Daily Dispatches

As tourist site, NY Fed is worth its weight in gold

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By John Horn
Los Angeles Times
Wednesday, December 24, 2008

http://travel.latimes.com/articles/la-tr-fed28-2008dec28

The first gift

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9:30p ET Wednesday, December 24, 2008

Dear Friend of GATA and Gold:

And when they were come into the house, they saw the young child with Mary his mother, and fell down, and worshipped him: and when they had opened their treasures, they presented unto him gifts; gold, and frankincense and myrrh.

-- Matthew 2:11

Mint can't meet demand as investors buy assets they can hold

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By Sandy Shore
Associated Press
via Yahoo News
Wednesday, December 24, 2008

http://biz.yahoo.com/ap/081224/gold_hunt.html?.v=3

DENVER -- Investors who have forsaken shaky financial markets for the safety of gold must feel a little bit like prospectors.

Japan should write off its Treasury holdings, credit analyst says

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Japan Should Scrap U.S. Debt as Dollar May Plummet, Mikuni Says

By Stanley White and Shigeki Nozawa
Bloomberg News
Wednesday, December 24, 2008

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aFgHlh.Dn4Lc

Exporters meet to create 'gas OPEC'

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By Isabel Gorst and Ed Crooks
Financial Times, London
Tuesday, December 23, 2008

http://www.ft.com/cms/s/0/e11a283a-d0f1-11dd-8cc3-000077b07658.html

Energy ministers from 12 of the world's leading exporters of natural gas met in Moscow on Tuesday to create a producers' group that consumers fear could develop into an Opec-style cartel.

Eric Hommelberg: Extraordinarily bullish outlook for gold

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7p ET Tuesday, December 23, 2008

Dear Friend of GATA and Gold:

The new analysis by Eric Hommelberg of the Gold Discovery Letter extensively credits GATA's work exposing the manipulation of the gold market and includes some wonderful charts. It's headlined "Extraordinarily Bullish Outlook for Gold" and you can find it at GoldSeek here:

Ted Butler: More evidence of manipulation in CFTC's silver data

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6:35p ET Monday, December 22, 2008

Dear Friend of GATA and Gold (and Silver):

Gold doesn't pay interest? Neither do money market funds

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Money Market Funds Reel as Yields Hit Zero

By Deborah Brewster
Financial Times, London
Sunday, December 21, 2008

http://www.ft.com/cms/s/0/813bd074-cf8b-11dd-abf9-000077b07658.html?ncli...

Where did the bailout money go? Banks keep it secret

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By Matt Apuzzo
Associated Press
via Yahoo News
Monday, December 22, 2008

http://news.yahoo.com/s/ap/20081222/ap_on_go_ca_st_pe/meltdown_secrets

WASHINGTON -- It's something any bank would demand to know before handing out a loan: Where's the money going?

AP finds $1.6 billion went to execs of bailed-out banks

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By Frank Bass and Rita Beamish
Associated Press
via Yahoo News
Sunday, December 21, 2008

http://news.yahoo.com/s/ap/20081221/ap_on_bi_ge/executive_bailouts

Banks that are getting taxpayer bailouts awarded their top executives nearly $1.6 billion in salaries, bonuses, and other benefits last year, an Associated Press analysis reveals.

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