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Daily Dispatches
Here come the currency devaluations to steady U.S. dollar
Submitted by cpowell on Tue, 2007-12-04 14:40 Section: Daily DispatchesCanada Unexpectedly Cuts
Interest Rate as Its Dollar Gains
By Greg Quinn
Bloomberg News Service
Tuesday, December 4, 2007
http://www.bloomberg.com/apps/news?pid=20601082&sid=adNteV4cK0jg
Gulf nations maintain dollar peg for currencies
Submitted by cpowell on Tue, 2007-12-04 08:47 Section: Daily DispatchesBy Agence France-Presse
via Yahoo News
Tuesday, December 4, 2007
http://news.yahoo.com/s/afp/20071204/bs_afp/gulfpoliticssummiteconomy_07...
DOHA, Qatar -- Leaders of the Gulf Cooperation Council have decided at their annual summit to keep pegging their currencies to the sliding dollar, Qatari Prime Minister Sheikh Hamad bin Jassem al-Thani said on Tuesday.
GATA and many friends join Vancouver conference in January
Submitted by cpowell on Mon, 2007-12-03 15:28 Section: Daily Dispatches3:30p ET Monday, December 3, 2007
Dear Friend of GATA and Gold:
GATA returns to Vancouver, British Columbia, on Sunday and Monday, January 20 and 21, 2008, for Cambridge Conferences' Vancouver Resource Investment Conference.
Banks urge U.K. corporate clients to stop borrowing
Submitted by cpowell on Mon, 2007-12-03 14:59 Section: Daily DispatchesFrom Dow Jones Newswires
via CNNMoney.com
Monday, December 3, 2007
http://money.cnn.com/news/newsfeeds/articles/djf500/200712021916DOWJONES...
Banks have asked top U.K. corporate clients not to draw on lending facilities to which they are entitled in order to preserve their balance sheets as they approach the financial year end.
German finance minister blames 'snooty,' secretive bankers
Submitted by cpowell on Mon, 2007-12-03 12:05 Section: Daily Dispatches'Snooty' Bankers Blamed for Crisis
By Ralph Atkins and Bertrand Benoit
Financial Times, London
Thursday, November 29, 2007
http://www.ft.com/cms/s/0/9a9446ae-9ec8-11dc-b4e4-0000779fd2ac.html?ncli...
Grandich Letter analyzes metals markets and cites GATA
Submitted by cpowell on Mon, 2007-12-03 11:05 Section: Daily Dispatches11a ET Monday, December 3, 2007
Dear Friend of GATA and Gold:
Peter Grandich's latest letter analyzes the metals and oil markets, mentions GATA, and pays tribute to someone GATA misses dearly, the late Jim O'Connell of Canada's Business News Network. You can find the Grandich letter at GoldSeek here:
http://news.goldseek.com/Grandich/1196698140.php
CHRIS POWELL, Secretary/Treasurer
Fed looks for new ways to pump more money into banks
Submitted by cpowell on Sun, 2007-12-02 23:34 Section: Daily DispatchesFed Seeks to Ease Money Market Strains
By Krishna Guha
Financial Times, London
Sunday, December 2, 2007
http://www.ft.com/cms/s/0/3e0543e8-a116-11dc-9f34-0000779fd2ac.html?ncli...
WASHINGTON -- The Federal Reserve is considering new steps to make liquidity more readily available to financial institutions in the hope of easing strains in the money market.
Interbank loan collapse worse in Britain than U.S.
Submitted by cpowell on Sun, 2007-12-02 23:26 Section: Daily DispatchesPleas for Rate Cut
as Interbank Loans Dive
By Ambrose Evans-Pritchard
The Telegraph, London
Monday, December 3, 2007
http://www.telegraph.co.uk/money/main.jhtml;jsessionid=20HPPQFO1501TQFIQ...
Gene Arensberg: Large commercials hastening to cover gold shorts
Submitted by cpowell on Sun, 2007-12-02 20:55 Section: Daily Dispatches8:55p ET Sunday, December 3, 2007
Dear Friend of GATA and Gold:
Gene Arensberg's "Got Gold Report" at Resource Investor advises that large commercial traders lately have seemed to be in a hurry to cover their short positions in gold, even as those positions remain large. You can find Arensberg's report at Resource Investor here:
James Turk: 100 months so far
Submitted by cpowell on Sun, 2007-12-02 12:26 Section: Daily Dispatches12:25p ET Sunday, December 2, 2007
Dear Friend of GATA and Gold:
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