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Daily Dispatches

Fed official hints at weaker dollar as Treasury secretary talks up strong dollar

Section: Daily Dispatches

Treasuries Lower Following 'Ugly' Auction

By Wayne Cole
Reuters
Thursday, September 9, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6195998

NEW YORK -- Treasuries prices turned lower
in choppy trade on Thursday as an auction of
U.S. government debt drew almost no private
demand, leaving the dealer community holding

Even UBS gold analyst John Reade is starting to sound like GATA

Section: Daily Dispatches

10:21p ET Tuesday, September 7, 2004

Dear Friend of GATA and Gold:

Sprott Asset Management President John Embry,
co-author of his firm's report confirming the
manipulation of the gold price, appeared tonight
for an hour on the "Market Call" program of
ROB-TV in Canada, and the program has just been
posted at ROB-TV's archive on the Internet. You
can find it here:

http://www.robtv.com/shows/past_archive.tv

FreeMarketNews.com interviews GATA''s Murphy and Silver-Investor''s Morgan

Section: Daily Dispatches

9:11p ET Monday, September 6, 2004

Dear Friend of GATA and Gold

David N. Vaughn, editor of the new Gold Letter,
has written commentary defending GATA
Chairman Bill Murphy against more sniping
by MineWeb's Tim Wood. Vaughn's essay,
"The Gold Price: Management or Manipulation,"
can be found at GoldSeek.com and
FinancialSense.com here:

http://news.goldseek.com/GoldLetter/1094221403.php

Ted Butler: Like hurricanes, silver is a matter of when, not if

Section: Daily Dispatches

7:52p ET Tuesday, September 7, 2004

Dear Friend of GATA and Gold:

FreeMarketNews.com has posted two audio interviews
of special note -- one with GATA Chairman Bill Murphy,
the other with Silver-Investor.com editor David Morgan.

Murphy's interview is headlined "Wall Street Hates
Gold," Morgan's "The Chinese Silver Bullet."

You can find them in the right column of the

ROB-TV interviews Sprott Asset Management President John Embry

Section: Daily Dispatches

By Theodore Butler
Tuesday, September 7, 2004
www.InvestmentRarities.com

As foretold by the COTs and the market structure,
the buying orgy by the technical hedge funds
appears to be leading to indiscriminate tech fund
selling. The dealers appear to be harvesting the
tech funds once again. While it is difficult to
fathom the self-inflicted beating the tech funds
bring on themselves, it does create opportunity

Barrick brings GATA''s message to China

Section: Daily Dispatches

Newmont Sees Gold Range
of $380-$450 in Year Ahead

By Lewa Pardomuan
Reuters
Monday, September 6, 2004

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6152399

SHANGHAI -- Newmont Mining Corp., the world's
largest gold miner, expects gold to trade in a range
of $380 to $450 an ounce for the next 12 months

Gwalia''s lenders and hedging banks had early knowledge of company''s collapse

Section: Daily Dispatches

10:57a ET Monday, September 1, 2004

Dear Friend of GATA and Gold:

There's a big gold industry conference in
Shanghai, and Barrick Gold's chief financial
officer, Jamie Sokalsky, is spreading GATA's
message there.

At least it seems so from the Reuters dispatch
from the conference, which has an interview
with Sokalsky that is appended.

Sokalsky says:

* Barrick's gold price forecast is higher even

GATA''s enemies can snipe but they''ll never, ever argue the EVIDENCE

Section: Daily Dispatches

Gwalia 'knew' of gold woes

By John Paceas
The West Australian, Perth
Tuesday, September 7, 2004

http://www.thewest.com.au/20040907/business/tw-business-home-
sto129269.html

Failed miner Sons of Gwalia last night said it had
received a preliminary report on its gold resources
more than a month before it was forced into

More hedge book-induced mining bankruptcies predicted by Newmont''s Lassonde

Section: Daily Dispatches

'Less Gold to be Sold Than Planned'

IAfrica.com
Saturday, September 4, 2004

http://business.iafrica.com/news/345466.htm

European central banks may sell as little as 250
tons of gold per annum, instead of the maximum
of 500 tons per annum, as per the second
European Central Bank agreement, from 2004
through to 2009, London-based UBS analyst

Central banks may scale back plans for gold sales, analyst writes

Section: Daily Dispatches

Hedging strategy ambushes canny investors

By Stephen Bartholomeusz
The Age, Melbourne, Australia
September 4, 2004

http://www.theage.com.au/articles/2004/09/03/1093939146279.html?
oneclick=true

One of the perplexing questions generated by this
week's collapse of Sons of Gwalia is how so many
very smart investors could have got it so wrong.

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