Daily Dispatches

3:38p ET Monday, August 30, 2004

Dear Friend of GATA and Gold:

Dow Jones Newswires reports today in the story
appended here that J.P. Morgan, Goldman Sachs,
and Citigroup are among the big creditors in
the collapse of Australia's second-largest gold
mining company, Sons of Gwalia, a leader in
the practice of hedging gold mine production.

That's what hedging gets you in the future
of gold.

2:07a ET Sunday, August 29, 2004

Dear Friend of GATA and Gold:

The latest commentary of Ed Bugos, editor of The
GoldenBar Report, "Which Way the Volumes?,"
posted at Gold-Eagle, has a few observations on
Sprott Asset Management's report on the
suppression of the gold price. Among them:

"Even more outstanding is that the press regularly
talks about how the central bank manages interest

12:26a ET Friday, August 27, 2004

Dear Friend of GATA and Gold:

As you'll see by the Reuters dispatch appended here,
not only has the chief of staff for the U.S. Commodity
Futures Trading Commission just departed for a job
with the industry his commission is supposed to
regulate, but most of the commissionerships themselves
are vacant.

That is, in commodities trading regulation in the

By Theodore Butler
Wednesday, August 25, 2004

http://www.InvestmentRarities.com

Like a fast-moving hurricane, the market
structure landscape appears to have been
altered by the dealers and funds over the
past few days. In fact, I'm writing this
article a bit early in consideration of
that altered landscape.

While there was nothing extraordinarily