Daily Dispatches

If a currency can feel, the dollar feels vulnerable

Submitted by cpowell on Thu, 2005-02-24 03:00 Section: Daily Dispatches

By Veronica Brown
Reuters
Thursday, February 24, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp;:421d7dca:c3b11d36
3271e2f?type=businessNews&localeKey=en_ZA&storyID=7722316

LONDON --- Consumer demand for gold jumped 7 percent in 2004 -- the
first rise in four years -- with sharp price rises failing to deter

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Newmont sees dollar slipping more and gold at $425-$475

Submitted by cpowell on Thu, 2005-02-24 03:00 Section: Daily Dispatches

By Jonathan Fuerbringer
The New York Times
Thursday, February 24, 2005

http://www.nytimes.com/2005/02/24/business/24dollar.html

The dollar's plunge Tuesday and its small rebound yesterday
underscored how vulnerable it is right now to a further decline.

The vulnerability can be traced to a fear that the United States

Read more about Newmont sees dollar slipping more and gold at $425-$475

David Morgan: Historic silver is headed for higher ground

Submitted by cpowell on Thu, 2005-02-24 03:00 Section: Daily Dispatches

From Reuters
Thursday, February 24, 2005

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh88137_2005-02-24_23-13-50_n244274_newsml

NEW YORK -- The dollar will continue to slide this year, pushing up
the price of gold, a senior executive of Newmont Mining Corp., the
world's largest gold producer, forecast on Thursday.

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Newmont expects weakening of ''dollar support syndicate''

Submitted by cpowell on Thu, 2005-02-24 03:00 Section: Daily Dispatches

8:03p ET Thursday, February 24, 2005

Dear Friend of GATA and Gold:

David Morgan, proprietor of Silver-Investor.com, has
written an encouraging essay about silver's prospects
-- "Historic Silver: Headed for Higher Ground" -- and
you can find it at SilverSeek.com here:

http://news.silverseek.com/SilverInvestor/1109183581.php

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IMF head urges policies that will minimize disruption caused by falling dollar

Submitted by cpowell on Thu, 2005-02-24 03:00 Section: Daily Dispatches

8:27p ET Thursday, February 24, 2005

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood has a good elaboration
on today's remarks by the executives of Newmont
Mining, which include observations that the "dollar
support syndicate" is weakening. You can find it
here:

http://www.resourceinvestor.com/pebble.asp?relid=8407

Read more about IMF head urges policies that will minimize disruption caused by falling dollar

Goldcorp acts on its principles: Gold is money

Submitted by cpowell on Wed, 2005-02-23 03:00 Section: Daily Dispatches

South Korea Says It Will Diversify
Reserves Without Dumping Dollars

From Reuters
Tuesday, February 23, 2005

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7706714

TOKYO -- The dollar rebounded against the euro and the yen on
Wednesday after South Korea signaled that plans to diversify its

Read more about Goldcorp acts on its principles: Gold is money

Dubai conference resolves never to hint that gold is money and investment

Submitted by cpowell on Wed, 2005-02-23 03:00 Section: Daily Dispatches

7:41p ET Wednesday, February 23, 2005

Dear Friend of GATA and Gold:

Resource Investor has picked up a Canadian Press
story about Goldcorp President Rob McEwen's
conference call with market analysts this week.
It's notable for reiterating the company's belief
in gold as money and for emphasizing the company's
withholding a third of its production in
anticipation of higher gold prices. Sure beats

Read more about Dubai conference resolves never to hint that gold is money and investment

Placer Dome cuts hedges by 1.5 million ounces, 9 million ounces to go

Submitted by cpowell on Wed, 2005-02-23 03:00 Section: Daily Dispatches

By Agence France-Press
The China Post, Taipei
Thursday, February 24, 2005

http://www.chinapost.com.tw/business/detail.asp?GRP=E&id=58798

DUBAI -- Gold and jewelry industry experts decided in Dubai on
Tuesday to work toward forming an umbrella group to better market
jewelry as a single category and make it more appealing to