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Daily Dispatches

Richard Daughty: The gold bug in all of us

Section: Daily Dispatches

Bush to Change Economic Team;
Candidates Likely To Be From
Outside The Administration

By Mike Allen
Washington Post
Monday, November 29, 2004

http://www.washingtonpost.com/wp-dyn/articles/A18599-2004Nov28.html

President Bush plans to overhaul his economic team
for the second time in two years and wants to tap

China urged to develop gold market for asset protection, not speculation

Section: Daily Dispatches

By The Mogambo Guru
(a.k.a. Richard Daughty)
DailyReckoning.com
Monday, November 29, 2004

Alert reader Jim E. sent me a New Yorker article by a
guy named James Surowiecki who has written an
interesting article: "Why Gold?" Jim thought the guy
was the "dumbest SOB that ever lived" and of course
I was excited to hear about a guy who was a bigger
and dumber SOB than me!

Lawsuits seeking billions from U.S. companies in South Africa dismissed

Section: Daily Dispatches

Giving Gold a Foreign Touch

By Yu Qiao
China Daily, Beijing
Tuesday, November 30, 2004

http://www.chinadaily.com.cn/english/doc/2004-11/30/content_395899.htm

An executive of Shanghai Gold Exchange yesterday
said that China's sole national gold bourse has made
submissions to the central bank to attract foreign

Lack of growth in Wal-Mart sales stokes fears about U.S. recovery

Section: Daily Dispatches

By Doug Noland
PrudentBear.com
Friday, November 26, 2004

http://www.prudentbear.com/creditbubblebulletin.asp

Dear Mr. Dollar:

I have for some time expounded your shortfalls and
frailties.And now, with your soundness and future
status having been elevated to the crucial issue in
global markets and economics, it is appropriate that

Dan Denning: Gold and Gravity

Section: Daily Dispatches

Wal-Mart Sales Stoke Recovery Fears

By James Politi in New York
and Chris Giles in London
Financial Times, London
Sunday, November 28, 2004

http://news.ft.com/cms/s/40804c8c-4172-11d9-9dd8-00000e2511c8.html

Worries about the sustainability of the US economic
recovery were stoked on Sunday after the stores

Currency markets may be volatile this week amid heavy U.S. data, speeches

Section: Daily Dispatches

4p ET Sunday, November 28, 2004

Dear Friend of GATA and Gold:

This essay by Dan Denning of DailyReckoning.com is
a few days old but still notable for adding to the
puzzlement of contrarians about the prevailing
opinion about gold. Is it that gold is explosive,
or that it is due for a sharp and relatively brief
decline before resuming a powerful rise?

Denning does seem to represent the prevailing

NY Times: Foreign interest appears to flag as dollar falls

Section: Daily Dispatches

Dollar Drops Further as Central Banks Reassess Reserves

By Eric Pfanner
International Herald Tribune
at The New York Times
Friday, November 26, 2004

http://www.nytimes.com/2004/11/26/business/26dollarcnd.html?oref=login

LONDON -- The falling dollar reached new depths against
the euro today, after a weeklong erosion of value prompted

China Daily: Gold bars welcomed by Chinese consumers

Section: Daily Dispatches

2:25p ET Saturday, November 27, 2004

Dear Friend of GATA and Gold:

Today's New York Times story about the turmoil
in the currency markets, appended here, may be
most interesting for its last paragraph, which
asserts that the biggest growth in purchases of
U.S. Treasury securities is coming from
"Carribean banking centers." These Carribean
banks long have been suspected to be fronts

Gold reserves selloff estimated to have cost Britain

Section: Daily Dispatches

Gold Bars Welcomed by Chinese consumers

China Daily, Beijing
Saturday, November 27, 2004

http://www.chinadaily.com.cn/english/doc/2004-11/27/content_395351.htm

With more cash in their wallets, many Chinese are
looking for ways to diversify their investments to
guarantee the security of assets and to even seek

Doug Noland: An open letter to the U.S. dollar

Section: Daily Dispatches

Brown's Gold Sale Cost the UK 1.5 billion

By Tony Freinberg
The Telegraph, London
Sunday, November 28, 2004

http://news.telegraph.co.uk/news/main.jhtml?
xml=/news/2004/11/28/ngold28.xml

Gordon Brown has cost the British taxpayer almost
1.5 billion by selling off half of Britain's bullion
reserves just before the gold price soared.

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