Daily Dispatches

World Gold Council's Bullion Fund
Double-Counts Gold Bars, GATA Says

GATA Press Release via Business Wire
December 6, 2004

More than 2 percent of the gold reported as the property
of the World Gold Council's new exchange-traded bullion
fund on the New York Stock Exchange (GLD) appears to
have been double-counted on account of duplicate serial
numbers on the fund's gold bars, the Gold Anti-Trust

9:55p ET Monday, December 6, 2004

Dear Friend of GATA and Gold:

GATA is not in the investment advice business
but we ARE in the business of keeping up the
morale of our side against the dirty blows of
the market riggers, and this IS the holiday
season, so feel free to treat yourself to Rick
Ackerman's commentary tonight, which quotes
at length his friend, analyst John Mackenzie,
about an imminent, "astonishing," and

Gold Prices Soaring But Indians Continue Buying

The Hindu, Madras
Sunday, December 5, 2004

http://www.hinduonnet.com/thehindu/holnus/006200412051101.htm

By Press Trust of India

NEW DELHI -- Gold prices are soaring but this has
failed to affect the buying spree in the Indian
wedding season. In fact, people are buying more,

What's Buffing Up Gold?

Is $1,000 a Real Target?
Analyst, Fund Manager
Give the Goods on Gold

By Worth Civils
The Wall Street Journal Online
Thursday, December 2, 2004

Gold prices have surged 50 percent since early 2002
to more than $450 an ounce, and some market
watchers are brazenly slapping a $1,000 price target
on the metal for the near future.

That crystal-ball forecast seems heady. But John