You are here

Daily Dispatches

Distinguish the big news from what''s not news at all

Section: Daily Dispatches

10:14p ET Monday, October 13, 2003

Dear Friend of GATA and Gold:

The moon, stars, planets, and Bundesbank seem to be
aligning favorably for the gold price tonight.

There's this report at MineWeb, quot;Gold Still Primed for
$400/ozquot;:

a href=http://www.mips1.net/mggold.nsf/Current/4225685F0043D1B242256DBE005AD3ht...

Bush to tell Asians that only U.S. should manipulate currencies

Section: Daily Dispatches

11:59a ET Tuesday, October 14, 2003

Dear Friend of GATA and Gold:

GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold and Money
Report, advises us not to make much of old news
but to focus on big news instead. You can find
it at the GoldMoney home page under quot;Founder's
Commentaryquot; at the upper left:

a href=http://goldmoney.comhttp://goldmoney.com/a

Reuters story about reversal of yen carry trade was authentic

Section: Daily Dispatches

8:10p ET Sunday, October 12, 2003

Dear Friend of GATA and Gold:

Three stars of the gold world will attend the GATA
reception at the New Orleans Investment Conference
on Saturday evening, November 1:

-- Frank Veneroso of Allianz Dresdner, a GATA
consultant whose research has disclosed that
central bank gold lending is two to three times
larger than officially acknowledged. In an interview

Russia to price oil in euros in snub to US

Section: Daily Dispatches

1a ET Monday, October 13, 2003

Dear Friend of GATA and Gold:

Thanks to our friends who confirmed the authenticity of
that Reuters story about the reversal of the yen carry
trade and who provided a link to its posting at Forbes:

a href=http://www.forbes.com/home/newswire/2003/10/09/rtr1104042.htmlhttp://www...

CHRIS POWELL, Secretary/Treasurer

Even the Bundesbank is giving the usual sign of desperation about gold

Section: Daily Dispatches

By Ambrose Evans-Pritchard
Daily Telegraph, London
October 10, 2003

a href=http://www.money.telegraph.co.uk/money/main.jhtml?http://www.money.teleg...
xml=/money/2003/10/10/cnoil10.xmlamp;menuId=242amp;sSheet=/money/2003/10/10/
ixfrontcity.html

BRUSSELS -- Russia is to start pricing its huge oil and gas
exports in euros instead of dollars as part of a stragetic

Yen carry trade unwinding risks 1998-style fall in dollar

Section: Daily Dispatches

5:43p ET Saturday, October 11, 2003

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of The Freemarket
Gold amp; Money Report and consultant to GATA, has posted
a new commentary at the GoldMoney Internet site,
wherein he asks whether the Oct. 3 pounding of gold on
the Comex did any damage to gold's trend as charted
against currencies. Turk's charts show that gold's upward

''Midas'' commentary for October 10 posted at GoldSeek

Section: Daily Dispatches

2:25p ET Sunday, October 12, 2003

Dear Friend of GATA and Gold:

What purports to be a Reuters story from London last
Thursday, appended here, forwarded by a GATA supporter
in Europe, does not seem to be available at the Reuters
Internet site, though many other stories by the author of
this story are available there. So either your
secretary/treasurer has botched his use of the Reuters
search mechanism, Reuters inadvertently omitted posting

GATA reception in New Orleans features Veneroso, Embry, Wellesley-Wood

Section: Daily Dispatches

6:13p ET Sunday, October 12, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's quot;Midasquot; commentary from
Friday, October 10, at LeMetropoleCafe.com has been
posted in the clear at GoldSeek.com:

a href=http://news.goldseek.com/LemetropoleCafe/1065995109.phphttp://news.golds...

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

Gold''s upward trend is intact, breakout likely within two months, Turk says

Section: Daily Dispatches

Putin's idea to price oil in euros may hurt dollar

By Carola Hoyos and Christopher Swann in London
and Andrew Jack in Moscow
Financial Times
Friday, October 10, 2003

a href=http://news.ft.com/servlet/ContentServer?http://news.ft.com/servlet/Cont...
pagename=FT.com/StoryFT/FullStoryamp;c=StoryFTamp;cid=1059480488580

After weeks of being battered on the foreign exchanges, the

Financial Times reports on Russia''s flirtation with the euro

Section: Daily Dispatches

a href=http://story.news.yahoo.com/news?http://story.news.yahoo.com/news?/a
tmpl=storyamp;cid=1518amp;ncid=1518amp;e=3amp;u=/afp/20031008/bs_afp/us_economy_fo
rex_031008201123

WASHINGTON (Agence France-Presse) -- The US
administration has embarked on a risky strategy to
bring down the value of the dollar as part of an
effort to keep a fragile economic recovery on track.

Analysts say the US effort could alleviate some

Pages