Daily Dispatches

1:07a ET Wednesday, June 2, 2004

Dear Friend of GATA and Gold:

Robert McHugh of TechnicalIndicatorIndex.com reports
an explosion in the M-3 money supply in the United
States and construes it as the Federal Reserve's
preparation for some sort of catastrophic event.
Apparently Richard Russell of Dow Theory Letters
has called attention to the same development.

McHugh writes:

"The Federal Reserve has confirmed our stock market

1:55a ET Wednesday, June 2, 2004

Dear Friend of GATA and Gold:

Ted Butler's new commentary on the silver market
begins this way:

"Still spectacular. That's the only way to describe
the current COMEX market structure, as evidenced
by the Commitments of Traders (COT) report. Not
only have the COTs for silver, gold, and copper
remained in strong "buy signal" territory, the latest

10:30a ET Monday, May 31, 2004

Dear Friend of GATA and Gold:

James Turk, proprietor of GoldMoney.com, editor of
the Freemarket Gold & Money Report, and GATA
consultant, has updated his dollar and gold charts
and found that the dollar has fallen off the precipice
on which he had recently charted it. You can find
Turk's analysis, titled "Trouble for the Dollar," in
the "Founder's Commentary" box at the top left of

2:21p ET Sunday, May 30, 2004

Dear Friend of GATA and Gold:

How does the Gold Anti-Trust Action Committee know
that central banks are working with bullion banks and
other financial houses to suppress the price of gold?

We know because of the painstaking research of our
consultants -- Reg Howe, James Turk, Andrew Hepburn,
Mike Bolser, and Bob Landis. They have gone through
the official reports and the footnotes of the Bank for