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Daily Dispatches

Geneva conference to examine central bank suppression of gold

Section: Daily Dispatches

By James Poole and Mike Firn
Bloomberg News Service
Tuesday, April 25, 2006

http://www.bloomberg.com/apps/news?pid=10000081&sid=aUeDGtHNebpI

Marc Faber, who told investors to bail out of U.S. stocks a week
before the 1987 Black Monday crash and began recommending
commodities at the end of 2001, said gold may rise 10-fold in the

Ted Butler: A long time coming

Section: Daily Dispatches

1:43a ET Tuesday, April 25, 2006

Dear Friend of GATA and Gold:

The suppression of the gold price by central banks
will be among the topics at the Academy & Finance
conference on gold investing at the Forum Geneva
in Geneva, Switzerland, on Thursday, May 18.

Speakers will include GATA consultant Frank Veneroso
of Veneroso Associates; financial commentators Doug
Casey and Paul van Eeden; Tocqueville gold fund

Silver ETF launch reported imminent but MorganChase is custodian

Section: Daily Dispatches

8:47p ET Tuesday, April 25, 2006

Dear Friend of GATA and Gold:

Silver market analyst Ted Butler takes a look at the
recent shakeout in silver and senses that it's
probably over and that the dealers will be reluctant
to short the next rally. His essay is titled "A Long
Time Coming" and you can find it at GoldSeek's
companion site, SilverSeek, here:

http://news.silverseek.com/TedButler/1145998584.php

If something is missing from your house, it may have been monetized

Section: Daily Dispatches

9:11p ET Tuesday, April 25, 2006

Dear Friend of GATA and Gold:

Resource Investor and Reuters are reporting tonight that
final approval and launch of the Barclays silver exchange-
traded fund are imminent. The Reuters story is appended.

Resource Investor says that to back the fund, Barclays
has deposited 1.5 million ounces of silver with none
other than J.P. MorganChase Bank in London -- which

Qatar''s central bank diversifying out of dollars and into euros

Section: Daily Dispatches

8:53a ET Sunday, April 23, 2006

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket
Gold & Money Report and consultant to GATA, advises
that gold has broken out to all-time highs against the
Australian dollar, South African rand, Indian rupee, and
Chinese yuan. Meanwhile, Turk writes, the U.S. dollar is
looking ready to head lower, which likely would provide

India''s gold exchange-traded funds may hold only futures contracts, not metal

Section: Daily Dispatches

From AMEInfo, Dubai
Monday, April 24, 2006

http://www.ameinfo.com/83944.html

The Qatar Central Bank is exchanging dollars for euros on global
capital markets and could raise the percentage of its foreign
exchange reserves held in euros to 40 percent, a Qatar Central Bank
official told Dow Jones Newswires.

The news comes as many Gulf Cooperation Council countries are

Penny''s melt value reaches 0.8 cents, production cost 1.4 cents

Section: Daily Dispatches

From The Telegraph, Calcutta
Sunday, April 23, 2006

http://www.telegraphindia.com/1060423/asp/business/story_6133967.asp

MUMBAI -- Investors can now lap up as much gold as they like, be in
the form of physical gold or units in a gold exchange-traded fund.

The Securities and Exchange Board of India (Sebi) had allowed mutual

More recognition of GATA supporter Frank Holmes of U.S. Global Investors

Section: Daily Dispatches

A Penny for Your Thoughts,
and 1.4 Cents for a Penny

By Floyd Norris
The New York Times
Sunday, April 23, 2006

http://www.nytimes.com/2006/04/22/business/22charts.html?
_r=1&oref=slogin

What happens if a penny is worth more than 1 cent?

That is an issue the United States Mint could soon face if the price
of metals keeps rising. Already it costs the mint well more than a

James Turk: More new highs for gold around the world

Section: Daily Dispatches

A Strategy to Win With Gold;
Metals Fund Has Focused on Canada, Risen 46.5% in 2006

By Sree Vidya Bhaktavatsalam
Bloomberg News Service
via The Washington Post
Sunday, April 23, 2006

http://www.washingtonpost.com/wp-
dyn/content/article/2006/04/22/AR2006042200135.html

Frank Holmes, manager of the best-performing U.S. metals mutual fund

Barclays pledges to continue silver fund despite price plunge

Section: Daily Dispatches

By Kevin Plumberg
Reuters
Friday, April 21, 2006

http://today.reuters.com/investing/financeArticle.aspx?
type=bondsNews&storyID=2006-04-
21T180323Z_01_N21256689_RTRIDST_0_ECONOMY-RUSSIA-DOLLAR-UPDATE-2.XML

WASHINGTON -- Russian Finance Minister Alexei Kudrin on Friday
questioned the dollar's pre-eminence as the world's "absolute"

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