You are here
Daily Dispatches
Fed waives rules so banks can underwrite their brokerages more
Submitted by cpowell on Sun, 2007-08-26 15:00 Section: Daily DispatchesBy Peter Eavis
Fortune magazine
via CNNMoney.com
Friday, August 24, 2007
http://money.cnn.com/2007/08/24/magazines/fortune/eavis_citigroup.fortun...
Gene Arensberg: Bargain hunter's delight for gold and silver mining shares
Submitted by cpowell on Sun, 2007-08-26 14:46 Section: Daily Dispatches2:45p ET Sunday, August 26, 2007
Dear Friend of GATA and Gold:
Gene Arensberg's new "Got Gold Report" at Resource Investor sees a "Bargain Hunter's Delight for Gold and Silver Mining Shares." You can find it here:
http://www.resourceinvestor.com/pebble.asp?relid=35076
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action committee Inc.
* * *
Join GATA at these conferences:
Bill Gross: Govt. should rescue overindebted homeowners directly
Submitted by cpowell on Sun, 2007-08-26 12:41 Section: Daily DispatchesWhere's Waldo? Where's W?
By Bill Gross
Pacific Income Management Co.
http://www.pimco.com/LeftNav/Featured+Market+Commentary/IO/2007/IO+Septe...
During times of market turmoil it helps to simplify and get basic -- explain things to a public and even yourself in terms of what can be easily understood.
Will Hutton: Curb the greedy global financiers
Submitted by cpowell on Sun, 2007-08-26 12:26 Section: Daily DispatchesWhile obeisant governments bail out dodgy plutocrats, it's ordinary people who foot the bill
By Will Hutton
The Observer, London
Sunday, August 26, 2007
http://business.guardian.co.uk/comment/story/0,,2156599,00.html
Freedom fighter, film director, and GATA supporter Aaron Russo dies
Submitted by cpowell on Sat, 2007-08-25 21:06 Section: Daily Dispatches9p ET Saturday, August 25, 2007
Dear Friend of GATA and Gold:
Country's top decisions are made in secret by the Fed
Submitted by cpowell on Sat, 2007-08-25 09:53 Section: Daily DispatchesBy Chris Powell
Journal Inquirer, Manchester, Connecticut
Saturday, August 25, 2007
http://www.journalinquirer.com/site/news.cfm?newsid=18741023&BRD=985&PAG...
Paper gold slow to catch on in India
Submitted by cpowell on Sat, 2007-08-25 09:43 Section: Daily DispatchesFrom Reuters
Saturday, August 25, 2007
http://in.reuters.com/article/businessNews/idINIndia-29146020070825
NEW DELHI -- Indian investments in gold exchange-traded funds are likely to rise steadily over the next few years, but it will take a long time before they pose a challenge to sales of gold jewellery, coins, and bars, experts say.
Ambrose Evans-Pritchard: Do freight rates tell the true story?
Submitted by cpowell on Fri, 2007-08-24 20:34 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
August 25, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/25/ccfrei...
The cost of leasing cargo ships to carry coal and metal to China reached an all-time high this week, defiantly ignoring a month of panic and tumbling prices across the commodity markets.
With money markets still in distress, cut in interest rates is expected
Submitted by cpowell on Fri, 2007-08-24 17:44 Section: Daily DispatchesJitters Hint at Further Intervention
By John Authers
Financial Times, London
Friday, August 24, 2007
http://www.ft.com/cms/s/0/79cf23e6-5281-11dc-a7ab-0000779fd2ac.html
A week after the US Federal Reserve's decision to cut the rate at which it lends to banks, the move has yet to achieve its purpose of reviving global money markets.
Bank of China Ltd. discloses $10 billion in subprime holdings
Submitted by cpowell on Thu, 2007-08-23 22:57 Section: Daily DispatchesBy Luo Jun
Bloomberg News Service
Friday, August 24, 2007
http://www.bloomberg.com/apps/news?pid=20601087&sid=aP.ncmcX8zTM&refer=home
SHANGHAI -- Bank of China Ltd. was set for its biggest drop since going public after disclosing almost $9.7 billion of securities backed by U.S. subprime loans, the most of any Asian company.
Pages
