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Daily Dispatches

Treasury Department says it has no authority to confiscate gold

Section: Daily Dispatches

7:43p ET Tuesday, January 4, 2005

Dear Friend of GATA and Gold:

You'll want to read silver market analyst Ted Butler's
new commentary, "Friedman's Theory," which analyzes
U.S. Geological Survey data to conclude that, in terms
of quantity remaining to be mined, silver may have
become the rarest metal. You can find it at the top
left of the Investment Rarities home page here:

Noranda continues acquisition talks with China''s Minmetals

Section: Daily Dispatches

8:12p ET Tuesday, January 4, 2005

Dear Friend of GATA and Gold:

In a letter released today in response to an inquiry
from GATA, the U.S. Treasury Department declared that
it has no statutory authority to confiscate gold.

GATA made the inquiry last fall through the office of
U.S. Rep. John B. Larson, Democrat of Connecticut,
co-sponsor with U.S. Rep. Ron Paul, Republican of
Texas, of legislation to require the Treasury

Peter Brimelow: 2004 ends quietly, except for gold

Section: Daily Dispatches

Gold May Rise in First Week of 2005
on Dollar Weakness, Survey is Told

By Laura Humble
Bloomberg News Service
Monday, January 3, 2005

http://quote.bloomberg.com/apps/news?pid=nifea&&sid=aXcIL5gXYL6k

LONDON -- Gold prices may rise in the first week
of 2005 after the dollar's drop to a record against

The drubbing of the dollar: dangerous or therapeutic?

Section: Daily Dispatches

By Peter Brimelow
CBSMarketWatch.com
Monday, January 3, 2005

http://cbs.marketwatch.com/news/story.asp?guid=%7B60A812F7%2D6058%
2D4182%2D9F78%2D19B0745BFE73%7D&siteid=mktw&dist=

NEW YORK -- U.S. stock exchange operators might have
wondered why they were being dragged into work at all
last week.

As Profitable Investing's Richard Band noted Thursday in

Barry Downs and Bill Matlack on the foreign exchange market

Section: Daily Dispatches

By The Associated Press
Friday, December 31, 2004

http://biz.yahoo.com/ap/041231/newmont_indonesia_4.html

DENVER -- Newmont Mining Corp. wants to bar
shareholders from voting on a proposal that would
require a company review of waste disposal
programs in Indonesia, where it is accused of
poisoning villagers.

Attorneys for the Denver-based company, the

An interview with Hecla Mining CEO Phil Baker

Section: Daily Dispatches

10:38a ET Sunday, January 2, 2005

Dear Friend of GATA and Gold:

Barry Downs and Bill Matlack, brokers with Aegis Capital
Corp. in New York, have some telling observations about
the foreign exchange market, the dollar, and competitive
devaluations in their essay "With Paper Money, Confidence
is 'Suspicion Asleep'" at Gold-Eagle here:

http://www.gold-eagle.com/editorials_04/matlack123104.html

Traders in Bloomberg survey mull gold''s week ahead

Section: Daily Dispatches

11a ET Sunday, January 2, 2005

Dear Friend of GATA and Gold:

MineWeb's Dorothy Kosich has an excellent interview
with Hecla Mining's president and CEO, Phil Baker,
about the future of that venerable company and of
silver itself. You can find it here:

http://www.mineweb.net/sections/whats_new/401133.htm

CHRIS POWELL, Secretary/Treasurer

Economists predict that ECB will be forced to devalue the euro

Section: Daily Dispatches

StreetTracks Gold Draws $1.3 Billion,
Giving it the Best Start for an ETF

By Claudia Carpenter and Choy Leng Yeong
Bloomberg News Service
Friday, December 31, 2004

http://www.bloomberg.com/apps/news?
pid=10000103&sid=af8XJNpjoJ4Q&refer=us

A fund created last month to invest in gold bullion has
attracted $1.29 billion from investors, making it the

Deficit seen keeping dollar in downtrend during 2005

Section: Daily Dispatches

Europe 'Will Have to Act on Dollar'

By Edmund Conway
The Telegraph, London
Saturday, January 1, 2005

http://www.telegraph.co.uk/money/main.jhtml?
xml=/money/2005/01/01/cnecb01.xml&menuId=242&sSheet=/money/2005/01/01/
ixcity.html

The European Central Bank will this year be forced
to intervene in the foreign exchange markets,

Vast reserves of a declining currency are dangerous for Asian central banks

Section: Daily Dispatches

Dollar depreciates for third year;
deficit seen keeping downtrend intact in 2005

By Rachel Koning
CBS.MarketWatch.com
Friday, December 31, 2004

http://cbs.marketwatch.com/news/story.asp?guid=%7B90138A60%2DE45D%
2D41BC%2D8275%2D3992482B90EC%7D&siteid=mktw

CHICAGO -- The U.S. dollar suffered its third straight

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