Daily Dispatches

7:53p ET Friday, May 7, 2004

Dear Friend of GATA and Gold:

No, don't ask your doctor if cyanide is right for you.
Instead, check out Peter Grandich, who argues, as
Jim Sinclair has been arguing, that inflation soon
will become the investment world's focus and drag
gold up. Grandich's commentary has just been
posted at Kitco here:

http://www.kitco.com/ind/Grandich/may072004.html

9:27p ET Friday, May 7, 2004

Dear Friend of GATA and Gold:

There's some wonderfully contrarian analysis tonight
by Van R. Hoisington and Lacy H. Hunt of Hoisington
Investment Management of Austin, Texas. They note
that there is no documentation for most of the new
jobs cited in today's U.S. jobs report. Rather, the
number was, as with so many numbers in U.S.
government reports, simply contrived.

1:34a ET Thursday, May 6, 2004

Dear Friend of GATA and Gold:

In quot;The Bears' Last Stand,quot; Gold Strategies Review editor
Clif Droke sounds a lot like GATA statistician Mike
Bolser, whose nightly analysis is quoted in Bill Murphy's
quot;Midasquot; commentary at LeMetropoleCafe.com. Bolser
says the Federal Reserve is providing enough money to
Wall Street to keep the Dow Jones Industrial Average on

Same Old Story

By Jim Sinclair
Thursday, May 6, 2004

a href=http://www.jsmineset.comhttp://www.jsmineset.com/a

News flash! It's the same old game being played.

Gold was firm in the U.S. overnight and as the COMEX
opening approached and the cash market shifted to COT,
market makers in the U.S. weakened gold into the open
and then by the grace of COT, COMEX traders moved it
lower.