Daily Dispatches

8:35a ET Tuesday, September 5, 2006

Dear Friend of GATA and Gold:

Edgar J. Steele, a lawyer in Idaho who is proprietor of ConspiracyPenPal.com, has written an essay just posted at GoldSeek's companion site, SilverSeek, offering some interesting speculations about Goldcorp's bid for Glamis Gold and Goldcorp's own risk of becoming a target for Barrick Gold.

Essentially Steele argues that, in acquiring Glamis at a premium price, Goldcorp is striving to make itself too big and unattractive to distract Barrick from its predation of NovaGold.

By Ed Steer and Ted Butler

(First, Ed Steer.)

One of the most pleasant aspects of being involved with exposing the manipulation of the price of gold and silver is the quality of the people who I have met on this journey.  Of course this would include the entire GATA community, most of whom I have had the pleasure of meeting many times over the last six years.

But at the top of the list people of people I have never met and who would automatically fall into the august group mentioned above is my now good friend Ted Butler. From the first time I read his work way back when, it was evident that this man knew of what he spoke. I have a natural tendency to gravitate to people such as this, and Butler's work was no exception.

10:23p ET Sunday, September 3, 2006

Dear Friend of GATA and Gold:

The Gold Anti-Trust Action Committee will be participating in the 2006 Toronto Resource Investment Conference at the Metro Toronto Convention Centre on Sunday and Monday, September 24 and 25, and you're invited.

GATA Chairman Bill Murphy will address the conference, as will many experts supportive of or sympathetic to GATA, including Peter Grandich of the Grandich Letter, Frank Holmes of U.S. Global Investors, John Lee of Mau Capital Management, Jay Taylor of J. Taylor's Gold and Technology Stocks and J. Taylor's Energy and Tech Stocks newsletters, and Frank Veneroso of Veneroso Associates.

Chinese Official Opposes
Sale of Dollar Holdings

From Reuters
Saturday, September 2, 2006

http://asia.news.yahoo.com/060902/3/2pc2y.html

CERNOBBIO, Italy -- China would only damage itself if it sold dollars from its $941 billion stockpile of foreign currency reserves, a senior official said on Saturday.

The official, Cheng Siwei, vice chairman of the national parliament, said selling dollar-denominated assets would hurt China by weakening the dollar and the country should diversify its bond purchases.