Daily Dispatches

Dollars may come home from Mideast to buy Dow Chemical

Submitted by cpowell on Sun, 2007-04-08 17:20 Section: Daily Dispatches

From Reuters
Sunday, April 8, 2007

http://www.reuters.com/article/ousiv/idUSLAU86960620070408

LONDON -- A consortium of Middle Eastern investors and American buyout firms is preparing a $50 billion approach for Dow Chemical Co. in what could be the world's biggest-ever leveraged buyout, a newspaper said on Sunday.

Read more about Dollars may come home from Mideast to buy Dow Chemical

Is Barrick trying to depress NovaGold's price before new bid?

Submitted by cpowell on Sat, 2007-04-07 12:39 Section: Daily Dispatches

12:40p ET Saturday, April 7, 2007

Dear Friend of GATA and Gold:

The headline on GATA's dispatch last Thursday, "NovaGold Beats Barrick" -- http://www.gata.org/node/4968 -- may have been premature.

Read more about Is Barrick trying to depress NovaGold's price before new bid?

Grandich Letter supports GATA as it surveys markets, miners

Submitted by cpowell on Sat, 2007-04-07 12:17 Section: Daily Dispatches

12:15p ET Saturday, April 7, 2007

Dear Friend of GATA and Gold:

The latest edition of market analyst Peter Grandich's letter expresses support for GATA as it surveys conditions in the markets and examines the prospects for some mining companies. You can find it here:

http://www.grandich.com/docs/alert_04-07-07.pdf

CHRIS POWELL, Secretary/Treasurer

Read more about Grandich Letter supports GATA as it surveys markets, miners

A bargain for those who'd suppress gold

Submitted by cpowell on Thu, 2007-04-05 22:29 Section: Daily Dispatches

Barrick CEO Got Big Boost
in Compensation in 2006

By Andy Hoffman
The Globe and Mail, Toronto
Friday, March 30, 2007

http://www.theglobeandmail.com/servlet/story/LAC.20070330.RTICKER30-3/TP...

Read more about A bargain for those who'd suppress gold

Goldman Sachs is biggest creditor of bankrupt New Century

Submitted by cpowell on Thu, 2007-04-05 22:15 Section: Daily Dispatches

New Century Collapse Sends Shockwaves
Through Wall Street's Biggest Lenders

By Robert Lindsay
The Times, London
Wednesday, April 4, 2007

http://business.timesonline.co.uk/tol/business/industry_sectors/banking_...

Read more about Goldman Sachs is biggest creditor of bankrupt New Century

Blanchard research note: Not much more gold likely to come out of Europe

Submitted by cpowell on Thu, 2007-04-05 21:58 Section: Daily Dispatches

10p ET Thursday, April 5, 2007

Dear Friend of GATA and Gold:

Blanchard & Co.'s research note for today does the math and concludes that the European central banks participating in the central bank gold agreements don't have much left to sell unless Germany and Italy change their positions, which seems unlikely. You can find the Blanchard research note at GoldSeek here:

Read more about Blanchard research note: Not much more gold likely to come out of Europe

Guess which investment bank is short silver

Submitted by cpowell on Thu, 2007-04-05 21:48 Section: Daily Dispatches

Silver 'Significantly Overvalued,'
Investment Bank Fortis Cautions

By Angel Maytaal
AFX News
via Forbes.com
Thursday, April 5, 2007

http://www.forbes.com/business/feeds/afx/2007/04/05/afx3586352.html

LONDON -- Silver is "significantly overvalued" and should retreat below 10 usd an ounce in the longer term, investment bank Fortis said in a monthly review of the metals market.