Daily Dispatches

By Theodore Butler

The latest Commitments of Traders Report (COT) was a
shocker for gold, as the tech funds plowed onto the long
side and dealers went short in massive numbers.

Adjusting for the trading since the Tuesday cutoff, the
commercial net short position in COMEX gold is at the
highest level ever. This raises the strong possibility of a
selloff, where the funds sell out their long positions and

Prices rising despite low inflation rate;
key indicators questioned

By Greg Burns
Chicago Tribune
Sunday, March 28, 2004
http://www.chicagotribune.com

At the same time the federal government is reporting inflation
at rock-bottom levels, the cost of medical care, tuition and
housing have shot up. From gasoline to coffee to gold,
commodity prices are soaring to heights not seen in years.

By Nicole Mordant

http://biz.yahoo.com/rc/040329/minerals_barrick_newmont_2.html

VANCOUVER, British Columbia, March 29 (Reuters) -- Barrick
Gold Corp. termed "wild speculation" Monday a report over the
weekend that Newmont Mining Corp. was getting set to make a
takeover offer for it, but added it would vigorously defend itself

11:31p ET Sunday, March 28, 2004

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of The Freemarket
Gold amp; Money Report and consultant to GATA, reports
that gold has broken out against the Swiss franc and
seems to be on the verge of doing so against the euro,
yen, and British pound.

In a new essay at GoldMoney.com, Turk writes: quot;If gold
breaks out of its base against these other currencies,