Daily Dispatches

9p ET Thursday, June 16, 2005

Dear Friend of GATA and Gold:

Reginald H. Howe, proprietor of the Golden Sextant
Internet site and consultant to GATA, has studied
the latest report from the Bank for International
Settlements on over-the-counter derivatives in gold.

Among his conclusions:

* Gold short exposure seems to be shifting
gradually away from bullion banks to central
banks.

By James Cook
InvestmentRarities.com
Tuesday, June 14, 2005

Theodore (Ted) Butler must certainly be the foremost silver analyst
of our time. Not only is he a pioneering thinker on the subject of
silver, he is also way ahead of the curve with what's happening
in the silver market. Many of his ideas are original and new. It's
no exaggeration to say that almost everything you see other people

Vivianne C. Rodrigues
Bloomberg News Service
Wednesday, June 15, 2005

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

The dollar fell for the first day in six against the euro after a
government report showed foreign investors purchased U.S. assets at
a slower-than-expected pace.

International investors bought a net $47.4 billion in Treasury

Tough Wage Talks Launched
in South Africa Gold Sector

From Reuters
Tuesday, June 14, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp;:42aeda65:e542267d
3f7ef0?type=businessNews&localeKey=en_ZA&storyID=8785819

JOHANNESBURG -- South African mining employers and unions opened pay
talks on Tuesday and one union said reaching a settlement would be