Daily Dispatches

11:30a ET Friday, August 4, 2006

Dear Friend of GATA and Gold:

On the basis of Barrick Gold's Thursday conference call with financial analysts, MineWeb's Dorothy Kosich reports that Barrick does not intend to close at least 9.5 million ounces of the 13 million ounces remaining on its hedge book. The MineWeb story also includes comments on Barrick's bid to acquire NovaGold. You can find it here:

From Reuters
Thursday, August 3, 2006

http://asia.news.yahoo.com/060803/3/2nzjk.html

ROME -- The Bank of Italy said on Thursday that its action last year in slashing dollar reserves and switching heavily into the British pound was not motivated by any expectation of a slide in the dollar.

A senior BOI official denied a report in Britain's Telegraph newspaper that cited an Italian official saying the BOI had been acting in advance of an expected dollar fall linked to the end of the Federal Reserve's campaign of monetary tightening.

Dear Friend of GATA and Gold:

It's the wrong season -- too warm -- for television to be broadcasting "It's A Wonderful Life," but Report on Business Television in Canada today broadcast the summer equivalent: a "Market Call" interview by Jim O'Connell of Sprott Asset Management's chief investment strategist, John Embry.

Embry discussed manipulation of the gold market, predicted that the next move up in gold will be a big one, and reviewed the prospects for a large number of mining companies, including three GATA supporters -- Agnico-Eagle, ECU Silver, and North Atlantic Resources.

By Martin Crutsinger
Associated Press
Tuesday, August 1, 2006

http://news.yahoo.com/s/ap/20060801/ap_on_go_ca_st_pe/paulson;_ylt=Al35z...

Treasury Secretary Henry Paulson voiced support for a strong dollar on Tuesday and said America "must welcome competition, not run away from it" if the country wants to maintain a competitive advantage.