Daily Dispatches

10:21a ET Thursday, December 9, 2004

Dear Friend of GATA and Gold:

My reply to David Walker's "open letter"
to me at TheBullionDesk.com and
321Gold.com was sent to both Internet
sites last night with my request that
it be posted.

The Bullion Desk responded this morning
with a fatuous editorial declaring that
it is "time to move on," while 321Gold's
proprietor responded with a malicious,

By Dr. Richard S. Appel
www.financialinsights.org
Thursday, December 9, 2004

Most of the below commentary was written prior
to Wednesday's $15 gold price collapse. However,
it still remains applicable and further strengthens
my belief that important buying points are
approaching for both gold and the gold equities.

The current disconnect between the price action
of gold and the major and junior gold stocks has

Argentina's Debt Museum Is Set
To Tackle Woeful Financial Past

By Suzelle Tempero
of Dow Jones Newswires
The Wall Street Journal
Wednesday, December 8, 2004

BUENOS AIRES -- When tourists in Buenos Aires tire
of the usual museum fare of tango, Evita, and Argentine
art, they can delve into a more academic topic: the
country's staggering external debt.

Set to open in March at the University of Buenos Aires,

10:42p ET Tuesday, December 7, 2004

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood examines the questions
about the security of the gold in the World Gold
Council's exchange-traded bullion fund and finds
that James Turk and GATA have landed an unlikely
ally in the financial establishment: Mitsui's Andy
Smith, never considered much of a friend of gold as
an investment.

Smith calls the bullion fund "a paper claim based on