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Daily Dispatches
GATA Chairman Murphy''s ''Midas'' commentary for Dec. 8 posted at GoldSeek.com
Submitted by cpowell on Wed, 2004-12-08 03:00 Section: Daily Dispatches10:49a ET Wednesday, December 8, 2004
Dear Friend of GATA and Gold:
Reginald H. Howe, proprietor of the Golden Sextant
Internet site and consultant to GATA, has just
completed a new analysis of the monetary situation,
"Deja Vu: Central Banks at the Abyss." It examines
the prospects for what Howe calls MAD money -- as
in "mutual assured destruction." You can find it
at the Golden Sextant home page here:
OPEC sharply reduces dollar exposure
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily Dispatches11:33p ET Monday, December 6, 2004
Dear Friend of GATA and Gold:
If you've already helped GATA, please discard this
dispatch. (You know who you are, R.McD., J.G., D.S.,
J-P.S., H.B., M.K., M.R., J.P., H.S.P., and the
rest. ...)
If you have NOT helped GATA yet, please read on and
consider helping us now.
We're not very attentive to fund-raising and thus too
often have relied again and again on the same people.
Bullion Desk sneers at questions it dares not report
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily DispatchesBy Steve Johnson and Javier Blas
Financial Times, London
Monday, December 6, 2004
http://news.ft.com/cms/s/67f88f7c-47cb-11d9-a0fd-00000e2511c8.html
LONDON -- Oil exporters have sharply reduced
their exposure to the US dollar over the past three
years, according to data from the Bank for
International Settlements.
Ted Butler: China trades oil (badly)
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily Dispatches4:15p ET Tuesday, December 7, 2004
Dear Friend of GATA and Gold:
TheBullionDesk.com today posted an unsigned
editorial defending the World Gold Council's
exchange-traded bullion fund against criticism
and questions from GATA and its consultant,
James Turk, editor of the Freemarket Gold &
Money Report and founder of GoldMoney.
The Bullion Desk's commentary, headlined
"Allegations About Gold ETF by James Turk
Canadian dollar falls as bank drops pledge to lift target rate
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily DispatchesBy Ted Butler
Tuesday, December 7, 2004
http://www.investmentrarities.com
The current COTs indicate no basic change in the extreme readings in
gold and silver. The tech funds are very long and the dealers are
very short. The outcome is still very much unresolved. It is true
that the dealers are sitting on significant losses and the tech
funds have very large open profits in gold and silver, but it is
Resource Investor finds something to question about WGC''s bullion fund
Submitted by cpowell on Tue, 2004-12-07 03:00 Section: Daily DispatchesBy Joshua Krongold
Bloomberg News Service
Tuesday, December 7, 2004
http://www.bloomberg.com/apps/news?
pid=10000082&sid=aqPFgZJidwjE&refer=canada
NEW YORK -- Canada's dollar fell to a two-week low
and bonds rose after the Bank of Canada refrained
from increasing its 2.5 percent target interest rate
and dropped its pledge to lift the rate "over time."
Murphy''s ''Midas'' commentary for December 5 posted in the clear at GoldSeek.com
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesGoldcorp Agrees to Buy Wheaton River
From Reuters
Sunday, December 5, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh22368_2004-12-05_23-24-31_wen0725_newsml
NEW YORK -- Canadian mining company Goldcorp Inc.
plans to buy Wheaton River Minerals Ltd in an
all-share offer in which Goldcorp will offer one
Peter Brimelow: Gold bullion bulls vs. gold share bears
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily Dispatches12:08a ET Monday, December 6, 2004
Dear Friend of GATA and Gold:
GATA Chairman Bill Murphy's special "Midas"
commentary for Sunday, December 5, at
LeMetropoleCafe.com has been posted in the
clear at GoldSeek.com here:
http://news.goldseek.com/LemetropoleCafe/1102348862.php
CHRIS POWELL, Secretary/Treasurer
Treasury secretary likely to leave soon, Republicans tell NYTimes
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesBy Peter Brimelow
CBS.MarketWatch.com
Monday, December 6, 2004
http://cbs.marketwatch.com/news/story.asp?guid=%7B8BA6CCFB%2DCAFA%
2D4AA7%2DA52F%2D7033A9596E1A%7D&;siteid=mktw
NEW YORK -- Gold has followed up its Thanksgiving
celebration: Friday's New York close, just over $455,
attained a level not seen since early 1988.
GATA press release questions World Gold Council''s bullion fund
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily DispatchesBy Richard W. Stevenson
The New York Times
Monday, December 6, 2004
http://www.nytimes.com/2004/12/06/politics/06cabinet.html
WASHINGTON -- President Bush has decided to
replace John W. Snow as treasury secretary and
has been looking closely at a number of possible
replacements, including the White House chief of
staff, Andrew H. Card Jr., Republicans with ties