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Daily Dispatches
More rate cuts from Fed expected Tuesday
Submitted by cpowell on Sat, 2008-03-15 19:02 Section: Daily DispatchesBy Jeannine Aversa
Associated Press
via Yahoo News
Saturday, March 15, 2008
http://news.yahoo.com/s/ap/20080315/ap_on_bi_ge/fed_interest_rates
WASHINGTON -- Desperate to aid an economy in crisis, the Federal Reserve is ready to deliver yet another big interest rate cut.
Ron Paul: What the price of gold is telling us
Submitted by cpowell on Sat, 2008-03-15 13:35 Section: Daily Dispatches1:30p ET Saturday, March 15, 2008
Dear Friend of GATA and Gold:
President convenes Plunge Protection Team on Monday
Submitted by cpowell on Sat, 2008-03-15 12:57 Section: Daily DispatchesBush to Meet with
Financial Policymakers
By James Vicini and Tim Ahmann
Reuters
Saturday, March 15, 2008
http://www.reuters.com/article/ousiv/idUSN1546284420080315
WASHINGTON -- President George W. Bush plans to meet on Monday with top U.S. financial policymakers, the White House said, with the meeting coming at a time of increased strains in credit markets.
James Turk: The other reason to own gold
Submitted by cpowell on Sat, 2008-03-15 02:19 Section: Daily Dispatches2:14a ET Saturday, March 15, 2008
Dear Friend of GATA and Gold:
Fed, not Morgan Chase, bears risk of Bear Stearns bailout
Submitted by cpowell on Sat, 2008-03-15 00:39 Section: Daily DispatchesFed Races to Rescue Bear Stearns
In Bid to Steady Financial System
Storied Firm Sees
Stock Plunge 47%;
J.P. Morgan Steps In
By Kate Kelly, Greg Ip, and Robin Sidel
The Wall Street Journal
Saturday, March 15, 2008
http://online.wsj.com/article/SB120550108028136579.html?mod=yahoo_hs&ru
Goldman expects 'explosive' commodities, oil rising to $175
Submitted by cpowell on Fri, 2008-03-14 11:44 Section: Daily DispatchesBy Claudia Carpenter and Alexander Kwiatkowski
Bloomberg News Service
Friday, March 14, 2008
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aUmQ3MBOkx_0
Commodities may have "explosive rallies" in the next couple of years, with crude oil rising to $175 a barrel, according to Goldman Sachs Group Inc.
Fed bails out Bear Stearns as stocks plunge
Submitted by cpowell on Fri, 2008-03-14 11:08 Section: Daily DispatchesFed Pledges to Supply Cash
By Martin Crutsinger
Associated Press
via Yahoo News
Friday, March 14, 2008
http://news.yahoo.com/s/ap/20080314/ap_on_bi_ge/fed_credit_crisis;_ylt=A...
David Morgan: Nothing beats gold and silver in hand
Submitted by cpowell on Thu, 2008-03-13 22:11 Section: Daily Dispatches10:03p ET Thursday, March 13, 2008
Dear Friend of GATA and Gold:
Two financial houses are expecting currency intervention
Submitted by cpowell on Thu, 2008-03-13 21:57 Section: Daily DispatchesOr should that read 'praying for' intervention?
... As if the central banks haven't been
intervening in the markets every day for
years now!
* * *
By John Fraher and Simon Kennedy
Bloomberg News Service
Thursday, March 13, 2008
http://www.bloomberg.com/apps/news?pid=20601087&sid=aOg5ATtR4yto&refer=home
At least there's SOMETHING in Ethiopia's gold vault
Submitted by cpowell on Thu, 2008-03-13 21:46 Section: Daily DispatchesWhat's in yours, Secretary Paulson?
* * *
By Elizabeth Blunt
British Broadcasting Corp.
Thursday, March 13, 2008
http://news.bbc.co.uk/2/hi/africa/7294665.stm
ADDIS ABABA -- Ethiopia's national bank has been told to inspect all the gold in its vaults to determine its authenticity.