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Daily Dispatches
Argentina''s central bank moves more reserves into gold
Submitted by cpowell on Tue, 2004-09-28 03:00 Section: Daily DispatchesPremier says China to make yuan more flexible
Reuters
Tuesday, September 28, 2004
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh92754_2004-09-28_11-51-09_pek174607_newsml
BEIJING -- Chinese Premier Wen Jiabao pledged on
Tuesday to push ahead with reform of the yuan
currency and make the exchange rate mechanism
China is contemplating getting out of the dollar
Submitted by cpowell on Tue, 2004-09-28 03:00 Section: Daily DispatchesArgentina's Central Bank Increases Gold Reserves
Reuters
Tuesday, September 28, 2004
http://www.reuters.com/newsArticle.jhtml?type=topNews&storyID=6351310
LONDON -- Argentina's central bank bought more
gold in July and August, taking its gold reserves up
to 1.77 million troy ounces by the end of August, or
He''s that bullish: McEwen would bank all Goldcorp''s production if he could
Submitted by cpowell on Tue, 2004-09-28 03:00 Section: Daily Dispatches8:40p ET Tuesday, September 28, 2004
Dear Friend of GATA and Gold:
China's English-language daily newspaper, China
Daily, today published a major opinion essay by
the head of the economics department of China
Foreign Affairs University. He argued that China
stands to suffer huge losses if it continues to
hold most of its foreign exchange reserves in
U.S. dollars, and he advocated converting those
20 percent devaluation of U.S. dollar is reported proposed for G7 meeting
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily DispatchesBy Nicole Mordant
Reuters
Sunday, September 26, 2004
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?
duid=mtfh64626_2004-09-27_00-11-59_n26656630_newsml
DENVER -- Rattled by a spate of high-profile mining
disruptions on several continents this month, gold
stock investors are looking to company bosses to
Internet link to Dow Jones Newswires story on dollar devaluation
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily Dispatches8:21a ET Monday, September 27, 2004
Dear Friend of GATA and Gold:
While an in-the-clear Internet link is not available
for the Dow Jones Newswires story below, GATA has
confirmed its genuineness, so the question becomes
the reliability of the unidentified sources of the
source publication, the British paper The Business.
The consequences of the possible international
financial policy cited by those sources -- a
Newsweek story on currency exchange rates acknowledges manipulation
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily Dispatches8:35a ET Monday, September 27, 2004
Dear Friend of GATA and Gold:
Thanks to a poster at Centennial Precious
Metals' USAGold.com bulletin board, here's
an in-the-clear link to the Ameritrade
brokerage service's reproduction of the Dow
Jones Newswires story about speculation on
a 20-percent devaluation of the U.S. dollar:
http://www.amtddj.inlumen.com/bin/djstory?StoryId=Cqvy:WaebqLqWmde2mtG
Original story about 20% dollar devaluation from The Business
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily Dispatches8:50a ET Monday, September 27, 2004
Dear Friend of GATA and Gold:
The Newsweek story appended here, published
over the weekend, reiterates the likelihood that
currency exchange rates will get a lot of
discussion when the central bankers meet
this week. It also acknowledges ongoing central
bank manipulation of exchange rates and thus,
implicitly, gold: "It's not always clear where
GATA publicizes class-action lawsuit against Barrick and Morgan Chase
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily DispatchesPressure grows on G7 to agree acceleration dollar devaluation
By Allister Heath
The Business, London
Sunday, September 26, 2004
http://thebusinessonline.com/modules/news/view.php?id=13278&s=3&
President Bush is being urged to signal a further
devaluation of the dollar of up to 20 percent to
rebalance the global economy, ahead of Friday's
Evening trading sees oil at $50
Submitted by cpowell on Mon, 2004-09-27 03:00 Section: Daily Dispatches5:20p ET Monday, September 27, 2004
Dear Friend of GATA and Gold:
GATA today distributed throughout the United States
via Business Wire a press release about Blanchard
& Co.'s new class-action lawsuit against Barrick
Gold and J.P. Morgan Chase. At this hour the
release has been posted on the home pages of
Kitco.com and TheBullionDesk.com. It is appended
and you can find its Internet link here:
Edgy gold investors to seek comfort at Denver show
Submitted by cpowell on Sun, 2004-09-26 03:00 Section: Daily DispatchesBy Rick Thomas
Coeur d'Alene Press, Idaho
Saturday, September 25, 2004
http://cdapress.com/articles/2004/09/25/business/bus01.txt
COEUR d'ALENE -- You might as well spend all your
money now. Better yet, borrow as much as you can
and spend it fast, because it will soon be worthless.
Or still better, invest in silver or gold, which will