You are here

Daily Dispatches

Warren Buffett: Markets always defeat government intervention

Section: Daily Dispatches

12:09a ET Monday, December 27, 2004

Dear Friend of GATA and Gold:

Here's a reminder that GATA Chairman Bill Murphy
will be a speaker and GATA will have a booth at
the 2005 Vancouver Resource Investment Conference,
to be held at the Vancouver Convention and
Exhibition Centre on Sunday and Monday, January 23
and 24, and that we'll be joined by some of the
gold and silver world's favorite experts,

Julian D.W. Phillips: Bundesbank''s decision not to sell gold is historic

Section: Daily Dispatches

A Word From A Dollar Bear

By Robert Lenzner and Daniel Kruger
Forbes magazine
January 10, 2005

http://www.forbes.com/home/free_forbes/2005/0110/036.html

Warren Buffett's vote of no confidence in U.S. fiscal policies is up
to $20 billion.The dollar has fallen savagely against the euro for
the past three years, and the trade deficit is running $55 billion a

Dollar falls to another record against euro amid doubts about intervention

Section: Daily Dispatches

4:33p ET Monday, December 27, 2004

Dear Friend of GATA and Gold:

Julian D.W. Phillips, editor of Gold-Authentic Money,
explains in an essay posted today at GoldSeek the
historic importance of the Bundesbank's decision
against selling more gold from its reserves. You can
find Phillips' essay here:

http://news.goldseek.com/AuthenticMoney/1104171021.php

Is gold headed for its longest rally since the Nixon years?

Section: Daily Dispatches

Economic Rally for Argentina Defies Forecasts

By Larry Rohter
The New York Times
Sunday, December 26, 2004

http://www.nytimes.com/2004/12/26/international/americas/26argent.html
?hp

BUENOS AIRES, Dec. 23 -- When the Argentine economy collapsed in
December 2001, doomsday predictions abounded. Unless it adopted

Pimco director says U.S. bonds must be repudiated; so why does Pimco own them?

Section: Daily Dispatches

By Laura Humble
Bloomberg News Service
Monday, December 27, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=aO9aCmMLJgZE&refer=top_world_news

LONDON -- Gold prices, already near a 16-year high, may be
headed for the longest rally since Richard Nixon was U.S.
president as a falling dollar and renewed concern about
inflation boost bullion's appeal as an investment.

Year-end bounce for dollar is elusive

Section: Daily Dispatches

10:42p ET Sunday, December 26, 2004

Dear Friend of GATA and Gold:

Chris P. Dialynas, managing director of Pacific Investment
Management Co. (PIMCO), the big bond house, has just
written a comprehensive study of the international financial
situation, "Trouble Ahead, Trouble Behind." It purports to
outline a remedy to the explosive imbalances in the world
economy.

Dialynas' program includes:

Dutch finance minister''s comments give euro another boost

Section: Daily Dispatches

By Steven Vames
Dow Jones Newswires
Monday, December 27, 2004

http://sg.biz.yahoo.com/041226/15/3phy0.html

NEW YORK -- With conditions in currency markets
already thin, whatever trading takes places during the
final week of 2004 is likely to be choppy and volatile
for the dollar.

The euro pushed to yet another all-time peak versus

NYTimes: Newmont long knew about massive mercury pollution at Indonesia mine

Section: Daily Dispatches

8:20p ET Thursday, December 23, 2004

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment
strategist, John Embry, went on Wednesday's
"Market Call" program on ROB-TV in Canada
-- also known as Radio Free America -- and
remarked, among other things, that anyone
who doesn't see that the gold market is
being manipulated by central banks trying
to deceive the world about inflation would

Dollar may become a casualty of U.S. foreign policy

Section: Daily Dispatches

Mining Giant Was Warned
About Pollution in Indonesia

By Jane Perlez
The New York Times
Wednesday, December 22, 2004

http://www.nytimes.com/2004/12/22/international/asia/22newmont.html

JAKARTA, Indonesia -- An internal company report warned top
executives at the Newmont Mining Corp., the world's largest gold

Newmont says emissions from Indonesian mine were not harmful

Section: Daily Dispatches

By William Pesek Jr.
Bloomberg News Service
International Herald Tribune, Paris
Tuesday, December 21, 2004

http://www.iht.com/articles/2004/12/20/bloomberg/sxpesek.html

Being an American overseas these days can be a disorienting
experience. Virtually everyone you meet, it seems, wants to explain
why he or she is upset with the United States.

Pages