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Daily Dispatches

After currency basket for rouble, Russia may price oil in euros

Section: Daily Dispatches

Fannie, Freddie regulator
seeks power to close companies;
legislation begins moving in Congress

By Robert Schroeder
CBSMarketWatch.com
Thursday, February 3, 2005

WASHINGTON -- The federal office that regulates Fannie Mae and
Freddie Mac is seeking authority to close the giant mortgage finance
companies in the event of a financial crisis, as legislation
toughening rules on the firms begins to make its way through

Will IMF''s gold be revalued or sold to forgive poor countries'' debt?

Section: Daily Dispatches

11:19p ET Wednesday, February 2, 2005

Dear Friend of GATA and Gold:

Resource Investor's Tim Wood speculates that Newmont
Mining may be contemplating a bid for Gold Fields that
terminates Harmony Gold's attempt to take over the
company. You can find Wood's speculation here:

http://www.resourceinvestor.com/pebble.asp?relid=8164

Europeans said no longer so concerned about euro''s rise against dollar

Section: Daily Dispatches

Gold the G7 Key to Unlock Third World Debt

By Veronica Brown
Reuters
Thursday, February 3, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp;:42023db3:cbb85e77
15e51778?type=topNews&localeKey=en_ZA&storyID=7528277

LONDON -- A plan that seems to spin money out of thin air to pay
poor countries' debts by revaluing IMF gold reserves is gathering

Nothing like a good smashing of gold to get you out of a bad meeting

Section: Daily Dispatches

Dollar vs. Euro Strength Is No Longer
a Big Concern, European G7 Source Says

From Reuters
Thursday, February 3, 2005

http://www.reuters.co.za/locales/c_newsArticle.jsp;:42025636:edb5271d
cc2e9e55?type=businessNews&localeKey=en_ZA&storyID=7529414

LONDON -- The strength of the euro against the dollar has become

Patience, Appel says, while Hultberg examines gold''s future as money

Section: Daily Dispatches

9:09p ET Thursday, February 3, 2005

Dear Friend of GATA and Gold:

The Reuters story appended here may be most notable
for observing that, after weeks of clamor from Europe
about the dollar's decline, the dollar seems to have
"stabilized" on the eve of the G7 conference in London
-- perhaps so much so that Treasury Secretary John
Snow doesn't even have to show up. Nothing like a

If you like paper gold, you''ll love paper silver -- and here it comes

Section: Daily Dispatches

9:24p ET Tuesday, February 1, 2005

Dear Friend of GATA and Gold:

Kitco.com and metals market analyst (and world-class
wit and grouch) Doug Casey announced today that they
are teaming up in a new Internet site of precious
metals market data and commentary:

http://www.kitcocasey.com/

Bart Kitner's introductory letter about the site can
be found here:

Will Newmont take Gold Fields out of Harmony''s way?

Section: Daily Dispatches

By Zachary Howard
Reuters
Wednesday, February 2, 2005

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7517672

NEW YORK -- Barclays Global Investors may be seeking
to branch out in commodity-based exchange-traded funds,
such as silver and broad-based commodity ETFs, on the
heels of the debut of its iShares COMEX Gold Trust last

Citigroup memo reveals plan to rig euro bond market, destroy small traders

Section: Daily Dispatches

"Conspiracies rarely exist."

-- Dennis Gartman in The Gartman Letter, Sept. 14, 2004

* * *

Marsh & McLennan Will Pay $850 Million
to Settle N.Y. Bid Rigging and Kickbacks

By David Plumb
Bloomberg News Service
Monday, January 31, 2005

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

Citibank says memo on European bond market isn''t official policy ....

Section: Daily Dispatches

By Pivi Munter
Financial Times
Monday, January 31, 2005

http://news.ft.com/cms/s/086cefce-73ce-11d9-b705-00000e2511c8.html?
referrer_id=yahoo&ft_ref=yahoo1&segid=03058

Citigroup's huge trades in the eurozone government bond market last
August -- which were later described as "knuckle-headed" by Chuck

Gold miners will keep cutting hedges, if not as fast, analysts say

Section: Daily Dispatches

.... No, the firm's policy is not to create
incriminating evidence and not to get caught.

* * *

By The Associated Press
Tuesday, February 1, 2005

http://biz.yahoo.com/ap/050201/germany_citibank_2.html

BERLIN -- An internal memo from banking conglomerate
Citibank discussing strategies for squeezing out smaller
European bond market dealers does not reflect official

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