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Daily Dispatches

Early renewal of central bank gold agreement seen to be supportive of price

Section: Daily Dispatches

Excerpted from quot;Midasquot; commentary for January 28, 2004
Copyright 2004, LeMetropoleCafe.com
Used by permission

By Bill Murphy
LeMetropoleCafe.com
January 18, 2004

Yesterday I distributed this Bloomberg story in a Caf email:

* * *

The board of Germany's Bundesbank opposes a plan by its
president, Ernst Welteke, to sell some of the central bank's
gold reserves to fund research in Europe's largest economy,

Bundesbank''s board is said to oppose Welteke on gold sales

Section: Daily Dispatches

From Investor's Digest of Canada
January 2, 2004

By John Embry

Gold's fundamentals may be even better than they were
at the outset of the 1970s, a decade that saw a 20-fold
increase in the price

The gold picture in a word: explosive

I had the opportunity recently to meet the renowned
Ferdinand Lips, the former Swiss banker who wrote a
seminal book on the management of the gold price

OPEC mulls move out of dollar to euro for pricing crude oil

Section: Daily Dispatches

5:33p ET Monday, January 12, 2004

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy will be among the leading
speakers at the Vancouver International Resource
Investment Conference, to be held Sunday and Monday,
January 25 and 26, at the Vancouver Convention and
Exhibition Centre.

Many other heroes of the gold and silver cause will
be speaking as well, including Bob Bishop, editor

Bullion banks and central banks struggle with explosive gold

Section: Daily Dispatches

By Patrick Brethour
Globe and Mail, Toronto

a href=http://www.globeandmail.com/servlet/story/RTGAM.20040112.wopec0112/BNSht...
tory/Business/

CALGARY -- OPEC is considering a move away from
using the U.S. dollar -- and to the euro -- to set its price
targets for crude oil, the highest-profile manifestation of
the debilitating effect of depreciation on the greenback's

Gold has passed his testing point but Elliott Waver Prechter still disses it

Section: Daily Dispatches

8:50p ET Sunday, January 11, 2004

Dear Friend of GATA and Gold:

Michael Kosares, proprietor of Centennial Precious Metals
in Denver and the generous host of the forum at CPM's
Internet site, www.USAGold.com, has just written
brilliantly about Bundebank President Ernst Welteke's
obsession with the disposal of Germany's national
patrimony. Kosares' observations, posted at the USAGold
Forum, are appended here with kind permission.

Murphy to lead GATA delegation at Vancouver resource investment conference

Section: Daily Dispatches

5:26p ET Monday, January 12, 2004

Dear Friend of GATA and Gold:

CBSMarketWatch columnist Peter Brimelow's commentary
today reports that Elliott Waver Robert Prechter seems to
be evading his pledge to repudiate his gold-bearish position
past $422 per ounce. While Prechter touts the short
position of the commercial traders in gold, Brimelow's
commentary cites GATA consultant Reg Howe's explanation

''Midas'' for Jan. 9 posted in clear; Bundesbank prez tries to spook gold again

Section: Daily Dispatches

1:18p ET Wednesday, January 7, 2004

Dear Friend of GATA and Gold:

CBSMarketWatch Editor Thom Calandra's latest
quot;StockWatchquot; commentary collects comments on
the prospects for gold and commodities and
quotes GATA consultant James Turk, founder of
GoldMoney and editor of the Freemarket Gold
amp; Money report. You can find Calandra's
commentary here:

a href=http://cbs.marketwatch.com/news/story.asp?http://cbs.marketwatch.com/new...

Bundesbank president, hanging out at BIS, undercuts gold sales report

Section: Daily Dispatches

2:20p ET Sunday, January 11, 2003

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy's quot;Midasquot; commentary for
Friday, January 9, at the subscription site
LeMetropoleCafe.com has been posted in the clear at
Jim Puplava's quot;Financial Sensequot; Internet site here:

a href=http://www.financialsense.com/editorials/murphy/2004/0111.htmlhttp://www...

Clive Roffey''s predictions for the precious metals and South African gold shares

Section: Daily Dispatches

BASEL, Switzerland, Jan. 11 (Reuters) -- Bundesbank President
Ernst Welteke said on Sunday Germany had made no decision
to sell gold yet but that it would seek an option under a new
gold agreement.

quot;This doesn't mean we will sell gold. It means we want an option
to sell gold. Whether we exercise it or not is another question,quot;
he told reporters.

The German central bank president said there was no agreement

Why is Bundesbank President Welteke obsessed with selling Germany''s gold?

Section: Daily Dispatches

8:17p ET Sunday, January 11, 2004

Dear Friend of GATA and Gold:

As we await a press release from Bundesbank President
Ernst Welteke announcing discovery of technology for
turning lead into gold and cow manure into hot fudge
sundaes, let's enjoy Clive Roffey's predictions for the
precious metals generally and the South African gold
shares particularly, posted at Gold-Eagle here:

a href=http://www.gold-eagle.com/editorials_04/roffey011104.htmlhttp://www.gold...

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