe Bavier
Reuters
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/nm/20070918/wl_nm/congo_democratic_china_dc_1
Ted Butler: Different patterns in silver traders report
Submitted by cpowell on Tue, 2007-09-18 15:04 Section: Daily Dispatches3p ET Tuesday, September 18, 2007
Dear Friend of GATA and Gold:
Fed gets aggressive, cuts rate by half point
Submitted by cpowell on Tue, 2007-09-18 14:38 Section: Daily DispatchesBy Martin Crutsinger
Associated Press
via Yahoo News
Tuesday, September 18, 2007
http://news.yahoo.com/s/ap/20070918/ap_on_bi_ge/fed_interest_rates;_ylt=...
Britain considers copying U.S. and German deposit insurance
Submitted by cpowell on Tue, 2007-09-18 10:48 Section: Daily DispatchesBank Shares Rally After Chancellor Steps In
By Peter Thal Larsen, Chris Giles,
and George Parker
Financial Times, London
Tuesday, September 18, 2007
http://www.ft.com/cms/s/0/cc10b29c-655e-11dc-bf89-0000779fd2ac.html
More banks may need bailouts as fear grows in Britain
Submitted by cpowell on Tue, 2007-09-18 00:26 Section: Daily DispatchesBy Katherine Griffiths
The Telegraph, London
Tuesday, September 18, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=NLRSMJNVCXQELQFIQ...
Exiting dollar, Iran puts 70% of reserves in other currencies and gold
Submitted by cpowell on Mon, 2007-09-17 23:09 Section: Daily DispatchesFrom Agence France-Press
via Daily Times, Lahore, Pakistan
Tuesday, September 18, 2007
http://www.dailytimes.com.pk/default.asp?page=2007%5C09%5C18%5Cstory_18-...
Financial Times: Spain is finished with gold sales
Submitted by cpowell on Mon, 2007-09-17 21:49 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Monday, September 17, 2007
http://www.ft.com/cms/s/0/22f4ab90-6546-11dc-bf89-0000779fd2ac.html
LONDON -- The Bank of Spain, the largest seller of gold this year under the central banks' gold agreement, plans no more significant sales of the precious metal, a move that is likely to fuel the recent surge in prices.