Daily Dispatches

Ted Butler: Time out or about time?

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2:50p ET Tuesday, September 23, 2008

Dear Friend of GATA and Gold (and Silver):

Silver market analyst Ted Butler's new essay comments on short selling, Swiss fears of the failure of gold derivatives, and signs of possible short-covering by the biggest shorts in silver. Butler's essay is headlined "Time Out or About Time?" and you can find it at GoldSeek's companion site, SilverSeek, here:

Bailout will discredit all currencies, help gold, Tocqueville's Hathaway says

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From Bloomberg News
via Asbury Park Press, New Jersey
Tuesday, September 23, 2008

http://www.app.com/apps/pbcs.dll/article?AID=/20080923/BUSINESS/80923018

Gold will be the main beneficiary as concern about the U.S. government's Wall Street bailout triggers a plunge in the U.S. dollar, said Tocqueville Asset Management LP's John Hathaway.

'Hitler gets a margin call,' but what a difference a week makes

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9:15p ET Monday, September 22, 2008

Dear Friend of GATA and Gold:

Wall Street Journal thinks central banks might start liking gold again

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Gold May Regain Luster for World's Central Banks

Turmoil, Weak Dollar
Raise Metal's Profile;
Chinese 'Nibbling'?

By Andrea Hotter and Matt Whittaker
The Wall Street Journal
Monday, September 22, 2008

Central banks may be starting to turn to one of the few assets in which they can invest: gold.

Vietnam discovers that there's gold and 'gold'

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When Gold Trading Floors Lack Gold

From VietNamNet Bridge
Monday, September 22, 2008

http://english.vietnamnet.vn/biz/2008/09/804952/

Peter Brimelow: Radical gold bugs gloating but guarded

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By Peter Brimelow
MarketWatch.com
Monday, September 22, 2008

http://www.marketwatch.com/news/story/peter-brimelow-radical-gold-bugs/s...

NEW YORK -- Radical Goldbugs 1, Financial Establishment 0. However this game ends, the bugs are looking better right now.

Treasury now ready to buy any bad debt, not just mortgages

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U.S. Treasury Widens Plan to Buy Bad Debt

By Dawn Kopecki
Bloomberg News
Sunday, November 21, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aYXtwpG9mw9g&refer=h...

WASHINGTON -- The Bush administration widened the scope of its $700 billion plan to avert a financial meltdown by including assets other than mortgage-related securities.

Goldman, Morgan Stanley change status to get new Fed loans

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They too must be in big trouble.

* * *

Last Major Investment Banks Change Status

By Martin Crutsinger
Associated Press
via Yahoo News
Sunday, September 21, 2008

http://news.yahoo.com/s/ap/bank_change

Treasury's power grab begins to worry Congress

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Few Limits Proposed for Treasury

Draft Rescue Bill Bars Court Review, Riling Lawmakers

By Jess Bravin
The Wall Street Journal
Monday, September 22, 2008

http://online.wsj.com/article/SB122204156493561237.html?mod=article-outs...

Dollar may get 'crushed' as traders weigh bailout

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By Bo Nielsen and Anchalee Worrachate
Bloomberg News
Monday, September 22, 2008

http://www.bloomberg.com/apps/news?pid=20601101&sid=arSYa87HCb9U

U.S. Treasury Secretary Henry Paulson's plan to end the rout in U.S. financial markets may derail the dollar's three-month rally as investors weigh the costs of the rescue.

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