Daily Dispatches

Dollar peg pushes Saudi inflation above official interest rates

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Saudi to Debate Riyal-Dollar Peg

From the Gulf Daily News
Manama, Bahrain
Monday, January 28, 2008

http://www.gulf-daily-news.com/Story.asp?Article=207044&Sn=BUSI&IssueID=...

Emergency rate cut revives talk of 'Bernanke put'

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By Alister Bull
Reuters
Sunday, January 27, 2008

http://www.reuters.com/article/ousiv/idUSN2735782820080127?sp=true

WASHINGTON -- An emergency U.S. interest rate cut last week rekindled perceptions the Federal Reserve has a bias to protect the stock market, and a French bank trading scandal has made matters worse.

South African miners in desperate talks over power crisis

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By James Macharia
Reuters
Sunday, January 27, 2008

http://africa.reuters.com/wire/news/usnL27262918.html

JOHANNESBURG -- South African mining companies were allowed to resume underground maintenance work on Sunday as a power crisis that has crippled the country's mining industry entered a third day.

James Turk: The 'real' gold price

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9:12p ET Friday, January 25, 2008

Dear Friend of GATA and Gold:

Treasury's gold auditor doesn't know if reserves are leased or swapped

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Feds Accused of Gold Price Manipulation

By Jerome R. Corsi
WorldNetDaily.com
Friday, January 25, 2008

http://www.wnd.com/news/article.asp?ARTICLE_ID=59876

Ted Butler: The coming investment boom in silver

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10:30p ET Thursday, January 24, 2008

Dear Friend of GATA and Gold:

Richard J. Greene: Don't trust gold and silver ETFs to have any metal

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9:28p ET Thursday, January 24, 2008

Dear Friend of GATA and Gold:

Richard J. Greene, managing partner of Thunder Capital Management in Clearwater, Florida, expresses skepticism of the gold and silver exchange-traded funds in his new essay, "Gold and Silver ETFs' Disparities with Gold Price Mean Higher Risk." You can find it at Market Oracle here:

John Crudele: You should be wary of this market rebound

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By John Crudele
New York Post
Thursday, January 24, 2008

http://www.nypost.com/seven/01242008/business/you_should_be_wary_of_this...

It's a miracle -- two days in a row.

The stock market was going to hell again yesterday when suddenly -- out of a cloud of dust and a hearty hi-ho, Silver -- someone came to the rescue.

European Central bank deeply split on immediate rate cut

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Fed move sparks ECB dilemma

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, January 25, 2008

DAVOS, Switzerland -- A serious conflict at the European Central Bank has broken into the open after Spain's finance minister revealed that a number of board members are pushing for an immediate rate cut in light of the emergency action by the US Federal Reserve week.

Did Societe Generale trades trigger market rout, Fed cut?

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By Sitaraman Shankar and Blaise Robinson
Reuters
Thursday, January 24, 2008

http://www.reuters.com/article/newsOne/idUSL2455504620080124

Societe Generale's shock disclosure of a fraud that lost it $7 billion has left investors wondering about a link between the fiasco and Monday's European stock market rout.

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