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Daily Dispatches

U.S. leading indicators fall for fifth straight month

Section: Daily Dispatches

By Carlos Torres
Bloomberg News Service
Thursday, November 18, 2004

a href=http://quote.bloomberg.com/apps/news?http://quote.bloomberg.com/apps/new...
pid=10000006amp;sid=aMOpm65L4dCcamp;refer=home

WASHINGTON -- A barometer of future U.S. economic
activity fell for a fifth month in October, the longest
stretch of declines since 1995, signaling that the
world's largest economy isn't likely to accelerate in

Peter Brimelow and Ed Rubenstein: Gold is far from overvalued

Section: Daily Dispatches

Note: Use the Internet link below to see the charts
that accompany this report.

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By Peter Brimelow and Ed Rubenstein
CBSMarketWatch.com
Thursday, November 18, 2004

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NEW YORK -- The Bush Bounce continues in the stock

Now that there''s profit in mining, what to do with the cash?

Section: Daily Dispatches

By Steve James
Reuters
Thursday, November 18, 2004

a href=http://www.reuters.com/newsArticle.jhtml?type=topNewsamp;storyID=6857584...

NEW YORK -- Now that they're raking in profits from
sky-high metals prices, mining companies face the
question of what to do with all that newfound cash.

Some are looking to the future by plowing money back

More comment on the debut of the World Gold Council''s bullion fund

Section: Daily Dispatches

Gold Futures Fall But Hold Above $440;
New Exchange-Traded Fund Opens on NYSE

By Myra P. Saefong
CBSMarketWatch.com
Thursday, November 18, 2004

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SAN FRANCISCO -- Gold futures closed lower Thursday

Everybody seems to be hoping for a drop in gold for a better buy point

Section: Daily Dispatches

Trade Confident Of Gold Hitting $450 Soon

By Nicholas Sinclair
Dow Jones Newswires
Thursday, November 18, 2004

a href=http://www.futuresource.com/news/story.jsp?i=i4511580452066230336http://...

SYDNEY -- After breaking above US$445 a troy
ounce Wednesday for the first time since July 1988,
gold is poised for further gains in the near- to medium-

CBSMarketWatch says gold ETF is expected to launch Thursday

Section: Daily Dispatches

By John Spence
CBSMarketWatch.com
Wednesday, November 17, 2004

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BOSTON -- The first exchange-traded fund investing
in gold bullion will begin trading on the New York

Mark Gilbert: U.S. is happily devaluing its way out of its trade deficit

Section: Daily Dispatches

Treasury Secretary Snow Laughs Off Dollar's Drop

By Mark Gilbert
Bloomberg News Service
Wednesday, November 17, 2004

a href=http://quote.bloomberg.com/apps/news?http://quote.bloomberg.com/apps/new...
pid=10000039amp;refer=columnist_gilbertamp;sid=abKpiT.R8.6k

quot;The history of efforts to impose non-market valuations
on currencies is at best unrewarding and checkeredquot;

Are you paying storage fees on silver that doesn''t exist?

Section: Daily Dispatches

By James R. Cook and Ted Butler
Investment Rarities
Wednesday, November 17, 2004

www.InvestmentRarities.com

Last week we had two prospects tell us that they had
silver stored with major New York brokerage firms.
One man had 50,000 ounces he'd bought from them
years ago. The other had 20,000 ounces with another
well-known firm. They have both been paying storage
fees. But neither had any kind of proof that they owned

Debt doubles at agency that insures U.S. pension plans

Section: Daily Dispatches

By Nicole Mordant
Reuters
Tuesday, November 16, 2004

http://www.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh20062_2004-11-16_20-37-38_n16318293_newsml

VANCOUVER, British Columbia -- Noranda Inc. said
on Tuesday it is reopening the field to other bidders
or may go it alone after failing to seal a
multibillion-dollar takeover by China Minmetals during

Fannie Mae admits possible $9 billion loss from derivatives as auditor balks

Section: Daily Dispatches

U.S. Dollar Crisis Could Catapult
Gold Over $600, Dealer Says

By Jim Hawe
Dow Jones Newswires
Monday, November 15, 2004

TOKYO -- The price of gold could surge to levels not
seen since the early 1980s if a big chunk is taken
out of the value of the U.S. dollar in coming years,
one market insider says.

A further devaluation of the greenback by 20-30 percent
would make bullion more attractive as an alternative

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