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Daily Dispatches
Bank of England's governor predicts sharp decline in inflation
Submitted by cpowell on Tue, 2007-04-24 20:37 Section: Daily DispatchesBy Scheherazade Daneshkhu
Financial Times, London
Tuesday, April 24, 2007
http://www.ft.com/cms/s/7a553420-f289-11db-a454-000b5df10621.html
Inflation will fall soon, Mervyn King, the Bank of England governor, forecast on Tuesday as he rejected charges that the Bank had underestimated the problem.
Chinese central banker urges diversifying into gold, oil, metals
Submitted by cpowell on Tue, 2007-04-24 20:10 Section: Daily DispatchesBy Wang Min and Zheng Jin
The Wall Street Journal
Wednesday, April 25, 2007
SHANGHAI, China -- China should "appropriately" increase its gold reserves and buy strategic resources such as oil and metals in order to broaden the investment channels for its huge foreign-exchange reserves, said People's Bank of China Vice Governor Xiang Junbo.
Ted Butler: Increasing Comex inventories in silver
Submitted by cpowell on Tue, 2007-04-24 13:04 Section: Daily Dispatches1p ET Tuesday, April 24, 2007
Dear Friend of GATA and Gold:
Massive European bank gold sales continue to fail
Submitted by cpowell on Tue, 2007-04-24 12:54 Section: Daily Dispatches12:51p ET Tuesday, April 24, 2007
Dear Friend of GATA and Gold:
Neal Ryan's daily Blanchard Economic Research Note reports that massive gold sales by members of the European Central Bank continued last week but continue to fail to knock the price down. You can find Ryan's commentary at GoldSeek here:
http://news.goldseek.com/GoldSeek/1177426920.php
CHRIS POWELL, Secretary/Treasurer
Invest in weather -- UBS launches global warming index
Submitted by cpowell on Tue, 2007-04-24 02:31 Section: Daily DispatchesAnd Pete Rose got thrown out of baseball for gambling....
* * *
Climate Change Provides Rise to Weather Hedge
By Paul J. Davies
Financial Times, London
Tuesday, April 24, 2007
http://www.ft.com/cms/s/a3eaf348-f201-11db-b5b6-000b5df10621.html
Mike Kosares: The Gordon Brown indicator predicts gold rally
Submitted by cpowell on Mon, 2007-04-23 11:47 Section: Daily Dispatches11:45a ET Monday, April 23, 2007
Dear Friend of GATA and Gold:
James Turk: This time gold will blow through $715
Submitted by cpowell on Mon, 2007-04-23 08:25 Section: Daily Dispatches8:21a ET Monday, April 23, 2007
Dear Friend of GATA and Gold:
'Too big to fail' isn't explicit policy for European banks ... yet
Submitted by cpowell on Mon, 2007-04-23 00:00 Section: Daily DispatchesTrichet Kills Plan for Public Rescue of Banks
By George Parker
Financial Times, London
Sunday, April 22, 2007
http://www.ft.com/cms/s/84dc0ef0-f10d-11db-838b-000b5df10621.html
Morgan joins Dubai exchange just days before it trades gold options
Submitted by cpowell on Sun, 2007-04-22 23:38 Section: Daily DispatchesJPMorgan Joins Dubai Commodities Exchange
From Reuters
via New Straits Times, Kuala Lumpur, Malaysia
Monday, April 23, 2007
http://www.btimes.com.my/Current_News/BT/Monday/Corporate/BT619407.txt/A...
DUBAI -- US investment bank JPMorgan Chase & Co has joined the Dubai Gold and Commodities Exchange (DGCX) as a broker clearing member, the exchange said in a statement yesterday.
Paulson wants 'strong dollar' to be weaker against Chinese yuan
Submitted by cpowell on Sat, 2007-04-21 22:53 Section: Daily DispatchesFrom Reuters
Saturday, April 21, 2007
http://today.reuters.com/news/articlenews.aspx?type=businessNews&storyid...
WASHINGTON -- U.S. Treasury Secretary Henry Paulson said on Friday he is "a big believer in a strong dollar" but reiterated that China's yuan currency needs to appreciate more against the greenback.
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