 | TOP STORIES |  | | | Hell, Meet Handbasket | | By Doug Hornig, Editor, Casey Research - BIG GOLD, 08 Nov 2008, 12:42 AM | | Currently, we find ourselves in a mess that many are calling the most serious economic crisis since the Great Depression. If not worse. A mile-high mountain of paper profits has been set ablaze and reduced to ashes, choking investors who put their faith in houses, stocks, or commodities, or? or? just about anything else you can name. | | Show Me The "Real" Money | | By J.B. Siewers, 08 Nov 2008, 12:15 AM | | While gold has had serious and painful corrections in the current bull market, when reality sets in, monies will flow to a standard that the world recognizes. Paper currencies are inherently and constantly in flux. The variables are so diverse that one would be hard pressed to complete an analysis that factors in every influence that affects the underlying values. | | Preserving Financial Sector Confidence, Not Monetary Easing, Is Key | | By Arvind Subramanian, 07 Nov 2008, 06:17 AM | | Financially integrated India has been hit by the financial contagion. This article explains what Indian policymakers need to do in order to restore confidence in the financial system and avoid the risks of easing monetary policies. The time has come for the Reserve Bank of India to use its foreign exchange reserves to inject liquidity into the financial system. | | Great Bailout Of 2008: What's Next? | | By Daniel P. Collins and Chris McMahon, 08 Nov 2008, 12:40 AM | | What are the lessons to be culled from the credit crisis, which is still playing out? And how will it affect futures and derivatives markets? | | Companies Turning To Commercial Paper | | By Stephen Gunnion, 07 Nov 2008, 11:03 AM | | South African companies are turning increasingly to the commercial paper market to fund their borrowing requirements as the bond market remains blocked by global economic turmoil. | | Nersa Gets Feed-In Tariffs Ready For Investors | | By Siseko Njobeni, 07 Nov 2008, 11:22 AM | | The National Energy Regulator of SA (Nersa) will have the renewable energy feed-in tariffs ready by the end of February, a senior Nersa official said yesterday. | | New U.S. Administration Will 'Benefit South Africa' | | By Hopewell Radebe, Diplomatic Editor, 07 Nov 2008, 11:28 AM | | The economic benefit South Africa derives from bilateral relations with the US is already the envy of many developing countries, and will be even better under the administration of president-elect Barack Obama, foreign affairs director-general Ayanda Ntsaluba said yesterday. | | Obama 'May Help Africa Free-Trade Deal' | | By Linda Ensor, 07 Nov 2008, 10:58 AM | | Barack Obama's win could open up the possibility of a free-trade agreement between southern Africa and the U.S., trade and industry director-general Tshediso Matona said yesterday. | | Clearing The Air | | By Daniel P. Collins, 09 Nov 2008, 12:00 AM | | When exchange clearing members come under stress, the clearinghouse gets active, so we talked to Kim Taylor, managing director and president of CME Clearing House Division, to see what steps were taken once Lehman Brothers Holdings declared bankruptcy on Sept. 15. | | |