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Daily Dispatches
Fed's authority likely will be restricted, Volcker says
Submitted by cpowell on Sun, 2009-04-19 10:32 Section: Daily DispatchesBy Timothy R. Homan
Bloomberg News
Saturday, April 18, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=ainh3qdHJuoM&refer=home
WASHINGTON -- Former Federal Reserve Chairman Paul Volcker said Congress will probably review the authority granted to the Fed following emergency credit programs doubling the central bank's balance sheet to $2.19 trillion.
China says reserve currency countries need supervision
Submitted by cpowell on Sat, 2009-04-18 10:05 Section: Daily DispatchesBy Kirby Chien and Eadie Chen
Reuters
Saturday, April 18, 2009
http://news.yahoo.com/s/nm/20090418/bs_nm/us_china_economy_currencies
BOAO, China -- Chinese Premier Wen Jiabao said on Saturday that the economic polices of countries that issue global reserve currencies require closer supervision as part of building a diversified international monetary system.
Jon Herring: Gold is manipulated but buy it anyway
Submitted by cpowell on Fri, 2009-04-17 11:39 Section: Daily Dispatches11:39a ET Friday, April 17, 2009
Dear Friend of GATA and Gold:
A contributor to Investors Daily Edge, Jon Herring, takes note of GATA's work in his new essay, "Gold Is Manipulated ... And You Should Buy It Anyway," which can be found here:
http://www.investorsdailyedge.com/Article.aspx?Id=2069
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Obama's Wall Street ties doom bank rescue, Stiglitz says
Submitted by cpowell on Thu, 2009-04-16 23:41 Section: Daily DispatchesBy Michael McKee and Matthew Benjamin
Bloomberg News
Thursday, April 16, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=ahnPchOxZMh8&refer=home
William Pesek: China isn't the only currency manipulator
Submitted by cpowell on Thu, 2009-04-16 21:51 Section: Daily DispatchesGeithner's Biggest Problem is Dollar, Not China
By William Pesek
Bloomberg News
Friday, April 17, 2009
http://www.bloomberg.com/apps/news?pid=20601039&refer=columnist_pesek&si...
It's a bit rich for U.S. politicians to berate Treasury Secretary Timothy Geithner for not labeling China as a currency manipulator.
If currency market is rigged, might gold be too?
Submitted by cpowell on Thu, 2009-04-16 20:39 Section: Daily Dispatches8:30p ET Thursday, April 16, 2009
Dear Friend of GATA and Gold:
Trace Meyer: Illusions evaporate even on tax day
Submitted by cpowell on Wed, 2009-04-15 22:26 Section: Daily Dispatches10:24p ET Wednesday, April 15, 2009
Dear Friend of GATA and Gold (and Silver):
On income tax day in the United States, Trace Meyer of RunToGold.com reflects on the illusions of fiat money systems and refers heavily to GATA's work. Meyer's essay is headlined "Illusions Evaporate Even on Tax Day" and you can find it at RunToGold here:
Mansoor Mohi-uddin: Asia will keep propping up dollar
Submitted by cpowell on Wed, 2009-04-15 18:06 Section: Daily DispatchesDollar Still Reigns Supreme
By Mansoor Mohi-uddin
Financial Times, London
Wednesday, April 15, 2009
http://www.ft.com/cms/s/0/5af1ee74-29ce-11de-9e56-00144feabdc0.html?ncli...
At Goldman Sachs, what's a few billion between friends?
Submitted by cpowell on Wed, 2009-04-15 17:55 Section: Daily DispatchesGoldman Sachs' Viniar 'Mystified' by Interest in AIG
By Christine Harper
Bloomberg News
Tuesday, April 14, 2009
http://www.bloomberg.com/apps/news?pid=20601087&sid=aVJT1NtIY3DQ&refer=home
J.S. Kim: Keep big banks from running America forever
Submitted by cpowell on Wed, 2009-04-15 17:41 Section: Daily Dispatches5:41p ET Wednesday, April 15, 2009
Dear Friend of GATA and Gold:
In his new essay, "Let's Keep Big Banks from Running America Forever," J.S. Kim, founder of the SmartKnowledgeU investment research service, cites GATA's work as he advises people to move their money out of the market-destroying financial houses and into community banks. You can find Kim's essay at Seeking Alpha here:
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