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Daily Dispatches
Canadian dollar falls as bank drops pledge to lift target rate
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily DispatchesBy Ted Butler
Tuesday, December 7, 2004
http://www.investmentrarities.com
The current COTs indicate no basic change in the extreme readings in
gold and silver. The tech funds are very long and the dealers are
very short. The outcome is still very much unresolved. It is true
that the dealers are sitting on significant losses and the tech
funds have very large open profits in gold and silver, but it is
Resource Investor finds something to question about WGC''s bullion fund
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily DispatchesBy Joshua Krongold
Bloomberg News Service
Tuesday, December 7, 2004
http://www.bloomberg.com/apps/news?
pid=10000082&sid=aqPFgZJidwjE&refer=canada
NEW YORK -- Canada's dollar fell to a two-week low
and bonds rose after the Bank of Canada refrained
from increasing its 2.5 percent target interest rate
and dropped its pledge to lift the rate "over time."
Murphy''s ''Midas'' commentary for December 5 posted in the clear at GoldSeek.com
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesGoldcorp Agrees to Buy Wheaton River
From Reuters
Sunday, December 5, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh22368_2004-12-05_23-24-31_wen0725_newsml
NEW YORK -- Canadian mining company Goldcorp Inc.
plans to buy Wheaton River Minerals Ltd in an
all-share offer in which Goldcorp will offer one
Peter Brimelow: Gold bullion bulls vs. gold share bears
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily Dispatches12:08a ET Monday, December 6, 2004
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's special "Midas"
commentary for Sunday, December 5, at
LeMetropoleCafe.com has been posted in the
clear at GoldSeek.com here:
http://news.goldseek.com/LemetropoleCafe/1102348862.php
CHRIS POWELL, Secretary/Treasurer
Treasury secretary likely to leave soon, Republicans tell NYTimes
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesBy Peter Brimelow
CBS.MarketWatch.com
Monday, December 6, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B8BA6CCFB%2DCAFA%
2D4AA7%2DA52F%2D7033A9596E1A%7D&;siteid=mktw
NEW YORK -- Gold has followed up its Thanksgiving
celebration: Friday's New York close, just over $455,
attained a level not seen since early 1988.
GATA press release questions World Gold Council''s bullion fund
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesBy Richard W. Stevenson
The New York Times
Monday, December 6, 2004
http://www.nytimes.com/2004/12/06/politics/06cabinet.html
WASHINGTON -- President Bush has decided to
replace John W. Snow as treasury secretary and
has been looking closely at a number of possible
replacements, including the White House chief of
staff, Andrew H. Card Jr., Republicans with ties
European finance ministers turn up the rhetoric to halt euro''s rise
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesWorld Gold Council's Bullion Fund
Double-Counts Gold Bars, GATA Says
GATA Press Release via Business Wire
December 6, 2004
More than 2 percent of the gold reported as the property
of the World Gold Council's new exchange-traded bullion
fund on the New York Stock Exchange (GLD) appears to
have been double-counted on account of duplicate serial
numbers on the fund's gold bars, the Gold Anti-Trust
Rick Ackerman and John Mackenzie have visions of sugarplums for gold investors
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesTrichet, EU Finance Chiefs
Urge U.S. to Fight Dollar's Decline
By James G. Neuger
Bloomberg News Service
Tuesday, December 7, 2004
http://www.bloomberg.com/apps/news?
pid=10000085&sid=aem1Iq3tEZpo&refer=europe
European Central Bank President Jean-Claude
Trichet joined European finance ministers in
urging the U.S. to halt the decline of the dollar,
We urgently need your help
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily Dispatches9:55p ET Monday, December 6, 2004
Dear Friend of GATA and Gold:
GATA is not in the investment advice business
but we ARE in the business of keeping up the
morale of our side against the dirty blows of
the market riggers, and this IS the holiday
season, so feel free to treat yourself to Rick
Ackerman's commentary tonight, which quotes
at length his friend, analyst John Mackenzie,
about an imminent, "astonishing," and
Higher gold prices spur ''panic buying'' in India
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily DispatchesBy George Hsu
Bloomberg News Service
Sunday, December 5, 2004
http://www.bloomberg.com/apps/news?
pid=10000080&sid=apRMGkwuTgW8&refer=asia
TAIPEI, Taiwan -- Taiwan, which has the world's
third-largest foreign-exchange reserves, denied a
report that the island plans to reduce
dollar-denominated holdings because of the record
decline in the U.S. currency.
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