Daily Dispatches

Could a Few Hedge Funds Spoil the Party?

By Anna Bernasek
The New York Times
Sunday, July 3, 2005

http://www.NYTimes.com/2005/07/03/business/yourmoney/03view.html?

When the Long Term Capital Management hedge fund was sinking in
1998, leaders of the Federal Reserve were worried. They feared that
if the fund failed, a major disruption could be set off in financial

11:10a ET Friday, July 1, 2005

Dear Friend of GATA and Gold:

John Hathaway, manager of the Tocqueville Gold
Fund, writes in a new study, "A Process of
Elimination: A Speculation on Gold and the
Credit Cycle," that circumstances are coming
together in gold's favor and that the
environment for gold will be best of all when
central banks have completely dishoarded their
price-manipulating stocks. You can find

10:56p ET Monday, June 27, 2005

Dear Friend of GATA and Gold:

Peter Schiff, CEO and chief global strategist of Euro
Pacific Capital in Darien, Connecticut, has written a
great little essay about America's relationship with
China, "Theater of the Absurd," noting, in part:

"Short of a formal declaration of war, the single most
damaging thing that China could do to America is

Investors Hope the Fed
Will Come to the Rescue

By E.S. Browning
The Wall Street Journal
Monday, June27,2005

As this week moves ahead, Wall Street could begin to resemble one of
those old E.F. Hutton brokerage-firm commercials: when the Fed
talks, people will listen.

By Thursday, when the Federal Reserve finishes its two-day meeting
on interest rates, traders and money managers could pause in their