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Daily Dispatches

Is U.S. really opposed to selling IMF gold, and, if so, what''s the real reason?

Section: Daily Dispatches

11:24p ET Tuesday, April 5, 2005

Dear Friend of GATA and Gold:

Today the chairman of the Joint Economic Committee
of Congress announced that he opposes and expects
Congress to oppose the sale of the International
Monetary Fund's gold. As you can read in a special
"Midas" commentary just written by GATA Chairman
Bill Murphy at LeMetropoleCafe.com, GATA's
chairman was lobbying the committee chairman on

Ted Butler: Silver, silver everywhere

Section: Daily Dispatches

11:58p ET Wednesday, April 5, 2005

Dear Friend of GATA and Gold:

The Bloomberg story appended here shows that the
statement of U.S. Rep. James Saxton, chairman of
the Joint Economic Committee of Congress,
opposing the sale of gold by the International
Monetary Fund has gotten a lot of notice even as
it has raised some questions.

-- The United States and Britain are allies, so
would the British finance minister be agitating

European Central Bank president sounds skeptical of IMF gold sales

Section: Daily Dispatches

1:26a ET Thursday, April 7, 2005

Dear Friend of GATA and Gold:

Ted Butler's latest silver market commentary,
"Silver, Silver Everywhere," can be found at
GoldSeek's companion Internet site,
SilverSeek, here:

http://news.silverseek.com/TedButler/1112809537.php

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.

Markets are vulnerable to inflation and interest-rate shocks, IMF says

Section: Daily Dispatches

10:18p ET Monday, April 4, 2005

Dear Friend of GATA and Gold:

Watch John Embry, chief investment strategist
for Sprott Asset Management, make mincemeat
of Brian Acker, CEO of Acker Finley Inc., in
a discussion of gold and other markets on
ROB-TV's "Market Call" program with Jim
O'Connell.

The program was broadcast this afternoon on
ROB-TV, the Canadian business television

Committee chairman says any IMF gold sales will be stopped in Congress

Section: Daily Dispatches

Markets Are Quiet. Maybe Too Quiet.
IMF Frets that Good Times Have Led to Complacency

By Greg Robb
CBSMarketWatch.com
Tuesday, April 5, 2005

http://www.marketwatch.com/news/story.asp?guid=%7B56563BE9%2DE027%
2D4D21%2DA934%2D240E860E99F8%7D&siteid=mktw

WASHINGTON -- Global financial markets might not be prepared for

Opposing IMF gold sales, Saxton tells IMF to stop making bad loans

Section: Daily Dispatches

By John Connor
Dow Jones Newswires
Tuesday, April 5, 2005

WASHINGTON -- Rep. Jim Saxton, R-N.J., chairman of Congress's Joint
Economic Committee, said any movement by the International Monetary
Fund toward gold sales will be stopped by Congress and the Bush
Administration.

In a statement Tuesday, Rep. Saxton said the IMF is considering gold
sales as a way of covering the bad loans it has made to

While scheming to short all of S. Africa, Cross calls gold demand ''phenomenal''

Section: Daily Dispatches

Statement by U.S. Rep. Jim Saxton, Chairman
Joint Economic Committee of Congress
Tuesday, April 5, 2005

http://www.house.gov/jec/press/2005/04-05-05.htm

IMF Gold Sales Will Be Blocked;
Taxpayers' Interests Should Be Protected

WASHINGTON -- Any movement by the International Monetary Fund (IMF)
toward gold sales will be stopped by Congress and the Bush

Moody''s cuts GM''s debt rating, and Ford is next

Section: Daily Dispatches

8:19p ET Tuesday, April 5, 2005

Dear Friend of GATA and Gold:

MineWeb Radio in South Africa today interviewed Jessica
Cross of Virtual Metals, and while she seems to have been
in that country to develop a scheme of shorting all its
mineral wealth, she had to admit that demand for physical
gold is "phenomenal." You can find a transcript of the
interview here:

http://www.mineweb.net/radio/classic_mining/430071.htm

GATA was talking to that congressional chairman about gold six years ago

Section: Daily Dispatches

By Bill Koenig
Bloomberg News Service
Tuesday, April 5, 2005

http://quote.bloomberg.com/apps/news?
pid=10000006&sid=aC47QSISEyUs&refer=home#

SOUTHFIELD, Mich. -- General Motors Corp.'s debt ratings were cut
one notch to Baa3, the lowest investment grade, by Moody's Investors
Service. The ratings company also said it was reviewing Ford Motor

Bundesbank opposes using IMF gold to fund debt relief for poor countries

Section: Daily Dispatches

Dollar Theme to Shift from Data to Policy

By Laurence Norman And Steven Vames
Dow Jones Newswires
Monday, April 4, 2005

http://sg.biz.yahoo.com/050403/15/3rnyu.html

NEW YORK -- Last week it was all about the numbers. This week the
dollar's fate may be wrapped in the nuances of central bank policy.

With few significant economic data releases due, currency markets

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