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Daily Dispatches

Dollar recovers after reduction in Chinese holdings of Treasuries is denied

Section: Daily Dispatches

Bank's Chief Economist Worries
Dollar May Fall by Another 15%

By Philip Thornton
The Independent, London
Friday, November 26, 2004

http://news.independent.co.uk/business/news/story.jsp?story=586869

The dollar could slump by another 15 percent, creating
a potential headache for the Bank of England, its chief

China reported bidding for Canada-based Husky Energy

Section: Daily Dispatches

By Mure Dickie
Financial Times, London
Friday, November 26, 2004

http://news.ft.com/cms/s/ee5882b2-3f82-11d9-bd0e-00000e2511c8.html

BEIJING -- The dollar recovered from a record low against
the euro and a five-year nadir to the yen after a Chinese
official denied a report that China had trimmed the amount
of US treasury bonds in its portfolio.

GATA''s great friend, novelist Arthur Hailey, dies at 84 at home in Bahamas

Section: Daily Dispatches

From Reuters
Friday, November 26, 2004

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh80999_2004-11-26_13-11-43_n26287327_newsml

TORONTO -- A Chinese government agency is eyeing
Husky Energy Inc., a Canadian-based company
controlled by Hong Kong billionaire Li Ka-shing, The
Globe and Mail newspaper reported on Friday.

Pimco Internet site returns to service and McCulley essay is available again

Section: Daily Dispatches

9a ET Friday, November 26, 2004

Dear Friend of GATA and Gold:

The novelist Arthur Hailey, a great and long-time
supporter of GATA and gold, died Wednesday. His
obituary from today's edition of The New York Times
is appended. We will convey our condolences and
gratitude to his family.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

* * *

Novelist Arthur Hailey of 'Airport' Dies at 84

Try reaching the McCulley essay through Pimco''s home page

Section: Daily Dispatches

11:23a ET Friday, November 26, 2004

Dear Friend of GATA and Gold:

The Pimco Internet site has been returned to service
at this hour and the essay by its managing director,
Paul McCulley, cited in a GATA dispatch yesterday,
is again available here:

http://www.pimco.com/LeftNav/Late+Breaking+Commentary/FF/2004/FF_Nov_2

An interview with GATA board member Catherine Austin Fitts

Section: Daily Dispatches

11:51a ET Friday, November 26, 2004

Dear Friend of GATA and Gold:

That Internet link to the essay by Paul McCulley
at the Pimco site is still giving people trouble.
So try going to the Pimco home page here:

http://www.pimco.com/TopNav/Home/Default.htm

At this hour the McCulley essay is the first item
under "Late Breaking Commentary" at the top

The day the dollar died?

Section: Daily Dispatches

6:21p ET Friday, November 26, 2004

Dear Friend of GATA and Gold:

GATA board member Catherine Austin Fitts was
interviewed about investment strategies this
month by Jeff Neal of Optionetics.com, and the
interview touches on the gold market. You can
find the interview in two parts here:

http://www.optionetics.com/articles/article_full.asp?idNo=11457

The scent of competitive devaluations is the air in Japan and Europe

Section: Daily Dispatches

7:03p ET Friday, November 26, 2004

Dear Friend of GATA and Gold:

In his nightly market commentary, "Mr. Gold," Jim
Sinclair, calls today the day the dollar died.
Admission to Sinclair's Internet site his free
but you have to register:

http://www.jsmineset.com

Appended here are what seem like two of today's
more important news stories about the currency

Euro Jumps to $1.32, Bonds Rally, Gold Surges

Section: Daily Dispatches

"Conspiracies rarely exist."

-- Dennis Gartman
in The Gartman Letter,
September 14, 2004

* * *

AIG to Pay $126 Million to Settle U.S. Probes

By Jonathan Stempel
Reuters
Wednesday, November 24, 2004

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6911964

NEW YORK -- American International Group Inc. on

Everyone expects intervention or a bounce for the dollar but it''s not happening

Section: Daily Dispatches

Covert Intervention by European Central Bank Expected

By Raj Rajendran
Reuters
Thursday, November 25, 2004

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh66519_2004-11-25_13-55-06_l25626607_newsml

LONDON -- The euro hit a record high of $1.32 on
Thursday on a growing view Washington is happy

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