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Daily Dispatches

India resumes silver imports as foreign price falls below domestic price

Section: Daily Dispatches

11:30a ET Sunday, April 25, 2004

Dear Friend of GATA and Gold:

GoldMoney proprietor James Turk, editor of The Freemarket
Gold & Money Report and consultant to GATA, does his own
charting in his new essay, "The Buck Stops Here," and
concludes:

"The major trends for gold and the dollar are clear -- up
for gold and down for the dollar. These trends will
continue until U.S. politicians become more concerned about

James Turk: The buck stops here

Section: Daily Dispatches

2:41p ET Saturday, April 24, 2004

Dear Friend of GATA and Gold:

Clive Roffey, editor of Gold Action, gets out his charts
to show that the gold and silver and the mining shares
are all in confident buy zones. You can find Roffey's
commentary at GoldSeek here:

http://news.goldseek.com/GoldAction/1082913193.php

CHRIS POWELL, Secretary/Treasurer

Gold is once again a bargain and charted for another takeoff, Adam Hamilton says

Section: Daily Dispatches

9:11a ET Friday, April 23, 2004

Dear Friend of GATA and Gold:

Jason Hommel has written an urgent advisory about
silver that has been posted at Gold-Eagle here:

http://www.gold-eagle.com/editorials_04/hommel042204.html

And analysis by the Aden sisters concludes that
nothing has changed with the upward trend of gold

Nobody can afford higher U.S. rates, analyst says; and Sinclair''s latest

Section: Daily Dispatches

11:14a ET Saturday, April 24, 2004

Dear Friend of GATA and Gold:

Adam Hamilton's new analysis, "The Relative Dollar
and Gold, Part 2," finds that gold and the U.S. dollar
now are at priced at points that recently have made
the former a great buy and the latter a great sell. His
charts are especially telling. You can find Hamilton's
analysis at GoldSeek here:

http://news.goldseek.com/Zealllc/1082741259.php

Clive Roffey''s charts show gold, silver, and the shares are all in a buying zone

Section: Daily Dispatches

11:45a ET Saturday, April 24, 2004

Dear Friend of GATA and Gold:

MineWeb's Tim Wood interviews economic analyst
Martin Murenbeeld at the European Gold Forum and
Zurich and hears that neither the United States
nor the rest of the world can afford the stronger
dollar that would result from higher interest
rates. You can find the interview here:

http://www.mineweb.net/events/conferences/2004/eugold04/317920.htm

Jason Hommel, Aden sisters, and Gary North are encouraging

Section: Daily Dispatches

10:17p ET Thursday, April 22, 2004

Dear Friend of GATA and Gold:

Couldn't find any bad news for the precious metals tonight,
not that the bruises of the past week have worn off....

Richard Russell, editor of Dow Theory Letters, observes that
gold is testing its 200-day moving average, that it has done
this several times before and continued higher, and that
"gold's erratic action is understandable when you consider

Just bouncing off 200-day MA as Bernanke doubts rate rise and Barrick covers

Section: Daily Dispatches

http://www.reuters.com/newsArticle.jhtml?
type=businessNews&storyID=4907981&section=news

By Reuters

WASHINGTON, April 22 -- A big jump in food prices helped
push U.S. wholesale prices sharply higher last month, the
government said on Thursday in a report likely to sustain
budding inflation worries.

The Producer Price Index, which measures prices paid to

Wholesale prices reported sharply higher just after metals prices are smashed

Section: Daily Dispatches

By John Brimelow
CBSMarketWatch
Thursday, April 22, 2004

http://www.marketwatch.com/news/story.asp?
siteid=yhoo&dist=yhoosnap&guid=%7B5156846C%2DB1C3%2D439A%2DAF7B%
2DEEB86E95A8A8%7D&

NEW YORK -- Gold is back below $400 -- but it may be about
to perform its version of the Indian Rope Trick. Again.

I first reported on this phenomenon in a piece in February, when

John Brimelow: Gold''s Indian rope trick to the rescue?

Section: Daily Dispatches

10:26p ET Wednesday, April 21, 2004

Dear Friend of GATA and Gold:

GATA supporter Sid from Australia writes:

"It is oft-stated by GATA that gold shorts are trapped
with no way out, hence the protracted manipulation. Yet
this latest price drop in the price of physical has
been orchestrated so that they CAN cover. But if they
cover, they were never trapped in the first place.
Correct?

Are the gold shorts trapped or not?

Section: Daily Dispatches

9:54p ET Wednesday, April 21, 2004

Dear Friend of GATA and Gold:

Put down that gun! Or at least read some of the stuff
below before pulling the trigger.

Start with Jim Sinclair's "A Letter to the Gold
Community," which observes that everything happening
to the precious metals now happened to them during
their last big run. Sinclair's letter is, at this hour,
the second commentary down from the top of his site:

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