Daily Dispatches

A campaign to restore sound money in New Hampshire


8:26p ET Friday, February 13, 2004

Dear Friend of GATA and Gold:

MineWeb's Tim Wood has an interesting account of
Barrick Gold's comments today about reductions in
its huge gold hedge book. Here's an especially
interesting excerpt:

"The reductions have been insufficient to stave off
ballooning unrealized losses on the hedge book,
though. It stood at a whopping mark-to-market loss

Unrealized loss on Barrick''s gold hedging nears $2 billion


By Nicole Mordant
Friday, February 13, 2004

VANCOUVER, British Columbia -- Barrick Gold Corp. said
Friday it was prepared to lose out on higher gold prices on
a third of its output this year as it lives up to a promise
to wipe out its bulky hedge book.

''Looking for the Next Bubble'' by Jim Puplava


Greenspan welcomes weak dollar

By Jennifer Hughes
Financial Times
Wednesday, February 11, 2004

The euro came within a cent of its lifetime highs against
the dollar on Wednesday after Alan Greenspan, chairman

In testimony to Congress, Fed chairman welcomes weaker dollar


1:39a ET Tuesday, February 10, 2004

Dear Friend of GATA and Gold -- and Silver!:

Here's a fun report about the recent Vancouver International
Resource Investment Conference -- and silver -- by David


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

Globalization destroys local production and only gold can restore it


9:54p ET Monday, February 9, 2004

Dear Friend of GATA and Gold:

MineWeb tonight has two interesting reports about the rush
to develop gold bullion equity funds and the World Gold
Council's problems in getting its own to work.

The first is by Tim Wood and is headlined "WGC Pushes on
with US Gold Fund." You can find it here:


David Bond''s report on the Vancouver conference -- and silver


12:56a ET Tuesday, February 10, 2004

Dear Friend of GATA and Gold:

Gold-Eagle has posted a fascinating commentary by GATA's
great friend, Hugo Salinas Price, "Globalization Dissected,"
which shows how economic globalization is destroying
local production in most countries and creating worldwide
imbalances that can only end catastrophically. Salinas
Price argues that only returning gold to its role as the

New Hampshire discusses remonetizing gold and silver for state government


Currency 'Volatility' Worries G-7 Officials;
Finance Chiefs Give Europeans,
Concerned About Dollar's Fall, What They Want

By Paul Blustein
Washington Post
Sunday, February 8, 2004

BOCA RATON, Fla., Feb. 7 -- Top economic policymakers
from the world's seven major industrial powers indicated

''Strong dollar'' policy is dead, New York Times concludes from G-7 meeting


12:28a ET Monday, February 9, 2004

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's "Midas" commentary for
February 8 at LeMetropoleCafe.com speculates about
a squeeze in silver and has been posted in the clear
at SilverSeek, the new companion site to GoldSeek,


Butler''s silver report: CFTC wants comment on price rigging, so let''s provide it


Euro Falls as EU Wants Weaker Currency

By Kyle Peterson and Gertrude Chavez
Monday, February 9, 2004

CHICAGO (Reuters) -- The euro fell against the dollar on
Monday after a published report said European Union
finance ministers will discuss "all possible ways" to curb

MineWeb reports on the rush to develop bullion equity funds and WGC''s trouble


9:45p ET Monday, February 9, 2004

Dear Friend of GATA and Gold:

Two of Jim Sinclair's commentaries today -- "Some People
'Don't Get No Respect'" and "Have We Got a Gold Fund for
You" -- are especially worth reading. You can find them


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

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