You are here
Daily Dispatches
Couldn't happen to a nicer market rigger
Submitted by cpowell on Sun, 2009-07-05 22:57 Section: Daily DispatchesFree Sergey Aleynikov!
* * *
A Goldman Trading Scandal?
By Matthew Goldstein
Reuters
Sunday, July 5, 2009
http://blogs.reuters.com/great-debate/2009/07/05/a-goldman-trading-scandal/
Did someone try to steal Goldman Sachs' secret sauce?
Daily Bell interviews James Turk: How elites always destroy paper money
Submitted by cpowell on Sun, 2009-07-05 17:42 Section: Daily DispatchesFrom The Daily Bell
Appenzell, Switzerland
Sunday, July 5, 2009
Leaders won't stop contemplating easing out of the dollar
Submitted by cpowell on Sun, 2009-07-05 17:05 Section: Daily DispatchesDollar's Role Under Debate in Run-Up to G-8 Summit
By Gabriele Parussini
Dow Jones Newswires
via The Wall Street Journal
Sunday, July 5, 2009
Austrian silver euro coins being used to beat German taxes
Submitted by cpowell on Sat, 2009-07-04 17:50 Section: Daily DispatchesQuick Silver: A New Austrian Coin Trick
From Der Spiegel, Hamburg
Saturday, July 4, 2009
http://www.spiegel.de/international/europe/0,1518,633772,00.html
Hot tip for German investors: an Austrian silver coin that can be smuggled legally. It's music to the ears of Germans who bank in Austria. But how long can the party last?
Adrian Douglas: What can ever beat the gold and silver cartel?
Submitted by cpowell on Sat, 2009-07-04 10:44 Section: Daily DispatchesBy Adrian Douglas
Saturday, July 4, 2009
"Dear GATA:
"First, thank you for your efforts. Please keep up the outstanding work.
Andy Xie: Fed would fool both bond vigilantes and liquidity junkies
Submitted by cpowell on Sat, 2009-07-04 10:17 Section: Daily DispatchesTaming the Beast
By Andy Xie
China International Business magazine, Beijing
Thursday, July 2, 2009
http://www.cibmagazine.com.cn/Columnists/Andy_Xie.asp?id=992&taming_the_...
Indian joins Russia, China in questioning dollar dominance
Submitted by cpowell on Fri, 2009-07-03 15:38 Section: Daily DispatchesBy Mark Deen and Isabelle Mas
Bloomberg News
Friday, July 3, 2009
http://www.bloomberg.com/apps/news?pid=20601080&sid=aSx4wlTQzexM
AIX EN PROVENCE, France -- Suresh Tendulkar, an economic adviser to Indian Prime Minister Manmohan Singh, said he is urging the government to diversify its $264.6 billion foreign-exchange reserves and hold fewer dollars.
China buys 17% of miner Teck Resources for $1.5 billion
Submitted by cpowell on Fri, 2009-07-03 09:43 Section: Daily DispatchesBy Cameron French
Reuters
Friday, July 3, 2009
http://www.reuters.com/article/marketsNews/idAFN0315307920090703?rpc=44
TORONTO -- Teck Resources said on Friday it will sell a 17.2 percent equity stake to state-owned China Investment Corp. through a private placement that will raise C$1.74 billion ($1.5 billion) and help the miner pay down debt.
China moves again to cut reliance on dollar
Submitted by cpowell on Thu, 2009-07-02 23:39 Section: Daily DispatchesBy Richard McGregor
Financial Times, London
Friday, July 3, 2009
http://www.ft.com/cms/s/0/f8a7105c-676a-11de-925f-00144feabdc0.html
BEIJING -- China has taken another step toward internationalising its currency and reducing reliance on the US dollar with the announcement of new rules to allow select companies to invoice and settle trade transactions in renminbi.
Austrian bank's gold report cites market manipulation
Submitted by cpowell on Thu, 2009-07-02 15:34 Section: Daily Dispatches3:30p ET Thursday, July 2, 2009
Dear Friend of GATA and Gold:
Erste Group Research, a division of Erste Group Bank AG in Vienna, Austria, has just published a 53-page special report on gold that includes a section on manipulation of the gold market. This section seems to have been heavily influenced by GATA's work.