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Daily Dispatches
Gold rush threatens Chilean glacier
Submitted by cpowell on Sun, 2007-07-08 14:20 Section: Daily DispatchesBy Lucia Newman
Al Jazeera, Doha, Qatar
Sunday, July 8, 2007
http://english.aljazeera.net/NR/exeres/6016DA85-BE4E-4178-9781-416022053...
Hernan Calderon says he is just an "insignificant insect" to the owners of the Pascua Lama gold mine high in the Andes mountains in northern Chile.
Thieves outside central banks are lured by metal money too
Submitted by cpowell on Sun, 2007-07-08 11:09 Section: Daily DispatchesThieves Lured by Shine of Metal Money
Phil Couvrette
CanWest News Service
via Canada.com
Sunday, July 8, 2007
http://www.canada.com/topics/news/story.html?id=8a182135-d605-4aa4-8140-...
Technical analysis at Resource Investor and Market Oracle
Submitted by cpowell on Sun, 2007-07-08 10:45 Section: Daily Dispatches10:45a ET Sunday, July 7, 2007
Dear Friend of GATA and Gold:
While GATA doesn't think much of technical analysis of the gold and silver markets that doesn't acknowledge central bank intervention, slow news days can make such analysis more tolerable, and reading it can postpone mowing the lawn, weeding the garden, or taking the trash out.
Fledgling gold industry brings hope to ninth-poorest country, Madagascar
Submitted by cpowell on Sun, 2007-07-08 10:32 Section: Daily DispatchesBy Jonny Hogg
Associated Press
via Yahoo News
Monday, July 2, 2007
http://biz.yahoo.com/ap/070702/madagascar_gold_fever.html?.v=1
ANTANIMBARY, Madagascar -- For 12 years, Lauren Rakotondramara has been panning for gold on the banks of the Ikopa river in the dry western grasslands of this Indian Ocean island.
S. Africa would extend rand to Zimbabwe in deal for reform
Submitted by cpowell on Sun, 2007-07-08 10:24 Section: Daily DispatchesBy Basildon Peta
The Sunday Independent, Cape Town, South Africa
Sunday, July 8, 2007
http://www.int.iol.co.za/index.php?set_id=1&click_id=68&art_id=vn2007070...
The Southern African Development Community (SADC) is preparing a dramatic plan to rescue the shattered Zimbabwean economy by extending the rand monetary area into Zimbabwe, according to sources.
Bernanke's helicopters revving up?
Submitted by cpowell on Sat, 2007-07-07 09:39 Section: Daily DispatchesFrom Reuters
Thursday, July 5, 2007
http://www.reuters.com/article/oddlyEnoughNews/idUSL0587827020070705
BERLIN -- A German motorist surprised by euro notes swirling in the air around her car hit the brakes and collected a "substantial amount of money" before turning it over to police, authorities in Worms said on Thursday.
Colombia reneges on treasure hunters who found $2 billion shipwreck
Submitted by cpowell on Sat, 2007-07-07 00:58 Section: Daily DispatchesFrom Agence France-Presse
via Yahoo News
Friday, July 6, 2007
http://news.yahoo.com/s/afp/20070707/ts_alt_afp/colombiausshipwreck_0707...
BOGOTA, Colombia -- Colombia's Supreme Court has ruled against US treasure hunters who claimed half of the estimated $2 billion in gold, silver, and emeralds aboard a Spanish galleon sunk in the Caribbean in 1708.
Ambrose Evans-Pritchard: As 'China effect' reverses, inflation threatens
Submitted by cpowell on Sat, 2007-07-07 00:42 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Saturday, July 7, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/07/cninfl...
When the prime minister appears on television vowing to "get to grips with inflation," you know that a serious problem is taking shape.
Canadian dollar reaches 30-year high against greenback
Submitted by cpowell on Fri, 2007-07-06 16:59 Section: Daily DispatchesBy the Associated Press
via Yahoo News
Friday, July 6, 2007
http://news.yahoo.com/s/ap/20070706/ap_on_bi_ge/dollar;_ylt=Agw5VHbX8F3k...
NEW YORK -- The Canadian dollar climbed to a 30-year high against the U.S. currency Friday, bolstered by higher oil prices, a strong economy, and a looming interest rate hike.
Italy adds Bank of America to market-rigging prosecution
Submitted by cpowell on Fri, 2007-07-06 16:52 Section: Daily DispatchesFrom Reuters
Friday, July 6, 2007
http://www.reuters.com/article/businessNews/idUSL0682874920070706
MILAN, Italy -- A Milan judge has ordered Bank of America to stand trial for alleged market-rigging by some of its employees in connection with Italian dairy firm Parmalat's collapse.