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Daily Dispatches

James Turk: Gold bounces off support

Section: Daily Dispatches

12:41a ET Tuesday, June 7, 2005

Dear Friend of GATA and Gold:

The Washington Post story appended here, noted by Bill
King in today's edition of The King Report
(BillKing@thekingreport.com), seems to offer two big
lessons:

First, China's banking system shares all the corrupt
devices of the banking system of the United States
and may be even more corrupt.

And second, while gold and silver are hardly the only

Ted Butler: Are the silver shorts off the hook for the moment?

Section: Daily Dispatches

8:50a ET Tuesday, June 7, 2005

Dear Friend of GATA and Gold:

James Turk, founder of GoldMoney, editor of the
Freemarket Gold & Money Report, and consultant
to GATA, has gotten out his charts for a new
analysis of the gold price. It's called "Gold
Bounces Off Support" and you can find it in the
"Founder's Commentary" box at the top left of
the GoldMoney home page here:

Wall Street Journal: Selling IMF gold for debt relief is just a scam

Section: Daily Dispatches

By Ted Butler
InvestmentRarities.com
Tuesday, June 7, 2005

As foretold by the structure of the market, as defined by the
Commitment of Traders Report (COT), we have now witnessed meaningful
rallies in several markets, including silver, gold, and copper. Once
again, the tech funds tripped over their own feet in selling down to
the lows and then reversed to the buy side, causing prices to rise.

How a Wall Street financial house can get bigger than the market

Section: Daily Dispatches

By Flotsam
China Daily, Beijing
Wednesday, May 25, 2005

http://www.chinadaily.com.cn/english/doc/2005-
05/25/content_445646.htm

The world's worst debtor has the best credit rating possible. How IS
this possible?

When Nixon defaulted on gold payment in 1971, the world was faced
with a dollar standard with absolutely no specie currency backing

Only central bank dishoarding is keeping the gold price down

Section: Daily Dispatches

12:30a ET Monday, June 6, 2005

Dear Friend of GATA and Gold:

Here's a wonderful story from The Wall Street Journal
that, ever so tentatively and politely, illustrates the
vast potential of the big Wall Street financial houses
-- in this case, Goldman Sachs -- for rigging markets
and bestowing the most lucrative favors on certain
clients while ripping off less favored clients. It's a
reminder that financial houses can get bigger than the

Dow Jones Forex View: Dollar rise should continue but risks grow at week''s end

Section: Daily Dispatches

8:50a ET Monday, June 6, 2005

Dear Friend of GATA and Gold:

MineWeb has today a story about soaring demand
for gold, written off the recent World Gold Council
press release, that is interesting for acknowledging
a similar increase in gold dishoarded by central
banks but never quite putting the two things
together.

That is, the big news here is that only central bank
dishoarding is keeping the gold price down. Is this

Financial Sense Newshour interviews Mike Bolser of Interventional Analysis

Section: Daily Dispatches

10:24p ET Saturday, June 4, 2005

Dear Friend of GATA and Gold:

Sunday's New York Times Magazine has a long article
on gold, for which GATA was asked to and did provide
information. Unfortunately the article is mainly a lot
of attitudinizing with predictable emphasis on the
eccentricities of certain gold advocates. It's as if
the Times had set out to analyze the economic policy
of the Clinton administration and concentrated on

Another drink? Sure. China is paying

Section: Daily Dispatches

12:12p ET Sunday, June 5, 2005

Dear Friend of GATA and Gold:

Jim Puplava's Internet radio program for Saturday,
the "Financial Sense Newshour," interviewed
Michael Bolser, editor of the Interventional
Analysis newsletter and a member of GATA's
Board of Directors, about surreptitious
intervention by government against the price of
gold and other strategic commodities.

You can listen to the interview here:

Will America lose its AAA credit rating?

Section: Daily Dispatches

By Eduardo Porter
The New York Times
Sunday, June 5, 2005

http://www.nytimes.com/2005/06/05/business/yourmoney/05view.html?
th&emc=th

Guess who's paying for America's spending binge -- for the
ballooning credit card bills, the scramble for homes, the country's
gaping budgetary hole.

Poor countries have become the financiers of the United States,

N.Y. Times Magazine notes gold but pointedly avoids manipulation issue

Section: Daily Dispatches

By Alan Murray
The Wall Street Journal
Wednesday, June1,2005

Economists are reading the wrong fairy tale. This isn't
a "Goldilocks" economy -- not too hot, not too cold -- as many have
called it. Instead it's more like "The Emperor's New Clothes."

The emperor, in this case, is Federal Reserve Board Chairman Alan
Greenspan. For the past year he has been telling us he is tightening

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