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Daily Dispatches
U.S. leading indicators fall for fifth straight month
Submitted by cpowell on Thu, 2004-11-18 03:00 Section: Daily DispatchesBy Carlos Torres
Bloomberg News Service
Thursday, November 18, 2004
a href=http://quote.bloomberg.com/apps/news?http://quote.bloomberg.com/apps/new...
pid=10000006amp;sid=aMOpm65L4dCcamp;refer=home
WASHINGTON -- A barometer of future U.S. economic
activity fell for a fifth month in October, the longest
stretch of declines since 1995, signaling that the
world's largest economy isn't likely to accelerate in
Peter Brimelow and Ed Rubenstein: Gold is far from overvalued
Submitted by cpowell on Thu, 2004-11-18 03:00 Section: Daily DispatchesNote: Use the Internet link below to see the charts
that accompany this report.
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By Peter Brimelow and Ed Rubenstein
CBSMarketWatch.com
Thursday, November 18, 2004
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NEW YORK -- The Bush Bounce continues in the stock
Now that there''s profit in mining, what to do with the cash?
Submitted by cpowell on Thu, 2004-11-18 03:00 Section: Daily DispatchesBy Steve James
Reuters
Thursday, November 18, 2004
a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=6857584...
NEW YORK -- Now that they're raking in profits from
sky-high metals prices, mining companies face the
question of what to do with all that newfound cash.
Some are looking to the future by plowing money back
More comment on the debut of the World Gold Council''s bullion fund
Submitted by cpowell on Thu, 2004-11-18 03:00 Section: Daily DispatchesGold Futures Fall But Hold Above $440;
New Exchange-Traded Fund Opens on NYSE
By Myra P. Saefong
CBSMarketWatch.com
Thursday, November 18, 2004
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SAN FRANCISCO -- Gold futures closed lower Thursday
Everybody seems to be hoping for a drop in gold for a better buy point
Submitted by cpowell on Thu, 2004-11-18 03:00 Section: Daily DispatchesTrade Confident Of Gold Hitting $450 Soon
By Nicholas Sinclair
Dow Jones Newswires
Thursday, November 18, 2004
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SYDNEY -- After breaking above US$445 a troy
ounce Wednesday for the first time since July 1988,
gold is poised for further gains in the near- to medium-
CBSMarketWatch says gold ETF is expected to launch Thursday
Submitted by cpowell on Wed, 2004-11-17 03:00 Section: Daily DispatchesBy John Spence
CBSMarketWatch.com
Wednesday, November 17, 2004
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BOSTON -- The first exchange-traded fund investing
in gold bullion will begin trading on the New York
Mark Gilbert: U.S. is happily devaluing its way out of its trade deficit
Submitted by cpowell on Wed, 2004-11-17 03:00 Section: Daily DispatchesTreasury Secretary Snow Laughs Off Dollar's Drop
By Mark Gilbert
Bloomberg News Service
Wednesday, November 17, 2004
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pid=10000039amp;refer=columnist_gilbertamp;sid=abKpiT.R8.6k
quot;The history of efforts to impose non-market valuations
on currencies is at best unrewarding and checkeredquot;
Are you paying storage fees on silver that doesn''t exist?
Submitted by cpowell on Wed, 2004-11-17 03:00 Section: Daily DispatchesBy James R. Cook and Ted Butler
Investment Rarities
Wednesday, November 17, 2004
Last week we had two prospects tell us that they had
silver stored with major New York brokerage firms.
One man had 50,000 ounces he'd bought from them
years ago. The other had 20,000 ounces with another
well-known firm. They have both been paying storage
fees. But neither had any kind of proof that they owned
Debt doubles at agency that insures U.S. pension plans
Submitted by cpowell on Wed, 2004-11-17 03:00 Section: Daily DispatchesBy Nicole Mordant
Reuters
Tuesday, November 16, 2004
http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh20062_2004-11-16_20-37-38_n16318293_newsml
VANCOUVER, British Columbia -- Noranda Inc. said
on Tuesday it is reopening the field to other bidders
or may go it alone after failing to seal a
multibillion-dollar takeover by China Minmetals during
Fannie Mae admits possible $9 billion loss from derivatives as auditor balks
Submitted by cpowell on Tue, 2004-11-16 03:00 Section: Daily DispatchesU.S. Dollar Crisis Could Catapult
Gold Over $600, Dealer Says
By Jim Hawe
Dow Jones Newswires
Monday, November 15, 2004
TOKYO -- The price of gold could surge to levels not
seen since the early 1980s if a big chunk is taken
out of the value of the U.S. dollar in coming years,
one market insider says.
A further devaluation of the greenback by 20-30 percent
would make bullion more attractive as an alternative