Daily Dispatches

Will Europe be the next to undercut its own currency?



BOCA RATON, Fla., Feb. 7 (Reuters) -- Below is the text issued
by finance ministers and central bankers after their meeting
here Saturday:

* * *

The global economic recovery has strengthened significantly
since our meeting in Dubai and risks have diminished. Growth

Barclays plans bullion fund to compete with World Gold Council''s


4:32p ET Saturday, February 7, 2004

Dear Friend of GATA and Gold:

Appended are the latest stories about the meeting of the
Western finance ministers in Boca Raton, Fla., the most
timely being CBSMarketWatch's, which is placed first and
which reports that the ministers have agreed on a statement
that will be released this evening.

See what you think, but the comments below seem to suggest

Text of G-7 communique from Boca Raton


5:45p ET Saturday, February 7, 2004

Dear Friend of GATA and Gold:

As you may see from the news service stories appended
here, the G-7 conference communique from Boca Raton
seems mainly to have invited Japan and China to be more
"flexible" with their currencies, to debase them less
amid the debasement of the U.S. dollar -- Japan and
China being the two major economic powers not having

Korelin''s interviews with gold market experts at Vancouver conference


9:15p ET Thursday, February 5, 2004

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary for
tonight at LeMetropoleCafe.com has been posted in
the clear at GoldSeek here:


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

''Midas'' commentary for February 5 posted at GoldSeek


1:37a ET Wednesday, February 4, 2003

Dear Friend of GATA and Gold:

When the most important bond fund manager in the
United States, Bill Gross of Pimco, suggests that
the country may be about to get flattened by a
tidal wave of debt that his own firm has
facilitated, the end may be near or at least due
some contemplation.

So here it is, Gross' latest commentary, "The
Last Vigilante," an elaboration on the

G-7 seen as unlikely to aid dollar; and an appeal to former BIS shareholders


9:23p ET Thursday, February 5, 2004

Dear Friend of GATA and Gold:

The links sent to you the other night for Alexander B.
Korelin's interviews with gold market experts at the
recent Vancouver International Resources Investment
Conference didn't work for a while but they are
working now and you can find them here:


Bond fund manager Gross warns that debt explosion may topple U.S.


7:50p ET Tuesday, February 3, 2004

Dear Friend of GATA and Gold:

If you need some expert hand holding about gold, you
probably couldn't do better than Jim Sinclair's "Gold
Technical Review" commentary, posted this afternoon


And before you get too anxious about the Federal
Reserve's supposed retreat from its policy of

Sinclair holds your hand; why Fed won''t raise rates; and audio from Vancouver


12:22p ET Saturday, January 31, 2004

Dear Friend of GATA and Gold:

GATA assumes that all good gold bugs check
Gold-Eagle and Kitco at least five times per
day, but just in case, here's a reminder about
two especially interesting analyses there.

At Gold-Eagle, the Hard Rock Analyst argues in
"Liar's Poker" that, despite last week's spike
in the dollar, the United States still wants it

U.S. said to want dollar lower still; and another report on Vancouver conference


11:06p ET Friday, January 30, 2004

Dear Friend of GATA and Gold:

MineWeb's Stuart Bailey has written an excellent report
about the business partnership of GATA consultant
James Turk's GoldMoney and Durban Roodeport Deep.
The report shows that the enterprise here is nothing
short of the worldwide private remonetization of gold,
bringing monetary choice and liberation to people
everywhere. You can find the report here:

Gold sold by Norway was long gone; Australia admits gold is for rigging markets



TOKYO, Jan. 30 (Reuters) -- Japan spent a record 7.1545 trillion
yen in currency intervention in January -- equivalent to $67.56
billion at Friday's rate -- to stem the yen's rise against the
dollar, Finance Ministry data showed.

That total, which covers the period between December 27 and

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