You are here

Daily Dispatches

Who says higher interest rates will produce a stronger dollar?

Section: Daily Dispatches

Citigroup, MorganChase, Putnam Pay Fines for Misconduct

By Marcy Gordon
Associated Press
Wednesday, March 23, 2005

http://biz.yahoo.com/ap/050323/mutual_funds_firms_fined_10.html

WASHINGTON -- In three unrelated cases, federal regulators fined
Citigroup Inc. and Putnam Investments $20 million and $40 million

MineWeb interviews Brett Kebble on the difficulty of mining in South Africa

Section: Daily Dispatches

Link Between Treasury Yields
and Dollar Is Questioned

By Steve Johnson
Financial Times, London
Wednesday, March 23, 2005

Two leading investment banks on Wednesday questioned whether rising
US Treasury yields would increase the attractiveness of the dollar,
even as the US currency rose on the back of rising US inflation
concerns.

"We question how much support the dollar will get from rising US

Central bankers manipulate currency markets, and gold and silver are currencies

Section: Daily Dispatches

8:25p ET Monday, March 21, 2005

Dear Friend of GATA and Gold:

The news report appended here about Citigroup's
avoidance of criminal charges in Germany for its
euro bond market manipulation last August evokes
the dictum of the great American journalist
Charles Peters, editor emeritus of The Washington
Monthly.

The big scandal, Peters remarked, is seldom what
is illegal but what is perfectly legal.

Newmont''s Lassonde takes over chairmanship of World Gold Council

Section: Daily Dispatches

12:26a ET Tuesday, March 22, 2005

Dear Friend of GATA and Gold:

"Every profession," George Bernard Shaw
remarked, "is a conspiracy against the
laity." And it seems that every meeting
of central bankers is a conspiracy
against the currency markets.

Gold and silver prices are routinely
listed with currency prices because the
precious metals are supra-national
currencies. So if central bankers often

DRDGold will close South African mines, dropping 5,600 jobs

Section: Daily Dispatches

From Reuters
Tuesday, March 22, 2005

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh54537_2005-03-22_12-04-08_l22240854_newsml

LONDON -- The World Gold Council has
appointed Pierre Lassonde, president
of leading global gold mining firm
Newmont Mining Corp., as its new
chairman.

The industry-backed group said in a

Ted Butler: None so blind

Section: Daily Dispatches

By David McKay
MiningMx.com
Tuesday, March 22, 2005

DRDGOLD has today applied to liquidate its operating
shafts in South Africa's North West province (Blyvoor
and Harties) in a step that saves the group from
bankruptcy but cedes a third of its 15 million in gold
reserves.

The decision is likely to stir the ire of unions, as
some 5,600 jobs have been placed in jeopardy.

The application to liquidate the mines also opens the

GATA''s international press release on Veneroso report in Gold Newsletter

Section: Daily Dispatches

9:30p ET Sunday, March 20, 2005

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood tonight has posted
his essay "GATA's Fatal Gold Solipsism," which
seems to argue, contrary to GATA's recent
suggestion, that gold should not necessarily have
any correlation with the CRB Index. You can find
Wood's essay here:

http://www.resourceinvestor.com/pebble.asp?relid=8768

Learn the basics of precious metals at Solari''s Precious Metals Miniseries

Section: Daily Dispatches

New Report on Gold Market
By Veneroso Vindicates GATA

GATA press release via Business Wire
Monday, March 21, 2005

http://home.businesswire.com/portal/site/google/index.jsp?
ndmViewId=news_view&newsId=20050321005333&newsLang=en

Frank Veneroso, perhaps the world's foremost gold market analyst,
has written a new study of the market that the Gold Anti-Trust

The big scandal isn''t what is illegal but what is perfectly legal

Section: Daily Dispatches

8p ET Monday, March 21, 2005

Dear Friend of GATA and Gold:

Here's a little plug for the Precious Metals Miniseries
of Solari Teleseminars, the undertaking of GATA board
member Catherine Austin Fitts. It will make a donation
to GATA for everyone who enrolls. Please check it out.

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

* * *

Announcing Solari Teleseminars

James Turk: The Fed''s track record isn''t pretty

Section: Daily Dispatches

By The Associated Press
Friday, March 18, 2005

http://biz.yahoo.com/ap/050318/fed_citigroup_2.html

WASHINGTON -- The Federal Reserve has barred Citigroup Inc., the
largest U.S. financial institution, from making major new
acquisitions until it corrects regulatory problems that have gotten
it into trouble with authorities in several countries.

Pages