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Daily Dispatches
Resource Investor takes another look at South African junior miner AfLease
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily Dispatches10p ET Wednesday, December 15, 2004
Dear Friend of GATA and Gold:
A couple more things worth checking tonight that
you might not find in your ordinary Internet
ramble....
* Bob Bishop of Gold Mining Stock Report has
a wonderful antidote to the gloom in the gold world,
noting that the weakness in gold shares lately is
very likely tax-loss selling that will pass. You can
find Bishop's commentary at GoldColony here:
Fannie Mae broke accounting rules; firm''s capital position is now in jeopardy
Submitted by cpowell on Wed, 2004-12-15 03:00 Section: Daily Dispatches10:23p ET Wednesday, December 15, 2004
Dear Friend of GATA and Gold:
Resource Investor's Tim Wood has updated the
situation with South African junior miner
Afrikander Lease, a major supporter of GATA,
and concludes that the company's gold and
uranium assets, now priced at 30 cents per
share, may be worth more than $10. This is
neither an offer to buy nor to sell -- just
an offer to dream! You can find Wood's report
Ted Butler: Taking care of business
Submitted by cpowell on Tue, 2004-12-14 03:00 Section: Daily Dispatches5:05p ET Sunday, December 12, 2004
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and consultant
to GATA, writes in new commentary that the
U.S. dollar has ended its "waterfall" decline
for the moment but that gold is beginning to
rise in other currencies. You can find Turk's
analysis in the "Founder's Commentary" box at
China sees gold-buying surge to hedge against declining dollar
Submitted by cpowell on Tue, 2004-12-14 03:00 Section: Daily DispatchesBy Ted Butler
December 14, 2004
I'm keeping this week's comments brief. In last week's
article, even though I wrote that I had the feeling that
we could have a real "thumper" to the downside,
actually seeing it immediately occur was somewhat
unnerving. That said, while timing is akin to luck, I hope
readers understand that the reason for the dramatic
James Turk: An Open Letter to the Bullion Desk
Submitted by cpowell on Sun, 2004-12-12 03:00 Section: Daily Dispatches5:30p ET Saturday, December 11, 2004
Dear Friend of GATA and Gold:
Here's a report from the heart of the developing
world -- Nigeria -- that is encouraging and
touching. Encouraging, because it shows that
the government is just beginning to sense how
the country is being ripped off by the imperial
currency, the dollar; touching, because it shows
the struggle of people who are trying to make
James Turk: Dollar ends ''waterfall'' decline but gold rises in other currencies
Submitted by cpowell on Sun, 2004-12-12 03:00 Section: Daily Dispatches4:06p ET Sunday, December 12, 2004
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the
Freemarket Gold & Money Report and founder
of GoldMoney, has written "An Open Letter to
the Bullion Desk," correcting the misinformation
the Bullion Desk posted last week about the
World Gold Council's new exchange-traded
bullion fund, misinformation from which the
Bullion Desk ran away after it was challenged.
How the gold ETF might be used to smash gold and the mining shares
Submitted by cpowell on Sat, 2004-12-11 03:00 Section: Daily Dispatches11:34p ET Friday, December 10, 2004
Dear Friend of GATA and Gold:
The Northern Miner's December 10-16 issue
has a meaty interview with veteran gold
investor and mining company executive Jim
Sinclair, proprietor of www.JSMineset.com,
who comments on the relationship between
gold and the dollar, their futures, the
manipulation of the gold price, and
international affairs. You can find it in
Nigeria contemplates doing business in currencies other than the dollar
Submitted by cpowell on Sat, 2004-12-11 03:00 Section: Daily Dispatches12:42p ET Saturday, December 11, 2004
Dear Friend of GATA and Gold:
In an essay that could use a little more copyediting
at 321Gold, Julian D.W. Phillips of Gold-Authentic
Money waxes rhapsodic about the World Gold Council's
new exchange-traded bullion fund. The essay is titled
"The streetTRACKS Gold Trust" and you can find it
here:
http://www.321gold.com/editorials/phillips/phillips121304.html
Refiner says duplicate numbers on its gold bars are normal
Submitted by cpowell on Fri, 2004-12-10 03:00 Section: Daily Dispatches10:43p ET Thursday, December 9, 2004
Dear Friend of GATA and Gold:
Tim W. Wood of the Cycles News & Views
newsletter writes at CBSMarketWatch that
gold has topped and should be sold on
account of its awful failure to keep pace
with the CRB Index of commodity prices as
gold did 25 years ago. Too bad that Wood
doesn't delve a bit into that anomaly and
consider whether the difference between
CFTC economist tells mining group that silver market is not manipulated
Submitted by cpowell on Fri, 2004-12-10 03:00 Section: Daily DispatchesBy David Elliott
Dow Jones Newswires
Friday, December 10, 2004
http://money.iwon.com/jsp/nw/nwdt_rt.jsp?section=news&news_id=dji-
00058920041210&feed=dji&date=20041210&cat=INDUSTRY
LONDON -- Gold bars held by the StreetTRACKS
gold-backed exchange- traded fund may be
stamped with the same number but such a move