Daily Dispatches

Calpers approves big increase in commodity investments

Section:

By Saijel Kishan
Bloomberg News Service
Thursday, February 28, 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aps_cctZFFP0

The California Public Employees Retirement System, the largest U.S. pension fund, may increase its commodities investments 16-fold to $7.2 billion through 2010 as raw materials prices surge to records.

Even Rhona O'Connell thinks IMF gold sales will mean little

Section:

8:45a ET Thursday, February 28, 2008

Dear Friend of GATA and Gold:

Ron Paul shares the political wealth with like-minded candidates

Section:

By Jonathan Allen
Congressional Quarterly, Washington
Wednesday, February 27, 2008

http://www.cqpolitics.com/wmspage.cfm?docID=news-000002677795

Ron Paul is starting to give like-minded candidates a taste of the political gold he discovered on the Internet by lending his endorsement and renting out his donor list.

Industrial, political pressure rises on ECB to weaken euro

Section:

Falling Dollar and Soaring Euro
Pose Threat of Jobs Exodus

By Ambrose Evans-Pritchard
The Telegraph, London
Thursday, February 28, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/28/cneuro...

Russia quietly starts to shift its oil trade into rubles

Section:

By Andrew E. Kramer
The New York Times
Wednesday, February 27, 2008

http://www.nytimes.com/2008/02/27/business/worldbusiness/27place.html?re...

MOSCOW -- Americans surely found little to celebrate when the price of oil settled above $100 a barrel last week.

Asian central banks intervene to slow dollar's fall

Section:

Dollar Plunge Sends Asian Currencies Surging;
Some Central Banks Intervene in Market

By Arran Scott
Dow Jones Newswires
via Associated Press
and International Herald-Tribune, Paris

http://www.iht.com/articles/ap/2008/02/27/business/AS-FIN-MKT-Asian-Curr...

Fed chairman signals another interest rate cut

Section:

By Jeannine Aversa
Associated Press
via Yahoo News
Wednesday, February 27, 2008

http://news.yahoo.com/s/ap/20080227/ap_on_bi_ge/bernanke_congress

Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy.

Greenspan tells Gulf oil producers to dump the dollar

Section:

Dropping Gulf's Dollar Peg
Would Ease Inflation: Greenspan

By Souhail Karam and Stanley Carvalho
Reuters
Monday, February 25, 2008

http://www.reuters.com/article/ousivMolt/idUSL2515874520080225

Please don't expect sustained inflation, Bank of England deputy wimpers

Section:

Bank of England Fears Largest Peacetime Liquidity Crisis

By Angela Monaghan
The Telegraph, London
Tuesday, February 26, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/02/26/bcnlom...

Ted Butler: The real deal

Section:

8:30p ET Tuesday, February 27, 2008

Dear Friend of GATA and Gold:

Syndicate content