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We urgently need your help
Submitted by cpowell on Mon, 2004-12-06 03:00 Section: Daily Dispatches9:55p ET Monday, December 6, 2004
Dear Friend of GATA and Gold:
GATA is not in the investment advice business
but we ARE in the business of keeping up the
morale of our side against the dirty blows of
the market riggers, and this IS the holiday
season, so feel free to treat yourself to Rick
Ackerman's commentary tonight, which quotes
at length his friend, analyst John Mackenzie,
about an imminent, "astonishing," and
Higher gold prices spur ''panic buying'' in India
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily DispatchesBy George Hsu
Bloomberg News Service
Sunday, December 5, 2004
http://www.bloomberg.com/apps/news?
pid=10000080&sid=apRMGkwuTgW8&refer=asia
TAIPEI, Taiwan -- Taiwan, which has the world's
third-largest foreign-exchange reserves, denied a
report that the island plans to reduce
dollar-denominated holdings because of the record
decline in the U.S. currency.
James Turk: Fear Index reconfirms gold''s bullish trend
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily DispatchesGold Prices Soaring But Indians Continue Buying
The Hindu, Madras
Sunday, December 5, 2004
http://www.hinduonnet.com/thehindu/holnus/006200412051101.htm
By Press Trust of India
NEW DELHI -- Gold prices are soaring but this has
failed to affect the buying spree in the Indian
wedding season. In fact, people are buying more,
Amazing! Wall Street Journal interviews two guys who actually know about gold
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily Dispatches12:04p ET Sunday, December 5, 2004
Dear Friend of GATA and Gold:
GoldMoney founder James Turk, editor of the
Freemarket Gold & Money Report and
consultant to GATA, has recalculated his
"Fear Index" and finds that it gives an
important reconfirmation of gold's bullish
trend.
You can find Turk's report in the "Founder's
Commentary" box on the top left corner of
World Gold Council''s bullion fund doesn''t have the gold it claims to have
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily DispatchesWhat's Buffing Up Gold?
Is $1,000 a Real Target?
Analyst, Fund Manager
Give the Goods on Gold
By Worth Civils
The Wall Street Journal Online
Thursday, December 2, 2004
Gold prices have surged 50 percent since early 2002
to more than $450 an ounce, and some market
watchers are brazenly slapping a $1,000 price target
on the metal for the near future.
That crystal-ball forecast seems heady. But John
Bill Fleckenstein: Prevailing opinion expects dollar to rise and gold to fall
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily Dispatches4:13p ET Sunday, December 5, 2004
Dear Friend of GATA and Gold:
GATA consultant James Turk, editor of the
Freemarket Gold & Money Report and founder
of GoldMoney, discloses in today's edition
of FGMR that, as many have suspected, the
World Gold Council's new exchange-traded
bullion fund does not have the gold it
claims to have.
More than 2 percent of the fund's gold,
Turk reveals, consists of gold bars with
Japan threatens huge dollar selloff
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily Dispatches5:15p ET Sunday, December 5, 2004
Dear Friend of GATA and Gold:
Bill Fleckenstein's latest commentary, appended here,
may be most interesting for observing that the
prevailing opinion now expects the dollar to rise and
gold to fall.
Fleckenstein says:
"Curiously, it seems to me that the No. 1 battle cry is
not 'I'm bearish on the dollar' (though lots of people
are bearish) but 'There are too many dollar bears,
Goldcorp plans friendly acquisition of Wheaton River in 4-for-1 share exchange
Submitted by cpowell on Sun, 2004-12-05 03:00 Section: Daily DispatchesBy Heather Stewart
The Observer, London
Sunday, December 5, 2004
http://observer.guardian.co.uk/business/story/0,6903,1366578,00.html
TOKYO -- Japan is warning the White House that
there will be "enormous capital flight" from the dollar
if the Bush administration maintains its laissez-faire
approach to the mounting currency crisis. Tokyo fears
N.Y. Times: Dollar''s fall tests nerve of Asia''s central bankers
Submitted by cpowell on Sat, 2004-12-04 03:00 Section: Daily Dispatches8:25p ET Friday, December 3, 2004
Dear Friend of GATA and Gold:
The Reuters story about today's decline in the
U.S. dollar, just dispatched to you, mentioned
a report in a German newspaper quoting an
unidentified U.S. Treasury official as saying
that the U.S. government would not intervene
in the currency markets to support the dollar
until it fell to $1.45 to the euro.
That newspaper was Boersen-Zeitung, a financial
Taiwan Central Bank Denies Report of Plan to Cut Dollar Assets
Submitted by cpowell on Sat, 2004-12-04 03:00 Section: Daily DispatchesDollar's Fall Tests Nerve of Asia's Central Bankers
By James Brook and Keith Bradsher
The New York Times
Saturday, December 4, 2004
http://www.nytimes.com/2004/12/04/business/worldbusiness/04banker.html
TOKYO, Dec. 3 -- As Americans embark on another
season of debt-supported holiday spending, they
might want to give thanks that Masatsugu Asakawa
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