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Daily Dispatches

John Embry expects a ''spectacular'' move for gold in the new year

Section: Daily Dispatches

8p ET Wednesday, December 29, 2004

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and
consultant to GATA, examines "The Impact
of a Declining Dollar" in a new essay in
the "Founder's Commentary" box at the top
left of the GoldMoney home page here:

http://goldmoney.com

Richard Benson: Inflation Disinformation

Section: Daily Dispatches

By Mark Tannenbaum and Jonas Bergman
Bloomberg News Service
Monday, December 27, 2004

http://quote.bloomberg.com/apps/news?
pid=10000006&sid=a35q0IgJY7fg&refer=home

The dollar declined to weaker than $1.36 per euro for the
first time, reaching its seventh record low this month, on
speculation the United States and Europe will allow the

Join GATA at the Vancouver Resource Investment Conference Jan. 23 and 24

Section: Daily Dispatches

Dollar near all-time low vs. euro

From Reuters
Sunday, December 26, 2004

http://www.reuters.com/financeNewsArticle.jhtml?
type=businessNews&storyID=7180723

TOKYO -- The dollar held just off a record low against
the euro on Monday, but downward pressure
remained strong after a euro-zone minister showed
little concern over the European currency's recent

Warren Buffett: Markets always defeat government intervention

Section: Daily Dispatches

12:09a ET Monday, December 27, 2004

Dear Friend of GATA and Gold:

Here's a reminder that GATA Chairman Bill Murphy
will be a speaker and GATA will have a booth at
the 2005 Vancouver Resource Investment Conference,
to be held at the Vancouver Convention and
Exhibition Centre on Sunday and Monday, January 23
and 24, and that we'll be joined by some of the
gold and silver world's favorite experts,

Julian D.W. Phillips: Bundesbank''s decision not to sell gold is historic

Section: Daily Dispatches

A Word From A Dollar Bear

By Robert Lenzner and Daniel Kruger
Forbes magazine
January 10, 2005

http://www.forbes.com/home/free_forbes/2005/0110/036.html

Warren Buffett's vote of no confidence in U.S. fiscal policies is up
to $20 billion.The dollar has fallen savagely against the euro for
the past three years, and the trade deficit is running $55 billion a

Dollar falls to another record against euro amid doubts about intervention

Section: Daily Dispatches

4:33p ET Monday, December 27, 2004

Dear Friend of GATA and Gold:

Julian D.W. Phillips, editor of Gold-Authentic Money,
explains in an essay posted today at GoldSeek the
historic importance of the Bundesbank's decision
against selling more gold from its reserves. You can
find Phillips' essay here:

http://news.goldseek.com/AuthenticMoney/1104171021.php

Is gold headed for its longest rally since the Nixon years?

Section: Daily Dispatches

Economic Rally for Argentina Defies Forecasts

By Larry Rohter
The New York Times
Sunday, December 26, 2004

http://www.nytimes.com/2004/12/26/international/americas/26argent.html
?hp

BUENOS AIRES, Dec. 23 -- When the Argentine economy collapsed in
December 2001, doomsday predictions abounded. Unless it adopted

Pimco director says U.S. bonds must be repudiated; so why does Pimco own them?

Section: Daily Dispatches

By Laura Humble
Bloomberg News Service
Monday, December 27, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=aO9aCmMLJgZE&refer=top_world_news

LONDON -- Gold prices, already near a 16-year high, may be
headed for the longest rally since Richard Nixon was U.S.
president as a falling dollar and renewed concern about
inflation boost bullion's appeal as an investment.

Year-end bounce for dollar is elusive

Section: Daily Dispatches

10:42p ET Sunday, December 26, 2004

Dear Friend of GATA and Gold:

Chris P. Dialynas, managing director of Pacific Investment
Management Co. (PIMCO), the big bond house, has just
written a comprehensive study of the international financial
situation, "Trouble Ahead, Trouble Behind." It purports to
outline a remedy to the explosive imbalances in the world
economy.

Dialynas' program includes:

Dutch finance minister''s comments give euro another boost

Section: Daily Dispatches

By Steven Vames
Dow Jones Newswires
Monday, December 27, 2004

http://sg.biz.yahoo.com/041226/15/3phy0.html

NEW YORK -- With conditions in currency markets
already thin, whatever trading takes places during the
final week of 2004 is likely to be choppy and volatile
for the dollar.

The euro pushed to yet another all-time peak versus

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