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Daily Dispatches
Adjusted for falling dollar, oil earning less for OPEC
Submitted by cpowell on Mon, 2007-07-23 22:42 Section: Daily DispatchesBy Javier Blas
Financial Times, London
Tuesday, July 24, 2007
http://www.ft.com/cms/s/d2b3da82-397d-11dc-ab48-0000779fd2ac.html
LONDON -- The falling US dollar is lowering the Organisation of the Petroleum Exporting Countries' purchasing power by up to a third, making the powerful oil cartel more reluctant to increase production and cut prices.
Paulson supports a strong dollar -- and a weaker one
Submitted by cpowell on Mon, 2007-07-23 21:23 Section: Daily DispatchesPaulson Backs Strong U.S. Dollar
From Reuters
Monday, July 23, 2007
http://today.reuters.com/news/articleinvesting.aspx?type=bondsNews&story...
Mint's reply to Liberty Dollar's lawsuit is a wonderful hypocrisy
Submitted by cpowell on Mon, 2007-07-23 21:12 Section: Daily Dispatches9p ET Monday, July 23, 2007
Dear Friend of GATA and Gold:
After requiring several delays, the U.S. Mint at last has responded to Liberty Dollar's federal lawsuit seeking a declaratory judgment that use of Liberty Dollar's metallic disks (we mustn't say "coins") in barter transactions is legal and not the federal crime the Mint claimed it to be last September.
James Turk: Getting ready for $700
Submitted by cpowell on Mon, 2007-07-23 07:57 Section: Daily Dispatches8a ET Monday, July 23, 2007
Dear Friend of GATA and Gold:
Peter Brimelow: Gold to test $720?
Submitted by cpowell on Mon, 2007-07-23 01:03 Section: Daily DispatchesBy Peter Brimelow
MarketWatch.com
Monday, July 23, 2007
http://www.marketwatch.com/news/story/gold-test-720-ounce/story.aspx?gui...
NEW YORK -- Gold's on a roll (again). And the gold bugs are gloating.
Chinese government falls
Submitted by cpowell on Sun, 2007-07-22 23:42 Section: Daily DispatchesJPMorgan Wins Approval
to Incorporate in China
From Reuters
Monday, July 23, 2007
http://www.reuters.com/article/marketsNews/idUKSHA35375120070723?rpc=44
SHANGHAI -- JPMorgan, a Wall Street investment bank, said on Monday that it had won final regulatory approval to set up a wholly owned unit in China.
Financial watchdog says U.S. at risk from non-ally bondholders
Submitted by cpowell on Sun, 2007-07-22 23:19 Section: Daily DispatchesBy Suzy Jagger and Gary Duncan
The Times, London
Monday, July 23, 2007
http://business.timesonline.co.uk/tol/business/markets/united_states/art...
America's leading public finance watchdog has sounded a warning that the US economy is vulnerable to hostile financial actions by nations that are not its "allies."
There's no inflation, just a lot more theft
Submitted by cpowell on Sun, 2007-07-22 20:45 Section: Daily DispatchesStolen Milk Crates
Feed Black Market
By Raquel Maria Dillon
Associated Press
via Yahoo News
Sunday, July 22, 2007
http://news.yahoo.com/s/ap/20070722/ap_on_bi_ge/milk_crate_theft;_ylt=An...
LOS ANGELES -- For decades, college kids have used stolen milk crates as the basic building blocks of coffee tables and dorm room shelves.
Clive Maund: This time it's for real
Submitted by cpowell on Sun, 2007-07-22 16:58 Section: Daily Dispatches5p ET Sunday, July 22, 2007
Dear Friend of GATA and Gold:
It has been another slow news weekend so you may be hungry for anything metals-related ... even technical analysis. In which case Clive Maund has delivered a heaping helping today. It's headlined "This Time It's for Real" and you can find it at Market Oracle here:
GATA sympathizers meet for lunch in Perth on Aug. 6
Submitted by cpowell on Sun, 2007-07-22 16:40 Section: Daily Dispatches4:40p ET Sunday, July 22, 2007
Dear Friend of GATA and Gold:
GATA sympathizers and gold investors are invited to the next GATA lunch in Perth, Australia, to be held at noon on Monday, August 6, in the restaurant of the Subiaco Hotel. A GATA sign will be displayed to get everyone to the right spot. RSVPs are helpful but not required, and should be sent to organizer David Evans at:
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