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Daily Dispatches
Adrian Ash: Gold and the end of history's holiday
Submitted by cpowell on Tue, 2007-10-09 21:03 Section: Daily Dispatches9p ET Tuesday, October 9, 2007
Dear Friend of GATA and Gold:
John Crudele: Who's Ben chatting with about the economy?
Submitted by cpowell on Tue, 2007-10-09 14:58 Section: Daily DispatchesBy John Crudele
New York Post
Tuesday, October 9, 2007
http://www.nypost.com/seven/10092007/business/whos_ben_chatting_with_abo...
Is this any way to run a country?
The government on Friday reported the employment numbers for September and they were better than Wall Street expected, which caused a rally in the stock market but trashed government bonds.
Ted Butler: A picture worth a thousand words
Submitted by cpowell on Tue, 2007-10-09 14:42 Section: Daily Dispatches2:40p ET Tuesday, October 9, 2007
Dear Friend of GATA and Gold:
European Central Bank plans indefinite liquidity boosts
Submitted by cpowell on Mon, 2007-10-08 18:50 Section: Daily DispatchesBy Ralph Atkins and David Oakley
Financial Times, London
Monday, October 8, 2007
http://www.ft.com/cms/s/0/bc7098ee-75d9-11dc-b7cb-0000779fd2ac.html
The European Central Bank pledged on Monday that it would inject extra liquidity into money markets for as long as is necessary in order to stabilise short-term interest rates.
Alan Ruskin: Moral hazard encourages weak dollar
Submitted by cpowell on Mon, 2007-10-08 17:08 Section: Daily DispatchesBy Alan Ruskin
Financial Times, London
Monday, October 8, 2007
http://www.ft.com/cms/s/1/0d57808c-75bd-11dc-b7cb-0000779fd2ac.html
The slide in the actively traded dollar index to its record low makes a final mockery of the US Treasury's mantra that "a strong dollar is in the US interest."
New party line in U.S.: Weak dollar good, won't be inflationary
Submitted by cpowell on Mon, 2007-10-08 08:57 Section: Daily DispatchesPaulson's Weak Dollar
Boosts Growth
Without Fueling Inflation
By Matthew Benjamin and Vivien Lou Chen
Bloomberg News Service
Monday, October 8, 2007
http://www.bloomberg.com/apps/news?pid=20601109&sid=acan_4u7wIJI&refer=home
James Turk: When's gold's next streak?
Submitted by cpowell on Sun, 2007-10-07 16:01 Section: Daily Dispatches4p ET Sunday, october 7, 2007
Dear Friend of GATA and Gold:
GATA Chairman Murphy looks for company in Toronto Oct. 15
Submitted by cpowell on Fri, 2007-10-05 20:02 Section: Daily Dispatches7:50p ET Friday, October 5, 2007
Dear Friend of GATA and Gold:
GATA's friends in the Toronto area are invited to join GATA Chairman Bill Murphy for an informal cocktail party from 5 to 7 p.m. Monday, October 15, at Hy's Steak House, 101-120 Adelaide St. West.
If you get there early enough, Murphy may buy you a drink -- if there's any left.
Rise of giant funds sparks fear of global shockwave
Submitted by cpowell on Fri, 2007-10-05 15:49 Section: Daily DispatchesBy Tom Stevenson
The Telegraph, London
Friday, October, 5, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/10/05/ccfund...
The rapid growth of sovereign wealth funds, petrodollar investors, hedge funds, and private equity groups poses significant risks for the world economy, claims a report from management consultant McKinsey.
No inflation? Rare gold coin doubles in value in two years
Submitted by cpowell on Fri, 2007-10-05 00:38 Section: Daily DispatchesCollector Pays $5 Million for Rare Gold Coin
By The Associated Press
via Yahoo News
Thursday, October 4, 2007
http://news.yahoo.com/s/ap/20071005/ap_on_re_us/rare_coin_6
A rare $10 gold coin made for President Andrew Jackson to give as a diplomatic gift during trade missions to Asia was purchased Thursday by a private collector for $5 million.