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Daily Dispatches
Italy to rescue bank from derivatives blowup
Submitted by cpowell on Wed, 2007-07-25 09:18 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Wednesday, July 25, 2007
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/07/25/cnital...
Board members of the Italian bank Italease were in emergency session last night amid reports that the central bank may step in following huge losses on the derivatives markets.
Former Malaysian leader renews call for gold dinar
Submitted by cpowell on Wed, 2007-07-25 09:13 Section: Daily DispatchesBy Harpreet Bhal
The Edge, Petaling Jaya, Malaysia
Wednesday, July 25, 2007
http://www.theedgedaily.com/cms/content.jsp?id=com.tms.cms.article.Artic...
Ted Butler: Still the same
Submitted by cpowell on Tue, 2007-07-24 12:56 Section: Daily Dispatches12:52p ET Tuesday, July 24, 2007
Dear Friend of GATA and Gold:
Ambrose Evans-Pritchard: When will gold go ballistic?
Submitted by cpowell on Mon, 2007-07-23 23:40 Section: Daily DispatchesBy Ambrose Evans-Pritchard
The Telegraph, London
Monday, July 23, 2007
http://blogs.telegraph.co.uk/business/ambrosevanspritchard/july07/eurocr...
A lot of readers have asked why I duck the issue of gold when talking about the dollar crisis and the M3 monetary blow-off.
So here we go:
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.