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Daily Dispatches
Britain's public employees face raises below inflation rates
Submitted by cpowell on Tue, 2007-02-27 19:42 Section: Daily DispatchesReview Backs Below-Inflation Pay Raises
By Ben Hall and Nicholas Timmins
Financial Times, London
Tuesday, February 27, 2007
http://www.ft.com/cms/s/cde23602-c6a5-11db-8f4f-000b5df10621.html
More than 1 million doctors, nurses, and other public sector workers face real terms pay cuts after the review bodies that recommended their salaries have proposed below-inflation pay increases.
Computer problem exaggerated Dow's plunge
Submitted by cpowell on Tue, 2007-02-27 19:27 Section: Daily DispatchesBy The Associated Press
via Yahoo News
Tuesday, February 27, 2007
http://biz.yahoo.com/ap/070227/wall_street_what_happened.html?.v=5
Market plunge doesn't scare gold advocates Grandich and Sinclair
Submitted by cpowell on Tue, 2007-02-27 17:26 Section: Daily Dispatches5:22p ET Tuesday, February 27, 2007
Dear Friend of GATA and Gold:
Our friend Peter Grandich of the The Grandich Letter this afternoon issued some urgent commentary about gold's place amid today's turmoil in world markets. Grandich writes of gold:
Blanchard research note: Why it's time to load up on gold
Submitted by cpowell on Tue, 2007-02-27 17:01 Section: Daily DispatchesBy Neal R. Ryan
Vice President and Research Director
Blanchard Economic Research Unit
Blanchard & Co., New Orleans
Tuesday, February 27, 2007
http://www.blanchardonline.com/
There were serious losses today across the board in stocks and commodities.
What to do?
Ted Butler: A critical juncture
Submitted by cpowell on Tue, 2007-02-27 14:48 Section: Daily Dispatches2:45p ET Tuesday, February 27, 2007
Dear Friend of GATA and Gold:
Silver market analyst Ted Butler writes that the precious metals markets are at a point of high risk and potentially high reward. His new essay, "A Critical Juncture," can be found at GoldSeek's companion site, SilverSeek, here:
http://news.silverseek.com/TedButler/1172599648.php
CHRIS POWELL, Secretary/Treasurer
Malaysians increasingly see gold as money, not jewelry
Submitted by cpowell on Mon, 2007-02-26 21:47 Section: Daily DispatchesBullish About Bullion
By Edward Rajendra
The Star, Petaling Jaya, Malaysia
Tuesday, February 27, 2007
http://thestar.com.my/news/story.asp?file=/2007/2/27/nation/16966428&sec...
KLANG, Malaysia -- Soaring gold prices have led to a new trend among buyers, who are now buying more bullion in the form of coins.
Postal Service plans inflation-proof stamp, like gold-backed dollars of old
Submitted by cpowell on Mon, 2007-02-26 21:26 Section: Daily DispatchesPostal Regulators Back 'Forever' Stamp
By Randolph E. Schmid
Associated Press
via Yahoo News
Monday, February 26, 2007
http://news.yahoo.com/s/ap/20070226/ap_on_bi_ge/postal_rates;_ylt=AtgEly...
WASHINGTON -- Say goodbye to those pesky 1- and 2-cent stamps that used to clutter up desks and purses every time the price of mailing a letter went up.
Goldman Sachs takes over New York Stock Exchange
Submitted by cpowell on Mon, 2007-02-26 21:16 Section: Daily DispatchesAnother Goldman Joins NYSE, as President
By Aaron Lucchetti
The Wall Street Journal
Tuesday, February 27, 2007
Chavez decrees takeover of Venezuelan oil projects run by foreigners
Submitted by cpowell on Mon, 2007-02-26 21:12 Section: Daily DispatchesBy Natalie Obiko Pearson
Associated Press
via Yahoo News
Monday, February 26, 2007
http://news.yahoo.com/s/ap/20070227/ap_on_re_la_am_ca/venezuela_oil_nati...
CARACAS, Venezuela -- President Hugo Chavez ordered by decree on Monday the takeover of oil projects run by foreign oil companies in Venezuela's Orinoco River region.
Are central banks preparing to prop up stocks directly?
Submitted by cpowell on Mon, 2007-02-26 21:06 Section: Daily DispatchesCentral Banks Seek Riskier Assets
By Chris Giles
Financial Times, London
Monday, February 26, 2007
http://www.ft.com/cms/s/b8d61278-c53e-11db-b110-000b5df10621.html