Daily Dispatches

2p EDT Sunday, December 24, 2000

Dear Friend of GATA and Gold:

The Mexican businessman and student of economics
Hugo Salinas Price, a great friend to GATA, has
written, in the form of an open letter to the
economic analyst J.N. Tlaga, a meditation on the
future of money and the international economic
system. While its advocacy goes well beyond GATA's
charter, the letter is compelling reading, so I

December 19, 2000

Dear GATA:

As an educational technologist and small gold investor
with all of his Canadian Registered Retirement Savings
Plan money invested in a supposedly safe ScotiaFunds
Precious Metals fund since 1993, I have lost more than
65 percent of my investment savings in that time,
amounting to more than $CAN45,000.

I have felt ashamed and depressed over this terrible
investment decision. It has been painful to watch all

By Thom Calandra
FT MarketWatch.com
December 18, 2000

(Excerpted.)

Ready for a non-starter? Gold-mining stocks are poised
for a powerful rally that could shed more than a decade
of torpor.

There, I said it. Go ahead and yawn.

Triggers for a gold price that I think may surpass $500
an ounce in 2001 could include a tottering dollar,
waning confidence in paper instruments, and an
accelerating pace of inflation. In the meantime, look

By John Willman, Banking Editor
The Financial Times
December 17, 2000

Twelve central bankers have been threatened with legal
action by a Paris-based shareholders' group unless they
vote against terms offered by the Bank for
International Settlements to buy back the 13.73 percent
of its shares in private hands.

Deminor, a corporate governance consultancy that has
been at the centre of several battles to defend