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Daily Dispatches
Peter Brimelow: 2004 ends quietly, except for gold
Submitted by cpowell on Mon, 2005-01-03 03:00 Section: Daily DispatchesGold May Rise in First Week of 2005
on Dollar Weakness, Survey is Told
By Laura Humble
Bloomberg News Service
Monday, January 3, 2005
http://quote.bloomberg.com/apps/news?pid=nifea&&sid=aXcIL5gXYL6k
LONDON -- Gold prices may rise in the first week
of 2005 after the dollar's drop to a record against
The drubbing of the dollar: dangerous or therapeutic?
Submitted by cpowell on Mon, 2005-01-03 03:00 Section: Daily DispatchesBy Peter Brimelow
CBSMarketWatch.com
Monday, January 3, 2005
http://cbs.marketwatch.com/news/story.asp?guid=%7B60A812F7%2D6058%
2D4182%2D9F78%2D19B0745BFE73%7D&siteid=mktw&dist=
NEW YORK -- U.S. stock exchange operators might have
wondered why they were being dragged into work at all
last week.
As Profitable Investing's Richard Band noted Thursday in
Barry Downs and Bill Matlack on the foreign exchange market
Submitted by cpowell on Sun, 2005-01-02 03:00 Section: Daily DispatchesBy The Associated Press
Friday, December 31, 2004
http://biz.yahoo.com/ap/041231/newmont_indonesia_4.html
DENVER -- Newmont Mining Corp. wants to bar
shareholders from voting on a proposal that would
require a company review of waste disposal
programs in Indonesia, where it is accused of
poisoning villagers.
Attorneys for the Denver-based company, the
An interview with Hecla Mining CEO Phil Baker
Submitted by cpowell on Sun, 2005-01-02 03:00 Section: Daily Dispatches10:38a ET Sunday, January 2, 2005
Dear Friend of GATA and Gold:
Barry Downs and Bill Matlack, brokers with Aegis Capital
Corp. in New York, have some telling observations about
the foreign exchange market, the dollar, and competitive
devaluations in their essay "With Paper Money, Confidence
is 'Suspicion Asleep'" at Gold-Eagle here:
Traders in Bloomberg survey mull gold''s week ahead
Submitted by cpowell on Sun, 2005-01-02 03:00 Section: Daily Dispatches11a ET Sunday, January 2, 2005
Dear Friend of GATA and Gold:
MineWeb's Dorothy Kosich has an excellent interview
with Hecla Mining's president and CEO, Phil Baker,
about the future of that venerable company and of
silver itself. You can find it here:
http://www.mineweb.net/sections/whats_new/401133.htm
CHRIS POWELL, Secretary/Treasurer
Economists predict that ECB will be forced to devalue the euro
Submitted by cpowell on Sat, 2005-01-01 03:00 Section: Daily DispatchesStreetTracks Gold Draws $1.3 Billion,
Giving it the Best Start for an ETF
By Claudia Carpenter and Choy Leng Yeong
Bloomberg News Service
Friday, December 31, 2004
http://www.bloomberg.com/apps/news?
pid=10000103&sid=af8XJNpjoJ4Q&refer=us
A fund created last month to invest in gold bullion has
attracted $1.29 billion from investors, making it the
Deficit seen keeping dollar in downtrend during 2005
Submitted by cpowell on Sat, 2005-01-01 03:00 Section: Daily DispatchesEurope 'Will Have to Act on Dollar'
By Edmund Conway
The Telegraph, London
Saturday, January 1, 2005
http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2005/01/01/cnecb01.xml&menuId=242&sSheet=/money/2005/01/01/
ixcity.html
The European Central Bank will this year be forced
to intervene in the foreign exchange markets,
Vast reserves of a declining currency are dangerous for Asian central banks
Submitted by cpowell on Sat, 2005-01-01 03:00 Section: Daily DispatchesDollar depreciates for third year;
deficit seen keeping downtrend intact in 2005
By Rachel Koning
CBS.MarketWatch.com
Friday, December 31, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B90138A60%2DE45D%
2D41BC%2D8275%2D3992482B90EC%7D&siteid=mktw
CHICAGO -- The U.S. dollar suffered its third straight
Newmont seeks to prevent shareholder vote on environmental practices
Submitted by cpowell on Sat, 2005-01-01 03:00 Section: Daily DispatchesBy Harold James
The Australian, Sydney
Saturday, January 1, 2005
http://www.theaustralian.news.com.au/common/story_page/0,5744,11821419
%255E643,00.html
The People's Bank of China and the Bank of Japan,
as well as other central banks in Asia, are in trouble.
They have accumulated vast foreign exchange
reserves, estimated at more than $US2 trillion
Gold ETF has strongest start of any ETF but does it really have the gold?
Submitted by cpowell on Fri, 2004-12-31 03:00 Section: Daily DispatchesBy Kevin Plumberg
Reuters
Thursday, December 30, 2004
http://www.reuters.com/financeNewsArticle.jhtml?
type=businessNews&storyID=7209753
NEW YORK -- The dollar dipped to an all-time low against
the euro on Thursday for the sixth consecutive session, as
traders took aim at technical targets in a thin market.
Many foreign exchange desks had skeleton crews, but