Daily Dispatches

Tom Dyson: Is Japan getting ready to dump the dollar?

Submitted by cpowell on Sun, 2005-03-13 03:00 Section: Daily Dispatches

12:19p ET Sunday, March 13, 2005

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and consultant
to GATA, has gotten out his U.S. dollar charts
again and writes that the dollar seems to be
even weaker than he thought it would be. Turk
sees a chance that there soon will be another
"waterfall" decline in the dollar, which would

Read more about Tom Dyson: Is Japan getting ready to dump the dollar?

India''s Financial Express reports GATA''s research on CRB/gold disparity

Submitted by cpowell on Sun, 2005-03-13 03:00 Section: Daily Dispatches

By Tom Dyson
DailyReckoning.com
Saturday-Sunday, March 12-13, 2005

http://www.dailyreckoning.com/Issues/2005/WEDR031205.html

At some point the other afternoon, Addison Wiggin
approached our desk with a twinkle in his eye.

"The Japanese are about to start dumping their dollars,"
he said.

We didn't even bother asking for details; the dollar/yen

Read more about India''s Financial Express reports GATA''s research on CRB/gold disparity

All Asia contemplates who will be the first and last to get out of the dollar

Submitted by cpowell on Sun, 2005-03-13 03:00 Section: Daily Dispatches

Commodity Watch:
Central bank intervention keeps gold prices lower: GATA

The Financial Express, New Delhi
Monday, March 14, 2005

http://www.financialexpress.com/fe_full_story.php?content_id=85174

By Our Commodities Bureau

MUMBAI, March 13 -- The price history of the last boom in
commodities suggests that gold now should be priced

Read more about All Asia contemplates who will be the first and last to get out of the dollar

Mexico mulls silver lining against currency crash

Submitted by cpowell on Sun, 2005-03-13 03:00 Section: Daily Dispatches

You Can't Bet Bottom Dollar

By Tom Plate
The Korea Times, Seoul
Sunday, March 13, 2005

http://times.hankooki.com/lpage/opinion/200503/kt2005031318135054240.
htm

LOS ANGELES -- Fasten your seat belts and get ready for a major test
of the core stability of the global financial system.

How do we know that a jolt is coming? It's simple. Just consider:

Read more about Mexico mulls silver lining against currency crash

Now India''s central bank admits considering diversifying out of the dollar

Submitted by cpowell on Sat, 2005-03-12 03:00 Section: Daily Dispatches

By Michael Kosares
Centennial Precious Metals, Denver
www.USAGold.com
Thursday, March 10, 2005

Previous Japanese dalliances with gold were always
a reaction to tough trade talks -- times when the
United States was pressuring Japan to lower trade
barriers and allow its currency to float (presumably
higher). This week's comment by Prime Minister
Koizumi did NOT come as a reaction to trade talks

Read more about Now India''s central bank admits considering diversifying out of the dollar

Help get your mining companies to send a representative to Gold Rush 21

Submitted by cpowell on Sat, 2005-03-12 03:00 Section: Daily Dispatches

Asian Foreign Exchange Reserves: A $2.46 Trillion Question

From Reuters
Friday, March 11, 2005

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh61574_2005-03-11_08-29-08_sp344615_newsml

SINGAPORE -- One of the hottest topics in world markets is whether
Asian central banks will diversify their huge currency reserves, a

Read more about Help get your mining companies to send a representative to Gold Rush 21

Algerian energy minister says OPEC has reached oil production limit

Submitted by cpowell on Sat, 2005-03-12 03:00 Section: Daily Dispatches

6p ET Saturday, March 12, 2005

Dear Friend of GATA and Gold:

GATA is asking for your help again but a member
of our Board of Directors, Ed Steer of Edmonton,
Alberta, had made it very easy for you with his
new essay, "A Call to Arms." On GATA's behalf
he asks shareholders of gold and silver mining
companies to take a little responsibility for
getting their companies -- and he emphasizes

Read more about Algerian energy minister says OPEC has reached oil production limit

''Midas'' commentary for March 9 posted in the clear at GoldSeek

Submitted by cpowell on Thu, 2005-03-10 03:00 Section: Daily Dispatches

11p ET Wednesday, March 9, 2005

Dear Friend of GATA and Gold:

Argument over excessive holdings of U.S. dollar
reserves has broken into the open again at the
highest levels of an Asian government. The other
day it was South Korea. Tonight, as you'll see
by the news stories appended here, it's Japan.

Whatever governments and central banks end up
doing about it, their nervousness about their