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Daily Dispatches

Dodging debt limit, Treasury borrows $15 billion from currency-rigging fund

Section: Daily Dispatches

Treasury Department Moves to Avoid Debt Limit

By Martin Crutsinger
The Associated Press
via The Washington Post
Monday, March 6, 2006

a href=http://www.washingtonpost.com/wp-http://www.washingtonpost.com/wp-/a
dyn/content/article/2006/03/06/AR2006030600635_pf.html

WASHINGTON -- Treasury Secretary John Snow notified Congress on
Monday that the administration has now taken quot;all prudent and legal

Mexican Congress'' book on remonetizing silver cites GATA''s endorsement

Section: Daily Dispatches

8:08p ET Monday, March 6, 2006

Dear Friend of GATA and Gold:

GATA has received an encouraging dispatch
from our dear and heroic friend Hugo Salinas
Price, president of the Mexican Civic
Association for Silver and leader of the
silver cause in Mexico. Or maybe it would be
better to describe him as leader of the
Mexican independence movement. His dispatch
is appended.

CHRIS POWELL, Secretary/Treasurer

London silver-tracking fund will be just paper with no metal behind it

Section: Daily Dispatches

From Beijing Time
via China View and Xinhuanet
Wednesday, March 1, 2006

http://news.xinhuanet.com/english/2006-03/01/content_4241902.htm

BEIJING -- TheBank of China, the country's biggest foreign currency
lender, plans to allow investors to buy and sell gold using their US
dollar accounts in a move to boost sales of the precious metal.

Gold may reach $2,000 by 2010, U.S. Gold''s McEwen says

Section: Daily Dispatches

LSE to Launch Silver Tracker Fund

By Kevin Morrison
Financial Times, London
Monday, March 6, 2006

http://news.yahoo.com/s/ft/20060306/bs_ft/fto030620061303469696;_ylt=
AjchAMtksnDWwIxs_z_IjySs0NUE;_ylu=X3oDMTA3bGI2aDNqBHNlYwM3NDk

A silver price tracker fund, also known as an exchange-traded fund,
is expected to be launched on the London Stock Exchange within the

Tom Szabo: Silver ETF ironies

Section: Daily Dispatches

1:58a ET Sunday, March 5, 3006

Dear Friend of GATA and Gold:

Resource Investor has posted a long analysis of the
prospects for and likely impact of an exchange-traded
fund in silver, written by Tom Szabo of an Internet
site GATA has not yet followed, SilverAxis.com. It's
titled quot;Silver ETF Ironiesquot; and predicts that the U.S.
Securities and Exchange Commission will decide that

China says it won''t cut dollar holdings -- but will it stop adding to them?

Section: Daily Dispatches

From Reuters
Saturday, March 4, 2006

a href=http://today.reuters.com/news/articlenews.aspx?http://today.reuters.com/...
type=businessNewsamp;storyid=2006-03-
05T022821Z_01_PEK272629_RTRUKOC_0_US-FINANCIAL-CHINA-RESERVES.xml

BEIJING -- China will not reduce its holdings of dollar-denominated
assets in its foreign exchange reserves, central bank chief Zhou
Xiaochuan said on Sunday.

Bloomberg''s weekly gold market survey quotes GATA consultant Turk

Section: Daily Dispatches

Gold May Rise on China Purchases,
Investor Demand, Survey Shows

By Claudia Carpenter
Bloomberg News Service
Monday, March 6, 2006

a href=http://www.bloomberg.com/apps/news?http://www.bloomberg.com/apps/news?/a
pid=10001013amp;sid=adq_36emEHcQamp;refer=commodity_futures

Gold may rise for a third straight week and approach a 25-year high
on speculation investors in China will increase purchases, a

Happy birthday, John Embry, and thanks for everything

Section: Daily Dispatches

1:10a ET Saturday, March 4, 2006

Dear Friend of GATA and Gold:

Friday night's party in Toronto for Sprott Asset Management's
chief investment strategist, John Embry, was supposed to
honor him upon his 65th birthday for his long career in the
investment business. But he used it to salute the Gold
Anti-Trust Action Committee and those of its principals who
were on hand and to remark that his work with GATA has

Market is prospecting for more gold mergers

Section: Daily Dispatches

By Rachelle Younglai
Reuters
Saturday, March 4, 2006

a href=http://ca.today.reuters.com/news/newsArticle.aspx?http://ca.today.reuter...
type=businessNewsamp;storyID=2006-03-
04T133808Z_01_N03540782_RTRIDST_0_BUSINESS-COLUMN-CANADA-MARKETS-
COL.XML

TORONTO -- Glamis Gold Ltd.'s recent bid for Western Silver is just
one more sign that the Canadian gold industry is consolidating and

Resource Investor quotes Hommel and Morgan on spike in silver price

Section: Daily Dispatches

12:35a ET Friday, March 3, 2006

Dear Friend of GATA and Gold:

Resource Investor has some quick analysis of Thursday's
spike upward in the price of silver. It quotes two of GATA's
good friends, silver market analysts Jason Hommel and
David Morgan. You can find it here:

a href=http://www.resourceinvestor.com/pebble.asp?relid=17566http://www.resourc...

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