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Daily Dispatches

The big scandal isn''t what is illegal but what is perfectly legal

Section: Daily Dispatches

8p ET Monday, March 21, 2005

Dear Friend of GATA and Gold:

Here's a little plug for the Precious Metals Miniseries
of Solari Teleseminars, the undertaking of GATA board
member Catherine Austin Fitts. It will make a donation
to GATA for everyone who enrolls. Please check it out.

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

* * *

Announcing Solari Teleseminars

James Turk: The Fed''s track record isn''t pretty

Section: Daily Dispatches

By The Associated Press
Friday, March 18, 2005

http://biz.yahoo.com/ap/050318/fed_citigroup_2.html

WASHINGTON -- The Federal Reserve has barred Citigroup Inc., the
largest U.S. financial institution, from making major new
acquisitions until it corrects regulatory problems that have gotten
it into trouble with authorities in several countries.

Germany''s Silberinfo interviews GATA''s officers

Section: Daily Dispatches

12:55p ET Sunday, March 20, 2005

Dear Friend of GATA and Gold:

GoldMoney founder James Turk, editor of the
Freemarket Gold & Money report and consultant
to GATA, has measured the dollar's long-term
decline in value and taken note of the more
recent declines in shares of Fannie Mae,
Freddie Mac, General Motors, and AIG. You'll
like his conclusion. Just go to the GoldMoney
home page here:

Veneroso''s report for Gold Newsletter vindicates GATA

Section: Daily Dispatches

1:05p ET Sunday, March 20, 2005

Dear Friend of GATA and Gold:

Our friends at the Silberinfo Internet site in Germany
have just posted interviews with GATA Chairman Bill
Murphy and your secretary/treasurer.

The German versions can be found here:

http://silberinfo.w3concepts.net/cms/front_content.php?
client=1&lang=1&idcat=47&idart=1208

The pirates of the Caribbean are propping up the Treasury bond market

Section: Daily Dispatches

4:05p ET Sunday, March 20, 2005

Dear Friend of GATA and Gold:

Frank Veneroso, perhaps the world's foremost gold
market analyst, has written a new study of the
market that concurs almost completely with GATA's
long-held positions.

Veneroso's report has been posted at the Internet
site of Gold Newsletter and concludes:

* The gold market is "managed" by central banks
through their sales and leasing of gold.

Remember these guys, the ones who actually mine the stuff?

Section: Daily Dispatches

4:42p ET Sunday, March 20, 2005

Dear Friend of GATA and Gold:

Where is all the buying of U.S. Treasury bonds
coming from now that Asian central banks seem
to be diversifying out of the dollar? Ron Kirby
calls attention to what he calls the "pirates of
the Caribbean" -- those mysterious offshore
banks that can front for anybody, including,
perhaps, the U.S. government itself.

Resource Investor''s Tim Wood says gold should have little relation to CRB

Section: Daily Dispatches

Higher Gold Prices Stir
New Interest in Western Mines

By Joseph B. Frazier
Associated Press
Sunday, March 20, 2005

http://biz.yahoo.com/ap/050320/gold_revisited_2.html

BURNT RIVER CANYON, Ore. -- As the icy waters of Clark Creek swirl
in his gold pan, Ken Anderson expertly reduces the contents, first
to small pebbles, then smaller ones, then to a little sand.

James Turk: The coming collapse of the dollar

Section: Daily Dispatches

JP Morgan Chase Earnings
Grim This Year: BusinessWeek

From Reuters
Thursday, March 17, 2005

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh11030_2005-03-18_01-07-31_n17188921_newsml

NEW YORK -- J.P. Morgan Chase & Co.'s 2005 earnings will be "much
worse" than the $3.06 a share that Wall Street expects the No. 2

Federal Reserve bars Citigroup from acquisitions because of scandals

Section: Daily Dispatches

11p ET Friday, March 18, 2005

Dear Friend of GATA and Gold:

GATA consultant James Turk, founder of GoldMoney
and editor of the Freemarket Gold & Money Report,
has written a brief essay about the trouble ahead
for the U.S. dollar. You can find it at the
newsletter of Asset Strategies International here:

www.assetstrategies.com/pages/il/current.html#insideStory

CHRIS POWELL, Secretary/Treasurer

Gold is best way to play commodities boom now, James Turk says

Section: Daily Dispatches

By Ted Butler
InvestmentRarities.com
Wednesday, March 16, 2005

The most recent Commitment of Traders Report indicated continued
deterioration, with increased tech fund and speculative buying and
dealer short selling in gold and silver. Extrapolating from the
Tuesday, March 9, cutoff date, I would estimate that the dealer net
short position in COMEX gold futures has grown by some 100,000
contracts from the lows as the price rallied by more than $35. In

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