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Daily Dispatches
Dollar falls to another record against euro amid doubts about intervention
Submitted by cpowell on Mon, 2004-12-27 03:00 Section: Daily Dispatches4:33p 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:
Is gold headed for its longest rally since the Nixon years?
Submitted by cpowell on Sun, 2004-12-26 03:00 Section: Daily DispatchesEconomic 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?
Submitted by cpowell on Sun, 2004-12-26 03:00 Section: Daily DispatchesBy 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
Submitted by cpowell on Sun, 2004-12-26 03:00 Section: Daily Dispatches10:42p 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
Submitted by cpowell on Sun, 2004-12-26 03:00 Section: Daily DispatchesBy 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
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily Dispatches8:20p 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
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesMining 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
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesBy 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
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesFrom 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
Submitted by cpowell on Sat, 2004-12-25 03:00 Section: Daily DispatchesFrom 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.