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Daily Dispatches

Counterfeiting, not barter, is thrust of threat against Liberty Dollar

Section: Daily Dispatches

Liberty Dollar Medallions
Could Land Coin Collectors in Jail

By Tristan Scott
The Missoulian, Missoula, Montana
Sunday, October 15, 2006

http://www.missoulian.com/articles/2006/10/15/news/mtregional/news07.txt

A trendy alternative to legal tender, the Liberty Dollar, could now land coin-aisseurs in prison for up to five years, according to federal prosecutors.

"Although we haven't had any of these types of cases in Montana yet, the statute says using one of these coins as legitimate money could be a crime," said Kurt Alme, assistant U.S. attorney for Montana. "It looks like if you make or attempt to pass a coin of gold or silver as current money it's a crime."

F. William Engdahl: Crisis of the U.S. dollar system

Section: Daily Dispatches

This is the text a presentation at an international conference organized by Zeitschrift and held in Feldkirch, Austria, in September 2003. It was posted this week at GlobalResearch.ca.

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By F. William Engdahl

http://www.globalresearch.ca/index.php?context=viewArticle&code=ENG20061...

It's accepted wisdom that the United States, despite recent problems, is still the strongest growth locomotive for the world economy, the pillar of the global system. What if we were to discover that, instead of being the pillar, that the United States was, in fact, the heart of a dysfunctional economic system, which is spreading instability, unemployment, and depression globally?

Co-ordinated bailouts may no longer be possible

Section: Daily Dispatches

The Credit Business
Is More Perilous Than Ever

By John Plender
Financial Times, London
Friday, October 13, 2006

http://www.ft.com/cms/s/e8d5eafe-5a57-11db-8f16-0000779e2340.html

The losses of the troubled Amaranth and Vega hedge funds have led to predictable calls for more hedge fund regulation. So too will the decision by Philippe Jabre, heavily fined by the Financial Services Authority, to set up a hedge fund in Geneva.

The wizard's farewell

Section: Daily Dispatches

11:22p ET Thursday, October 12, 2006

Dear Friend of GATA and Gold:

Our friend R.P. writes:

"I love you guys and all but sometimes it seems as if you are only negative about world operations. Sorry, but I am in a good mood until I read most of your dispatches. I am a believer in the gold price suppression conspiracy but I believe more in peace of mind. Good luck and please put some positive dispatches in the loop."

Peter Brimelow: Indians back buying gold

Section: Daily Dispatches

LeMetropole Cafe Talks Up
Market-Manipulation Theories

By Peter Brimelow
CBSMarketWatch.com
Thursday, October 12, 2006

http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BCABF2A81%2D2106...

The Hulbert Gold Newsletter Sentiment Index, which represents the average gold market exposure among a subset of short-term gold-timing newsletters, stood at a reading of minus 25% on Wednesday night. That's not far off the all-time low, and it's a dramatic change from the stubborn bullishness that gold-timers displayed when the current downleg began, in September.

In defense of the Liberty Dollar

Section: Daily Dispatches

8:50p ET Tuesday, October 10, 2006

Dear Friend of GATA and Gold:

Bernard von NotHaus, one of the founders of the independent Liberty Dollar silver currency in the United States, has written an essay protesting the recent attempt of the U.S. Mint to portray the Liberty Dollar as a form of counterfeiting after eight years of U.S. government statements acknowledging that the Liberty Dollar was simply a legal private means of exchange. NotHaus' essay is titled "Get the Liberty Dollar ... Unjustly Defamed by the U.S. Mint?," and you can find it at FreeMarket News here:

No big gold sales in latest European Central Bank report

Section: Daily Dispatches

So which central bank or treasury department has been dumping all that metal?

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ECB Gold Reserves Down € 40 Million,
Forex + € 400 Million In Week To Oct 6

By Saadia Hashmy
Dow Jones Newswires
Tuesday, October 10, 2006

http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20061010%5cACQDJO...

LONDON -- The Eurosystem's reserves of gold and gold receivables fell € 40 million to € 175.33 billion in the week ended Oct. 6, the European Central Bank said Tuesday.

Izzy Friedman explains optimism for silver; Ted Butler reports on CBOT

Section: Daily Dispatches

8:36p ET Tuesday, October 10, 2006

Dear Friend of GATA and Gold:

Izzy Friedman, mentor of silver market analyst Ted Butler, writes in "Silver for the Optimist, Gold for the Pessimist" that silver's prospects are better than gold's because of silver's tighter supply. And Butler reports on his notification of the Chicago Board of Trade that the concentration of silver shorts on the New York Mercantile Exchange's Comex division has wormed itself into the CBOT as well.

As miners battle each other, Bolivia may seize inactive mines

Section: Daily Dispatches

By Dan Keane
Associated Press
Sunday, October 8, 2006

http://news.yahoo.com/s/ap/20061008/ap_on_re_la_am_ca/bolivia_miners;_yl...

Bolivia's president said Saturday the government should expropriate mines where private owners have not invested sufficiently, taking aim at the industry after clashes between rival bands of miners left at least 16 dead.

Gasoline price manipulation before the elections

Section: Daily Dispatches

By Peter Stojan
www.LewRockwell.com
Friday, October 6, 2006

Is Goldman Sachs manipulating the gasoline futures market to push prices down before the November elections?

It sure looks that way. ...

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For the full essay:

http://www.lewrockwell.com/orig7/stojan1.html

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Join GATA
at the
New Orleans Investment Conference
Wednesday-Sunday, November 15-19, 2006

http://www.neworleansconference.com

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