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Daily Dispatches

Ted Butler: Life after Bear Stearns

Section: Daily Dispatches

2:50p ET Tuesday, March 18, 2008

Dear Friend of GATA and Gold:

In commentary posted today at GoldSeek's companion site, SilverSeek, silver market analyst Ted Butler reviews new evidence of a shortage of silver. His essay is headlined "Life After Bear Stearns" and you can find it here:

http://news.silverseek.com/TedButler/1205864199.php

CHRIS POWELL, Secretary/Treasurer

U.S. Global's Holmes sees gold zigzagging to $2,000

Section: Daily Dispatches

From MarketWatch.com
Tuesday, March 18, 2008

http://www.marketwatch.com/news/story/story.aspx?guid=%7B301FED8C%2DA4AA...

BOSTON -- Frank Holmes, chief executive officer at U.S. Global Investors, says that gold will hit $2,000 an ounce, and that while the move won't be straight there from current levels, investors should not be surprised by it.

Fed rallies Wall Street to aid ailing Lehman Brothers

Section: Daily Dispatches

By Helen Power and James Quinn
The Telegraph, London
Tuesday, March 18, 2008

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/18/cnlehm...

Wall street's leading investment banks have rallied around ailing rival Lehman Brothers after the Federal Reserve Bank of New York urged them to support the institution in order to try to preserve financial stability.

Rescuing dollar raises potential policy tug-of-war

Section: Daily Dispatches

Rescuing Dollar Raises
Potential Policy Tug of War

Treasury Intervention
Would Reduce Supply,
Undermining Fed Boost

By Craig Karmin
The Wall Street Journal
Tuesday, March 18, 2008

Banks want five times the emergency cash offered by Bank of England

Section: Daily Dispatches

British Banks Hold Out Their Begging Bowls

By Siobhan Kennedy
The Times, London
Tuesday, March 18, 2008

http://business.timesonline.co.uk/tol/business/economics/article3572428.ece

High Street banks went with begging bowls to the Bank of England yesterday, seeking more than L23 billion in emergency loans as fears over the global credit crunch deepened.

Paulson wants 'strong dollar' but will world prop it up?

Section: Daily Dispatches

Paulson Declines Comment
on Dollar Intervention

By Veronica Smith
Agence France-Presse
via Yahoo News
Monday, March 17, 2008

http://news.yahoo.com/s/afp/20080317/pl_afp/useconomymarketsforex_080317...

Dollar's nosedive stirs joint intervention jitters

Section: Daily Dispatches

By Satomi Noguchi
Reuters
Monday, March 17, 2008

http://www.reuters.com/article/businessNews/idUST29534420080317?sp=true

TOKYO -- The dollar's sharp slide to 13-year lows against the yen and fresh all-time lows versus the euro today is stoking jitters about the possibility of joint central bank intervention to prop up the dollar.

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