Daily Dispatches

8:25p ET Friday, December 3, 2004

Dear Friend of GATA and Gold:

The Reuters story about today's decline in the
U.S. dollar, just dispatched to you, mentioned
a report in a German newspaper quoting an
unidentified U.S. Treasury official as saying
that the U.S. government would not intervene
in the currency markets to support the dollar
until it fell to $1.45 to the euro.

That newspaper was Boersen-Zeitung, a financial

6:21p ET Thursday, December 2, 2004

Dear Friend of GATA and Gold:

To help recover from today's pounding of the
precious metals, you might want to start with
Jim Sinclair's evening commentary, "Gold
Market Summary." Just remember that, while his
Internet site is free, you have to register for
access. You can find Sinclair here:

http://www.jsmineset.com

Trichet Warning Brings Relief for Dollar

By Ambrose Evans-Pritchard
The Telegraph, London
Friday, December 3, 2004

www.telegraph.co.uk

BRUSSELS -- The US dollar rallied sharply yesterday
after the European Central Bank warned currency
speculators not to push their luck.

Jean-Claude Trichet, the ECB's president, said market
intervention was "a weapon" at the disposal of every

4:39p ET Friday, December 3, 2004

Dear Friend of GATA and Gold:

Here is a long but wonderful story from a major
business newspaper in India about the booming
gold business there. The story has all the whir
and roar of it -- jewelry, the trend toward
monetary gold, and developments in marketing
the metal as well as futures trading.

The evidence of the story is that "schemes" --