Daily Dispatches

Gene Arensberg: Banks covering gold shorts, not silver yet

Section:

8:15a ET Tuesday, September 16, 2008

Dear Friend of GATA and Gold (and Silver):

Gold trader, employee charged in wife's murder

Section:

By The Associated Press
via Yahoo News
Monday, September 15, 2008

http://news.yahoo.com/s/ap/20080916/ap_on_re_us/parking_structure_attack...

LOS ANGELES -- A wealthy gold trader was charged Monday with paying one of his workers to arrange the stabbing death of the businessman's estranged wife, authorities said.

Listen to Las Vegas conference debate on gold price manipulation

Section:

9:18p ET Monday, September 15, 2008

Dear Friend of GATA and Gold:

Al Korelin of the Korelin Economics Report moderated the debate on gold price manipulation between GATA Chairman Bill Murphy and Resource Investor's Tim Wood at the Hard Assets Investment Conference in Las Vegas last Wednesday, and now audio of the debate has been posted at the Korelin site here:

Jonathan Weil: Lehman fails but market cops are eating doughnuts

Section:

By Jonathan Weil
Bloomberg News
Monday, September 15, 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=atzOPo2aWj2I

Now can we get some subpoenas flying?

In emirates, people are buying gold 'as if it's free'

Section:

Mad Rush for Gold as Prices Dip

By Anwar Ahmad
Khaleej Times, Dubai
Monday, September 15, 2008

http://www.khaleejtimes.com/DisplayArticleNew.asp?section=theuae&xfile=d...

Central banks open up spigots in bid to ease fears

Section:

By Joellen Perry and Alistair MacDonald
The Wall Street Journal
Tuesday, September 16, 2008

http://online.wsj.com/article/SB122146752303935835.html

Central banks around the world pumped cash into money markets Monday as the toppling of Wall Street titans sent shock waves across the globe.

J.S. Kim: The law of supply and demand is dead for gold and silver

Section:

5p ET Monday, September 15, 2008

Dear Friend of GATA and Gold:

Investment and market analyst J.S. Kim takes note of all the increasingly anomalous behavior in the gold and silver markets in his new essay at Seeking Alpha, "The Law of Supply and Demand Is Dead for Gold and Silver," which you can find here:

Fed urging Morgan, Goldman to lend AIG $70 billion

Section:

By Joseph A. Giannone
Reuters
Monday, September 15, 2008

http://www.reuters.com/article/marketsNews/idINWEN809420080915?rpc=44

NEW YORK -- The Federal Reserve has asked JPMorgan Chase and Goldman Sachs to explore arranging $70 billion to $75 billion in loans to support insurer American International Group, among other financing options, a person familiar with the situation said.

AIG seeks $40 billion loan from Fed

Section:

By Andrew Ross Sorkin and Michael J. de la Merced
The New York Times
Sunday, September 14, 2008

http://dealbook.blogs.nytimes.com/2008/09/14/aig-seeks-fed-aid-to-surviv...

Banks announce $70 billion loan program

Section:

By Joe Bel Bruno
Associated Press
via Yahoo News
Sunday, September 14, 2008

http://news.yahoo.com/s/ap/20080915/ap_on_bi_ge/banks_plan;_ylt=AgsxxDBU...

NEW YORK -- A group of global banks and securities firms announced late Sunday a $70 billion loan program that financial companies can tap to help ease a credit shortage that threatens global financial markets.

Syndicate content