Daily Dispatches

Ron Paul: What the price of gold is telling us

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1:30p ET Saturday, March 15, 2008

Dear Friend of GATA and Gold:

President convenes Plunge Protection Team on Monday

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Bush to Meet with
Financial Policymakers

By James Vicini and Tim Ahmann
Reuters
Saturday, March 15, 2008

http://www.reuters.com/article/ousiv/idUSN1546284420080315

WASHINGTON -- President George W. Bush plans to meet on Monday with top U.S. financial policymakers, the White House said, with the meeting coming at a time of increased strains in credit markets.

James Turk: The other reason to own gold

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2:14a ET Saturday, March 15, 2008

Dear Friend of GATA and Gold:

Fed, not Morgan Chase, bears risk of Bear Stearns bailout

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Fed Races to Rescue Bear Stearns
In Bid to Steady Financial System

Storied Firm Sees
Stock Plunge 47%;
J.P. Morgan Steps In

By Kate Kelly, Greg Ip, and Robin Sidel
The Wall Street Journal
Saturday, March 15, 2008

http://online.wsj.com/article/SB120550108028136579.html?mod=yahoo_hs&ru

Goldman expects 'explosive' commodities, oil rising to $175

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By Claudia Carpenter and Alexander Kwiatkowski
Bloomberg News Service
Friday, March 14, 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aUmQ3MBOkx_0

Commodities may have "explosive rallies" in the next couple of years, with crude oil rising to $175 a barrel, according to Goldman Sachs Group Inc.

Fed bails out Bear Stearns as stocks plunge

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Fed Pledges to Supply Cash

By Martin Crutsinger
Associated Press
via Yahoo News
Friday, March 14, 2008

http://news.yahoo.com/s/ap/20080314/ap_on_bi_ge/fed_credit_crisis;_ylt=A...

David Morgan: Nothing beats gold and silver in hand

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10:03p ET Thursday, March 13, 2008

Dear Friend of GATA and Gold:

Two financial houses are expecting currency intervention

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Or should that read 'praying for' intervention?

... As if the central banks haven't been
intervening in the markets every day for
years now!

* * *

By John Fraher and Simon Kennedy
Bloomberg News Service
Thursday, March 13, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aOg5ATtR4yto&refer=h...

At least there's SOMETHING in Ethiopia's gold vault

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What's in yours, Secretary Paulson?

* * *

By Elizabeth Blunt
British Broadcasting Corp.
Thursday, March 13, 2008

http://news.bbc.co.uk/2/hi/africa/7294665.stm

ADDIS ABABA -- Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.

ECB urged to rig currency market, just like gold market

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Time for the ECB to Start Buying Dollars

By Lionel Laurent
Forbes magazine
Thursday, March 13, 2008

http://www.forbes.com/2008/03/13/bofinger-dollar-euro-face-markets-cx_ll...

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