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Daily Dispatches
James Saft: Only way out is to inflate and default
Submitted by cpowell on Sat, 2009-03-07 13:51 Section: Daily DispatchesLet Sleeping Shadow Banking Systems Lie
By James Saft
Reuters
Friday, March 6, 2009
http://blogs.reuters.com/great-debate/2009/03/06/let-sleeping-shadow-ban...
Rather than vainly trying to refloat the shadow banking system, the U.S. would be better off grappling with the inevitable ultimate solution -- debt destruction and inflation.
Local banks angry they're paying for Wall Street's greed
Submitted by cpowell on Sat, 2009-03-07 13:28 Section: Daily DispatchesBy Linda Shen
Bloomberg News
Friday, March 6, 2009
http://www.bloomberg.com/apps/news?pid=20601109&sid=anmrn4H8hXfw&refer=e...
TCF Financial Corp., the Wayzata, Minnesota-based bank that never made a subprime loan and hasn't lost money since 1995, is asking why it should help clean up the mess made by Wall Street.
AIG bailout is really for other big banks, like Goldman
Submitted by cpowell on Sat, 2009-03-07 12:56 Section: Daily DispatchesTop U.S., European Banks Got $50 Billion in AIG Aid
By Serena Ng and Carrick Mollenkamp
The Wall Street Journal
Saturday, March 7, 2009
Russian TV interviews GATA director on gold suppression
Submitted by cpowell on Fri, 2009-03-06 23:45 Section: Daily DispatchesBy Adrian Douglas
Friday, March 6, 2009
I am excited to report on a GATA bombshell.
GATA Chairman Murphy is keynote speaker at Bahamas conference
Submitted by cpowell on Fri, 2009-03-06 23:18 Section: Daily Dispatches11:17p ET Friday, March 6, 2009
Dear Friend of GATA and Gold:
CMRE's spring speakers include Estonian prime minister
Submitted by cpowell on Fri, 2009-03-06 17:26 Section: Daily Dispatches5:30p ET Friday, March 6, 2009
Dear Friend of GATA and Gold:
As safe as gold -- which isn't spelled 'G-L-D'
Submitted by cpowell on Thu, 2009-03-05 22:52 Section: Daily Dispatches10:45p ET Thursday, March 5, 2009
Dear Friend of GATA and Gold:
In their new essay, "As Safe as Gold," Eric Sprott and Sasha Solunac of Sprott Asset Management in Toronto make the case for the premier precious metal, and they are careful to distinguish between real metal and exchange-traded-fund metal. They write:
ECB cuts rates to record 1.5%, mulls radical action
Submitted by cpowell on Thu, 2009-03-05 17:43 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Thursday, March 5, 2009
http://www.telegraph.co.uk/finance/financetopics/financialcrisis/4944887...
Murphy's 'Midas' commentary for Wednesday posted at GoldSeek
Submitted by cpowell on Thu, 2009-03-05 00:18 Section: Daily Dispatches12:16a ET Thursday, March 5, 2009
Dear Friend of GATA and Gold:
GATA chairman Bill Murphy's "Midas" commentary for Wednesday at LeMetropoleCafe.com, headlined "The Silly People, Ominous GE and JPM, CIA Snoop Ted Truman, and Blasts from the Past," has been posted in the clear at GoldSeek here:
http://news.goldseek.com/LemetropoleCafe/1236240000.php
CHRIS POWELL, Secretary/Treasurer
Glenn Beck show reschedules Liberty Dollar founder to Friday
Submitted by cpowell on Wed, 2009-03-04 08:08 Section: Daily Dispatches3p ET Wednesday, March 4, 2009
Dear Friend of GATA and Gold:
The Glenn Beck program on Fox News, which originally scheduled an interview with Liberty Dollar founder Bernard von NotHaus for 5 to 6 p.m. ET today, has rescheduled the interview to this Friday, March 6, at the same time.