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Daily Dispatches
Newmont president sees gold at $525 early next year, $1,000 in 5 to 7 years
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily Dispatches1:05p ET Saturday, November 26, 2005
Dear Friend of GATA and Gold:
GATA will have a part in the 2006 Vancouver Resource
Investment Conference, sponsored by Cambridge House
International and held Sunday and Monday, January 22
and 23, 2006, at the Vancouver Convention and
Exhibition Centre.
More than 230 mining and resource exploration
companies will be exhibiting, and among the speakers
Newmont acknowledges considering counterbid for Placer Dome
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily DispatchesNewmont Forecasts Gold to Rise
Above $1,000 on Asian Demand
By Miriam Steffens
Bloomberg News Service
Sunday, November 27, 2005
http://www.bloomberg.com/apps/news?
pid=10000080&sid=aotpaNV5Qtpw&refer=asia
SYDNEY -- Newmont Mining Corp., the world's largest producer of
gold, says the price of the precious metal may rise to more than
Australia is cleaning out the gold vault; do you want a piece?
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily DispatchesNewmont Mining May Make Bid for Placer
By The Associated Press
Sunday, November 27, 2005
http://biz.yahoo.com/ap/051127/australia_canada_placer_dome.html?.v=5
MELBOURNE, Australia -- Newmont Mining Corp. President Pierre
Lassonde confirmed Sunday that the world's largest gold producer is
considering making a rival bid for Canadian takeover target Placer
New York Post''s John Crudele is looking for your questions
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily Dispatches11:55a ET Sunday, November 27, 2005
Dear Friend of GATA and Gold:
Having gotten rid of Australia's national gold
reserves at historic low prices just before the
gold price turned up, the Reserve Bank of
Australia discovered this year that it still
had about A$19 million worth of the awful
stuff: 5,850 gold coins now believed to have
significant numismatic value, acquired prior to
1976, when Australian law, as the bank's
Gold may rise for fourth straight week and reach $500, Bloomberg survey says
Submitted by cpowell on Sun, 2005-11-27 03:00 Section: Daily Dispatches3:57p ET Sunday, November 27, 2005
Dear Friend of GATA and Gold:
John Crudele, the New York Post's financial writer,
may be the only major newspaper financial writer in
the United States to express skepticism of the
authorities and to report evidence of impropriety
in the markets. That's why his column is often
cited in GATA dispatches.
Now Crudele plans to start writing a question-
Gold price hike freezes Vietnamese real estate market
Submitted by cpowell on Sat, 2005-11-26 03:00 Section: Daily DispatchesBy Rachelle Younglai
Reuters
Friday, November 25, 2005
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh05532_2005-11-25_23-42-54_n25615088_newsml
TORONTO -- Placer Dome Inc.'s chief executive has gone on the
offensive, hitting the road for face-to-face meetings with
shareholders and urging them to reject a hostile $9.2 billion bid
Join GATA at the Vancouver Resource Investment Conference in January
Submitted by cpowell on Sat, 2005-11-26 03:00 Section: Daily DispatchesFrom Tuoi Tre, Ho Chi Minh City, Vietnam
via VietNamBridge.net
Saturday, November 26, 2005
http://english.vietnamnet.vn/biz/2005/11/515948/
Over the last two weeks real estate agents have had few customers.
Doan Khac Thuat, director of Saigon real estate trading, explained
that the dramatic gold price increase has caused trading activities
Peter Brimelow: M3 mutterers refuse to give thanks
Submitted by cpowell on Fri, 2005-11-25 03:00 Section: Daily Dispatches4:53p ET Thursday, November 24, 2005
Dear Friend of GATA and Gold:
When Russian President Vladimir Putin this week attended a mineral
resources exhibition in the Russian Far East, endorsed the plan of
the Bank of Russia to double its gold reserves, and expressed
support for increasing his country's gold production, many assumed
that Russian gold purchases would come from domestic production and
Investor quandary: Buy gold or gold mining stocks?
Submitted by cpowell on Fri, 2005-11-25 03:00 Section: Daily DispatchesM3 Mutterers Refuse to Give Thanks
By Peter Brimelow
CBSMarketWatch.com
Friday, November 25, 2005
http://www.marketwatch.com/news/story.asp?guid=%7B45AB8ED5%2DDF4E%
2D4B92%2D8CCA%2DC34D1EEDBC67%7D&siteid=mktw&dist=
NEW YORK -- The stock market reaches for multi-year highs -- but so
does gold. Is that a warning sign?
Placer Dome CEO expects higher bid from Barrick
Submitted by cpowell on Fri, 2005-11-25 03:00 Section: Daily DispatchesBy Steve James
Reuters
Friday, November 25, 2005
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh99624_2005-11-25_16-47-20_n25496006_newsml
NEW YORK -- With the price of gold inching toward $500 an ounce for
the first time in 18 years, investors might be in a quandary: whether
to buy gold bullion or shares in gold mining companies.