You are here
Daily Dispatches
Citigroup suspends four bond traders amid investigation of market manipulation
Submitted by cpowell on Sat, 2005-02-05 03:00 Section: Daily DispatchesDollar to Keep Recent Strength After G7
By Greg Robb
CBSMarketWatch.com
Saturday, February 5, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7B8FCA3C0B-BC67-48A2-
BC7F-1B363454F752%7D&siteid=mkwt
WASHINGTON -- The dollar's value should remain steady at recent
elevated levels in the aftermath of the G-7 finance ministers
Is IMF gold really meant to rescue not poor countries but bullion banks?
Submitted by cpowell on Fri, 2005-02-04 03:00 Section: Daily Dispatches9:37p ET Thursday, February 3, 2005
Dear Friend of GATA and Gold:
If you'd like to take your mind off the rigging
of the markets while the finance ministers meet
in London, here are a couple of good opportunities.
Richard Appel, observing that bull markets tend
to spend most of their time in downward
corrections, writes "Patience Will Be Rewarded."
You can find his essay at GoldSeek here:
Russia will increase euro and decrease dollar in targeting of ruble''s value
Submitted by cpowell on Fri, 2005-02-04 03:00 Section: Daily Dispatches11:53p ET Thursday, February 3, 2005
Dear Friend of GATA and Gold:
A couple of wonderful posts tonight at the
USAGold.com Forum about the latest IMF gold
sales/revaluation frenzy whipped up by
British Chancellor Gordon Brown should be
widely shared, and so they are appended.
The first is by USAGold's proprietor,
Michael Kosares, the second by his brilliant
assistant, Randy Strauss.
Regulator of U.S. mortgage giants wants to be ready to for their bankruptcy
Submitted by cpowell on Fri, 2005-02-04 03:00 Section: Daily DispatchesMoscow News
Friday, February 4, 2005
http://www.mosnews.com/money/2005/02/04/currencybasket.shtml
Russia's central bank said on Friday it had begun targeting the
ruble's nominal exchange rate against the euro as well as the dollar,
the Reuters news agency reports. The shift is meant to bring currency
policy more in line with trade flows.
After currency basket for rouble, Russia may price oil in euros
Submitted by cpowell on Fri, 2005-02-04 03:00 Section: Daily DispatchesFannie, Freddie regulator
seeks power to close companies;
legislation begins moving in Congress
By Robert Schroeder
CBSMarketWatch.com
Thursday, February 3, 2005
WASHINGTON -- The federal office that regulates Fannie Mae and
Freddie Mac is seeking authority to close the giant mortgage finance
companies in the event of a financial crisis, as legislation
toughening rules on the firms begins to make its way through
Will IMF''s gold be revalued or sold to forgive poor countries'' debt?
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily Dispatches11:19p ET Wednesday, February 2, 2005
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood speculates that Newmont
Mining may be contemplating a bid for Gold Fields that
terminates Harmony Gold's attempt to take over the
company. You can find Wood's speculation here:
Europeans said no longer so concerned about euro''s rise against dollar
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily DispatchesGold the G7 Key to Unlock Third World Debt
By Veronica Brown
Reuters
Thursday, February 3, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42023db3:cbb85e77
15e51778?type=topNews&localeKey=en_ZA&storyID=7528277
LONDON -- A plan that seems to spin money out of thin air to pay
poor countries' debts by revaluing IMF gold reserves is gathering
Nothing like a good smashing of gold to get you out of a bad meeting
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily DispatchesDollar vs. Euro Strength Is No Longer
a Big Concern, European G7 Source Says
From Reuters
Thursday, February 3, 2005
http://www.reuters.co.za/locales/c_newsArticle.jsp;:42025636:edb5271d
cc2e9e55?type=businessNews&localeKey=en_ZA&storyID=7529414
LONDON -- The strength of the euro against the dollar has become
Patience, Appel says, while Hultberg examines gold''s future as money
Submitted by cpowell on Thu, 2005-02-03 03:00 Section: Daily Dispatches9:09p ET Thursday, February 3, 2005
Dear Friend of GATA and Gold:
The Reuters story appended here may be most notable
for observing that, after weeks of clamor from Europe
about the dollar's decline, the dollar seems to have
"stabilized" on the eve of the G7 conference in London
-- perhaps so much so that Treasury Secretary John
Snow doesn't even have to show up. Nothing like a
If you like paper gold, you''ll love paper silver -- and here it comes
Submitted by cpowell on Wed, 2005-02-02 03:00 Section: Daily Dispatches9:24p ET Tuesday, February 1, 2005
Dear Friend of GATA and Gold:
Kitco.com and metals market analyst (and world-class
wit and grouch) Doug Casey announced today that they
are teaming up in a new Internet site of precious
metals market data and commentary:
Bart Kitner's introductory letter about the site can
be found here:
Pages
