Daily Dispatches

Ron Paul honored in metal in advance of his election


4:49p ET Tuesday, July 3, 2007

Dear Friend of GATA and Gold:

Teck Cominco offers 29% premium for Aur Resources


From Reuters
via Yahoo News
Tuesday, July 2, 2007


TORONTO -- Teck Cominco said on Tuesday it would buy Aur Resources in a friendly cash and stock offer worth C$4.1 billion ($3.87 billion), boosting the base metal giant's copper production.

Mining-state senators want cap gains tax cut for metals


Crapo, Reid Seek Reductions
in Precious Metals Taxes

Fair Treatment for
Precious Metals Investment Act
Lowers Capital Gains Rate

U.S. Senate Press Release
Tuesday, June 5, 2007


David Bond: Silver Summit 2007 -- a magical mystery tour


8:45p ET Monday, July 2, 2007

Dear Friend of GATA and Gold:

The call for the 2007 Silver Summit, to be held in September in the fabled Silver Valley of northern Idaho, was proclaimed today by David Bond, editor of the Silver Valley Mining Journal.

James Turk: The antidote for subprime woes


2p ET Monday, July 2, 2007

Dear Friend of GATA and Gold:

Rob Peebles: The CDO flying circus


By Rob Peebles
Saturday, June 30, 2007


S&P, Moody's masking $200 billion of subprime bond risk


By Mark Pittman
Bloomberg News Service
Friday, June 29, 2007


NEW YORK -- Standard & Poor's, Moody's Investors Service, and Fitch Ratings are masking burgeoning losses in the market for subprime mortgage bonds by failing to cut the credit ratings on about $200 billion of securities backed by home loans.

With CDOs, Wall Street sold the world a box of sewage


Does It All Add Up?

By Saskia Scholtes and Gillian Tett
Financial Times, London
Thursday, June 28, 2007


As head of the financial stability unit at the Banque de France, Imene Rahmouni-Rousseau travelled to America this month to look at the current turmoil in the US subprime mortgage world.

Peter Brimelow: Gold bugs disappointed but keep the faith


By Peter Brimelow
Sunday, July 1, 2007


NEW YORK -- Gold disappointed its friends last week. But they've not given up.

A year after defeat, Mexican leftist fades away


By Catherine Bremer
Sunday, July 1, 2007


MEXICO CITY -- The leftist who a year ago was a hair's breadth from winning Mexico's presidency was reduced to political artifact on Sunday, drawing a fraction of his old crowds to an anniversary rally.

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