Daily Dispatches

By Ambrose Evans-Pritchard
The Telegraph, London
Monday, October 2, 2006

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2006/10/02/ccview...

Arrayed on one side of the commodity debate are the ivory-tower economists and perma-bears, all warning that the four-year boom is over -- with worse to come. On the other are the traders and specialists who live and breathe the stuff every day, convinced that the market is tighter across the spectrum of metals and energy than outsiders realise.

10:51a ET Sunday, Ocober 1, 2006

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the Freemarket Gold & Money Report and consultant to GATA, gets out his charts to dismiss suggestions that commodities are finished. In "The Commodity 'Cycle' Is Not Over," Turk writes:

"Both gold and silver have a long way to climb before the bull market that is driving all commodities higher breathes its last breath. The reason is simple. People are exiting the dollar, and they will continue to do so until the problems adversely affecting the dollar are fixed -- and no one is taking steps to do that."

11:36a ET Saturday, September 30, 2006

Dear Friend of GATA and Gold:

GoldSeek's companion site, SilverSeek, reports that the iShares Silver Trust exchange-traded fund operated by Barclays Global Investors, which claims to hold 104 million ounces of silver, is preparing to buy about 150 million more ounces:

http://news.silverseek.com/SilverSeek/1159546321.php

That that would be about 50 million more ounces than were reported held by the Comex division of the New York Mercantile Exchange on Friday:

9:22p ET Thursday, September 28, 2006

Dear Friend of GATA and Gold:

Our friend Jim Sinclair, chairman of Tanzanian Royalty Exploration and proprietor of JSMineSet.com, was interviewed for eight minutes Wednesday on Bloomberg Television. Among his major points:

-- Gold isn't a religion but a currency and is primarily the inverse of the U.S. dollar.

-- The dollar is at a critical level and the U.S. Exchange Stabilization Fund is likely defending it here.