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Daily Dispatches
Indonesian court says detention of Newmont executives was illegal
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesFrom Reuters
Wednesday, December 22, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7165399
DENVER -- Newmont Mining Corp. said on Wednesday its gold operations
in Indonesia had released mercury but the toxic emissions were not at
levels harmful to people or the environment.
The statement from the world's biggest gold miner was the latest step
Having told IMF to drop dead, Argentina prospers
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesFrom Reuters
Thursday, December 23, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh14503_2004-12-23_11-10-33_jak160713_newsml
JAKARTA -- An Indonesian court said on Thursday the detention of five
executives of a local unit of U.S. gold miner Newmont Mining Corp.
earlier this year was illegal.
John Embry on ROB-TV: Only grapefruits can''t see manipulation of gold price
Submitted by cpowell on Thu, 2004-12-23 03:00 Section: Daily DispatchesBy Ted Butler
Tuesday, December 21, 2004
I had lunch last month with a good friend, Pat, a successful investor
and businessman. He is avidly interested in silver, and owns a
substantial quantity. I like that he asks penetrating questions if he
thinks something I say may not be entirely correct.
Recently I mentioned to him that there was more gold above ground
Ted Butler: Don''t look now but the real gold is silver
Submitted by cpowell on Wed, 2004-12-22 03:00 Section: Daily DispatchesBy Robert Schroder
CBSMarketWatch.com
Tuesday, December 21, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B35A246BA%2D60C9%
2D4C7B%2D803E%2D89682C5A4CB4%7D&siteid=mktw&dist=
WASHINGTON -- Mortgage finance giant Fannie Mae
dismissed Chief Executive Officer Franklin Raines and
Chief Financial Officer Timothy Howard late Tuesday
Fannie Mae dismisses CEO and CFO in response to critical report by SEC
Submitted by cpowell on Tue, 2004-12-21 03:00 Section: Daily Dispatches11:42a ET Monday, December 20, 2004
Dear Friend of GATA and Gold:
GATA today distributed internationally by the
Business Wire service a press release about
efforts to remonetize silver in Mexico. The
release is appended. Please help us circulate it
around the Internet and to news organizations.
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
* * *
Mexico May Remonetize Silver, GATA Says
Bundesbank confirms that it will not be selling those 120 tonnes of gold
Submitted by cpowell on Mon, 2004-12-20 03:00 Section: Daily DispatchesChinese Investors Take a Shine to Gold
By Lucy Hornby
Reuters
China Post, Taipei
Monday, December 20, 2004
http://www.chinapost.com.tw/business/detail.asp?GRP=E&id=55831
SHANGHAI -- It took the Caishikou department store just hours last
month to run out of gold bars stamped with a Year of the Rooster
This time in English: Bundesbank declines to sell much gold
Submitted by cpowell on Mon, 2004-12-20 03:00 Section: Daily Dispatches7:44a ET Monday, December 20, 2004
Dear Friend of GATA and Gold:
The Reuters story below in German from Frankfurt
says the Bundesbank has confirmed its rejection
of the proposal of its president, Axel Weber, to
sell 120 tonnes of gold. Instead, the Bundesbank
will sell only 8 tonnes, and those for the minting
of gold coins.
The story says the gold sales plan could not win
a majority on the Bundesbank's board and that the
Bundesbank president: I never wanted to sell gold -- honest!
Submitted by cpowell on Mon, 2004-12-20 03:00 Section: Daily DispatchesBundesbank to Limit Gold Sales
to 8 Tons in 1st Year of Agreement
By Laura Humble
Bloomberg News Service
Monday, December 20, 2004
http://www.bloomberg.com/news/markets/commodities.html
LONDON -- Germany's Bundesbank, the world's second-biggest
gold holder, will sell less than 7 percent of the amount allowed
under a European accord, resisting calls to use bullion to help
Bundesbank''s decision raises doubts that 2,500-ton gold quota will be sold
Submitted by cpowell on Mon, 2004-12-20 03:00 Section: Daily DispatchesBy Maria Sheahan
AFX News
Monday, December 20, 2004
http://www.iii.co.uk/news/?
type=afxnews&articleid=5150359&action=article
FRANKFURT -- Bundesbank president Axel Weber
dismissed reports he tried to push for the sale of
part of the central bank's gold reserves but was
rejected by six of the eight Bundesbank board members.
"It is wrong of the media to create the impression I
GATA distributes international press release about remonetizing silver in Mexico
Submitted by cpowell on Mon, 2004-12-20 03:00 Section: Daily DispatchesGold Rises as Bundesbank Says
It Won't Fulfill Gold Sales Quota
By Laura Humble
Bloomberg News Service
Monday, December 20, 2004
http://www.bloomberg.com/apps/news?
pid=10000082&sid=ayzkTUeJcnKc&refer=canada
LONDON -- Gold rose in London after the German
Bundesbank, the world's second-largest gold holder,
said it won't fulfill its option to sell 120 tons of
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