Daily Dispatches

China rebuffs U.S., refuses to give timetable on letting yuan float

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10:13p ET Sunday, October 3, 2004

Dear Friend of GATA and Gold:

Movements in the price of gold are sometimes "so
enigmatic" and central banks and bullion banks are
so involved with it that the gold market may be
less than free, the deputy chairman of the Bank of
Russia says.

The deputy chairman, Oleg V. Mozhaiskov, made the
remarks in a speech at a meeting of the London
Bullion Market Association in Moscow in June, but

James Turk: Gold is likely to break $430 barrier soon

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By Gilbert Le Gras
Reuters
Saturday, October 2, 2004

http://www.reuters.com/newsArticle.jhtml?
type=reutersEdge&storyID=6396190

WASHINGTON -- Many Group of Seven rich nations
and gold-mining powerhouse South Africa are
concerned about a proposal to revalue some IMF
gold to fund debt relief for poor nations,
officials said on Saturday.

CMRE''s fall dinner meeting focuses on America''s bankruptcy

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2:47p ET Sunday, October 3, 2004

Dear Friend of GATA and Gold:

Market analyst Clive Maund's latest commentary
expresses the increasingly common belief that the
U.S. government will keep the currency markets
calm until the presidential election is out of
the way and then all hell will break loose, with
gold, silver, and commodities breaking upward.
This is especially interesting to GATA for

Russian central banker cites GATA, says gold market may be less than free

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8:30p ET Sunday, October 3, 2004

Dear Friend of GATA and Gold:

The weekly Bloomberg News survey of gold traders,
appended here, is interesting not for its predictive
value -- the survey notes that the traders get it
wrong as often as they get it right -- but because
of a few other things:

* It quotes the CEO of Barrick Gold as expecting
inflation to lift the gold price. Having shared

Another plea of guilty to price fixing that won''t make The Gartman Letter

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G-7 calls for increased oil supplies;
Snow urges China to adopt flexible exchange rate soon

By Corbett B. Daly
CBS.Marketwatch.com
Friday, October 1, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7BE762554B%2DB36E%
2D4A01%2DB492%2DEF63F5202334%7D&siteid=mktw

WASHINGTON -- Finance ministers and central bankers

Barron''s interviews James Turk on the coming collapse of the dollar

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Finance meetings focusing on China,
poor nation debt, Iraq, and oil

By Martin Crutsinger
Associated Press
Saturday, October 2, 2004

WASHINGTON -- The world's major economic powers
were far apart Saturday on agreeing how to provide
debt relief for Iraq and the poorest nations, as
finance officials began broader discussions about
the global economy.

Treasury Secretary John Snow and Federal Reserve

IMF fails to devise debt relief for poor countries

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5:36p ET Saturday, October 2, 2004

Dear Friend of GATA and Gold:

Jim Puplava, proprietor of FinancialSense.com, has
just interviewed GATA board member Michael
Bolser about technical analysis in manipulated
markets -- that is, markets for what Bolser calls
strategic commodities, particularly gold and oil.
(Bolser expects the U.S. government to ambush
gold next week.)

You can listen to the interview on the "Financial

Finance ministers renew calls for ''more flexibility'' in exchange rates

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By Gale Courey Toensing
Waterbury (Connecticut) Republican-American
Friday, October 1, 2004

SHARON, Conn. -- A local woman known both for her
dedication to her family and as an international
philanthropist was killed in an automobile accident
in India on Sunday.

Barbara Sinclair, 63, died when the vehicle in which
she was a passenger was struck from behind by a
truck and crashed into a bus, said Arthur Hahn,

Finance ministers far apart on debt relief; China won''t say when yuan will float

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"Conspiracies rarely exist."
-- Dennis Gartman in The Gartman Letter, September 14, 2004

* * *

Bayer Pleads Guilty
in Price-Fixing Conspiracy,
Will Pay $33 Million Fine

U.S. Department of Justice Statement
Thursday, September 30, 2004

http://www.usdoj.gov/opa/pr/2004/September/04_at_661.htm

WASHINGTON -- Bayer Corp., the Pittsburgh subsidiary

Jim Puplava''s ''Financial Sense Newshour'' interviews GATA''s Mike Bolser

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The Buck Drops Here:
A Longtime Gold Bull Explains
Why He Thinks a Dollar Collapse is Inevitable

By Sandra Ward
Barron's
Monday, October 4, 2004

We've found it worthwhile the last two years to pay
a call to one of our favorite authorities on the yellow
metal: James Turk, publisher of the Freemarket Gold
& Money Report and founder of Goldmoney.com, a
company that facilitates cross-border transactions

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