Daily Dispatches

Risk of mortgage securities fire sale mounts

Submitted by cpowell on Tue, 2007-11-06 23:07 Section: Daily Dispatches

By David Wighton, Saskia Scholtes, and Gillian Tett
Financial Times, London
Tuesday, November 6, 2007

http://www.ft.com/cms/s/0/17f683c2-8c9b-11dc-b887-0000779fd2ac.html?ncli...

Read more about Risk of mortgage securities fire sale mounts

Dollar falls off cliff; 'Midas' commentary posted at GoldSeek

Submitted by cpowell on Tue, 2007-11-06 22:24 Section: Daily Dispatches

10:25p ET Tuesday, November 6, 2007

Dear Friend of GATA and Gold:

The U.S. dollar index seems to have fallen off a cliff late this evening Eastern time:

http://quotes.ino.com/chart/?s=NYBOT_DX&v=s

Read more about Dollar falls off cliff; 'Midas' commentary posted at GoldSeek

Downgrade of bond insurers may prompt new credit panic

Submitted by cpowell on Tue, 2007-11-06 19:11 Section: Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Tuesday, November 6, 2007

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/11/06/bcnfit...

Fitch Ratings has threatened to downgrade a clutch of top US bond insurers in a move that could set off a fresh credit crisis and cause contagion across America's $2,400 billion (L1,150 billion) municipal bond market.

Read more about Downgrade of bond insurers may prompt new credit panic

Roger Wiegand: Breakout day for commodities

Submitted by cpowell on Tue, 2007-11-06 18:49 Section: Daily Dispatches

6:45p ET Tuesday, November 6, 2007

Dear Friend of GATA and Gold:

Read more about Roger Wiegand: Breakout day for commodities

Ron Paul invests mostly in precious metals and commodities

Submitted by cpowell on Tue, 2007-11-06 18:34 Section: Daily Dispatches

6:30p ET Tuesday, November 6, 2007

Dear Friend of GATA and Gold:

Presidential candidates have to disclose their financial interests, and one of them, U.S. Rep. Ron Paul, an advocate of remonetizing gold, has put his money where his mouth is.

Read more about Ron Paul invests mostly in precious metals and commodities

Ron Paul's one-day Internet donation haul is Republican record

Submitted by cpowell on Tue, 2007-11-06 17:16 Section: Daily Dispatches

By Jim Kuhnhenn
Associated Press
via Yahoo News

Tuesday, November 6, 2007

http://news.yahoo.com/s/ap/20071106/ap_po/paul_fundraising;_ylt=AsQwh.bL...

WASHINGTON -- Ron Paul's head-snapping fundraising puts a new face on a campaign that the media, politicians and much of the public had relegated to the sidelines.

Read more about Ron Paul's one-day Internet donation haul is Republican record

India's largest bank gets into gold coin retailing

Submitted by cpowell on Tue, 2007-11-06 15:58 Section: Daily Dispatches

From Reuters
via Yahoo News
Tuesday, November 6, 2007

http://in.news.yahoo.com/071106/137/6mwl9.html

MUMBAI, India -- India's largest lender, State Bank of India, said on Tuesday it has started retailing gold coins to cash in on its popularity as an investment option.