Daily Dispatches

Peter Degraaf: August lows are upon gold and silver

Section:

12:10p ET Thursday, August 7, 2008

Dear Friend of GATA and Gold:

Market analyst Peter Degraaf cites GATA's work and that of GATA consultant Frank Veneroso and GATA supporter John Embry of Sprott Asset Management in his new commentary, "Gold and Silver -- the August Lows Are Upon Us," which you can find at GoldSeek here;

http://news.goldseek.com/GoldSeek/1218089340.php

Join GATA at the Silver Summit in Coeur d'Alene

Section:

12:05p ET Thursday, August 7, 2008

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy and several GATA favorites will be among the speakers at this year's Silver Summit conference in Coeur d'Alene, Idaho, to be held Thursday and Friday, September 18 and 19, with some optional fun offered in nearby Wallace, Idaho, on Saturday and Sunday, September 20 and 21.

Consumer prices rise fastest in 25 years -- and gold plunges

Section:

June Inflation Jumps as Incomes Barely Rise

By Glenn Somerville
Reuters
Monday, August 4, 2008

http://www.reuters.com/article/ousiv/idUSN0125539420080804

WASHINGTON -- Consumer prices jumped at the sharpest rate in more than a quarter century during June, and consumers coping with soaring costs received their smallest income gain in a year, the government said on Monday.

Ted Butler: Paper selling, physical buying

Section:

4:50p ET Monday, August 4, 2008

Dear Friend of GATA and Gold:

William Greider: The Fed is the problem, not the solution

Section:

Economic Free-Fall?

By William Greider
The Nation magazine, New York
Wednesday, July 30, 2008

http://www.thenation.com/doc/20080818/greider

Naked shorting's early critic starts to see some vindication

Section:

Byrne's Battle Helps Bring Curbs on Naked Short-Selling Practices

By Steven Oberbeck
The Salt Lake Tribune
Saturday, August 2, 2008

http://www.sltrib.com/ci_10079510

India's central bank shifts slowly away from dollar

Section:

Reserve Bank of India Takes Liking to Yuan, Australian Dollar

By Gayatri Nayak
Economic Times (India Times), Gurgaon
Monday, August 4, 2008

http://economictimes.indiatimes.com/Markets/Forex/RBI_takes_a_liking_to_...

Russia to centralize control of grain exports

Section:

This may make the price of Russian exports harder for Western banks to suppress with derivatives on the commodities markets.

* * *

Moscow to Seize Grain Export Controls

By Javier Blas
Financial Times, London
Thursday, July 31, 2008

http://www.ft.com/cms/s/0/debdb184-5f3f-11dd-91c0-000077b07658.html?ncli...

Nationalize Freddie and Fannie, Greenspan says

Section:

They've been given the key to the Treasury, and shorting them has been outlawed. So, Alan, haven't they been nationalized already?

* * *

Greenspan Says Housing Prices Not Yet Near Bottom

By Steve Matthews
Bloomberg News Service
Thursday, July 31, 2008

http://www.bloomberg.com/apps/news?pid=20601087&sid=aq_FnETHl1gM&refer=h...

Stressed banks borrow record amount from Fed

Section:

By John Parry
Reuters
Thursday, July 31, 2008

http://www.reuters.com/article/ousiv/idUSN3163777720080731?sp=true

NEW YORK -- Banks borrowed a record amount of funds from the Federal Reserve in the latest week as the year-old credit crisis took a persistent toll, while the commercial paper market continued to contract, signaling tough conditions for short term borrowers.

Syndicate content