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Daily Dispatches

Japan defends currency intervention, spurns gold; Iraq violence pressures dollar

Section: Daily Dispatches

9:14a Thursday, April 8, 2004

Dear Friend of GATA and Gold:

Writing at GoldMoney.com, GATA consultant Frank
Veneroso warns against speculation in commodities.
His essay, "Commodity Investments Are Dangerous,"
can be found in the Founder's Commentary box at
the top left of the GoldMoney home page here:

http://goldmoney.com/

CHRIS POWELL, Secretary/Treasurer

Commentary by Appel and Sinclair; MineWeb reports firings at World Gold Council

Section: Daily Dispatches

Japan finance chief defends intervention,
declines to increase gold reserves

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=4781501

TOKYO, April 8 (Reuters) -- Japanese Finance Minister
Sadakazu Tanigaki said on Thursday that Japan's efforts
to hold the yen down had been useful in its fight against

Durban Roodeport Deep takes bigger stake in GoldMoney

Section: Daily Dispatches

7:12p ET Thursday, April 8, 2004

Dear Friend of GATA and Gold:

Some reading to start the long Easter weekend with....

* Dr. Richard Appel of the Financial Insights
newsletter argues that "The Dollar's Purchasing Power
is the Key to the Gold Price" at GoldSeek.com here:

http://news.goldseek.com/FinancialInsights/1081437082.php

Another central banker on the take -- how is this even news?

Section: Daily Dispatches

11:16p ET Tuesday, April 6, 2004

Dear Friend of GATA and Gold:

Please ignore the previous message, "Notify about
your e-mail account utilization," another malfunction
at Yahoo!Groups.

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

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From Motley Fool: Mind the Golden Rule

Section: Daily Dispatches

Germany's central bank hit by Welteke scandal

By Patrick Jenkins
Financial Times
Tuesday, April 6, 2004

http://news.ft.com/servlet/ContentServer?
pagename=FT.com/StoryFT/FullStory&c=StoryFT&cid=1079420192459&p=101257
1727088

FRANKFURT -- The executive board of Germany's
Bundesbank will meet on Wednesday morningto
decide the future of their president, Ernst Welteke,

Bundesbank president takes leave; someone else will try to talk gold down

Section: Daily Dispatches

By Chris Mallon
The Motley Fool
April 7, 2004

http://www.fool.com/news/mft/2004/mft04040716.htm?
logvisit=y&source=estmarhln001999&npu=y&bounce=y&bounce2=y

We all know what the real golden rule states: "He
who has the gold makes the rules." If the price of gold
stocks is any indication, it appears investors have

Murphy, Bishop, Morgan, and Taylor among speakers at Calgary conference

Section: Daily Dispatches

By Sonja Dieckhoefer
Bloomberg News Service
Wednesday, April 7, 2004

http://quote.bloomberg.com/apps/news?
pid=10000100&sid=aSuJGLaN3Vgc&refer=germany

FRANKFURT -- Bundesbank President Ernst Welteke agreed
to take leave of absence after a 7,661-euro ($9,336) hotel
stay paid by Dresdner Bank AG for him and his family sparked
a probe by Frankfurt prosecutors and the German central bank.

Is the jig in silver up? Even if not, word of market rigging gets around

Section: Daily Dispatches

9:24p ET Wednesday, April 7, 2004

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy will be among some
excellent and expert speakers at the Calgary
Resource Investment Conference on Saturday and
Sunday, April 24 and 25. Also among those
speakers will be Bob Bishop of Gold Mining
Stock Report, David Morgan of
Silver-Investor.com, Jay Taylor of J Taylor's
Gold and Technology Stocks newsletter, and

Germany may sell gold to pay Bundesbank president''s hotel bill

Section: Daily Dispatches

7:58p ET Monday, April 5, 2004

Dear Friend of GATA and Gold:

James Turk, founder of GoldMoney.com, editor of The
Freemarket Gold & Money Report, and consultant to
GATA, has posted new analysis about the U.S. dollar,
"Two Paths for the Dollar." Turk concludes: "The
dollar is just marking time. The dollar's downtrend
has not reversed."

Turk's new commentary can be found in the "Founder's

European Central Bank in crisis as interest rate cut is blocked by revolt

Section: Daily Dispatches

From Irish Public Broadcasting
(Radio Telefs ireann)
Tuesday, April 6, 2004
http://www.onbusiness.ie/2004/0406/bundesbank.html

Germany's central bank said its President Ernst Welteke
will not resign despite drawing continuing fire from media
over a big hotel bill that a commercial bank settled for him
two years ago.

"Welteke is not considering stepping down," a Bundesbank

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