Daily Dispatches

4p ET Sunday, November 28, 2004

Dear Friend of GATA and Gold:

This essay by Dan Denning of DailyReckoning.com is
a few days old but still notable for adding to the
puzzlement of contrarians about the prevailing
opinion about gold. Is it that gold is explosive,
or that it is due for a sharp and relatively brief
decline before resuming a powerful rise?

Denning does seem to represent the prevailing

2:25p ET Saturday, November 27, 2004

Dear Friend of GATA and Gold:

Today's New York Times story about the turmoil
in the currency markets, appended here, may be
most interesting for its last paragraph, which
asserts that the biggest growth in purchases of
U.S. Treasury securities is coming from
"Carribean banking centers." These Carribean
banks long have been suspected to be fronts

Brown's Gold Sale Cost the UK 1.5 billion

By Tony Freinberg
The Telegraph, London
Sunday, November 28, 2004

http://news.telegraph.co.uk/news/main.jhtml?
xml=/news/2004/11/28/ngold28.xml

Gordon Brown has cost the British taxpayer almost
1.5 billion by selling off half of Britain's bullion
reserves just before the gold price soared.

By Mure Dickie
Financial Times, London
Friday, November 26, 2004

http://news.ft.com/cms/s/ee5882b2-3f82-11d9-bd0e-00000e2511c8.html

BEIJING -- The dollar recovered from a record low against
the euro and a five-year nadir to the yen after a Chinese
official denied a report that China had trimmed the amount
of US treasury bonds in its portfolio.