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Daily Dispatches

Dollar falls to another record against euro amid doubts about intervention

Section: Daily Dispatches

4:33p ET Monday, December 27, 2004

Dear Friend of GATA and Gold:

Julian D.W. Phillips, editor of Gold-Authentic Money,
explains in an essay posted today at GoldSeek the
historic importance of the Bundesbank's decision
against selling more gold from its reserves. You can
find Phillips' essay here:

http://news.goldseek.com/AuthenticMoney/1104171021.php

Is gold headed for its longest rally since the Nixon years?

Section: Daily Dispatches

Economic Rally for Argentina Defies Forecasts

By Larry Rohter
The New York Times
Sunday, December 26, 2004

http://www.nytimes.com/2004/12/26/international/americas/26argent.html
?hp

BUENOS AIRES, Dec. 23 -- When the Argentine economy collapsed in
December 2001, doomsday predictions abounded. Unless it adopted

Pimco director says U.S. bonds must be repudiated; so why does Pimco own them?

Section: Daily Dispatches

By Laura Humble
Bloomberg News Service
Monday, December 27, 2005

http://www.bloomberg.com/apps/news?
pid=10000087&sid=aO9aCmMLJgZE&refer=top_world_news

LONDON -- Gold prices, already near a 16-year high, may be
headed for the longest rally since Richard Nixon was U.S.
president as a falling dollar and renewed concern about
inflation boost bullion's appeal as an investment.

Year-end bounce for dollar is elusive

Section: Daily Dispatches

10:42p ET Sunday, December 26, 2004

Dear Friend of GATA and Gold:

Chris P. Dialynas, managing director of Pacific Investment
Management Co. (PIMCO), the big bond house, has just
written a comprehensive study of the international financial
situation, "Trouble Ahead, Trouble Behind." It purports to
outline a remedy to the explosive imbalances in the world
economy.

Dialynas' program includes:

Dutch finance minister''s comments give euro another boost

Section: Daily Dispatches

By Steven Vames
Dow Jones Newswires
Monday, December 27, 2004

http://sg.biz.yahoo.com/041226/15/3phy0.html

NEW YORK -- With conditions in currency markets
already thin, whatever trading takes places during the
final week of 2004 is likely to be choppy and volatile
for the dollar.

The euro pushed to yet another all-time peak versus

NYTimes: Newmont long knew about massive mercury pollution at Indonesia mine

Section: Daily Dispatches

8:20p ET Thursday, December 23, 2004

Dear Friend of GATA and Gold:

Sprott Asset Management's chief investment
strategist, John Embry, went on Wednesday's
"Market Call" program on ROB-TV in Canada
-- also known as Radio Free America -- and
remarked, among other things, that anyone
who doesn't see that the gold market is
being manipulated by central banks trying
to deceive the world about inflation would

Dollar may become a casualty of U.S. foreign policy

Section: Daily Dispatches

Mining Giant Was Warned
About Pollution in Indonesia

By Jane Perlez
The New York Times
Wednesday, December 22, 2004

http://www.nytimes.com/2004/12/22/international/asia/22newmont.html

JAKARTA, Indonesia -- An internal company report warned top
executives at the Newmont Mining Corp., the world's largest gold

Newmont says emissions from Indonesian mine were not harmful

Section: Daily Dispatches

By William Pesek Jr.
Bloomberg News Service
International Herald Tribune, Paris
Tuesday, December 21, 2004

http://www.iht.com/articles/2004/12/20/bloomberg/sxpesek.html

Being an American overseas these days can be a disorienting
experience. Virtually everyone you meet, it seems, wants to explain
why he or she is upset with the United States.

Indonesian court says detention of Newmont executives was illegal

Section: Daily Dispatches

From Reuters
Wednesday, December 22, 2004

http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=7165399

DENVER -- Newmont Mining Corp. said on Wednesday its gold operations
in Indonesia had released mercury but the toxic emissions were not at
levels harmful to people or the environment.

The statement from the world's biggest gold miner was the latest step

Having told IMF to drop dead, Argentina prospers

Section: Daily Dispatches

From Reuters
Thursday, December 23, 2004

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh14503_2004-12-23_11-10-33_jak160713_newsml

JAKARTA -- An Indonesian court said on Thursday the detention of five
executives of a local unit of U.S. gold miner Newmont Mining Corp.
earlier this year was illegal.

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