Daily Dispatches

Fed Eyes Risk in Backed-up Derivatives Back Offices

By Dan Wilchins
Reuters
Tuesday, September 6, 2005

NEW YORK -- The Federal Reserve Bank of New York is looking into the
credit derivatives market, but traders and regulators disagree about
whether the market is a risk to the broader financial system or just
encountering normal growing pains.

At issue is the processing of trades, an unglamorous area that is

Government Intervention in Stock Market
is Detailed by New Report, GATA Says

GATA Press Release via Business Wire
Tuesday, September 6, 2005

http://biz.yahoo.com/bw/050906/65371.html?.v=1

A major Canadian financial management firm that a year ago published
a compilation of evidence of central bank manipulation of the gold
price has just done the same in regard to the U.S. stock market and

Saudi Arabia Riyal Looks to Re-align

MiddleEastForex.com
Sunday, September 4, 2005

http://www.middleeastforex.com/index.php?section=24

RIYADH, Saudi Arabia -- China's revaluation of the yuan increases
the possibilityof the re-alignment of the Saudi Riyalto a
weak U.S. dollar, especiallywhile trading links with Asia and
Europe continue to grow.

10:55p ET Thursday, September 1, 2005

Dear Friend of GATA and Gold:

Market analyst Alf Field, who spoke at GATA's
Gold Rush 21 conference in Dawson City,
Yukon, last month, is predicting the demise of
the U.S. dollar. His new essay, "The Bell Tolls
for the Dollar," has been posted at three
Internet sites.

GoldSeek:

http://news.goldseek.com/AlfField/1125669602.php